Even if tougher rules are brought in, Australia’s corporate watchdog will need far more resources to properly audit the auditors.
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Auditors are paid to hold governments and businesses accountable – and protect our money. So what’s going on with these latest allegations of secret wrongdoing?
Researchers found auditors who had dealt with one cyber-breached client became more likely to spot serious weaknesses in systems and controls elsewhere.
When clients snap at, dismiss or belittle auditors, it doesn’t just sting — it can wear away at audit quality. Understanding and addressing this can improve financial reporting.
Is private sector auditing of large financial institutions fit for purpose?
In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
Australian authorities have allowed predatory online travel agents to shrink their tax base while penalising Australian accommodation operators thanks to onerous commissions and vanishing competition
A plan to disclose the names of corporate auditors has its flaws, but it comes with a rule that will help investors determine how well a company is being audited.
Tesco switched its auditors from PwC to Deloitte – will it do anything to prevent future accounting scandals?
The UK accountancy watchdog has barked. The Financial Reporting Council (FRC) has fined Deloitte & Touche £14 million for failures relating to the demise of MG Rover. The report says Deloitte was engaged…
“Events over the past couple of years have raised profound questions about the ways in which banks and businesses contribute to society. For both to play their full part, they must restore trust and become…
Top contributors
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Emeritus Professor of Accounting, University of Essex, University of Essex
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Industry Fellow, Corporate Governance & Senior Lecturer, Swinburne Law School, Swinburne University of Technology
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Adjunct Associate Professor, School of Social and Political Sciences, University of Sydney
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Lecturer in the McCombs School of Business, The University of Texas at Austin
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Assistant researcher, University of Sydney
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Professor, Accounting and Finance, City St George's, University of London
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Senior Lecturer in Accounting, Macquarie University
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Assistant Professor, Smith School of Business, Queen's University, Ontario
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Assistant Professor in Accounting, McMaster University
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Research Fellow, Melbourne School of Government, The University of Melbourne