University of Tasmania, Australia

In the last 12 years in Australia there has been increased emphasis on ‘corporate governance’. It is acknowledged by the accounting profession, and auditors in particular, that they have a vested interested in promoting and strengthening the system of corporate governance from the perspectives of assisting and improving the traditional audit function and establishing an appropriate and expanding role in the development of the corporate governance process. The unit examines the role of the accounting profession in corporate governance including recent reports and initiatives by the profession in relation to financial reporting, internal controls, audit committees, auditor liability and legislative reform.

View unit handbook