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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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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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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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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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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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Despite numerous lockdowns throughout the COVID-19 pandemic, the essential nature of the Agribusiness, Food & Beverage sector has seen diversification and growth opportunities for many of the market participants.
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More M&A as Financial Services organisations seek to consolidate for improved customer experiences.
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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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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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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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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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    Designing Australia's Future

    Federal Budget Report 2022-23

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    Insight GST in M&A: Have you breached the Financial Acquisitions Threshold? 23 May 2022
    When it comes to M&A transactions, businesses can often be eligible for GST refunds – but how do you determine if this is the case, and how much is
    Insight Tax considerations for Fintechs 02 Dec 2021
    The ATO has recently undertaken a number of Income tax, Transfer Pricing, GST and R&D reviews of Fintechs across the ‘Top 1000’ and the ‘Medium and Emerging’
    Insights APRA releases updated guide to Licensing for new ADI’s 01 Sep 2021
    APRA has released new guidelines for both RADI and ADI licenses, providing clarity on the process.
    Webinar Conserving cash and attracting investors in the current environment 01 May 2020
    Grant Thornton’s Corporate Finance and Financial Services team held a practical webinar this week to address how FinTechs can navigate the current environment.
    Webinar GST & Property: deep dive into the Margin Scheme 12 Mar 2020
    As the margin scheme is widely used by those in the real estate & construction industry, this webinar will provide a detailed examination into the application
    Webinar The application of GST in the property industry 05 Dec 2019
    The ATO’s increased focus on the application of GST in the property industry is not surprising.
    Webinar Financial Services Webinar: GST Update 20 Sep 2019
    GST changes that Financial Services organisations need to be aware of.
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