Why does the financial reporting profession struggle with clarity, engagement, and getting the complex things right the first time? In this episode, Wayne, Judith, and producer Chris reflect on what they’ve learned from building Financial Reporting Conversations and why tone, structure, and practical relevance matter just as much as technical accuracy.

They unpack the real gap this podcast is trying to fill, why “unknown unknowns” keep causing Blind Freddy mistakes, and how auditors and preparers can benefit from more candid, practical conversations about standards. You’ll hear how hooks, pacing, guest selection, and narrative clarity help make complex reporting issues accessible without losing rigour.

Whether you prepare financials, audit them, or oversee them at board level, this episode gives you practical insights into how better communication leads to better reporting outcomes.

🎧 In this episode, you’ll learn:

• Why “unknown unknowns” still derail financial reporting
• How tone, hooks, and structure keep complex topics engaging
• Why the profession needs more practical conversations, not just new standards
• The pitfalls Wayne and Judith see auditors and preparers repeat and how to avoid them

Financial Reporting Conversations is brought to you by Basford Consulting helping professionals go beyond compliance and get financial reporting right.

For technical insights, training, and resources that make the unknowns in financial reporting known, visit basfordconsulting.com

🔗 Connect with us:
LinkedIn: Wayne Basford & Judith Leung
YouTube: @BasfordConsulting
Website: basfordconsulting.com