Fraud is back in the spotlight and accountants need to pay attention. With new changes to the audit standard ISA 240, there’s now more focus on identifying and responding to fraud risks in financial reporting. What does this mean? There will be more questions from auditors, stricter checks on controls, and closer review of red flags like unusual transactions or poor cash flow. Do not be left behind, know what’s changed, what to look out for, and how to stay prepared.

Are you too trusting with your numbers?
Professional skepticism isn’t just for auditors, it’s a critical skill every accountant needs. Whether you’re preparing reports, reviewing documents, or advising clients, asking the right questions can protect your reputation and uncover risks before they become problems. This article breaks down what skepticism really means, how to use it daily, and why it’s becoming non-negotiable in the profession.

Dive into the intricate details of the corruption scandal within the NLC and learn how trained, independent accountants can help protect funds intended for charitable causes. Despite challenges, a plan is in place to enhance transparency and accountability with the assistance of accountants.