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Insight How not-for-profit organisations can shift from ‘survival mode’ into sustainability

We saw COVID threaten the sustainability for many not-for-profit (NFP) organisations, forcing some to make operational changes or to shut their doors, and others to adapt and drive innovation to achieve their mission. But what does it mean to be a sustainable NFP, and how do these organisations then remain sustainable for years to come?

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Podcast New South Wales dips it’s toes in tax reform

The New South Wales State Government has been busy with tax reform this year – from the raft of state taxation amendments commencing in May, to the first steps to abolish stamp duty introduced as part of their state budget last week.

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Client alert Three weeks remaining for Queensland builders to comply with QBCC's Minimum Financial Reporting Requirements

With only 3 weeks remaining in the financial year, builders should immediately test their compliance with the Queensland Building and Construction Commission’s (QBCC) Minimum Financial Reporting Requirements (MFR) to ensure there is enough time to rectify any deficiencies before FY22/23 year end.

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Insight Implications of Division 7A on family settlements

Hearing the words ‘Division 7A’ is often accompanied with a twinge of anxiety – and for good reason. This area of tax legislation is incredibly complex, and for family businesses, Division 7A can be a particularly difficult concept to navigate.

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Insight Tax in M&A: Questions to ask your business and deal team

While Australia has shown strong acquirer appetite and businesses from all industries are finding great success and outstanding returns with their acquisition and divestment strategies, M&A activity now faces an uncertain future.

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Insight Tax in M&A: Questions to ask your business and deal team

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Client alert Can your business leverage the Small Business Restructure process to clean up old debt?

As the economy continues to battle ongoing waves of COVID-19, businesses who are struggling to pay legacy debts may be left wondering what their future might look like.

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Client alert ATO puts up to 50,000 taxpayers on alert for looming Director Penalty Notices

On 28 March, the ATO sent its strongest message on debt enforcement since the COVID-19 pandemic commenced, advising that it is now issuing letters to taxpayers informing them about their potential personal liability for company tax debts under the Director Penalty Notice (DPN) programme.

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Insight Top 5 issues for CFOs in 2022

Living through the pandemic has delivered a clear reminder that some things are simply beyond our forecasting or our control. That’s the kind of wildcard CFOs can do without! CFOs are in the box seat with a once-in-a-career opportunity to create a whole new – and ideally improved – business ‘normal’ by considering talent, digital transformation, cyber resilience, post-pandemic growth, diversity and inclusion.

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Client alert Fair Work Ombudsman releases its strategic priorities and key industry focus for FY23

The Fair Work Ombudsman (FWO) has announced its strategic priorities for 2022-23 including where audit and enforcement activities will be undertaken in relation to wage underpayments.

Energy & Resources Home

Guidebook A guide to transition from exploration to development and production

A deep dive into the accounting, tax and finance implications as you transition from exploration through development and ultimately, production.

Financial Services Home

Insight Holding banking to account: the real diversity and inclusion picture

We discussed some of the key findings of our Women in Business research with female industry leaders across our global Grant Thornton network, exploring how the banking sector can keep the momentum going to attract, retain and nurture women to build a more inclusive future.

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CLIENT ALERT $2bn Breakthrough Victoria Fund, now investing in research, technology and innovation

The $2bn Breakthrough Victoria Fund will consider a range of investments from $500,000 to $30 million for projects across four funding streams, with a flexible approach to investment depending on the opportunity. A wide range of businesses, research organisations, universities, joint venture and consortia are encouraged to apply.

Manufacturing Home

Insight Investment into innovation encouraging stability in manufacturing

Australian manufacturers have been through difficult times, particularly with the shutdown of the automotive industry, but remaining businesses are proving to be agile and resilient having already battled through lots of challenges. In addition, the accelerating pace of new technologies being introduced, combined with COVID-19 disruption and the Government’s substantial industry support, many manufacturing business models have been fundamentally challenged for the better.

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Insight How not-for-profit organisations can shift from ‘survival mode’ into sustainability

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Client alert Professional services – is it time for our Owner’s Room?

Professional service firms have experienced growth and increased profitability over the last two years. The issue of succession – promoting, attracting and managing the retirement of equity participants – has never been more challenging.

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Client Alert GST and changes in use of residential premises

As the financial year draws to a close, now is the time for property developers to review their projects and determine whether there has been a change of intended or actual use of any residential premises which may require a GST adjustment under Division 129 of the GST Act.

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We are Retail We are Retail

Our senior people have worked in retail for 25 years. That’s 25 years of experience helping some of Australia’s largest and most important businesses to be more successful. Put simply, we implement solutions that grow businesses, and our work makes a positive and profound impact on the lives of millions of people around Australia.

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Client alert Digital Games Tax Offset

Income Tax Assessment Amendment (Digital Games Tax Offset) Bill 2021: Measure for Consultation

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In Focus webinar: Looking forward and looking back

In Focus webinar: Looking forward and looking back

This year certainly hasn't been what we expected. With the challenges COVID-19 brought on, the implementation of two complex financial reporting standards, and regulatory changes, financial reporting has been unlike anything we've seen before.

As we enter the final quarter of 2020, watch on-demand as we share lessons learned from June financial reporting, and look forward at the major changes upcoming in 2021.

This webinar will be the first instalment in our webinar series addressing the transition away from special purpose financial statements. We will cover the key risks and rewards of being an early mover in transitioning, as well as practical considerations and judgements to maximise the benefits of transition.

Watch on-demand

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Who is this suitable for?

Our webinar is suitable for Directors, Audit Committee members, Chief Financial Officers, Financial Controllers, and Finance Managers.

Featured speakers

Owen Carew

Partner Melbourne

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Derek Ng

Partner Melbourne

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Subscribe to our financial reporting webinar series - In Focus

These interactive webinars cover common issues and lessons learnt during the recent reporting season. We’ll shed light on common matters of confusion, and challenges encountered during disclosure under these updated standards. If there is a topic you'd like to hear more about, please include this in the form.

We look forward having you at upcoming webinars.

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Thank you

Thanks for subscribing to our Audit Webinar Series - In Focus.

We look forward to you joining us in our upcoming sessions.

CPE/CPD Points

Accountants | Members of industry institutes (e.g. CA and CPA) may claim this event as formal qualifying hours for Continuing Professional Development (CPD) if you are personally satisfied it is professionally relevant and meets the characteristics outlined by your institute.

Lawyers | Continuing Professional Development (CPD): This professional development activity has been designed to meet the CPD needs of lawyers. If this session does meet your CPD needs according to the Uniform CPD (Solicitors), you may claim 1 CPD unit for each hour of attendance (breaks not included).