Audit and Assurance

It’s obvious…and it isn’t… You have built your business, firstly through bootstrapping it in its start-up phase and then taking it through pre-IPO rounds. But what exactly are you going to IPO? Defining “what” it is that will ultimately list is absolutely necessary for streamlining the financial reporting which goes...
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The clampdown on reverse listings and de-listings of long-suspended companies bites listed ASX shells for the year ended 30 June 2020 During the financial year 2020, the number ASX listed companies declined from 2,269 to 2,188, with de-listings outstripping new IPOs and Reverse Takeover Transactions (RTOs). Some of you reading...
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Since the new leases standard – AASB 16 – came into effect earlier this year, it’s presented several operational challenges with entities now needing to recognise all assets and liabilities arising for all leases, with limited exceptions. These exceptions include short-term leases and leases of low value assets. Expectations Short-term...
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Do you work in a finance team, sit on a Board, or are you a business owner? Do you need to report to ASIC or apply accounting standards in the preparation of financials? If so, the best piece of advice you can receive this year is to check your leases....
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The William Buck Financial Reporting series has wrapped up for the year, providing finance professionals with the latest insights to help their business. Covering various topics including changes in accounting standards, ATO’s tax insights and the latest trends in merger and acquisitions. Attendees heard first hand from William Buck’s industry...
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Within the NFP sector, there have been several new governance regulations introduced. The below articles provide a snapshot into the recent changes and key issues to be aware of within the NFP sector that may impact on the governance of your organisation. AICD updates governance principles At a time when...
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