http://www.pwc.com.au/assurance/publications/index.htm Want to stay up to date with all the latest Assurance Publications? Mon, 23 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/publications/audit-committee-matters/index.htm Audit and Risk Committee Matters is published 3 times per year and provides audit and risk committee members, and those associated with audit and risk committees, with insights into current industry issues. Thu, 25 Oct 2012 15:48:00 +1000 http://www.pwc.com.au/assurance/publications/risk-controls/fighting-fraud-financial-services.htm PwC has released Fighting Fraud in Financial Services, based on the Australian results of its 6th Global Economic Crime Survey. This publication highlights the two biggest risks facing financial services organisations – asset misappropriation and cybercrime. Mon, 20 Aug 2012 16:45:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm Articles featured in the July 2012 edition include: Are new technologies creating new risks for your organisation? Could you be managing risk more efficiently? Key considerations for the upcoming reporting season. How safe is your information? Mon, 23 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm Leasing: The IASB and FASB (the boards) ended their re-deliberations of the leasing project with tentative agreements on a number of issues relating to presentation and disclosure. Revenue: The boards have met to discuss their joint project on revenue recognition. They reached decisions on identifying separate performance obligations, performance obligations satisfied over time and onerous performance obligations. Mon, 23 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The US SEC staff have published the final report (‘the staff report’) on its ‘Work Plan’ intended to help the SEC evaluate the implications of incorporating IFRS into the US financial reporting system. Thu, 19 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief/index.htm Most CFOs would agree that the current lease accounting rules are challenging and time-consuming to apply in practice, mainly because no two leases are ever the same. In this edition of IFRS in brief, we consider two of the issues that entities often find challenging: accounting for lease incentives and contingent rentals. Wed, 18 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/industry/banking-capital-markets/publications/major-banks-analysis/index.htm Welcome to PwC's Major Banks Perspectives May 2012 - our analysis of the major banks' half year results. Tue, 03 Jul 2012 10:05:00 +1000 http://www.pwc.com.au/industry/banking-capital-markets/publications/banana-skins.htm PwC has joined forces with the Centre for the Study of Financial Innovation (CSFI) to explore what risks bankers worldwide are facing in the current climate and how they prioritise them. Tue, 03 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IASB has issued an amendment to the transition requirements in IFRS 10 Consolidated financial statements, IFRS 11 Joint arrangements, and IFRS 12 Disclosure of interests in other entities (equivalent to Australian standards AASB 10, 11 and 12 respectively). Mon, 02 Jul 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm Yesterday ASIC announced a number of key focus areas for June 2012 financial reports as a result of its reviews of financial reports for years and half-years ended 31 December 2011. Wed, 27 Jun 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief/index.htm The share-based payment standard is complex and detailed and many companies struggle to apply the rules to their particular incentive schemes. In this edition of IFRS in brief, we share our insight on some topical share-based payment questions we've been asked in the recent reporting season. Thu, 21 Jun 2012 10:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IASB and the US FASB have taken a big step forward in finalising their revised proposals for leasing. They made significant decisions on how a lessee should recognise lease expenses and also revisited some previous decisions concerning lessor accounting. Thu, 21 Jun 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IFRS Interpretations Committee has issued a draft interpretation that proposes requiring subsequent changes in the measurement of put options written on non-controlling interests to be accounted for in the income statement. Thu, 07 Jun 2012 09:05:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IFRS Interpretations Committee has published an exposure draft on the accounting for levies charged by public authorities on the entities that operate in a specific market. The proposals focus on the definition of a present obligation and when the liability to pay a levy should be recognised. Thu, 07 Jun 2012 09:04:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IASB and the FASB have continued their joint discussions on classification and measurement of financial assets and agreed on a three-category approach for eligible debt investments. For more information on the boards discussions refer to IFRS in brief: special edition. Thu, 07 Jun 2012 09:03:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm Since the February meeting, the staff from the IASB and the FASB have been consulting with financial statement users, preparers and auditors to hear their views on how a lessee should subsequently measure a right-of-use asset arising under a lease. The boards met this week to discuss the results of this exercise. Mon, 28 May 2012 09:03:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief/index.htm As we approach another financial year-end, questions about accounting for foreign currency transactions and translation are commonplace. For much of the past 12 months the Australian dollar has maintained parity with the US dollar and is forecast to continue to trade at high levels (notwithstanding the recent fall in value). In this edition of IFRS in brief, we share our insight via a series of Q&As. Wed, 23 May 2012 10:03:00 +1000 http://www.pwc.com.au/assurance/ifrs/publications/ifrs-in-brief-se/index.htm The IASB has published amendments to six International Financial Reporting Standards as part of its 2009 to 2011 annual improvements project. In this edition of IFRS in brief: special edition, we summarise the six amendments and the practical implications for entities in practice. Wed, 23 May 2012 09:03:00 +1000 http://www.pwc.com.au/assurance/publications/risk-controls/emerging-technologies.htm With data breaches in the headlines most days, executives are increasingly concerned about data privacy and security issues. The growing use of social media, mobile devices and cloud computing has introduced a higher threat of IT security breaches, misuse of customer data, and reputational damage. Organisations are turning to internal audit and asking for help on managing the seemingly new and specific risks of emerging technologies. In this paper we examine the threats and opportunities of these emerging technologies. Tue, 08 May 2012 09:03:00 +1000 http://www.pwc.com.au/assurance/publications/risk-controls/global-economic-crime/index.htm The survey, conducted in conjunction with INSEAD Business, has been conducted every two years since 1999 and in Australia since 2001. Tue, 08 May 2012 08:03:00 +1000 http://www.pwc.com.au/assurance/publications/risk-controls/fraud-public-sector-II.htm PwC has released Fighting Fraud in the Public Sector II, based on the Australian results of its 6th Global Economic Crime Survey. Tue, 08 May 2012 07:03:00 +1000