Our latest insights

When undertaking a valuation of a business or entity for commercial or litigious purposes, a fundamental element of the valuation is considering the available information about the ‘market’ to assist in assessing value.

AASB 18 Presentation and Disclosure in Financial Statements

Businesses are increasingly recognising the importance of sustainable practices to safeguard our planet for future generations. However, as the demand for sustainable products and services grow, so does the prevalence of greenwashing – a deceptive practice where businesses falsely claim to be environmentally friendly.

The ATO’s GST Analytical Tool and data testing has been designed to achieve high assurance in GST governance.

As we enter the final week of the financial year, here are some things to consider when it comes to your superannuation.

In 2015, the Australian government introduced the concept of a Significant Global Entity (SGE). Even if an Australian company has relatively small operations in Australia, it may still be considered an SGE if it part of a group with large turnover. Watch now as Vince Tropiano and Jessica Brass discuss the key issues to be aware of in respect to SGEs.

To position your business for resilience and success as we approach a new financial year, it’s important to consider key trends impacting the banking sector to help you navigate the evolving regulatory and risk landscape.

The new prudential standards for the private health insurance industry which commenced on 1 July 2023 have significantly changed how capital adequacy is determined for insurers and have been implemented to improve alignment with APRA’s insurance capital framework, consistent with international best practice.

The valuation of unlisted investments continues to garner significant attention in the media and by regulators given the high level of judgement involved and the often-perceived lack of transparency around the valuation process.

Healthcare in Australia grabbles with persistent challenges in balancing patient care with cost efficiency, a struggle expected to endure for the coming decades. Various population segments face significant impacts from these challenges. Tailored interventions and support systems are essential to mitigate disparities and enhance overall well-being.

Australians are currently struggling with cost-of-living increase including essential goods such as housing, utilities, petrol and groceries. Consequently, household budgets are being altered across the country to tighten spending and temporarily alleviate financial pressures.

While Family business make up 70 per cent of the Australian economy, only 12 per cent makes it to the third generation. As the first and second generation work on and in the business, it’s crucial to try and keep it alive – to uphold the legacy and ensure the business thrives for future generations.