Auditing

Due to its inherently illegal nature, fraud is almost always hidden or disguised, making it very difficult to detect.

Should auditors be held liable if they miss fraud?


There are red flags that could point to problems with auditor independence

6 warning signs the tax office uses when monitoring SMSF auditors


Audit trends: When are auditors raising concerns? INFOGRAPHIC


The option to conduct a review instead of an audit, even if allowed under relevant legislation, depends on the entity’s constitution.

Review or audit? Help your clients understand the difference.


Transcript: Top themes on the auditing of small entities


INTHEBLACK

Podcast: Is data analytics transforming the audit?


Auditors need training and experience to recognise red flags that should trigger distrust and call for investigation.

Are you distrusting enough to be a great auditor?


What are the key threats to auditor independence?

6 (more) threats to auditor independence


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Using audit data analytics to gain greater insights


Auditors will need to challenge the adequacy of disclosures for 'close call' situations

What's next in audit reforms?


Cochlear CFO Neville Mitchell

Cochlear leads the way in new audit process


The revised standards will open up the machinery of audit to greater public scrutiny

IAASB aims to make auditor reports more transparent


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Enhanced auditor reporting


Actual independence is quite straightforward

The fundamental importance of auditor independence


Top 10 breaches: audit and non-audit engagements


One issue with auditing of super funds is that it typically occurs many months after a financial year has finished.

Real-time auditing of SMSFs


Keep an eye out for threats to independence that catch SMSF auditors out

6 key threats to auditor independence


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Integrating assurance is about both ‘who’ and ‘how’


Calling a rooster a duck won't make it quack. It's important to get the label right.

Employee or contractor? Get the label right.


The revised auditor reporting model provides an opportunity for clarity.

In auditing, long is the new short


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