Economics

April 27, 2021

5 key areas to test when building an effective external audit plan

Auditors today are working in an exceptionally complex and ever-evolving industry. In an environment where there is pressure to add more value with fewer people and less time, auditors are challenged to discover more risks, audit more areas, more frequently, and uncover fraud for their clients.
February 4, 2021

Changemaker: A kinder magic

As Chief of Staff for the Children’s Investment Fund Foundation, Claire Harbron CA acts as an operational linchpin in the world’s fifth-largest philanthropic organisation – an undertaking that is demanding, emotionally charged and endlessly rewarding. The alleviation of acute malnutrition in Nigeria; establishing decarbonisation programmes in India; the treatment of billions at risk of infection from parasitic worms: it’s not hyperbolic to suggest that the Children’s Investment Fund Foundation (CIFF) addresses many of the weightiest and most fundamental issues confronting humanity.
December 11, 2020

6 steps to staying agile in 2021

The challenges of the new year will look mightily familiar. ICAS President Catherine Burnet CA outlines how rethinking the lessons of the pandemic will help CAs boost the fledgling recovery. The ending of one year and the beginning of another always brings fresh hope that things are about to change for the better. And while many will be eager to say goodbye to 2020 – a year that will be remembered for unprecedented disruption and uncertainty – the hard work is not over yet.
October 12, 2020

Diversity and Inclusion for Business and Accountancy Profession

Diversity and inclusion at the workplace have always been important issues with critical implications for businesses, but there is a very real risk that diversity and inclusion practices may now be relegated to the back seat as a strategic priority as businesses confront unprecedented disruptions as a result of Covid-19.
October 12, 2020

Using Data Analytics in a Financial Statements Audit

Technology leverage has been all the rage in recent times as businesses, and even entire industries, seek to fend off disruptors and/or chase growth. For the audit industry, data analytics has been touted as a potential game-changer as the profession seeks to innovate its way to more effective audits in the face of mounting expectations, business complexity and volume of transactions.