Disclosure of Processes to Verify the Integrity of Periodic Corporate Reports

In this episode, we explore a 2024 white paper from Deakin University's Integrated Reporting Centre, authored by Pei-Jia Lum, Eka Tan, Peter Carey, Roger Simnett, Michael Bray, and Peter Vuong. The paper analyzes the disclosures of Australian companies regarding the verification of unaudited periodic reports, in line with ASX Corporate Governance Recommendation 4.3. The study examines the types of disclosures and integrity-enhancing mechanisms used, identifies trends, and offers recommendations for improvements for companies, regulators, and professional bodies. We also delve into the biographical background of Peter Carey, a professor of accounting involved in the research, and discuss his expertise in audit and corporate governance. Tune in to gain insights into the evolving landscape of corporate transparency and accountability in Australia.