The professional bodies have called for changes to the bill to consolidate the Financial Reporting Council, AASB, and AUASB into a single entity, after previous recommendations were ignored.
The practical report provides guidance on applying the ISSA 5000 requirements to estimates and forward-looking information.
ASIC's crackdown on the non-lodgment of financial reports has resulted in a further three companies being fined for failing to meet their obligations.
Deborah O’Neill has raised “serious concerns” about alleged misconduct at KPMG, including breaches of independence and the misuse of confidential information, following a whistleblower tip-off.
Australian companies and not for profits are turning to M&A deals to secure their futures amid an increasingly volatile economic environment, surveys have indicated.
Law firm Clayton Utz has welcomed former senior ATO litigator Rimma Miller to its Sydney office in a move to bolster the firm’s tax practice.
Senators have questioned the professional bodies about whether increased private equity ownership of accounting firms is creating a conflict with accountants' ethical obligations.
The corporate regulator is paying greater attention to companies that fail to lodge financial reports, and is currently seeing widespread non-compliance in this area.
To front the board after Nancy Milne’s tenure concludes in March, former senior judge of the Supreme Court of NSW, the Honourable Peter Garling RFD, SC, has been appointed as chair.
Internal auditors continue to operate in an increasingly complex and fast-moving risk environment, the big four firm has said.
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