Accounting for Planet, People and Profit
Centre for Critical Accounting and Auditing Research
Practitioner Reports: VOLUME 8 Issue 1 / 2023
Table of Contents
Combined Assurance Paper 1: Components and quality elements of combined assurance for integrated and sustainability reports in a South African context.
Dusan Ecim - University of the Witwatersrand | Warren Maroun - University of the Witwatersrand | Andre Prinsloo - Deloitte Rotterdam
Integrated and sustainability reporting are principles-driven processes which explain how an organisation relies on and impacts multiple types of capitals at the strategic, risk-management and operational levels to create value for multiple stakeholders...
Key Audit Matters Paper 2: An analysis of KAM disclosures, trends and insights in South African audit reports between 2017 – 2020.
Dusan Ecim - University of the Witwatersrand | Warren Maroun - University of the Witwatersrand | Alan Duboisee de Ricquebourg - University of Leeds
One of the most recent developments in auditing is the publication of ISA 7011 by the International Auditing and Assurance Standards Board (IAASB) which requires auditors to report ‘key audit matters’ (KAMs)...
The conundrum of disagreement with the auditor Paper 3: This article considers the position where a company has a bona fide disagreement with its auditor in relation to the appropriate accounting in the annual financial statements for a specific matter material to the financial statements.
Harvey Wainer - Visiting Professor of Accounting - University of the Witwatersrand
The article explores certain of the potential actions available to the company. For the purposes of the discussion below, it is assumed that the auditor intends to issue a modified audit opinion if the relevant matter is not accounted for in the financial statements in accordance with the auditor’s opinion as to the required accounting in regard thereto.
CCAAR Technical Report Paper 4: The concept of materiality for sustainability reporting – Transparency, and by implication, effective reporting and disclosure, is a cornerstone of good governance.
Yvette Lange - Adjunct professor of Accounting - University of the Witwatersrand
An organisation develops its strategy, priorities and associated key performance indictors – preferably in the triple context of social, economic and environmental performance – in managing the performance of the organisation. Being transparent about its performance and the progress over time in this regard, as well as on other key priorities, is important to allow stakeholders to make an informed decision on the performance of the organisation and its long-term value creation over the short, medium and long term. Disclosure and reporting should therefore be informed by these priority matters – the so-called material matters – and in this regard, organisational leadership needs to determine what is material for reporting. This will depend on the particular circumstances or environment in which an entity operates.
The conundrum of disagreement with the auditor Paper 3 - HTML
The conundrum of disagreement with the auditor Paper 3 - PDF