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Using audit technology to address fraud
Audit fraud occurs when a business is discovered to have fraudulently manipulated financial statements in order to manipulate its...
Admin
May 7, 20231 min read
[ChatGPT and accountancy: know its limits]
While generative Artificial Intelligence (AI), such as ChatGPT, has the potential to automate certain tasks for accountants, it is...
Admin
Apr 30, 20231 min read
[Why Identifying Red Flags for Material Fraud is a Challenging Task]
“Frauds are designed to avoid detection and are often complex or occur with management collusion,” says Abbey. The complexity of...
Admin
Apr 23, 20231 min read
[Accounting for a better world : priorities for a transforming profession]
The accountancy profession can play a vital role in transforming the world to deliver a more equitable, green and inclusive future. If...
Admin
Apr 16, 20231 min read
[Embracing technology in the audit]
Technology is efficient and effective at helping auditors organize their data and enables more informed and timely decisions. The...
Admin
Apr 8, 20221 min read
[Supercharge your accountancy career in 2022]
Heading into 2022, accountancy professionals have a unique opportunity to excel. It is the moment to take advantage of industry gaps and...
Admin
Apr 1, 20221 min read
[Use of Artificial Intelligence (AI) on Accounting Transactions to Enhance Audit Quality]
Adopting artificial intelligence (AI) gives a starting point for analysing data for any unusual transactions documented in the audit plan...
Admin
Mar 25, 20221 min read
[Is ESG the greatest opportunity or risk you haven’t seen?]
Environmental, social, and governance (ESG) issues could be seen as opportunities to attract more investments and lower their cost of...
Admin
Mar 18, 20221 min read
[Less Complex Entities (LCE) Standard: A Panacea for A Cost-Effective Audit?]
Less Complex Entities (LCE) is a term that shows an understanding of focusing on the complexity of an entity rather than its entities’...
Admin
Mar 11, 20221 min read
[Regulators Give Extension for Listed Issuers to Prepare Financial Statement]
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) announced temporary relief measures that will allow...
Admin
Mar 30, 20211 min read
[Virtual Accounting: How to Succeed Remotely]
The accounting profession has seen a tremendous transition from traditional office work to remote work due to the COVID-19 pandemic. In...
Admin
Mar 23, 20211 min read
[Transfer Pricing Guidance on COVID-19 Impact]
Transfer Pricing (TP) risk for Multinasional Enterprises (MNEs) had increased substantially due to additional reporting requirements and...
Admin
Mar 16, 20211 min read
[Not-for-profit Auditors Face New Challenges Amid Pandemic]
The COVID-19 pandemic has brought significant impact on auditing not-for-profit financial statements due to uncertain situations....
Admin
Mar 9, 20211 min read
[Impact of Introducing Capital Gains Tax in Malaysia]
Capital gains tax (CGT) is the tax that is imposed on profits realised on the sale of an asset such as stocks, bonds, precious metals,...
Admin
Mar 2, 20211 min read
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