Audit stories

Oracle New Zealand has reported stable growth for FY 2024, revealing increased revenue and a healthy profit margin amid challenging market conditions.

KPMG Australia has become the first firm globally to achieve certification for its AI management systems under the new BS ISO/IEC 42001 standard.

As the deadline for the NIS2 Directive looms, businesses across Europe face significant cybersecurity compliance challenges amid rising threats.

HackerOne has introduced Essential VDP, aiming to aid organisations in handling security vulnerabilities and meeting compliance standards.

Genetec has launched Operations Center, a cloud-based solution to enhance security teams' task management and collaboration.

Diligent's new SuiteApp, 'Diligent Boards for NetSuite', obtains 'Built for NetSuite' status, integrating real-time financial data with governance for improved board oversight.

Quod Orbis teams up with YASH Technologies to merge their CCM platform with YASH’s IT solutions, aiming at enhanced cybersecurity, compliance, and risk management for businesses worldwide.

A survey by ISACA reveals that while European IT professionals see AI's potential benefits, significant concerns about detecting AI misinformation persist.

eflow Global's TZEC upgrade leverages AI to enhance eComms surveillance, aiming to curb market abuse and meet strict regulatory demands amid rising fines.

NZSIS and GCSB are welcoming an IGIS review on Human Rights Risk Assessments with open arms, highlighting a need for enhanced oversight and compliance.

UK's eflow Global launches EMIR Refit Readiness Audit, providing firms complimentary consultations to prepare for the upcoming, stringent derivatives reporting rules.

Over 99% of UK businesses were fined for data breaches in the past year, with the average fine hitting GBP £257,982, reveals ISMS.online research.

KPMG Australia debuts KymTax, a groundbreaking generative AI tool poised to transform tax advisory by leveraging the firm's extensive internal knowledge.

Momentum Life has launched QBOT, an AI-powered quality assurance bot by Quanton, to enhance compliance and customer service.

Jade Software Corporation reports a 12.4% increase in annual revenue to NZD $45.7m, while total comprehensive income surged by 271.5% in 2023.

Samsung Electronics New Zealand sees a 37.4% rise in net profit for the year 2023 despite a slight drop in revenue and cash equivalents.

Despite Hewlett-Packard New Zealand's gross profit seeing a 7.5% increase to NZD $28.7M in 2023, it faced a significant 76.1% fall in net profit.

KPMG UK secures esteemed NCSC Cyber Incident Exercise Assured Provider status, endorsing its top-notch solutions in cyber incident readiness and response strategies.

Australian healthcare provider Calvary partners with Irish firm MEG to enhance regulatory compliance and quality care through a digital auditing tool, marking an innovative step towards standardisation.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.