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About This Podcast
Financial reporting isn’t just about compliance. It’s about clarity, accountability, and getting it right.
Financial Reporting Conversations, presented by Basford Consulting, helps accountants, auditors, directors, and legal professionals navigate the complexities of IFRS, auditing, and climate standards with confidence.
Each episode uncovers the unknown unknowns the hidden clauses, definitions, and disclosure nuances that most people overlook and explains how to apply them in real-world reporting environments.
Hosted by Wayne and Judith, the podcast translates technical standards into practical insights that help you avoid “Blind Freddy” mistakes, strengthen governance, and improve reporting quality.
If you’re ready to go beyond compliance and see what the standards really require, subscribe to Financial Reporting Conversations where we make the unknowns in financial reporting known.
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Recent Episodes
S1E9 Why Financial Reporting Still Goes Wrong
Financial reporting standards have existed for decades. Yet the same mistakes continue to appear in financial statements, audit files, and regulatory findings.So why does financial reporting still go…
S1E8 IFRS 3: Business Combination or Asset?
Get the IFRS 3 gateway wrong, and every number that follows is wrong.Before goodwill is measured, before fair values are calculated, before disclosures are drafted, there is one critical judgment…
ASQM 1: Why Audit Quality Still Fails
Why are so many firms treating ASQM 1 as a compliance exercise until ASIC starts asking difficult questions?In this episode, Wayne Basford and Judith Leung unpack what they are seeing in practice…
2026 Financial Reporting Predictions and Key Risks
Why do so many financial reporting risks only become obvious after ASIC starts asking questions? In this episode, Wayne Basford and Judith Leung share their 2026 financial reporting predictions and…
Why Financial Reporting Conversations Exists and What It Solves
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…
Understanding Financial Reporting Fraud Through the Fraud Triangle
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…
Sustainability Reporting: The Myths Behind S2 Explained
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…
Inside the June 2025 Reporting Season Mistakes
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…
Understanding Going Concern Under IFRS and ISA 570
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…
Frequently Asked Questions
Financial Reporting Conversations has published 9 episodes since November 2025, covering topics in Business, Education.
Financial Reporting Conversations is currently highly active with new episodes weekly. Average episode length is 35m.
Sign up on Grep.FM to access contact details for Financial Reporting Conversations, including email and social media links.
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