Articles on Auditors

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Startups and high-growth businesses are typically important drivers of technological innovation and hope for the future, but they are also more susceptible to fraud and cases of misconduct. ImageFlow/Shutterstock

What Europe’s EU Inc. framework for boosting competitiveness can and should learn from startup fraud in the US

Researchers look at how the EU’s proposed framework to harmonise and boost business registration across member states can avoid the pitfalls of startup fraud.
KPMG Australia’s former chief executive Andrew Yates will be questioned this week over allegations senior KPMG staff secretly accessed confidential client information to help win audit work from other companies. AAP

KPMG lost its clients’ trust, yet kept winning government contracts. Here’s what needs to change

Auditors are paid to hold governments and businesses accountable – and protect our money. So what’s going on with these latest allegations of secret wrongdoing?
The accounting profession and others in the financial services industry are at risk of extinction due to technological advances. (Adeolu Eletu/Unsplash)

Financial professions must pivot to stave off technological extinction

In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
Wotif is one of a slew of formerly competitive rivals bought up by Expedia. Dan Peled/AAP

Tax take shrinks as online accommodation agents rake it in

Australian authorities have allowed predatory online travel agents to shrink their tax base while penalising Australian accommodation operators thanks to onerous commissions and vanishing competition
Banks behaving badly: ensuring banks’ sustainability reports are accurate and credible will go some way in restoring public confidence. AAP

To be good corporate citizens, banks must improve their sustainability reporting

“Events over the past couple of years have raised profound questions about the ways in which banks and businesses contribute to society. For both to play their full part, they must restore trust and become…

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