Financial Markets Authority Senior Advisor, Jacco Moison, discusses the key findings from the FMA’s 2015 Audit Quality Review, highlights positive trends and areas for future improvement, relevant to audit firms, audit committees and directors, as well as the FMA’s focus for 2016.

Guest: Jacco Moison, Senior Adviser, Markets Oversight, FMA

CPA Australia host: Claire Grayston

Private companies providing benefits to shareholders need to be wary of the wide provisions of Division 7A, says CPA Australia senior tax counsel Mark Morris in conversation with Sue Williamson and Megan Bishop of Ernst & Young.

Ian Raspin of BNR Partners and Mark Morris, formerly CPA Australia's senior tax counsel and now professor of Practice at La Trobe University, recap the pros and cons of lodging a family trust election.

Independent consultant Miles Deayton and Mark Morris, CPA Australia's senior tax counsel, discuss a range of recent ATO audit initiatives.

Roelof Van Der Merwe, National Tax Director Nexia Australia, discusses a recent ruling which confirms that payments of money or property transfer to a spouse will be regarded as a Division 7A deemed dividend.

ASIC recently announced its focus for 30 June 2014 financial reports of listed and public interest entities, as well as findings from its reviews of 31 December 2013 reports.

Amir Ghandar, Policy Advisor, CPA Australia and Dr Damian Cotchett, Senior Consultant, Nous Group discuss the importance of professional scepticism, and what it means to professionals including particularly auditors in a practical sense.

Ray Cummings, Principal, Greenoak Advisory, discusses his experiences and approach to tax audits with Mark Morris, Senior Tax Counsel, CPA Australia.

Ian Raspin, Director, BNR Partners outlines some of the key contentious issues that can arise through the use of testamentary trusts with Mark Morris, Senior Tax Counsel, CPA Australia.

Ray Cummings, Principal, Greenoak Advisory, and Mark Morris, Senior Tax Counsel, CPA Australia discuss when a contractor will be regarded as deriving personal services for tax purposes including related tips and traps.

Ray Cummings, Principal, Greenoak Advisory, and Mark Morris, Senior Tax Counsel, CPA Australia, discuss the various tips and traps for practitioners when applying the small business CGT concessions.

Doug Niven, Senior Executive Leader - Financial Reporting and Audit, ASIC and Ram Subramanian, Policy Adviser - Reporting & Audit, CPA Australia discuss useful tips for financial report preparers and auditors this financial reporting season.

Fair value accounting and the Global Financial Crisis: Part 2

Fair value accounting and the Global Financial Crisis: Part 1

Islamic finance accounting issues