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Current Affairs noticeboard
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
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