Auditing small entities brings many unique challenges.
This podcast tackles the question: is data analytics transforming the audit or is just a new means of gathering the same evidence as in the past?
Professional scepticism is a hot topic for auditing, and new research provides pointers on how to develop it.
The start of a new year brings with it plans to embrace new ways of doing things, but when it comes to truly embracing the potential for data analytics to change the audit, it has been a long time coming.
The ATO is increasing its focus on SMSF auditors who fail to meet key independence requirements.
The Queensland Audit Office is leading the way on analysing large amounts of complex audit data to unlock insights into government agencies.
The International Auditing and Assurance Standards Board has issued sweeping reforms aimed at increasing the usefulness and transparency of auditors’ reports. These changes have been taken into the Australian standards, effective from 15 December last year. So why the change?
Cochlear – a global leader in the hearing implant market – was among the early adopters of advanced audit reporting in Australia. We speak to Cochlear’s CFO Neville Mitchell about the lessons learnt since adopting the new standards.
The English Court of Appeal once stated that the auditor “is a watchdog, but not a bloodhound.”
Frustrated by the limited gains in audit quality, as reflected in inspection findings, the International Forum of Independent Audit Regulators (IFIAR) has reached agreement with the six largest global network audit firms to reduce negative audit inspection findings by 25 per cent by 2019