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This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

This Is A Custom Widget

This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.

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Audit

/Tag:Audit

KPMG International and Microsoft joins hands for smart audit platform Microsoft Azure.

By | 2017-09-11T03:29:16+00:00 September 11th, 2017|Categories: Assurance|Tags: |

Partnered since 2015, KPMG International and Microsoft have recently announced strategic initiative of digital solutions that will enable KPMG’s smart audit platform, “KPMG Clara” – built on KPMG business experience and the Microsoft intelligent cloud technology “Microsoft Azure”. KPMG would be the first of the Big Four to enable its member firms to conduct external audits [...]

South African Regulatory body has unveiled plans to implement mandatory rotation of audits

By | 2016-10-12T23:45:39+00:00 September 12th, 2016|Categories: Assurance|Tags: |

The Independent Regulatory Board for Auditors (IRBA) said it aims to enhance audit quality and strengthen audit firm’s independence from their clients. Now companies and their audit firms would be required to make plans to adopt the changes. IRBA said it would begin a process to implement mandatory audit firm rotation, which would promote transformation in [...]

Audit & Review requirements for Charities

By | 2016-10-12T23:45:46+00:00 February 17th, 2016|Categories: Assurance|Tags: , |

Audit & Review requirements for Charities: If you are running a charity or an organisation meant not for profit, you may be required to have the financial reports audited or reviewed as per ACNC regulations. From 2014 onwards, all large charities must have their Accounts audited while Medium charities have the option of Audit or review. [...]

How audit committees can help deter fraud

By | 2016-07-27T01:37:07+00:00 February 3rd, 2016|Categories: Assurance|Tags: |

As the eyes and ears of the board, the audit committee plays a pivotal role in helping to stop or reverse the rise in reported fraud incidents worldwide. Thirty-seven per cent of more than 5,000 respondents in PwC’s most recent global economic crime survey in 2014 reported being hit by one of five most frequent frauds: [...]

Financial Execs Concerned about Internal Controls

By | 2016-07-27T01:37:09+00:00 January 27th, 2016|Categories: Assurance|Tags: |

Nearly a third of financial reporting executives in a new poll said internal control over financial reporting was their highest concern beyond their financial reporting responsibilities. KPMG surveyed nearly 400 financial executives during the firm’s 25th Annual Accounting & Financial Reporting Symposium and 31 percent cited internal controls as their biggest concern. Approximately 26 percent of [...]

Audits in Accordance with Special-Purpose Frameworks – Part 1

By | 2016-10-12T23:45:52+00:00 January 15th, 2016|Categories: Assurance|Tags: |

Under AU-C Section 800, Special Considerations—Audits of Financial Statements Prepared in Accordance with Special-Purpose Frameworks, auditors are responsible for evaluating the appropriateness of an entity’s applicable financial reporting framework. The evaluation should take into account financial statement users’ needs and whether the framework appropriately presents the entity’s financial position and results of operations. Pre-Engagement Planning: Special-Purpose [...]

Deloitte ‘in firing line’ after Dick Smith failure

By | 2016-10-12T23:45:55+00:00 January 10th, 2016|Categories: Public Practice|Tags: , |

Dick Smith's long-time auditor Deloitte will come under scrutiny following the retailer's placement into voluntary administration as questions are asked about why the gatekeeper didn't raise red flags about refinancing problems and inventory issues in the company's full-year accounts in August. "These things are never pleasant, I certainly wouldn't want to be in [Deloitte's] shoes right [...]

Higher audit threshold raises threat of fraud

By | 2016-07-27T01:54:02+00:00 December 14th, 2015|Categories: Assurance|Tags: |

ICAEW chief executive Michael Izza is urging government to rethink increasing the audit threshold because it could expose smaller companies to the risk of fraud and money-laundering He has warned the Department for Business, Innovation and Skills (BIS) that the knock-on effect could adversely impact the public’s confidence in business – which is already at an [...]

Vatican appoints PwC for first international standards audit

By | 2016-07-28T01:03:20+00:00 December 7th, 2015|Categories: Assurance|Tags: |

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. The Vatican has appointed PwC to undertake its first audit based on international accounting standards, as Pope Francis presses on with his bid to [...]

PwC innovation hub gives auditors super data mining powers

By | 2016-10-12T23:46:10+00:00 September 16th, 2015|Categories: Assurance|Tags: |

PricewaterhouseCoopers' multimillion dollar audit innovation hub will restore the power of auditors in the boardrooms of corporate Australia. At least that is the hope, and early indicators suggest it has a shot at the title. Despite being a billion dollar industry, audit hasn't captured the imagination of senior executives since the 1990s. "At that time, auditors [...]