Did you know that the audit function dates back to ancient Rome? Or that it was Henry I who coined the word “audit”? Explore these and other interesting facts about the audit profession in the lead-up to Auditor Proud Day.
This wide-ranging conversation covers the audit expectation gap, how auditors respond to climate change and what would happen to the economy if there weren’t enough auditors.
Tune in now.
Host: Dr. Jane Rennie, Head of Media and External Engagement, CPA Australia
Guest: Ram Subramanian, Senior Manager Audit & Assurance, CPA Australia
Additional show notes:
PDF: Guide on climate risks and its impacts on the audit of financial statements
Pre-recorded webinar: Climate risk – what external auditors need to consider [Password:CPAAustralia2023]
Video: Understanding International Standard on Sustainability Assurance 5000 (IAASB ED 5000)
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast app.
You can email the podcast team at podcasts@cpaaustralia.com.au
Do businesses using AI outperform those that don’t? What AI tools are accountants using?
Our subject matter experts answer these questions and more as they break down CPA Australia’s third annual Business Technology Report, a survey of technology used by businesses in the Asia-Pacific.
Host: Simon Downes, External Affairs Lead, CPA Australia
Guest: Gavan Ord, Business Investment Policy Manager, CPA Australia
Read CPA Australia Business Technology Report 2023 for the full findings of our survey.
The Australian Cyber Security Centre (ACSC) has detailed information about the Essential Eight cybersecurity risk mitigation strategies.
CPA Australia member benefits, tools, guides and links for technology and cybersecurity are available on our website.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
You can email the podcast team at podcasts@cpaaustralia.com.au
We examine the recent Government review into insolvency with the report Chair.
Broken or fit for purpose? We put Australia’s corporate insolvency regime under the spotlight.
Tune in now.
Host: Dr Jane Rennie, Head of Media and External Engagement, CPA Australia
Guest: Senator Deborah O’Neill, the Chair of a Parliamentary Joint Committee on Corporate and Financial Services (PJCCFS) which released a report into corporate insolvency in July 2023
For more insights, you can read the corporate insolvency in Australia report online and CPA Australia’s submission to the review.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
JobKeeper was the biggest stimulus payment to business in Australian history.
CPA Australia’s expert panel takes a look at how this A$88.9 billion stimulus package stacks up against other programs and evaluates its effectiveness.
Was it worth the cost? Tune in now.
Host: Dr Jane Rennie, Head of Media and External Engagement, CPA Australia
Guests: Elinor Kasapidis, Head of Policy and Advocacy, CPA Australia, and Gavan Ord, Senior Manager Business Policy, CPA Australia
In June this year, the Australian Government called for feedback on the JobKeeper program. CPA Australia made a submission, which you can read online.
CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast app.
You can email the podcast team at podcasts@cpaaustralia.com.au
Financial performance isn’t the only corporate benchmark these days.
Investor and public information needs are evolving towards a broader set of performance measures, such as climate change, modern slavery and human rights.
Tune in now to learn more.
Host: Ram Subramanian, Senior Manager Reporting and Audit Policy, CPA Australia
Guest: Dr Andreas Barckow, Chair of the International Accounting Standards Board (IASB)
For more information, the International Financial Reporting Standards Foundation (IFSB) website has an article that explains the benefits of connectivity in reports.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Are you concerned about data fraud at tax time? If so, this podcast can help.
Learn how to avoid online scams and keep your personal and business data safe with expert advice from the ATO. Join Assistant Commissioner Tim Loh and CPA Australia’s senior tax manager as they explain smart ways to avoid online scammers at tax time.
Tune in now.
Host: Elinor Kasapidis, Senior Manager Tax Policy, CPA Australia
Guest: Tim Loh, Assistant Commissioner Australian Tax Office (ATO)
For more information, the ATO website has multiple resources for online security tips and advice. The myGovID website is also updated regularly with support materials.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Are you a property investor? Then this is the tax time podcast for you.
Join ATO Assistant Commissioner Tim Loh together with CPA Australia’s senior tax expert as they outline what you need to know ahead of tax time 2023.
Don’t miss out on this essential guide for property investors.
Host: Elinor Kasapidis, Senior Manager Tax Policy, CPA Australia
Guest: Tim Loh, Assistant Commissioner Australian Tax Office (ATO)
For more tax-time insights, the ATO’s toolkit for investors is a helpful place to start.
The ATO has further guidance on main residence exemption for foreign residents.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast provider.
Email our podcast team at podcasts@cpaaustralia.com.au
Are you a tradie? Then this is the tax time podcast for you. Join ATO Assistant Commissioner Tim Loh as he outlines tradies’ work-related expenses for 2023.
Also featuring CPA Australia’s senior tax expert, this is the ultimate guide for Aussie tradies at tax time.
Tune in now.
Host: Elinor Kasapidis, Senior Manager Tax Policy, CPA Australia
Guest: Tim Loh, Assistant Commissioner Australian Tax Office (ATO)
If you’re an employee or sole trader working in the trades, the ATO has guidance for you.
For more on what tradies can claim, the ATO has advice for employees or those who run a small business.
The ATO also lists information on personal services income and tradesperson income and work-related deductions.
Additionally, in the ATO app there is a handy tool called myDeductions that makes it easier to keep records in one place.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast provider.
Email our podcast team at podcasts@cpaaustralia.com.au
ATO Assistant Commissioner Tim Loh is in the studio to explain what you need to know for tax time 2023. Along with CPA Australia’s senior tax expert, this is your ultimate guide to tax time.
Do not miss out. Tune in now.
Host: Elinor Kasapidis, Senior Manager Tax Policy, CPA Australia
Guest: Tim Loh, Assistant Commissioner Australian Tax Office
For more essential insights, With Interest has covered the ATO’s changes to working from home deductions, and outlined the new online economy tax changes.
Additionally, if you would like to understand more about FBT-free EVS, there is an episode from 2022 that outlines key information on this topic.
Furthermore, the ATO has guidance on its website for the fixed rate method, and information on motor vehicle and car expenses as well as the sharing economy reporting regime.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Australia's Productivity Commission aims to double philanthropic giving by 2030. Is this a realistic ambition?
Tune in now for CPA Australia expert analysis of the Commission’s review into philanthropy and find out what you need to know.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Ram Subramanian, Senior Manager Reporting and Audit Policy, CPA Australia
If you’d like to read more about this topic, CPA Australia’s submission to the Productivity Commission is online.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance, and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
The Treasurer’s Federal Budget 2023 has been delivered with CPA Australia's tax and business experts dissecting the announcement.
Stay informed with this in-depth budget breakdown. Listen now.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guests: Elinor Kasapidis, Senior Manager Taxation Policy CPA Australia and Gavan Ord, Senior Manager Business Policy, CPA Australia
For additional coverage, head online for CPA Australia’s 2023-24 Federal Budget coverage.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au
Australia’s superannuation system is a global leader.
Worth around AUD $3.4 trillion, the nation should be proud of the world’s fifth-largest super system, one that covers around 16 million Australians as they work towards retirement.
So, why is the Australian Government seeking to legislate an “objective” for super? A public consultation on the objective recently closed, and CPA Australia has made a submission.
CPA Australia thinks that superannuation is only one component of a broader retirement savings system and, therefore, should not be considered in isolation.
Furthermore, there should be a clear long-term vision articulated for Australia’s retirement savings system.
We speak with the author of CPA Australia’s submission to learn more.
Listen now.
Host: Dr Jane Rennie, General Manager Media and Content, CPA Australia
Guest: Michael Davison, Senior Manager Advocacy and Retirement Policy, CPA Australia
For information on today’s topic, you can read CPA Australia’s submission on legislating an objective for the superannuation system.
And for more, CPA Australia has a summary page with policy perspectives to government policy, legislative or administrative announcements.
CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting:
Search for them in your podcast platform.
You can email the podcast team at podcasts@cpaaustralia.com.au