by Shared by Australian Financial Review | Mar 8, 2019 | News
The advice to start with customer needs and work backwards comes following the banking royal commission, which highlighted multiple examples where a financial institution’s profit focus led to customers receiving treatment that was poor or potentially illegal.Read...
by Shared by Australian Financial Review | Mar 7, 2019 | News
But the Australian Securities and Investments Commission has yet to decide on the thresholds it will use when determining if a firm has fallen short on audit quality. Read more at the Financial Review.
by Shared by Australian Financial Review | Feb 27, 2019 | News
A Senate estimates hearing last Wednesday also heard that parliament could be given rare insight into the income of Australia’s big four consulting firms PwC, KPMG, EY and Deloitte, with the ATO to consider revealing the tax information of the partnerships.Read more...
by Shared by Australian Financial Review | Feb 22, 2019 | News
Daniel Crennan QC, the head of ASIC’s new enforcement unit, applauded the “astronomical” fines, “crippling” and long custodial sentences now attached to white-collar crime.Read more at the Financial Review.
by Shared by Australian Financial Review | Feb 21, 2019 | News
The change in approach to auditing could result in technology consulting firms such as IBM and Accenture winning more “pre-audit opinion” work from companies, says Fiona Czerniawska, a director at British-based research firm Source Global Research.Read...