Accounting

The introduction of a safe harbour defence had already helped to shift the balance of risk away from directors, providing a defence to insolvent trading if they are meeting certain criteria.

The unintended consequences of easing insolvency laws


More and more companies around the world are embracing the concepts of integrated thinking and reporting, because they fully understand the wider benefits of doing so.

Integrated reporting: Show value, build trust


The new requirements eliminate nearly all off-balance-sheet accounting for lessees, with the aim being to enhance transparency and comparability in financial reporting.

IFRS 16: A new era of lease reporting arrives


Unemployment forecast to go up as Australia's economy shrinks in 2020/21.

Economic forecast: mixed outlook for 2020/21


As tax agents have begun meeting with their clients, many are checking income received from the stimulus measures as part of income tax return discussions.

Tax time 2020: Economic stimulus and tax whistleblowers


People in business need to consciously maintain their mental wellbeing and the usual commonsense approaches still apply.

Stress management: COVID-19, tax time and the sum of our fears


As the use of cloud-based technology has become integral to the operations of accounting practices, it is critical that they introduce cybersecurity awareness programs for staff.

What the experts say: How audits will look in the post-COVID-19 era


All employers need to have better visibility over working times to enable employees to be paid correctly.

Record-keeping: The new normal for fair pay


Switching from one accounting standard to another might appear benign but assessing a lease for impairment under IAS 36 introduces new considerations.

COVID-19, IFRS 16 and lease accounting: The impairment question


Business leaders are uniquely positioned to serve as influential role models. How they communicate during times of crisis can create clarity, build resilience, and catalyse positive change on the way to recovery.

Ahead of the curve: Leading from the front during recovery


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