PROFESSION • By Malavika Santhebennur
A superannuation body has argued that recent scandals at large accounting firms show regulatory oversight is weak at the firm level.
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The Australian Institute of Company Directors has said it supports reforms to improve the governance and accountability of audit firms but rejects the idea that audit quality in Australia is experiencing "systemic decline".
PROFESSION • By Miranda Brownlee
Read MoreWhile the professional body has welcomed the government’s guidance on climate‑related transition planning, it has called for more targeted resources for investors and further policy development to enable corporate action on the transition.
PROFESSION • By Carlos Tse
Read MoreCPA Australia has welcomed the ombudsman’s consultation on its review into the ATO’s use of director penalty notices and its draft workplan, and has stressed that its independent voice is crucial for the profession.
TAX • By Carlos Tse
Read MoreThe accounting firm has reportedly cut its executive ranks in response to its audit misconduct scandal and a tough consulting market.
PROFESSION • By Malavika Santhebennur
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