ASIC’s audit inspection report found an increase in negative findings and so is commencing new initiatives aimed at improving audit quality. Doug Niven, Senior Executive leader for Financial Reporting and Audit at ASIC, explains to Claire Grayston from CPA Australia the basis of those findings and what ASIC’s new key initiatives involve. Doug also explains why the report now provides greater transparency by including individual results for the “Big 4” firms.
As Fintech plays a significant role in the future of the banking and finance sector, we go behind the scenes in this CPA Australia Podcast episode to speak to two CPAs about what it is like to work for two of the most successful Fintech brands in Australia respectively.
How much influence can directors and audit committees have over the quality of the external audit? Hear how directors can get the most out of their company’s audit from Jacco Moison at the NZ Financial Markets Authority, as he speaks with Claire Grayston from CPA Australia. The FMA has updated Audit Quality – A Director’s Guide which explains the director’s role in influencing audit quality, focussing on FMC reporting entities.
In this podcast episode, Peter Johnson FCPA discusses why he chose to specialise in self-managed super funds (SMSF), what makes them so popular and where he sees the future of accounting heading.