Following the 2008 crisis, those tasked with steering the global economy out of a recession through corporate bailouts had one thing on their minds. Confidence is the first casualty of a crisis. Once lost, it’s not easy to regain. Nowhere …
‘Woke’ is now increasingly used as a byword for ‘social awareness’. This social media driven awareness has resulted in previously published literary and artistic works being either ‘censored’ on a piece-meal basis; or the entire works of that author, director or …
The financial operations of small not-for-profits (NFPs) and charities are usually lean so that the entity can apply the maximum resources to its stated objectives. Implementing strong financial systems and controls with small staff numbers can be a challenge but …
Australia’s fintech sector has come of age, with local fintechs continuing to challenge incumbents and disrupt the traditional finance industry, according to the recently released inaugural KPMG Australian Fintech Survey Report. However, the sector could face headwinds due to talent …
“Skills Australia’s decision to remove accountants from the shortage list based on advertised vacancies has some overall merit, but the reasons for this are quite complex, and there are many nuances to explaining the fall in vacancies”, says Prof Janek Ratnatunga, the …
BDO’s latest Global Risk Landscape report reveals that more than two years on from the first round of COVID-19 lockdowns, businesses continue to experience supply chain challenges. Further to this, there are new challenges on the horizon that will impact supply chains …
On September 21, 2022, Australia’s second largest Telecommunication company Optus announced possibly the largest data breach in Australian history – compromising the personal details and even identity documents such as medicare cards, passports and driving licences of up to 9.8 million Australians. …
When I am asked as to what my profession is, and I respond “management accountant”, I am often asked if I can audit and sign off financial statements; or do tax returns, or worse still do I keep the books …
About Institute The Institute of Internal Auditors (IIA), established in 1941, is the internal audit profession's globally recognized advocate, educator, standard setter, and certifying body. The Certified Internal Auditor® (CIA®) designation, offered by The IIA since 1974, is the only …
The Australian Banking Royal Commission’s recent final report into the banking and financial services industry makes 24 referrals to the regulators to take action over misconduct. It also made 76 recommendations for how the problems can be fixed and contained scathing criticism of executives. …