Financial Reporting Conversations

<p>When an audit goes wrong, the problem is not always that the auditor missed the issue. Sometimes, the issue was known but not communicated early, clearly, or to the right people.</p><p>In this episode of Financial...

<p>When companies collapse shortly after receiving a clean audit opinion, the same question always follows: where were the auditors? But audit failure rarely begins at the moment the opinion is signed.</p><p>In this...

<p>When companies collapse shortly after receiving a clean audit opinion, attention often turns to technical failures. But what if the deeper issue is commercial pressure inside the audit process itself?</p><p>In this...

<p>When audit failures occur, the focus almost always turns to the audit file — missed procedures, weak evidence, or poor judgment. But what if audit failures are actually driven by something more fundamental?</p><p>In...

<p>When a company collapses shortly after a clean audit opinion, the same question always comes up: where were the auditors? But audit failure rarely starts in the audit file.</p><p>In this episode of Financial...

<p>Identifying the acquirer under IFRS 3 sounds simple until reverse acquisition scenarios prove otherwise. One of the most common errors in IFRS 3 is getting the acquirer wrong, and when that happens, the entire set of...

<p>When a company collapses after a clean audit opinion, the immediate question is always the same: where were the auditors? But audit failure rarely starts in the audit file.</p><p>In this episode, we unpack why audit...

<p>The most dangerous phase in mining isn’t exploration, it’s development. This is where projects become capital intensive, assumptions get tested, and <b>going concern</b> risks start to emerge.</p><p>In this episode...

<p>Auditing fraud risk in China is not just a technical challenge it can mean auditing businesses that don’t exist.</p><p>In this episode, Wayne Basford and Judith Leung explore how audit fraud risk in China and...

<p>Financial reporting standards have existed for decades. Yet <b>revenue recognition errors continue to appear in financial statements, audit files, and regulatory findings under IFRS 15</b>.</p><p>So why does...

<p>Financial reporting standards have existed for decades. Yet the same mistakes continue to appear in financial statements, audit files, and regulatory findings.</p><p>So why does financial reporting still go...

<p>Get the IFRS 3 gateway wrong, and every number that follows is wrong.</p><p>Before goodwill is measured, before fair values are calculated, before disclosures are drafted, there is one critical judgment that...

<p>Why are so many firms treating ASQM 1 as a compliance exercise until ASIC starts asking difficult questions?</p><p>In this episode, Wayne Basford and Judith Leung unpack what they are seeing in practice from...

<p>Why do so many financial reporting risks only become obvious after ASIC starts asking questions? In this episode, Wayne Basford and Judith Leung share their <b>2026 financial reporting predictions</b> and reflect on...

<p>Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned...