Auditors – A Friend in Disguise
Over a 19-year audit career, I think I have seen every possible reaction to the news that the auditors are coming to visit. While there are the few surprising responses of “we love audit time” from clients that see an audit as a way for continuous improvement, the large bulk of people become instantaneously guarded. […]
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Audit Driving Compliance Value for Directors
Recently, I attended a workshop coordinated by Kimberly Lewis (General Manager of Hunter Prelude) and Grace McLean (NFP Connect) about the importance of getting the Board member skills composition right for a not-for-profit. This session talked about the experience and insight Board members can bring to an organisation in helping them meet their objectives and […]
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Are You Paying the Right Dues to Your Diligence?
In these time of economic uncertainty, we traditionally see two types of business operators – the conservative and the opportunistic: Conservative and protective – focused on reducing expense, conserving cash and ensuring the business is in the best position to see through the times of uncertainty; or Opportunistic and growth-focused – identifying the opportunities to […]
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NSW Real Estate Changes
In the most significant review of the Property Stock and Business Agents Act (the Act) since 1997, the NSW Government has announced a vast array of changes in the way compliance, licensing, professional development and disclosures are handled by Real Estate agents moving forward. While changes to the completion and reporting of trust account audit […]
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Pay Attention to Getting Your Payroll Right
Every time you look at the news, there seems to be a new case of wage underpayment involving another of Australia’s most well-known brands. Retail giant Coles has identified underpayments of $20M across its liquor and supermarkets and Target staff being ripped off to the tune of $9M, taking the Wesfarmers Group total wage underpayment […]
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