Learning to recognise early signs of trouble, and partnering with an insolvency expert, can help public practitioners save their clients from going under.
After five years of consultation with regulators, standard-setting groups and other key stakeholders worldwide, the Monitoring Group of international financial regulators has released its way forward for revising the governance structure for setting standards in audit and ethics.
Digital reporting has been successfully adopted overseas, but Australian corporates are yet to be convinced.
The pandemic has created a whole new set of challenges for accountants – from untangling complex stimulus schemes and adapting to new technology, to leading staff and clients through uncharted waters, and safeguarding their own and their clients’ businesses. This is how two CPAs have risen to the challenges of 2020.