The release of global sustainability reporting standards, elevated activity from regulators, and the ever-increasing pressure from stakeholders on the ESG agenda have all contributed to a general raising of expectations on the progress of Sustainability Reporting.
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Accounts payable and payroll fraud conducted by employees is an issue that can have a negative impact on businesses. Detecting and investigating these types of fraud requires a systematic approach to identify irregularities, gather evidence, and take appropriate action against the perpetrators.
The digital revolution, with its promises of efficiency and connectivity, has inadvertently given rise to cyber fraud – an invisible threat that can infiltrate the core of an organisation.
The results of the 2023 Family Business survey showed succession planning is still a topic of high importance to family businesses. The results revealed 72 per cent of family businesses believe succession planning would be an important topic for their business over the next two years.
Workplace fraud is a serious and costly issue that can impact organisations across different sectors and regions – and is becoming increasingly relevant as cost-of-living pressures rise.
To minimise the impact of fraud in Australia and globally, we are promoting anti-fraud awareness and education with a series of articles during International Fraud Awareness Week. This article is the first in our series and takes a closer look at the most commonly experienced types of fraud, the warning signs, and fraud detection.
Businesses may be at risk if they fail to understand the different tax, super and other obligations for employees or contractors.
The Australian Accounting Standards Board (AASB) has released the exposure drafts of three proposed Australian Sustainability Reporting Standards: [Draft] ASRS 1 General Requirements for Disclosure of Sustainability-related Financial Information; [Draft] ASRS 2 Climate-related Disclosures, and [Draft] ASRS 101 References in Australian Sustainability Reporting Standards.
Outsourced CFO services can help scale up businesses, domestic established businesses and international subsidiaries with the demands of doing business
Often a family business starts with Mum and Dad and family governance isn’t an issue as both parents want the best for their children, and their values and vision for the future are aligned.
As this landscape shifts, family businesses must become aware of their carbon emissions and develop a proactive carbon reduction strategy, whether it be aiming for net zero or another reduction target.