Foreword

This month we discuss why and how Internal Audit teams must remain agile in the context of a rapidly changing risk landscape. We also start touching upon the very important topic of environmental, social, and governance (ESG) reporting, that will be a major focus going forward. In terms of the renewal of PNG work permits for non-citizens, new requirements have been published that need to be taken into consideration when appointing and continuing with a non-citizen. KPMG is very proud to have formally opened our new offices at Nambawan Plaza Level B2 in the city centre. Please reach out for a tour if you have not attended our launch event. Finally, and as always, some important IRC updates are discussed this month.

KPMG in PNG has dedicated in-house specialists in all the following areas: internal audit/risk, visa migration, corporate finance, management consulting, IT advisory, fraud investigation as well as tax and assurance. As such we are well placed to provide a truly multi-disciplined approach to business advisory.

In this Month's Kundu

Internal audit’s role in unstable times

In an increasingly volatile and disrupted world, Internal Audit teams must remain agile in the context of a rapidly changing risk landscape. Drawing from KPMG’s lens across the Asia-Pacific, we have outlined six areas for consideration for your Internal Audit planning in Papua New Guinea

Other topics covered include:

  • Environmental, social and governance reporting
  • Greater focus by ICA on work permit renewal conditions
  • IRC updates
  • Our new office launch
  • Our social media presence

Please enjoy this month’s Kundu and reach out to us at kmcentee@kpmg.com.au if you would like to see KPMG cover specific topics in future editions