Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned from building Financial Reporting Conversations and why tone, structure, and practical relevance matter just as much as technical accuracy. They unpack the real gap this podcast is trying to fill, why “unknown unknowns” keep causing Blind Freddy mistakes, and how auditors and prepa...
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Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned from building Financial Reporting Conversations and why tone, structure, and practical relevance matter just as much as technical accuracy. They unpack the real gap this podcast is trying to fill, why “unknown unknowns” keep causing Blind Freddy mistakes, and how auditors and prepa...
Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned from building Financial Reporting Conversations and why tone, structure, and practical relevance matter just as much as technical accuracy. They unpack the real gap this podcast is trying to fill, why “unknown unknowns” keep causing Blind Freddy mistakes, and how auditors and prepa...
Why do financial reporting frauds emerge in organisations that don’t see themselves as high-risk? In this episode, Wayne and Judith unpack the real drivers behind financial reporting fraud and explain why these risks often grow quietly inside day-to-day commercial decisions. They break down the fraud triangle and show how pressure, opportunity, and rationalisation combine to create misstatements that feel like “just a timing adjustment” rather than a breach of standards. You’ll hear how budge...
Why are so many organisations struggling with sustainability reporting even before their first S2 statement is due? In this episode, Wayne and Siobhan unpack the biggest myths they’re seeing across the market and explain why these misunderstandings are creating unnecessary work, bad advice, and real reporting risks. They break down the areas causing the most confusion: whether S2 is only about emissions, how greenhouse gas boundaries differ from financial reporting, the truth about transition...
Why are the same financial reporting mistakes still appearing every year, even with no new standards to blame? In this episode, Wayne and Judith unpack the recurring issues they saw across the June 2025 reporting season and why these errors continue to trip up preparers and auditors. They break down the themes causing the most trouble: boilerplate or missing accounting policies, “single segment” disclosures that don’t match how the business is actually run, incorrect revenue disaggregation, I...
When does going concern become more than just an accounting phrase and turn into the question that determines whether a business survives? In this episode, Wayne and Judith break down what IFRS (IAS 1) and ISA 570 really require when assessing an entity’s going concern assumption. They walk through the key steps: identifying uncertainties, assessing materiality, and determining when those uncertainties become “material uncertainties” that must be disclosed. You’ll hear practical examples of h...
Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned from building Financial Reporting Conversations and why tone, structure, and practical relevance matter just as much as technical accuracy. They unpack the real gap this podcast is trying to fill, why “unknown unknowns” keep causing Blind Freddy mistakes, and how auditors and prepa...
