Audit & Assurance

Audit & Data Analytics Sub-Group (ADA)


Meet the Co-chairs - TIAG

Reitman, Robert
Cornick, Garber & Sandler, LLP

Lane, Ross
Mercer & Hole

Contact: ESV Chartered Accountants (New South Wales, Australia)

Recently ASIC released the results of its review of responsible entities for registered managed investment schemes in the unlisted property sector. ASIC will be conducting ongoing reviews across the managed investment scheme sector, and will take action where they identify significant or systemic non-compliance in order to improve industry standards and generate broader investor confidence in the sector.

Click here to download the entire article. 

Contact: KMJ Corbin & Company (Costa Mesa, California, USA)

The Center for Audit Quality has developed several resources to help educate investors and management about public company auditing.  If you or someone you know is considering taking their Company

Read more: In-Depth Guide to Public Company Auditing

Contact: KMJ Corbin & Company (Costa Mesa, California, USA)

The PCAOB has issued for public comment a proposed auditing standard, Related Parties. The PCAOB believes the proposed standard would improve the auditor's evaluation of a public company's identification

Read more: PCAOB Proposes Standard on Related Parties

Contact: ESV Chartered Accountants (New South Wales, Australia)

ASIC today released the results of its reviews of financial reports for the year ended 30 June 2011 and announced its areas of focus for 31 December 2011 financial reports.

Read more: 11-312MR ASIC - Improved Financial Information for Investors and Others

Contacts: Mike Whittall or Joyce Nicolson
Anderson Anderson & Brown LLP (Scotland)

On 29 October 2010, the accounting standards board issued its proposal to introduce an international based financial reporting framework for UK companies which are not publicly accountable. It is likely that your business will be impacted by this proposed change unless it has already adopted full International Financial Reporting Standards (“IFRS”) or is small enough to be able to adopt the existing Financial Reporting Standard for Smaller Entities (FRSSE). Click here to read the entire article.