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 …
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. …
It’s for profit and market share, stupid. The cost-benefit analyses that management accountants perform, that compares quality-cost relationships, profits and market share vis-à-vis the risks associated with failure, can be traced to why corporations prematurely launch products that they know …