IPA pushes for bold tax reform in FY18/19

IPA pushes for bold tax reform in FY18/19

The pre-budget submission includes key recommendations around holistic tax reform; state-backed loan guarantee schemes; publicly supported venture capital funding; investment in innovation; and legislating payment times to benefit small business. “The IPA continues to...
New auditor rotation rules confirmed

New auditor rotation rules confirmed

The Accounting Professional and Ethical Standards Board (APESB) has released new professional and ethical requirements on the length of time audit partners can perform their roles. The new requirements on audit partner rotation will come into effect on 1 January 2019....
ASIC to focus on inappropriate accounting treatments

ASIC to focus on inappropriate accounting treatments

ASIC’s review of 30 June 2017 financial reports of 220 listed and other public interest entities concluded with inquiries of 50 entities on 54 matters, seeking explanations of accounting treatments.“The largest number of our findings continue to relate to impairment...