Australia
New Thinking
A roadmap for mid-market business owners
Adapting customer loyalty
Australia and the corporate governance experience
Australian and UK rail franchising experiences
Australian Regional Capacity Index
Australia's defence industry and the rise of Asia
Better business reporting – the journey continues
Big Data and why it matters
CHAFTA: Look to China for growth
Chinese Investment in Australia Demystified
Cloud – enabling business strategy
Corporate growth
Critical actions for a positive future
Cyber and digital security
Cyber security – Detect cyber threat
Cyber security – Protect your business
Cyber security – Respond to cyber threats
Cyber security – Secure organisational growth
Digital: A framework for the age of disruption
Digital: Reinventing the customer experience
Disrupting the board
Empowering Australians' impacted by their service
Financial reports de-cluttering in ASX200 companies
Financial System Inquiry – Innovation: Digital identity
Financial System Inquiry – Regulatory system
Financial System Inquiry – Superannuation and retirement incomes
Fixing Australia's naval shipbuilding industry
Future of investment management
Global shifts in defence and security
Harnessing the power of disruption
Here comes the M&A boom
Human services: rethinking regulation
Improving cities through urban renewal
Indirect Tax and International Tax – double the trouble?
Infrastructure trends
Leaving leadership development to chance is not worth the risk
Pricing: Defining the right strategy
Promising prospects in Australian corporate finance
Resource sector outlook
Risk transformation: Embracing conscious risk taking
Risk transformation: Engaging the first line of defence
Risk transformation: What makes a great CRO?
Road testing a public service reform agenda
Social media risks
Tax Reform: a call for fundamental change
Tax Reform: a new simplicity for fringe benefits
Tax Reform: a single tax collector
Tax Reform: stopping the fiscal drag
Tax Reform: property services tax
Tax reform – shaping the future
Tax transparency and morality
Technology and growth: working with the 'connected customer'
Technology's impact on investment industry
The constantly changing role of the CIO
The power of population
The private side of public investment
The Road to Paris
Transforming for consumer growth
Urban and regional growth: a smarter way
Utilities: technology is the future
Value of Audit
What is the future for government?
What a Japanese submarine option could mean for Australia
Value of Audit

 


Value of Audit

To investors and companies alike, audit has consistently proven its worth. But it's time for reflection – especially post the financial crisis.

It's important to reflect on issues of risk, governance and the role we as auditors can play – especially as we are in a truly unique position to see and interact with all the different areas of an organisation.

The ability to provide independent financial statement audits – which enhance the reliability of the information provided by companies to investors, creditors and other stakeholders – cannot be undervalued. We have insights and observations to share, but sometimes expectations change and there’s a lack of understanding in what we do.

 

Duncan McLennan
"Now is the time for new thinking around audit and how it can meet the changing needs of business and shareholders."


Duncan McLennan
National Managing Partner, Audit
When we started thinking about the future of audit, we wanted to find out where we are now: whether lead partners from KPMG member firms in different regions thought there was value in audit today, and if so, what this value is. The Value of Audit seeks to explore the role of audit through 16 candid interviews with KPMG audit leaders from around the world, including myself.

Auditors play an important role in capital markets and I invite you to not only read our views but, importantly, join us in the conversation.


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Value of Audit

Value of Audit
Read candid views of KPMG's audit leaders on the value of audit.

Audit and Assurance

Audit & Assurance Services
Independent audit services to help enhance the reliability of information prepared by clients for use by investors, creditors and stakeholders.