Inspections will assess whether accounting firms have adequate information security and systems for screening audit work papers for "secrets".
May 18, 2022SEBI proposes that new age technology companies be required to disclose all presentations made to pre-IPO investors during the three years prior to the IPO.
February 24, 2022The guidelines are intended to help audit committees adopt best practices in selecting auditors that will enhance the quality of corporate reporting.
December 21, 2021ASIC proposes to start communicating with company directors more routinely regarding findings from its audit inspections.
December 15, 2021Under the new 'Branch Framework', Singapore FIs have to assess whether their overseas representatives are acting on behalf of the Singapore office or the foreign office.
October 11, 2021The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB's 2010-2012 financial statements.
September 18, 2021The Malaysian government and 1MDB filed a $5.64bn lawsuit against 44 current and former KPMG partners over the firm's audits of 1MDB’s financial statements.
July 14, 2021Levies will be payable to the Financial Reporting Council by sellers and purchasers of securities, public interest entities, and PIE auditors from 1 January 2022.
July 2, 2021The new fundraising criteria for SMEs and startups proposed by the stock exchange are expected to become effective this year.
May 28, 2021Australian Military Bank is required to conduct a risk assessment, and then work to improve its KYC, transaction monitoring, EDD, and reporting systems.
May 6, 2021