Articles

12 Jun 2013

Creating value in your business – Part 2

In our previous newsletter we discussed building value in your business by deliberately creating opportunities. Central to this approach is to put in place well considered strategies. We…

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24 May 2013

ATO to require bank account details for refunds

As from 1 July 2013, when a tax return is lodged electronically, the ATO will only deposit refunds, if due, into Australian bank accounts. Previously, the ATO could,…

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18 Apr 2013

FocusOn – Reportable payments to contractors

Our FocusOn documents are comprehensive overviews. The topics are often very complex and we recommend you contact us before acting on transactions. This sample pdf shows the typical detail…

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01 Apr 2013

Creating value in your business

Great businesses rarely just happen. Ideally, you want your business to be valuable to others so that when the time comes for you to move on, your business…

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28 Mar 2013

Deciding if we need an audit

Organisations are required to undertake audits for a variety of reasons: As directed by a regulator As directed by the governing documents such as rules or constitution As…

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16 Mar 2013

Business value – Competitive advantage

Every business should understand what differentiates them from competitors. Understand why your customers come to you. Whilst price is always important, build points of difference around: Excellent customer…

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05 Mar 2013

The audit process

The audit process includes the assessment of risk associated with the information being audited and the execution of various audit  procedures including: review and testing of internal controls…

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05 Mar 2013

Does my organisation need an audit?

Many organisations are required to have their financial statements audited.The requirement to be audited may come from any of the following: governing rules, constitution or trust deed regulators…

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05 Mar 2013

Audit – Companies Limited by Guarantee

Small companies with revenue less than $250,000 and not a deductible gift recipientAn audit is only required if : Directed by a member Directed by ASIC Required in…

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