Mondaq Australia: Accounting and Audit
With significant expertise in the NFP sector throughout Australia, we can draft an audit solution for your organisation.
Professional firms try to avoid such errors by quality assurance procedures, like peer reviews and arithmetic checking.
When buying or selling a business, understanding and negotiating the working capital adjustment mechanism is critical.
This update covering new developments in accounting, risk management and tax regulatory is presented by Moore Stephens.
Public ancillary funds must comply with new guidelines formulated by the Minister to prepare PAF returns for assessment.
A number of legal procedures to recover outstanding school fees from parents are discussed below.
A number of legal procedures to recover outstanding school fees from parents are discussed below.
This newsletter includes summaries of news articles and reports affecting employment and businesses in Australia.
An income tax exempt entity must satisfy a new "In Australia" test in order to retain tax exemption and concessions.
ASIC is not totally opposed to the use of non-IFRS financials, but there's no room for them in financial statements.
Discusses coming to terms with current and future risks in procurement and contract fraud.
On 11 May 2011, the ATO issued draft Ruling TR 2011/D2 (Draft Ruling) and a Decision Impact Statement (Decision Impact Statement) setting out their views in relation to the Aid/Watch case
Last month, the ATO signalled a low tolerance for highly engineered cross-border structures when it dramatically sought to impose tax on TPG’s $1.5 billion profit on the Myer float. In the course of the ATO’s frantic efforts to secure a slice of the Myer millions, it issued two draft determinations last Friday setting out the circumstances in which it will challenge similar private equity arrangements.
The global economic slowdown is having an adverse impact on many businesses, often resulting in lower cash flows.
The Full Federal Court has allowed Lilyvale Hotel Pty Ltd to bring forward losses in reliance on the same business test where Lilyvale previously ran a hotel business using a manager.
ASIC recently issued some warnings that should be taken into account when preparing upcoming half-year financial reports.
The Australian Securities and Investments Commission has recently issued guidance for companies preparing 31 December 2008 financial and audit reports.
In May 2008 in the case of Masterclass Enterprises Pty Ltd v Bedshed Franchisors (WA) Pty Ltd the Supreme Court of Western Australia (the Court) dealt with the issue of whether a franchisor's consent was unreasonably withheld to a transfer of a franchise.
In good times, many legal questions may be academic. But
when there is a crisis, whether basic legal principles have
been followed becomes a vital question.
Some recent Corporations Law changes allowing rights issues
by listed entities without a prospectus as well as proposed ASX
Listing Rule changes that reduce the shareholder spread
requirement.
Most Popular Recent Articles
Professional firms try to avoid such errors by quality assurance procedures, like peer reviews and arithmetic checking.
Two recent surveys of SME business owners and their advisers have revealed some key reasons why businesses can fail.
A statutory demand is supposed to form the first part in a winding up application.
An interesting debate has been unfolding as the high Australian dollar continues to take its toll on manufacturers.
From 1 July 2016, a limited licence will replace the accountants' exemption as a more restricted alternative to an AFSL.
When buying or selling a business, understanding and negotiating the working capital adjustment mechanism is critical.
Determining contributions from each party is one step to dividing the assets from a marriage or a de facto relationship.
The ASX 200 AREIT Accumulation index rose by 7.01% over the quarter ending 31 March 2012.
With significant expertise in the NFP sector throughout Australia, we can draft an audit solution for your organisation.
Many affected by the PPSA have come to grips with their obligations but there are other issues you need to consider.
