The FSS produced the guidance by analysing three years of cases where fraud and embezzlement were detected by external auditors.
January 9, 2023The revision bill will benefit almost 1,000 listed companies, exempting them from a requirement to subject their internal accounting management systems to external audits.
January 4, 2023The FMA said Pencarrow Private Equity failed to retain and make readily accessible identity and verification records for customers.
December 19, 2022The current accounting system in Korea does not provide options for companies dealing in crypto.
November 17, 2022Issuers, audit committees, and external auditors must ensure investors receive accurate, transparent and timely information especially in times of heightened uncertainty.
November 16, 2022The SEC has strengthened the obligations of capital markets and digital assets firms to supervise and manage the risks to their IT systems.
November 9, 2022ASIC conducted a thematic review on root cause analysis practices at the six largest audit firms, ahead of ASQM 1 coming into effect on 15 December 2022.
October 25, 2022The changes will ease the burden on SMEs, enhance executive responsibility over accounting controls, and triple whistleblower rewards.
October 12, 2022Unlisted business trusts will have to obtain and maintain information on the beneficial owners of units, and provide this information to authorities upon request.
October 6, 2022By 2025, all Main Market listed issuers will be reporting TCFD-aligned disclosures and internalising climate change considerations in their business strategies.
September 27, 2022