Forces including emerging technologies, data analytics, COVID-19 and global economic uncertainty are disrupting many well-established professions, including accounting. These key trends and more will be explored by an impressive line-up of speakers at the annual Chartered Accountants Australia and New Zealand Accounting and Audit conferences – essential for professionals wanting to stay up-to-date on the latest developments affecting them and their clients.
Accounting conference 18 May
At the Chartered Accountants ANZ Accounting Conference on 18 May, Oxford University economist, TED speaker and co-author of "The Future of the Professions" and “A World Without Work” Daniel Susskind will delve into the future of work. Daniel’s valuable insights into the current economic and technological opportunities, threats and failings, will be critical to understanding the impact they will have on wider society and business.
Renowned strategy expert John Hale will look at the Strategic Accountant, and how they can reimagine their firm, their firm's services and their career path and reveal why accountants should learn to juggle and ensure their clients do the same.
Chartered Accountants ANZ reporting and assurance leader Amir Ghandar FCA will lead an informative panel session into the future of financial and non-financial reporting. An expert panel will discuss how the finance function is responding to the latest developments in financial reporting, digital and integrated reporting, including managing stakeholder trust. It’s a chance for professionals to learn about the value creation processes and what the future holds for sustainability reporting.
Analysing a business's data can provide valuable insights that drive better business decision-making for accountants and management alike. A session on Microsoft’s Power BI analytics explains how data can be leveraged for management accounting reports, financial statements, internal audit and more. Participants will learn how Power BI can connect to multiple sources of data and produce insightful, interactive reports that are easily shared in a secure environment.
Audit conference 11 May
The assurance profession is no less impacted than the forces of technology and COVID-19 than the broader accounting profession and this year’s Audit Conference on 11 May will equip auditors with what they need to know for 2021 and beyond.
Merilyn Gwan, Partner & Head of National Assurance Quality at Grant Thornton, Doug Niven FCA, Chief Accountant of the Australian Securities & Investments Commission (ASIC) and Chartered Accountants ANZ reporting and assurance leader Amir Ghandar FCA will open the conference with a discussion on how the profession continues to evolve during times of international and local scrutiny while navigating the pandemic.
Melville Yates, Director of reporting and red tape reduction at the Australian Charities and Not-for-profits Commission (ACNC), will speak about changes to the charities sector. Yates will outline ACNC best practice financial disclosure guidance, considerations and impacts on charities and NFPs from the recent changes to the special purpose reporting framework and progress on red tape reduction as well as an update on the ACNC legislative review.
Auditors of self-managed superannuation funds (SMSF)s won’t want to miss the session on the Australian Tax Office’s approach to compliance with ATO director Kellie Grant. Grant will explore the impacts of COVID-19 on the audit of SSMSFs, the application of the independence standards for SMSF audits, and the ATO’s compliance findings so far for 2020 – 2021.
Audit Conference – 11 May 2021
Gain key insights from leading subject matter experts, regulators and fellow practitioners and keep abreast of new developments in this constantly evolving profession.
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Accounting Conference – 18 May 2021
Keep up to date with the latest technical and non-technical developments in the accounting profession and learn new ways to enhance the effectiveness of your financial management.
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This article is republished with permission from Acuity magazine, the official journal of Chartered Accountants ANZ