Expert commentary, regulatory updates, and practical audit insights from the Augmented Audit Co team.
Part 3 of Your First Audit. Your bank will confirm your cash, but nobody will write back to confirm your slow-moving stock is worth what you say. This…
Jessica Johl
Existence and ownership are two separate things your accounts claim, and your auditor tests each one. This post covers external confirmations, stocktake attendance, PPSR searches, and what actually…
Jessica Johl
The first part of Your First Audit. The proposed new audit threshold is not law yet, so the current numbers still apply. The two-of-three test, and the traps…
Jessica Johl
If a large customer has asked your business for emissions data, or your own first climate report is coming, the 2026-27 Federal…
Jessica Johl
ASIC published its financial reporting, audit and sustainability focus areas for FY2026-27 on 18 May 2026 (26-098MR). Read it as a map…
Jessica Johl
Australia’s first mandatory sustainability reports are in, and the regulator has read them. ASIC published early observations on that first wave —…
Jessica Johl
It is easy to read EY’s move as a story about scale only the Big Four can afford. It is not. The…
Jessica Johl
