Accounting

Skye Zhu

Lecturer, Financial Accounting/Auditing
skye.zhu@jcu.edu.au

Mohammad Azim

Senior Lecturer, Financial Accounting/Auditing
mohammad.azim@jcu.edu.au

Monica Jurin

Associate Professor, Finance
monica.jurin@jcu.edu.au

Tania Driver

Lecturer, Financial Planning
tania.driver@jcu.edu.au

Li Xian Liu

Senior Lecturer, Finance
li.liu1@jcu.edu.au

Abhijit Das

Lecturer, Management Accounting and Auditing
abhijit.das@jcu.edu.au

Rafiuddin Ahmed

Senior Lecturer
rafiuddin.ahmed@jcu.edu.au

Damien Wallace

Head, Accounting
damien.wallace@jcu.edu.au

Jodie Maxfield

Senior Lecturer
jodie.maxfield1@jcu.edu.au

How does the “stand-back” requirement improve risk assessment? The use of root cause analysis (Old ID 30042)

Skye Zhu

01 Jul 2023 - 30 Nov 2024

The “stand-back” requirement is a newly added provision found in global audit standards such as Australian auditing standard ASA 220 (Revised), ISA (UK) 240 and international auditing standard ISA 315 (Revised) (FRC 2022; IAASB 2019; AUASB 2021a; AUASB 2021b). The standards require an auditor to reconsider and re-evaluate whether all significant transactions, balances and disclosures have been identified once the risk assessment has been completed (AICPA 2020; KPMG 2020). We experimentally investigate whether the presence of “stand-back” requirement and the types of learning examples in root cause analysis can jointly influence auditors’ fraud risk assessment decisions.

Telemedicine: New Horizon in Management of Diabetic Foot Ulcer in Rural/Remote Australia (Old ID 22267)

Rafiuddin Ahmed

01 Aug 2015 - 31 Jul 2022

Diabetic Foot Ulcer (DFU) is a serious complication causing >80% of diabetic lower limb amputations. Compared to Australian major cities, rural/remote areas experience two to three times higher rate of hospitalisation and limb amputation. A program that effectively manages foot ulcers and reduces hospital admissions could substantially reduce the cost of care in diabetes. Supervised care of trained rural nurses with the help of information technology may help solve the scarcity of diabetes would care specialists in the underserved communities. This proposal seeks to assess clinical and economic impact of telemedicine in the management of foot ulcers in rural/remote Australia.

Clinical and Economic Impact of Telemedicine in Management of Diabetes Foot Ulcer in Rural/Remote areas of North Queensland: A Pilot Study (Old ID 21930)

Rafiuddin Ahmed

01 Jan 2015 - 31 Dec 2016

Currently subjects with Diabetic foot ulcers living in rural/remote areas in the region have to travel long distances to Townsville Hospital Diabetes Centre (THDC) on a weekly basis for would care. The annual Medicare cost for care in patients with diabetes who have foot ulcer is 3 times, with inpatient care accounting for 70% of ulcer care costs. We aim to undertake a program that effectively manages foot ulcers and reduces hospital admissions could substantially reduce costs of care in diabetes. We plan to use telemedicine to help solve the scarcity of specialist diabetes would care in underserved communities.

Leveraging GenAI in Enhancing Professional Scepticism in Auditing

Abhijit Das

01 Nov 2024 - 28 Feb 2026

An individual auditor’s professional scepticism is considered to be the epitome of the auditing profession. Research highlights the crucial role of regulators, professional bodies, and educators in actively fostering professional scepticism among junior auditors and students, particularly given the increasing complexity of business and financial reporting, as well as the technological developments impacting business. Increasing expectations from regulators and other stakeholders for auditors to demonstrate professional scepticism further emphasise the need for educators to enhance awareness of these essential skills and cultivate the necessary attitudes. Given the global accounting community's sustained interest in professional scepticism, it is crucial to understand how AI mechanisms can enhance the skills that enable junior auditors and students to apply professional scepticism appropriately and sufficiently. GenAI can significantly enhance am abstract concept like professional scepticism among junior auditors and students by providing tools and methodologies that promote critical and logical thinking, rigorous analysis, and objective evaluation of evidence. GenAI achieves this through sophisticated machine learning algorithms that identify patterns, anomalies, and trends in large datasets. By exposing junior auditors and students to these AI-driven tools, helps students to develop a critical mindset, encouraging them to question and investigate unusual patterns in financial data, evaluate evidence appropriately, thereby enhancing their level of professional scepticism. This project will entail training a custom GPT on the OpenAI platform before using the OpenAI wrapper API and a web based front end to create a virtual avatar for junior auditors and students to interact with. This methodology aims to create an interactive and personalised training and learning experience for users, supported by AI-driven virtual assistance tailored to their needs.

Redefining Carbon Accountability: AI Applications in Emissions Tracking and ESG Compliance

Abhijit Das

01 Jul 2025 - 31 Dec 2025

This research proposal explores the transformative potential of Artificial Intelligence (AI) in enhancing carbon accounting and sustainability auditing practices. The project investigates how AI tools—particularly machine learning (ML) and natural language processing (NLP)—can improve the accuracy, regulatory compliance, and fraud detection capacity of emissions reporting systems. The purpose is to address the limitations of traditional carbon reporting methods, which are often manual, error-prone, and lack transparency, particularly in the context of tightening global climate regulations and frameworks such as the GHG Protocol and Australia’s newly introduced AASB S1 and S2 standards.