Strong planning is fundamental to a high-quality audit. Each reporting season brings new risks, regulatory expectations, and emerging issues – meaning last year’s audit plan cannot simply be rolled forward.
Changes in business conditions, technology, climate risk, and evolving financial and sustainability reporting requirements are reshaping audit risk profiles. At the same time, regulators are intensifying their focus on audit quality and planning judgments.
In this session, we will unpack what the AASB, AUASB, ASIC, and other regulators are signalling as priority risk areas for 2026 audits.
Drawing on GAAP Consulting’s recent audit file inspection findings and technical queries, we will translate these themes into practical planning actions for your 30 June audits.
This session will:
- Explain the key audit risks for 2026 and how they affect planning under ASA 300 and ASA 315/330
- Explore high-risk areas including valuations, cybersecurity, technology risks, and climate-related matters
- Show how to integrate regulator audit quality findings and focus areas into your planning file
- Clarify commonly misunderstood planning requirements
- Outline effective planning interactions with those charged with governance, and
- Share best-practice approaches to building a robust audit plan.
