ARNOLD SCHILDER: THE IAASB chairman says there has been some concern auditors will tread on the toes of management

‘Revolutionised’ auditing gives more clarity to investors

Fri 27 Nov

A shake-up of the audit sector will mean investors will get key information about a company far sooner, to increase transparency and stem problems before they get out of hand.

Mark Hucklesby

Businesses face new financial reporting rules

Wed 16 Jan 8

More than 450,000 companies may have to change their accounting processes as the Financial Reporting Bill moves into its next phase in Parliament.

Big Four audit partner censured for ethics breaches

Tue 7 Dec 10

KPMG partner Bill Wilkinson is the latest accountant to fall foul of the industry’s self-disciplinary process following the wave of finance company failures.

Mr Wilkinson, who has been an audit and advisory partner for over 20 years, was censured and ordered to pay costs of $9,577 (plus GST) after pleading guilty to two charges brought by the Disciplinary Tribunal of the Institute of Chartered Accountants.

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