A recurring theme in my last few CEO messages, is of iconic companies running amok, banks involved in large scale corrupt practices and auditors staying silent and giving unqualified audit reports whilst their clients paid […] The Key Findings of Australian Banking Royal Commission Interim Report: A Summary and Critique […]
In my last CEO message, I provided recent examples of iconic companies running amok and paying scant attention to ethics and values but being rewarded with higher share values. There was Volkswagen ignoring the toxic CEO Message: The Silence of the Auditors […]
All CMAs are expected not to blindly pursue profits in increasing their company’s monetary value, but instead consider the company’s ethical values and social responsibilities. The study of Environmental and Social Management Accounting (ESMA) – No ‘Values’ in Valuation – is CSR Dead? […]
When I am asked as to what my profession is, and I respond “management accountant”, I am often asked if I can audit and sign off financial statements; or do tax returns, or worse still CEO Message: Management Accountants are not Accountants! […]
The International Ethics Standards Board for Accountants (IESBA) recently released the Non-Compliance with Laws and Regulations (NOCLAR) amending standard to the Code of Ethics for Professional Accountants (the Code) to redefine the accountants’ role when Ethics and NOCLAR – A Toothless Tiger? […]
An Annual General Meeting if the Institute was held on 5 October 2017 at CMA House Clayton. President’s Report at AGM 2017. CEO Message: Reports Presented at AGM 2017 […]
As strategists who steer their company’s future endeavours, CFOs and Management Accountants need to advice their organisations to harness the power of “blockchain” technology – and that their companies cannot afford to ignore it. There CEO Message: Blockchains – A Major Disruption or a New Dawn for Accountants? […]