Updated
regularly during the semester, the Current affairs noticeboard presents
topical and current issues in accounting.
March 2005
Introduction
Reforms to corporate governance
Reforms to the auditing profession
Reforms to audit independence
Enforcement a problem
Conclusion
TOP
February 2005
The need for confidence in financial reporting in India
TOP
December 2004 Australian Companies listed on the United States Exchanges
Issues relevant to corporate collapse and accounting scandals
Regulation of auditors
US Public Company Audit Oversight Board Inspections
Conclusion
TOP
November 2004
Culture
and cultural survey — an aid to auditors?
Evidence
of increasing importance of fraud detection
Expansion
of auditor's duties for fraud detection
Family
business nearly ruined
Fraud
in small and medium enterprises
Payment
of fictitious invoices
Reporting
of fraud in the media
Significant
changes in auditing standards on fraud
Conclusion
— implications of the above
TOP
October 2004
AASB
under fire with handling move to IFRS
Accounting
firms struggle to change perceptions
Appointment
of Richard Humphry
Auditors
spared from independence rules
Australian
companies must remain relevant
Australian
companies struggle to understand IFRS
‘Cheap
shot’ at IAASB
Companies
lobby against intangibles
Woolworths
reclassifies equity
Deloitte
expands list of partners
Increase
in compliance projects
Increasing
US influence on IFRS
Need
for speedy advice on IFRS
Research
on intangible assets stalls
The
cost of extra IFRS guidance
US
companies restate financials
TOP
July 2004
Academic
fears IASB may lose credibility
Australia
and New Zealand join forces on standard setting
AXA
has problems reporting
Big
Four may move to block IAS
Committee
meets to approve standards
SMEs
and IFRS — the impacts
TOP
June 2004
Alesco
Corporation Limited talks about IFRS
Audit
board chief role up for grabs
Australia
must comply with IFRS
Central
database to interpret IFRS
Company
directors pressure FRC
Djerriwarrh
faces transitional issues
IFAC
— become a public member
TOP
May 2004
AASB
to issue ED on fair value
ASIC
rule companies to change
Corporate
activist backs ban on partners
Democrats
back adoption of IFRS
Edge
letter didn't seek to undermine
Network
Foods claims IFRS proactivity
TOP
October 2003
CLERP
9: An overview of key policy changes
Responses
from the coal face
Out
with the old AASB, in with the new IASB
Black
letter, gray letter games are over under IFRS
TOP
September 2003
ASIC
investigates financial planners
Firms
should split to restore faith
Mergers
active in second tier firms
New
Federal face of governance
TOP
August 2003
Attack
on intangibles
CLERP
9: impact on audit regulation
Forget
grandfathering intangibles – IASB chief
Group
of 100 and Campbell lobby IASB on adoption
To
breach or not to breach
Tweedie
warns AASB
TOP
July 2003
Australia
lobbies IASB
French
president attacks IASB
Quest
to fall in line with IASB
Standard
setter looks for a new home
UIG
needs accountants
Waiting
to be regulated
TOP
May 2003
AASB
leadership
Five
new accounting standards drafted
Huge
payouts to stop
IASB
will show no leniency
Reporting
superannuation liabilities
Unfit
directors to go
TOP
April 2003
ASIC
scores another scalp
Company
directors must be vigilant
FASB
align more to IASB
HIH
Royal Commission recommends
Justice
Owen backs move to international accounting standards
TOP
March 2003
Appointments
to the Financial Reporting Council
Alfredson
will not seek another term
Parking
ticket-style fines for non-compliance
FRC
seeks new leader
Impairment
of assets
US
regulator proposes amendments to rules CFO and CEO declarations
TOP
February 2003
Appeal
for talent from the public sector
Funding
standard setting in Australia
Financial
Reporting Council considering public meetings
Auditor
surrenders audit ticket
KPMG
Australia's new online resources
Chapter
4 Inventories BBS 4.3 Research Case from textbook
Lowering
insurance standards
Australia's
7 million shareholders to assess corporate governance and accountability
Government
catching up with the accounting profession
National
Institute of Accountants strengthens code of ethics
New
code of ethics from NIA set to banish dubious accounting practices
New
professional body for Australian accounting technicians launches
NIA
believes CLERP 9 tackles the key issues
NIA
proposes new approach to regulating accounting and auditing professions
TOP
January 2003
ASIC
gets tough
ASIC
looks closer
Audit
independence
Good
cop, bad cop: auditors and bankers
Reporting
intangible assets
The
'Big Bang' of international accounting standards
The
'Big Bang' of potential problems
The
move to international accounting standards
TOP
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