Four Steps to Avoid Accreditation Stress

  Ensuring your organisation achieves and maintains accreditation with government regulations and industry standards can be a very time-consuming and stressful exercise. Get it right and accreditation can open doors to new revenue opportunities and growth.  Get it wrong and the impact on your organisation’s reputation and bottom-line can be significant; even catastrophic. In this […]

It’s Time For A Compliance Paradigm Shift

Discover how recent advancements in Computer Aided Auditing Technology (CAAT) are transforming the way organisations manage their compliance risks. For too long compliance has been treated as the poor kid on the block.  Especially at budget time when it’s more fashionable cousins finance, quality, security and safety often end up with the lion’s share of […]

Crossing the Aged-Care Compliance Gap

A 3-step template for organisations transitioning to the new aged-care quality standards. Transitioning to the new aged-care quality standards, which come into effect on the 1st July 2019, should not involve a blind leap of faith. It requires careful planning and execution. One way your organisation can successfully plan its transition is to carry out […]

Proof of aged-care compliance will be in the eating

With Christmas fast approaching, and 2019 not far away, it’s understandable that some Australian aged-care providers might be getting a little nervous about what the new-year holds in store. Following a series of high profile compliance failures and reports of elder abuse, the aged-care sector’s new-year will kick-off with a Royal Commission.  Its objective, among […]

Franchisors must prove they have wage fraud under control

A series of government investigations and penalties surrounding systemic wage fraud within the Australian franchise sectors has put the onus on franchisors to prove they have wage fraud under control, or else suffer the wrath of investors, shareholders and the regulator. The situation has become so bad that Australia’s largest petrol retailer Caltex is getting […]

Regulatory burden increases for Australian franchisors; but Regtech may hold the answer

Recent amendments to the Australian Fair Work Act 2009 now make franchisors responsible for the underpayment of wages by their franchisees. Included in the amendments are new higher penalties for serious contraventions of the Act, with an increase in penalties of up to 10 times higher. For example, penalties for companies will rise from $54,000 […]

Advanced data-analytics set to transform the audit

Since the GFC there has been a major push by governments, industry bodies and enterprises to improve audit quality and reduce costs.  Tougher government regulations, increased oversight, and bigger penalties have only added to these pressures. It should therefore come as no surprise to find in recent years there has been a significant increase in the level […]

When is an audit not an audit?

The first riddle I ever read was the old classic “When is a door not a door?”. Answer; “When its ajar”. Even after reading the answer, I still didn’t get it.  It wasn’t until my Mother explained the play on words that the penny finally dropped. Riddles have remained a source fascination ever since. What fascinates […]

The convergence of audit and inspection – are you prepared?

Date: January 2017 Economic, political and societal pressures have always influenced the evolution of audit and inspection; albeit along different paths. Today, these same pressures continue to shape auditing and inspection expectations; but something important has changed.   For the first time, these expectations share a common theme – the effective monitoring and control of operational risk. […]

Transform your audit and inspection processes into a powerful integrated risk assurance system

In this short article, I outline how organisations can transform their audit and inspection processes into a powerful integrated risk assurance system using proven ISO methods.  It’s easier than you think. _______________________________________________________ Many inspection and auditing systems have understandably evolved separately, and therefore are incapable of providing board-members and senior-management an accurate overview of an organisation […]