The Parliamentary Joint Committee's recommendations for the future of audit stand to enhance transparency and boost confidence in audit without making fundamental changes to how audits are conducted.
The 2020 update of the IFRS Due Process Handbook clarifies the role of IFRIC agenda decisions within the IFRS framework. Here are the facts accountants need to know.
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.
Much of the world has experienced some sort of shutdown this year, with governments implementing financial support strategies to keep their economies from slipping into a recession amid the COVID-19 pandemic.
Amid the Parliamentary Joint Committee's ongoing inquiry into the regulation of auditing, there are lessons to be learned from the Brydon Review.
CPA Australia’s External Reporting Centre of Excellence members reflect on the impact of COVID-19 on the way audits are being conducted.
How business leaders communicate during times of crisis can create clarity, build resilience, and catalyse positive change on the way to recovery. INTHEBLACK taps into lessons learned from CPA Australia’s External Reporting Centre of Excellence on how to navigate the next stage.
COVID-19 has created business opportunities for some entities, but for many, particularly those reporting in June, there have been negative impacts, resulting in a likely increase in modified auditors’ reports. Understanding the meaning and relative significance of auditors’ modifications and communication will be critical to users of financial reports.
Remote working and travel restrictions are changing the way audits are conducted. Here's how to utilise technology and get the job done.
What concessions have Australian regulators provided to not-for-profits, including charities, incorporated associations, fundraising licensees and companies limited by guarantee during these challenging times? Here’s a guide to the relief provided in various jurisdictions.