We provide clients with many professional and technical services. For a detailed description, please select the relevant service.
Great
News
- All Posts
- AACCI
- Accounting Update
- ACN Activites
- ACNC Activities
- AFSL
- announcement
- Annual Reporting
- Artificial intelligence
- ATO
- Audit and Assurance
- Audit and Financial Reporting
- Beyond the numbers
- Beyond the Numbers
- Business Advisory
- Business Advosry
- Business Consulting
- Business Growth
- Business Risks
- Business Sale
- Business Strategy
May 25, 2021 / News
Accounting Update | Mandatory registration for Directors
Director Identification Numbers are planned for the end of 2021. Will you be affected? Read more
Nov 06, 2020 / News
Payment Times Reporting Obligations
The Payment Times Reporting Act 2020 (the Act) introduces a new requirement for large businesses and large government enterprises with an annual total income over $100 million to publicly report on their payment terms and practices for their small business suppliers. Read more
Aug 24, 2020 / News
Financial Reporting Developments
Another financial year has ended. This time last year, no one could have anticipated that within the year we would be dealing with a health and economic crisis that has devastated so many Australians. Read more
Jul 14, 2020 / News
Companies shouldn’t be tempted to disclose EBITDAC(ovid)
The COVID-19 pandemic has had a significant effect on many businesses and some have been wondering whether they can highlight the impact of COVID-19 and report Earnings Before Interest Tax Depreciation Amortisation and COVID-19, or EBITDAC? Read more
Jun 18, 2020 / News
ASX provides lodgement extensions for 30 June 2020 and clarity on NTA calculations
Extension to lodge audited and reviewed financial statements Read more
May 29, 2020 / News
Extension of ASIC reporting deadlines for 30 June 2020
In response to business disruptions caused by COVID-19, the Australian Securities and Investments Commission (ASIC) has announced a one month extension of the reporting deadlines for companies to lodge their audited financial reports under Chapters 2M and 7 of the Corporations Act 2001. The extension applies to both listed and unlisted companies with a balance date up to and including 7 July 2020. Read more
May 18, 2020 / News
IASB revises treatment of COVID-19-related rent concessions
The Australian government’s mandatory Code of Conduct for Commercial Leases introduces a range of rent concessions for lessees, including rent reductions and rent deferrals. Read more
May 07, 2020 / News
Financial Reporting Developments
The AASB has been very active during the past two months, issuing a number of new requirements. Nexia Australia Technical Director Martin Olde highlights some of the key changes as well as financial reporting considerations relating to COVID-19. Read more
Mar 24, 2020 / News
AASB approves removal of Special Purpose Financial Statements
From 1 July 2021, for-profit entities preparing financial statements in accordance with the Corporations Act 2001, other legislation, their constituting documents or other agreements will not be permitted to prepare Special Purpose Financial Statements (“SPFS”). At the same time, the existing Tier 2 Reduced Disclosure Regime (“RDR”) will be replaced by new Tier 2 disclosure requirements. Read more
Oct 23, 2019 / News
Demise of Special Purpose Financial Statements
From 1 July 2020, many companies preparing financial statements in accordance with the Corporations Act 2001, other legislation, their constituting documents or other agreements will be prevented from preparing Special Purpose Financial Statements (“SPFS”). At the same time, the existing Tier 2 Reduced Disclosure Regime (RDR) will be replaced by new disclosure requirements. Within the following update, we explain the impacts. Read more
