AASB appoints new deputy chair

Regina Fikkers, an existing member of the AASB, has been appointed deputy chair. Ms Fikkers is an accounting advisory partner at PwC, boasting more than 17 years of experience assisting companies in Australia, Europe and Asia to report under IFRS – including...

IAASB shines light on credit loss models

Expected credit loss (ECL) models are now required, or will soon be required, by some financial reporting frameworks, including IFRS 9, Financial Instruments, which will come into effect from 1 January 2018. The latest IAASB publication entitled ISA 540 Revision...

Government must address skills shortage, says IPA

“We need governments, both federal and state, to immediately address and reform the education system’s ability to increase the stock of knowledge-based workers available for employment,” said IPA’s chief executive officer, Andrew Conway.“Without a sweeping reform of...

Pitcher Partners calls for tax certainty

Howard Badger, a Sydney-based tax consulting partner for Pitcher Partners, noted that regardless of whether the federal budget is delivered in the first or second week of May, the key for government is to properly address tax reform. “Frankly, it’s at the point where...
Arming against cyber crime

Arming against cyber crime

If you’ve read about someone who’s been targeted by cybercrime and thought that could never happen to me, now would be the time to think again. Anyone can be a target of cybercrime, including accountants – that’s the very real assessment of a series of reports...