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Technical publications Example financial statements

The IFRS team at Grant Thornton Australia produces example financial statements to illustrate the application of the requirements in Australian Accounting Standards (AASBs) which incorporate International Financial Reporting Standards (IFRSs) as issued by the International Accounting Standards Board (IASB).

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The ‘Federal Budget: A 10 year retrospective’ report was meant to provide the basis for change for industries with significant potential but lacking support at a policy level.

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Essential 8 Internal Audit during COVID-19

As organisations are navigating a new reality – confronting interruptions and disruptions – it is more vital than ever that organisations ensure good risk mitigation practices remain in place to manage rapidly evolving risks and minimise impacts.

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Report Dealtracker 2020

We have released the seventh edition of Dealtracker, our analysis of the Australian M&A and equity markets. Covering transactions during the 18 month period from1 January 2019 to 30 June 2020, we saw a significant decrease in deals in H1 2020 as the world responded to the COVID-19 pandemic.

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Podcast When cash is king – where do you turn when the banks pull back?

During the Global Financial Crisis we saw a tightening of liquidity from traditional sources – which took a period of nearly five years to bounce back.

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Insight Understanding the early warning signs of insolvency

With the world in the grips of COVID-19 and facing tough knock-on effects to all parts of the economy, the Australian Government has released multiple massive support packages to provide relief to individuals and business owners.

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Podcast Getting your house in order - What happens when the COVID support measures end?

When COVID hit, the combination of JobKeeper, banks deferring principal and interest payments, and temporary changes to insolvency laws gave businesses some much needed breathing space – preventing the immediate tsunami of insolvencies many were anticipating.

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We have all seen the impact COVID-19 has had not only on businesses in general, but more broadly the global economy.

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Insight Deliberately (re)designing your organisation as you step out of COVID-19

As the old adage goes: ‘never let a crisis go to waste’. As a result of COVID-19, business owners and leaders now find themselves in an unfamiliar position.

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Dealtracker Agribusiness, Food & Beverage Dealtracker

Agribusiness, Food & Beverage Dealtracker

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Federal Budget It’s time to remove the great blind spots in our resource sector

Largely left to operate on its own, the resources sector has been a stalwart of the Australian economy.

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Insight Financial services consolidate to provide better services

More M&A as Financial Services organisations seek to consolidate for improved customer experiences.

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Press release Aged care providers share their perspectives on the future of ageing and age services

Today, global accounting and advisory firm, Grant Thornton released its ‘Perspectives on the Future of Ageing and Age Services in Australia’ report, having formally submitted the report to the Royal Commission into Aged Care Quality and Safety yesterday.

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Podcast Australian life sciences companies need to be born global

We’ve never been more aware of where our pharmaceuticals and medical products come from, or how long therapeutics take to go from research to product.

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Insight The success of modern manufacturing lies in value-adding, IP and new markets

Every country wants to export – it’s part and parcel of developing prosperity. And it’s part and parcel of Australia’s economy. To be successful, we need to have a diverse range of trade partnerships and to focus on value-adding manufacturing and retaining IP here in Australia.

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NATIONAL OUTCOMES MEASUREMENT PROGRAM A practical framework

Royal Commissions and federal budgets are critical things for Nonprofit human service providers to be thinking about at this point in time.

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Podcast Riding the storm: Is the partnership model dead?

The professional services landscape has changed with COVID-19. The more agile the firm, the better placed they were to ride out the storm.

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Insight Supply chain delays

We explore time delays caused by unprecedented convergence of surging demand and restricted supply chains during the Covid building boom. Time can be a killer in business, none more so than for builders burning overhead and facing delay claims on wafer thin project margins.

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Insight Jab jitters: retailers grapple with vax rules

Sydney’s lockdown ended overnight, with midnight haircuts, gym sessions and early morning shopping queues highlighting the enormous relief felt across the city.

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Podcast How to commercialise a great idea

In our podcast, Innovation and Incentives partner Sandie Boswell, discusses what makes an innovative business successful (hint – lots of passion and strategy!), blind spots to look out for, and exciting future trends in innovation.

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Client alerts
2013
Fraud in focus: September 2013

Fraud in focus: September 2013

11 Sep 2013

Fraud in focus: September 2013

Welcome to the first bi-monthly client fraud update. Fraud in all its various incarnations of bribery, corruption and theft is a global issue where awareness lies at the heart of successful prevention and detection.

This digest is intended to keep you informed of the trends, investigations and tips on current issues in fraud, bribery and corruption from around the world. The aim is to better educate and raise awareness of an issue which the Australian Bureau of Statistics calculates accounts for 40% of the total cost of all crime domestically.