ASIC financial reporting compliance ASIC financial reporting compliance Davidsons 1

ASIC Financial Reporting Compliance: Are You at Risk for Late Lodgement Penalties?

2 minute read

Late lodgement isn’t just a box you forgot to tick - it’s a red flag. Discover the five biggest risks companies face when they fall behind on ASIC financial reporting.

Visual representation of mixing personal and business expenses

5 Risks of Mixing Personal and Business Expenses (ATO Triggers + Compliance Tips)

3 minute read

Think mixing personal and business expenses is no big deal? Think again. From ATO audits to legal risks, here are the 5 costly consequences every business owner should know.

A brown paper calendar with a red push pin stuck in the 31st date.

NFP Self-Review Return – What You Need to Know for 2025

3 minute read

The Not-for-Profit (NFP) Self-Review Return is now in its second year, and the deadline for lodgement is fast approaching. If your organisation…

An AI-generated image of a padlock over a blue background

Tips and resources to protect your business from cyber attacks

4 minute read

Cyber attacks are on the rise, with criminals constantly searching for vulnerabilities in business IT systems and exploiting human error….

Lucy Partridge appointed director, Davidsons Assurance Services

2 minute read

Davidsons is pleased to announce the appointment of Lucy Partridge as the new director of Davidsons Assurance Services, effective 1…

A woman in a workplace lanyard labelled 'volunteer' smiles at the camera. Behind her, a man packs a cardboard box labelled 'donations'.

What’s an NFP self-review return, and how do I prepare one?

4 minute read

From 1 July 2024, the Australian Taxation Office (ATO) will introduce new annual reporting requirements for income-tax-exempt not-for-profit (NFP) organisations….

A close up of two people's arms. One person is handing a clear plastic box full of food items to the other.

Which not-for-profits are income tax-exempt?

3 minute read

While many not-for-profit (NFP) organisations are exempt from paying income tax, different rules apply to various types of entities. Below,…

A close up of a printed financial statement with a silver pen resting on top.

AASB 2021-2: Understanding the new Australian Accounting Standards

4 minute read

The newly introduced Australian Accounting Standards AASB 2021-2 – Disclosure of Accounting Policies and Definition of Accounting Estimates brings important…