Auditor Proud: Keeping up with changing expectations in audit

Auditor Proud: Keeping up with changing expectations in audit

Author: CPA Australia September 19, 2023 Duration: 16:58

Did you know that the audit function dates back to ancient Rome? Or that it was Henry I who coined the word "audit"? Explore these and other interesting facts about the audit profession in the lead-up to Auditor Proud Day.

This wide-ranging conversation covers the audit expectation gap, how auditors respond to climate change and what would happen to the economy if there weren't enough auditors. 

Tune in now.  

Host: Dr. Jane Rennie, Head of Media and External Engagement, CPA Australia

Guest: Ram Subramanian, Senior Manager Audit & Assurance, CPA Australia

Additional show notes:

PDF: Guide on climate risks and its impacts on the audit of financial statements

Pre-recorded webinar: Climate risk – what external auditors need to consider [Password:CPAAustralia2023]

Video: Understanding International Standard on Sustainability Assurance 5000 (IAASB ED 5000)

CPA Australia publishes three podcasts, providing commentary and thought leadership across business, finance and accounting: 

Search for them in your podcast app. 

You can email the podcast team at podcasts@cpaaustralia.com.au

 


Tune in to With Interest for a clear-eyed look at the forces shaping the world of business and finance. Presented by CPA Australia, this weekly discussion moves beyond the headlines to explore the practical implications of change for accounting professionals, business leaders, and anyone with a stake in the economic landscape. You’ll hear from practitioners and experts who break down complex topics in auditing, taxation, and corporate strategy into actionable insights. The conversations in this podcast are grounded in real-world application, whether the subject is a shift in regulatory frameworks, emerging leadership challenges, or broader economic trends. It’s a resource designed to inform your decisions and deepen your understanding of the professional landscape. For those looking to stay current and think critically about their work, With Interest provides a reliable and engaging audio companion. Each episode serves as a timely update and a catalyst for deeper professional reflection, all delivered with the authority and depth you would expect from CPA Australia.
Author: Language: English Episodes: 90

With Interest
Podcast Episodes
What you need to know about ISSB's new reporting standards [not-audio_url] [/not-audio_url]

Duration: 15:13
The ISSB's new reporting standards IFRS S1 and S2 are set to have a wide-ranging impact. If you're a business, finance or accounting professional, these expert insights on the two new reporting changes will come in handy…
The new world of corporate disclosure [not-audio_url] [/not-audio_url]

Duration: 25:57
Financial performance isn't the only corporate benchmark these days. Investor and public information needs are evolving towards a broader set of performance measures, such as climate change, modern slavery and human righ…
The philanthropy challenge: can giving be doubled by 2030? [not-audio_url] [/not-audio_url]

Duration: 20:11
Australia's Productivity Commission aims to double philanthropic giving by 2030. Is this a realistic ambition? Tune in now for CPA Australia expert analysis of the Commission's review into philanthropy and find out what…
Federal Budget 2023: expert analysis [not-audio_url] [/not-audio_url]

Duration: 29:58
The Treasurer's Federal Budget 2023 has been delivered with CPA Australia's tax and business experts dissecting the announcement. Stay informed with this in-depth budget breakdown. Listen now. Host: Dr Jane Rennie, Gener…
Dissecting the insolvency crisis in our construction sector [not-audio_url] [/not-audio_url]

Duration: 16:43
There's a crisis in Australia. Construction companies are going into liquidation at a record rate, leaving home buyers, tradespeople, employees and the industry in shock. CPA Australia's insolvency expert shares advice a…
Why legislate an objective for Australia's superannuation system? [not-audio_url] [/not-audio_url]

Duration: 15:57
Australia's superannuation system is a global leader. Worth around AUD $3.4 trillion, the nation should be proud of the world's fifth-largest super system, one that covers around 16 million Australians as they work towar…
Inside story of the 2023 RBA review [not-audio_url] [/not-audio_url]

Duration: 34:25
Did you know the Reserve Bank of Australia (RBA) was last reviewed in 1981? That was the Campbell inquiry reporting to the then Fraser Government. Much has changed since then. Little wonder there's great interest in this…
Surprise findings from our new APAC small business survey [not-audio_url] [/not-audio_url]

Duration: 18:07
A new Asia-Pacific Small Business survey by CPA Australia was released this week. And the survey has some surprise findings, despite the economic turbulence and COVID-19-related issues. However, we've flagged issues with…
What the Quality of Advice Review means for you [not-audio_url] [/not-audio_url]

Duration: 13:50
Retirement and financial wellbeing depends on ensuring all Australians can access appropriate, high-quality financial advice. Right? However, aspects of this sector haven't worked as well as they could. Instead, consumer…