Principal
CurrentMichael enjoys an extensive external client portfolio that covers listed entities, regulators, professional organisations, accounting and legal firms, not-for-profit and public sector entities.The vision for Cain Consulting is to be recognised as a pre-eminent provider of independent financial reporting solutions that enhance economic decision-making and accountability by those charged with governance, preparers, auditors, regulators and users.Recent appointments have included:• The internal risk management and quality assurance peer reviews of a number of substantial audits under instructions from the Australian National Audit Office;• Training for staff and clients on the adoption of auditing standards,• Technical assistance and mentoring of a mid-tier firms in preparation for their ASIC audit inspections; and• Technical accounting and audit advisor to a number of small and mid-tier accounting practices and networks.Michael’s experience includes:• Interpretation and advice on generally accepted accounting and auditing principles, ethical and risk management standards• Implementation of quality systems and processes (APES 320/ASQC 1 compliant)• Quality control reviews • Development and roll-out of compliant audit methodology• Developed, implemented and advocated accounting and auditing policy within the firms for whom I have worked • Provision of training in financial reporting, audit and assurance, and ethics (including independence)• Litigation support• Senior tutor for the undergraduate accounting and audit subjects at the University of Melbourne• Popular and featured speaker and trainer on financial reporting, auditing and professional standards issues at many conferences, seminars, and workshops for the professional accounting bodies• Author of a number of technical articles for publication in the professional accounting bodies’ magazines, and• Facilitator in the Institute of Chartered Accountants CA Program
