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Australian banks, and companies generally, are being reminded by ASIC about critical legal requirements they must keep in mind while they wrestle with the consequences of the coronavirus pandemic - bu.. read more

Will modified audit reports be up to scratch in the upcoming bank reporting season, given they will lack routine face to face discussions or on-site inspections? read more

Analysts, journalists and other interested parties will be looking at companies through a different lens in a turbulent financial market, as accounting rules for expected credit losses start to bite. read more

Six months relief from liability is not enough, make it a whole year. read more

The coronavirus is also a regulatory crisis, with the US Securities and Exchange Commission in the lead on relief to companies as appropriate. read more

Corporations should be focused on the recommendations of the inquiry into the regulation of auditing in Australia because there are several that will increase business costs. read more

Financial institutions and other companies may find themselves paying through the nose for proposed new internal control audits if research from the United States on the introduction of similar intern.. read more

Badmouthing and tar-brushing all auditors will create a problem in the marketplace that we will all pay for dearly. read more

Should the standard at the heart of the current controversy related to the NAB-EY risk management framework review be changed by APRA? read more

Ethics need to be woven into the fabric of university education in finance and accounting, revving up the Kidder model: Choose between 'right and right'. read more