Insights into Australian Key Audit Matters

by

Ed.

From charteredaccountantsanz.com: A research collaboration involving CA ANZ and two Australian universities examines Key Audit Matters for ASX-listed companies’ 2024 financial statements.

The study finds that asset impairment and revenue recognition are primary concerns, with economic uncertainties increasing audit risks.

Sector-specific insights reveal varying KAM frequencies, highlighting traditional risk focus areas over technology.

Filed under: Accounting & Audit