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Proposed Changes and Implications – International Standards For Internal Audit
The International Professional Practices Framework (IPPF) is a set of professional standards and guidelines that provide a framework for internal auditors to follow in carrying
Why auditors should pay attention to AI
The rise of artificial intelligence (AI) has become a topic of discussion in various fields, including professional practice. Among the professions which are expected to
ASIC Publishes Insights from the Reportable Situations Regime: What Financial Service Businesses Need to Know
ASIC has published the first round of data received from financial services and credit licensees under the reportable situations regime. ASIC Commissioner Sean Hughes noted
SMSF Property Valuations – Auditor Responsibilities in the Spotlight
Property valuations are basically appraisals of property widely used to form an audit opinion about the investment. Regulation 8.02B of SISR requires valuation of all
Upcoming Changes in Quality Management & Risk Assessment Standards – Is Your Audit Practice Ready?
What’s Changing and When? In March 2021, the Australian Audit Standards Board (AUASB) released three (3) revised Quality Management Standards: These standards have been revised
SMSF Investment Strategies – Auditors beware!
In the realm of superannuation, case law has a significant influence on how advisers, investors and auditors operate. In 2018, the outcomes of two court
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