Prof Janek Ratnatunga, Author at CMA Australia On Target

About Prof Janek Ratnatunga

Professor Janek Ratnatunga is CEO of the Institute of Certified Management Accountants. He has held appointments at the University of Melbourne, Monash University and the Australian National University in Australia; and the Universities of Washington, Richmond and Rhode Island in the USA. Prior to his academic career he worked with KPMG.

Strategy & Governance

How investors and entrepreneurs can play an accurate forecasting game

January 29, 2021

New research has quantified the size of the gap between the forecast and actual earnings of start-ups presented by entrepreneurs to potential investors. Entrepreneurs typically overestimate realised revenues by about 22 per cent in the estimates provided to potential investors the previous year, says UNSW Business School. In particular, founder-CEOs overshoot revenues by about 15 per cent, […] How investors and entrepreneurs can play an accurate forecasting game […]

Strategy & Governance

Can Tesla’s share price be justified? Probably not

January 29, 2021

By By John Rice, Zayed University and Nigel Martin, Australian National University Elon Musk is now the world’s richest person, edging out previous title holder Amazon’s Jeff Bezos. His rocketing fortune is due to the Can Tesla’s share price be justified? Probably not […]

Lifestyle

Study shows meaningful lockdown activity is more satisfying than busyness

January 29, 2021

With much of the world practicing varying degrees of social distancing and lockdown, researchers have been investigating the key to happiness in isolation. New research shows people who pursue meaningful activities – things they enjoy Study shows meaningful lockdown activity is more satisfying than busyness […]

CMA ANZ News

Reports Presented at AGM 2020

December 23, 2020

Presidents Report 2019-20 – The 24th Year The Year 2020 has been a year like no other in our lifetimes. Like the rest of the world, the Institute in its 24th year, having been incorporated Reports Presented at AGM 2020 […]

Accounting & Markets

The case for Key Audit Matters in audit regulation

December 23, 2020

Changes to audit reports are valuable to independent investors and this benefit accrues to Non-Big 4 firms. On 1 August 2019 the Senate referred an inquiry into the Regulation of Auditing inviting submissions from a The case for Key Audit Matters in audit regulation […]

Accounting & Markets

Uptick in ASX200 company reports using non-statutory performance measures

December 23, 2020

There has been a rise in the use of non-statutory performance measures and reconciling items in company accounts since the COVID-19 era began, a new KPMG report shows. The study of over 100 ASX200 company Uptick in ASX200 company reports using non-statutory performance measures […]

CMA ANZ News

Indonesia Branch Zoom Webinars

December 23, 2020

Throughout the Covid-19 pandemic, ICMA Australia Indonesia Brach continued its commitment to facilitate the capability development for CMA Members, professionals and academics in the fields of accounting and finance. In the November-December period 3 more Indonesia Branch Zoom Webinars […]