Audit

Front-end your humility, and other lessons learned from audit

Trust in institutions has plunged over the past twenty years. The community’s belief in political structures, in banks, in religious institutions, in corporations – has dropped. In the corporate world…

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What do 2 Dysons and a pressure cooker have to do with #AuditorProud?

A man-child friend of mine, let’s call him Jeff*, exclaimed he has matured as he now has 2 Dysons AND a pressure cooker. A Weber may have also been mentioned. You may wonder what this has to do with being #AuditorProud?

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The audit expectation gap: what people believe and what actually is . . .

Today – the expectation gap between what people believe the auditor’s role to be and what the role IS – has never been wider. And the expectations are continuously shifting.

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Why every audit is like a first date

As a proud auditor, Valentine’s Day has me pondering the similarities between dating and auditing. Simply, the thrill doesn’t wear off.

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Key Audit Matters gives insight into what’s on an auditor’s mind

For years, a common complaint from shareholders was that the auditors’ report didn’t share much. But the introduction of obligatory reporting on key audit matters has changed this.

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Did you think the Easter bunny was human-size or rabbit-size?

What is the relevance of auditor judgement and your perceptions of whether the Easter bunny was human-size or rabbit-size? The answer lies in how your experiences impacted your knowledge and imaginings.

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Messing with tradition – deconstructing Key Audit Matters. Is it fluff? #AuditorProud

Auditors opening their books to scrutiny. Shareholders get insights from behind the boardroom doors. Carolyn Ralph deconstructs KAMs (Key Audit Matters) and asks, “Is it all fluff?”

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The art of loan loss provisioning is tough and just got rougher

Sending out official announcements just before Christmas can often result in limited pick-up. Particularly so when they concern the arcane subject of accounting standards.

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ASX 200: reporting more than financials, Australia edges down the Integrated Reporting pathway

There are some encouraging developments in Australian corporate reporting – but we are still behind other parts of the world. The third KPMG ASX 200 corporate reporting – evolution and…

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What do you call an accountant with an opinion? An auditor. #AuditorProud

Today is #AuditorProud day. A little known celebration, in its second year, but one close to my heart as a proud audit geek – and since being appointed to the…

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Australian annual reports have cut the clutter but leave out important information

There is some good news and some not so good news in the state of Australian corporate reporting. KPMG International has just released a study of business reporting by 270 companies…

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Time-poor audit committees can’t do it all

KPMG’s annual global survey of Audit Committee members always provides valuable insights into the thinking of board members. This year, with more responses both globally (1,500) and Australia (78) than…

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