Download copy of Perspectives on Cyber Risk 2017

Join the CHQA Members' Centre

In the CHQA Members' Centre, members can access CHQAnalysis (our in-depth analysis of current issues), News (weekly summaries of governance news), Board Shorts (succinct answers to directors' governance questions), a search facility extending over various governance categories, and information about our seminars and other events.

Apply for CHQA Membership here.

The CHQA Members' Centre is password protected and accessible only to members. There is no joining fee for eligible applicants.

Perspectives on Cyber Risk
play video
Accounting and audit
December 12, 2016 3:25 PM |
ASIC has advised companies to adopt realistic valuations, choose appropriate accounting policies and provide more effective communication in their 31 December 2016 reports. [read more]
September 26, 2016 5:29 PM |
EY’s latest review of FTSE 350 annual reports has found, among other things, that there is variation in the quality and specificity of disclosures, including in relation to risk reporting. [read more]
September 12, 2016 10:19 AM |
The UK Institute of Directors has released its second ranking of the FTSE 100 based on corporate governance performance, and called on directors to learn from the research. [read more]
July 11, 2016 1:37 PM |
The UK FRC's Director of Audit Policy has discussed lessons learned from the UK's experiences implementing extended auditor reporting (including: planning is of 'critical importance'). [read more]
July 11, 2016 1:31 PM |
ACSI's latest findings on the progress in disclosure of sustainability risks among S&P/ASX200 companies are generally positive, but 'there remains much to improve'. [read more]
July 4, 2016 2:18 PM |
Following its review of 31 December 2015 financial reports, ASIC has called on directors and auditors to continue to focus on values of assets and accounting policy choices. [read more]
May 16, 2016 11:43 AM |
ASIC is consulting on updated guidance to improve disclosure of historical financial information in prospectuses. [read more]
April 4, 2016 4:01 PM |
Shareholder activists, short-termism and culture (among other things) have been blamed for the recent events at Valeant Pharmaceuticals. [read more]
April 4, 2016 3:57 PM |
APRA is consulting on clarifications to the governance and risk management components of the 'Level 3 framework' (and will defer implementation of conglomerate capital requirements). [read more]
February 17, 2016 1:07 PM |
Bank of England director Sasha Mills has described the makings of a good Internal Audit function, which includes thinking about culture. [read more]
February 3, 2016 1:31 PM |
The UK’s Financial Reporting Council’s survey has found that investors have welcomed extended auditor reporting and the additional information it provides about the companies being audited. [read more]
September 9, 2015 4:49 PM |
A new study has found that the UK's new enhanced auditor reporting regime is associated with a significant improvement in audit quality without detecting significant incremental costs. [read more]
August 26, 2015 3:38 PM |
Downer EDI and Cochlear have reportedly become the first companies listed solely on the ASX to publish 'enhanced' audit reports, but so far it appears investors are unfazed by the new format. [read more]
June 10, 2015 12:43 PM |
ASIC has announced its focus areas for 30 June 2015 financial reports, which include asset values, accounting policy choices, material disclosures and the role of directors. [read more]
June 10, 2015 12:37 PM |
ASIC has released an information sheet which aims to assist directors and audit committees in considering whether to impair non-financial assets. [read more]
May 6, 2015 2:12 PM |
The AUASB has invited comments on its Exposure Draft 01/15enhancements to auditor reporting, which includes a new requirement for auditors to communicate 'Key Audit Matters'. [read more]
April 29, 2015 5:04 PM |
The big four audit firms will start testing ‘long form’ audits on some clients before their introduction in December 2016 – experts say the change is significant and controversial. [read more]
March 4, 2015 2:09 PM |
Shareholder activism campaigns in the US. [read more]
March 4, 2015 12:40 PM |
International Financial Reporting Standards (IFRS) blamed for its role in financial crisis as investors call for greater emphasis on concept of prudence. [read more]
February 11, 2015 11:40 AM |
The Australian Accounting Standards Board releases amendments aiming to reduce immaterial disclosure in financial statements. [read more]
February 11, 2015 11:31 AM |
The expanded workload of Audit Committees. [read more]
January 19, 2015 10:00 AM |
The modern auditing function needs to respond to continuing accounting fraud scandals, contends The Economist. [read more]
January 19, 2015 9:48 AM |
ASIC advises preparers of financial reports to focus on asset impairment and accounting treatments. [read more]
October 29, 2014 2:09 PM |
The federal government has introduced the Corporations Legislation Amendment (Deregulatory and Other Measures) Bill which will modify both the Corporations Act and the ASIC Act and remove the contentious '100 members' rule. [read more]
October 29, 2014 2:08 PM |
Calls have been made for a new approach to financial reporting and valuation in order to capture increasingly important intangibles. [read more]
August 6, 2014 9:42 AM |
Penn West Petroleum Ltd has announced a voluntary internal review by its audit committee in relation to accounting irregularities, but governance experts argue audit committee members should not be involved in the review. [read more]
July 2, 2014 11:53 AM |
ASIC says the results of its latest risk-based inspections of audit firms suggest a number of areas need improvement, including sufficiency of audit evidence, professional scepticism and appropriate reliance on the work of experts. [read more]
May 5, 2014 9:19 AM |
New Zealand's Financial Markets Authority has reviewed the disclosure of audit and non-audit fees by listed companies. [read more]
March 24, 2014 12:13 PM |
ASIC has released guidance for directors and audit committees to develop 'robust' practices that enhance audit quality: the Institute of Chartered Accountants Australia has welcomed the new information. [read more]
March 10, 2014 2:33 PM |
The AASB has released a staff paper on disclosures and materiality to prompt preparers of financial statements to reconsider their disclosure criteria. [read more]
January 30, 2014 12:45 PM |
A US Securities and Exchange Commission administrative law judge suspends the 'Big Four' accounting firms' Chinese operations from auditing US-listed Chinese firms. [read more]
October 23, 2013 10:56 AM |
Well-known Australian companies and industry bodies support expansion of the audit committee's role. [read more]