The following Australian Standards on Sustainability Assurance (ASSA) and the Relevant Ethical Requirements were approved by the Auditing and Assurance Standards Board (AUASB) on 28 January 2025.
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As family businesses evolve, financial transparency has become a vital element for fostering growth and trust. As the baton passes to the Rising Generation, a new wave of openness and accountability is reshaping the way family business discuss money.
Social media offers strong appeal for the masses to learn finance due to the ability to quickly disseminate information in a digestible way. While this may not be how previous generations learned financial acumen, it is undeniable that social media platforms are opening new ways of understanding how to build wealth.
In the evolving landscape of family businesses, the Rising Generation is stepping up with a fresh perspective and innovative strategies. One of the most significant shifts we are witnessing is the strategic use of financial data to drive business growth.
Building a strong personal brand is essential for professional services advisors to gain trust and loyalty from clients. Define your unique value proposition, enhance visibility through LinkedIn and thought leadership, and grow your network through industry events. Consistently investing in your personal brand creates opportunities and strengthens professional relationships.
A strong festive season, driven by Black Friday and year-end sales, has set a positive tone for retail in 2025. However, shifting consumer behaviours, economic uncertainty, and global trade dynamics present challenges that retailers must navigate. Success in 2025 will require agility, innovation, and a strong focus on consumer engagement and strategic pricing.
Australian retailers faced a challenging 2024, with rising costs and reduced consumer spending power. As 2025 shapes up to be another tough year, an end-to-end approach to profitability is key. From optimising supply chains to rethinking product strategies, breaking down silos allows retailers to make holistic decisions that support tangible results. Discover how integrated profitability reviews can help you drive resilience.
The valuation of a minority interest is an-all-too-common valuation conundrum faced by lawyers and advisors alike.
The Auditing and Assurance Standards Board (AUASB) board meeting on 16 December 2024 confirmed the final phasing for mandatory assurance of information in sustainability reports. A final draft standard incorporating these changes will be presented to the AUASB for approval in late January 2025.
When buying a car, it's natural to look under the hood. The same principle applies to buying a business.
Black Friday results so far point to a strong festive season ahead for retailers. Consumers are balancing growing confidence with a focus on value and quality, while mobile commerce and strategies like personalisation are driving growth. Retailers must adapt to maintain this momentum, prioritising new product launches and standout experiences in December.
On 10 October 2024 the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (the Bill) was tabled in the Australian Parliament in an effort to overhaul Australia’s mergers and acquisition laws. The bill was passed by both houses of Parliament on 28 November 2024.