Having considered stakeholder feedback, the AASB decided to grant a temporary exemption for peppercorn lease accounting while it considers its next steps. A temporary exemption provides timely relief to the not-for-profit (NFP) sector when dealing with peppercorn leases.
Recent regulatory changes threaten to intensify what many believe is already a perfect costs storm that is hitting accounting practitioners.
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry called for a compensation scheme of last resort.
All Australian businesses, no matter how small, will soon be lodging their pay and super details online via Single Touch Payroll.
Forensic accountants outline why they love their work and describe the financial detective skills they need.
With whistleblowing law changes just around the corner, all accounting firms need to ensure they have an appropriate whistleblower regime in place.
It’s the information age, and yet the Australian Securities and Investments Commission (ASIC) still charges Australians hefty fees to access company information that’s part of the public record – and takes just seconds to provide electronically. How much longer can this go on?
While our means of data analysis and collection grow increasingly complex, the sources of error remain all too human.
Accounting for International Development (AfID) is a UK-based social enterprise launched a decade ago by Neil Jennings. It enables accounting volunteers to take their skills abroad.
To become a trustworthy adviser to clients or other business units, accountants need to be as good at persuasion and marketing as they are at managing the finances. The key? Building trust with clients.