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ASIC focus areas for FY 2025-26 financial reports
Boards play a critical role in the success of private businesses by providing strategic direction, advising the Executive team, overseeing business performance, and managing risk and compliance. To fulfill these roles effectively, Board members need to be equipped with insightful information.
ADIs are navigating regulatory reform, digital transformation, and rising fraud risks by strengthening governance, modernising infrastructure, and aligning strategy with compliance to drive resilience and long-term value.
Explore recommendations to improve Aged Care Financial Standards and support provider stability.
While APRA has acknowledged the achievements of member-owned and not-for-profit funds to-date, it also noted Boards must do more to ensure long-term sustainability of their organisations.
In this episode, Partner and Head of Digital Assurance Liam Te-Wierik explores how technology is assisting auditors, the guardrails to be considered when using these tools and his thoughts on future trends for the auditing profession.
The biotech industry faces significant challenges, including regulatory pressures, supply chain disruptions, rising costs and shifting investment landscapes.
APRA has proposed eight updates to governance and fit and proper requirements for banks, insurers, and superannuation trustees. Businesses must proactively adapt their governance practices to align with these enhanced standards.
ASIC focus areas for 31 December 2024 financial reports
It is a challenging time for many; from a cost-of-living crisis and global political uncertainty, to lingering stress post pandemic. Coupled with business control weaknesses or vulnerabilities, these pressures can create the perfect storm for financial crime to occur.
Accounting standards issued but not yet effective for 31 December 2024
What’s new for December 2024