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More changes to auditors’ code of conduct

Publish date: 13 September 2019
Issue Number: 89
Diary: CompliNEWS
Category: Legislation

Two sets of draft amendments to the code of conduct for registered auditors have been released for comment, CompliNEWS contributor Pam Saxby reports. One seeks to align the code with amendments to the 2005 Auditing Profession Act with implications for the regulation of registered candidate auditors. Interested and affected parties have until 31 October 2019 to make input. The other amendments envisaged focus on the role and ‘mindset expectations’ of professional accountants in relation to the term ‘professional scepticism’. The deadline for comment has been set at 17 October 2019.

(Also reported on in Legalbrief Today, Issue 4778)

Working Smart

By Lee Rossini

As artificial intelligence (AI) continues to evolve, small financial advice firms are presented with an opportunity to enhance efficiency and client service without losing the human touch that clients trust. The key to success lies in achieving the right balance – leveraging AI to support, not replace, human financial planners. Here are some guidelines on how to find this balance.

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Subscribers are reminded that they can complete monthly CPD quizzes and claim CPD hours before the 31 May 2025 deadline. View the CPD FAQs for more on accessing the CPD quizzes.

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