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Displaying 1-10 of 1349 results
How can auditors define material fraud?
- Article
- 27 Jan 2023
Assessing materiality with regards to fraud is a more nuanced process than it is sometimes represented. So how do auditors interpret it for a given audit and how should it be treated within standards and regulation?
How businesses approach fraud risk: the audit committee view
- Article
- 27 Jan 2023
What are the key factors behind the emergence of fraud risks and how should organisations ensure their controls are fit for purpose? Two experienced audit committee chairs provide their thoughts.
Building a culture that cultivates professional judgement
- Article
- 27 Jan 2023
Professional judgement is a difficult part of the audit process to define and to apply in practice, including clarifying the differences between it and professional scepticism.
How auditors can effectively challenge management
- Article
- 27 Jan 2023
Challenging management has been a focus for auditors in recent years. Personal curiosity, an understanding of human nature and a supportive firm culture is critical for making it work.
Chart of the week: Australia federal balance sheet
- Article
- 26 Jan 2023
Our chart heads down under this week to take a look at how the reported financial position of Australia’s federal government has changed over the last decade.
How rocky is the road ahead for businesses?
- Article
- 26 Jan 2023
Bulging borrowing costs, balance sheet fluctuations and ongoing uncertainty call for caution, common sense and acute risk awareness in the year ahead, says insolvency and restructuring doyen Nick Hood.
How to develop better governance around fraud prevention
- Article
- 26 Jan 2023
Fraud should concern everyone in a business, but the ultimate responsibility for fraud prevention lies with management. It’s why good governance matters.
UK business confidence crashes to 13-year low
- Article
- 26 Jan 2023
ICAEW’s latest Business Confidence Monitor finds a weakened economy and depleting customer demand have caused confidence to plunge to 2009 global financial crisis levels.
How can charities combat fundraising fraud?
- Article
- 25 Jan 2023
A pernicious and disheartening crime, fundraising fraud poses a threat to the entire charity sector. Here, experts provide their thoughts on how to manage the relevant risks.
Local audit crisis requires urgent attention, warns NAO
- Article
- 25 Jan 2023
NAO warns that English local authority audit delays have “potential implications for governance and accountability” as it publishes a “progress update” on the timeliness of English local auditor reporting.
Displaying 1-10 of 1349 results