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‘Wishful thinking’: Mid-tier highlights oversight issues in government’s threshold move

‘Wishful thinking’: Mid-tier highlights oversight issues in government’s threshold move

The government’s move to double the financial reporting and audit threshold may save compliance costs but raise the risk profile of businesses with poor corporate governance, says one mid-tier.

by Shared by AccountantsDaily | Nov 29, 2018

Small business owners to be caught by Labor's tax policy

Earlier this month, Treasurer Josh Frydenberg announced that the government would be raising the financial reporting and audit requirement thresholds in a bid to save small and medium business more than $300 million over the next four years.

Read the full article at Accountants Daily.