Financial Reporting Conversations

About Financial Reporting Conversations

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.

Publisher

Wayne Basford

Category

business · education

Language

en

Explicit

No

First episode

6 Nov 2025

Latest episode

18 Jun 2026

Latest episodes

23 episodes in the feed.

1. 

   18 Jun 2026

   Inside the Accounting Profession: IFRS, Technology and Governance (Ep. 23)

   How has the accounting profession changed over the past 25 years, and has practice kept pace? In this opening episode of Inside the Accounting Profession series, Wayne Basford and Bruce Andrews discuss the forces reshaping the accounting profession, from technology and professional-firm bureaucracy to corporate governance and IFRS application. 🎧 In this episode, you’ll learn: Why large professional firms can struggle to adapt quicklyHow technology gives smaller firms greater agilityWhat Austr...

2. 

   11 Jun 2026

   IFRS vs Reality: When Standards Meet Practice

   IFRS has been with us for more than 20 years, but has it really changed financial reporting in practice? In this episode of Financial Reporting Conversations, Wayne Basford and Judith Leung are joined by James Scott from JD Scott & Co. to unpack the IFRS Practice Gap: the difference between what the standards say and what companies actually produce. 🎧 In this episode, you’ll learn: Why IFRS can still become a compliance exercise How revenue, consolidation, leases, and business combination...

3. 

   4 Jun 2026

   Audit Failure and the Missing Engagement Partner

   When an audit fails, the issue is not always a bad test or a missed checklist. Sometimes, the real problem is that the engagement partner was missing when it mattered most. In this episode of Financial Reporting Conversations, Wayne Basford and Judith Leung unpack why the engagement partner must be involved early, not just at final review. They explore how weak planning, poor risk identification, ineffective engagement team discussions, and late file review can all contribute to audit failure...

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Guest appearances

Books guests

Based on episode analysis; this does not confirm that the show is currently accepting guests.