By Andrea Murad Whether malicious or human error and no matter how many protections a company has, internal data breaches are just as significant and even more prevalent than attacks from hackers. How do companies tackle the human element of cybersecurity threats? Since every company is susceptible to some type of attack and the consequences… Read More Cyberthreats: it’s coming from inside!
By Chris Sheedy Open banking is about to become big news in 2019, but what does it mean for customers and improving service delivery? You’re on the hunt for a new credit card and goodness, it’s the most dreary task you’ve ever attempted (apart from that awful day, two years ago, that you wasted trying… Read More Banking is open for innovation
Drones are just one of a number of technologies that could improve audit quality across different industries. Nicky Burridge looks at how likely the technology will be an important part of the future auditor’s job. Conducting an audit stock count for a coal-fired power station is no easy matter. It involves physically traversing the coal… Read More Ready for take off
By Karlien Dempsey and Ben Marx Information technology is an integral component of most organisations’ business operations, with individuals and societies placing ever-increased reliance thereon. IT brings with it significant benefits but also significant risks which impact directly on how entities conduct business . The rapid evolution of the IT landscape, coupled with the Fourth… Read More IT as a key audit matter
By Clarence Goh, Ph.D. Management accountants tasked with figuring out the way to make the most of limited resources can employ a form of mathematical optimisation to determine the best approach. A management accountant’s knowledge of relevant revenues and costs is important for many decisions, among them capital budgeting, outsourcing, special orders, product mix, and the… Read More Solve problems with linear programming and Excel
The World Congress of Accountants, the largest worldwide get-together of accounting professionals held every four years, tackled some of the biggest challenges facing the sector as well as charted a more digital future. George W. Russell joined the four-day meeting of thought leaders, industry veterans and future high performers in Sydney. By George W. Russell… Read More At the crossroads of technology and integrity