As COVID-19 forces many businesses to dramatically change the way they operate and adopt remote working, there are technology solutions that can help auditors stay on top of their game.
Ethics and public interest have long been the basis of an accountant's work, and ongoing regulation changes globally call for increased accountability, transparency and independence.
To reduce the spread of the coronavirus or COVID-19, governments have placed restrictions on the movement of people to and from certain areas and countries. Here we look at the impact on reporting entities and auditors and how authorities are responding.
There is an enormous opportunity in solving the challenge of how to design simpler standards for the audit of less complex entities.
Auditors are under scrutiny in Australia and the UK, but where does their responsibility lie in preventing fraud and company collapse?
The auditing profession is under pressure due to changing expectations, technological shifts and increasing competition; but could these pressures be the catalyst for audit's reinvention?
As the June reporting season looms, auditors have received further guidance on reporting climate change risk.
New technologies have the potential to take over much of the routine compliance work performed by accountants and auditors. How will that affect the accounting profession?
With the Australian Taxation Office (ATO) increasing its compliance activities to reduce what it has identified as an $8.7 billion gap between what it has collected from individual taxpayers and what it should have collected, it may be tempting to consider any old tax audit insurance product. Here’s what accountants should know about junk insurance.
A legal precedent may be set for SMSF auditors after a court found a second auditor responsible for the lion’s share of an SMSF’s losses.