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Audit

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Common Types of Fraud
2 minute read

Updated June 2023 Business owners face challenges that come in a variety of forms – from internal strategy to staffing…

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Estate Agents Trust Accounts – Audit Lodgement due soon
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All real estate agents must have a trust account for holding money received from clients. Trust account requirements vary from…

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ATO Scams and their Impact
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Each Month the Australian Taxation Office provides a detailed report to Tax Agents on Illegal Scam activities and their impact….

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Preparing for an audit: An auditors perspective
1 minute read

Knowing that your annual audit is coming up can be a worrying time for some clients. However, an audit can…

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Why is my SMSF auditor asking for more?
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Two recent court decisions have highlighted the SMSF auditor’s obligation to verify the SMSF’s asset values and disclosure in the…

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Accounting Standard Update – AASB 9
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Does your organisation prepare general purpose financial reports? If so, your reports will need to be prepared in line with…

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Changes to Accounting Standards – AASB 16 Leases
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Does your business lease premises, motor vehicles or equipment? Changes to the accounting for leases will apply to entities that…

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The End is Near……maybe!
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Future Focus: The end to Special Purpose Financial Statements It seems that time is running out for financial entities that…

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Changes to Victorian Incorporated Association Reporting Requirements
1 minute read

On 5 June 2018, the Victorian minister for consumer affairs, gaming and liquor regulation, the Hon. Marlene Kairouz MP, signed…

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Accounting Standards Update: Are you prepared?
3 minute read
Time is running out to prepare for adopting new accounting standards.
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