Discusses the new R&D Tax Credit incentive being introduced by the Federal Government.

Please find attached a link to our submission to Treasury.

The Australian Securities and Investments Commission has recently issued guidance for companies preparing 31 December 2008 financial and audit reports.

Differential reporting in Australia has long been based on the Reporting Entity Concept. Now this is all set to change with the push by the Australian Accounting Standards Board (AASB) to replace the Reporting Entity Concept with a model based on a more prescriptive approach.

A privately owned business can be a very personal operation and it is not unusual for an SME owner to take on a patriarchal role with employees. Unlike a large corporate, owner and employee are not separated by multi-levels of hierarchy.

The grants aim to improve Australia's manufacturing skills and open the door to start-up and non-manufacturing companies.

Accountants need to balance their duty as a trusted financial advisor against reporting requirements pursuant to NOCLAR.

These new measures could make the difference between businesses closing permanently or being able to survive COVID–19.

The report will be required to include specific information about the large business' payment times and practices.

Transparency International's (TI) Corruption Perceptions Index (CPI) chart results show a steady decline for Australia.

The right option to recover your business debts will depend on the circumstances, so it is important to get good advice.

While we are hopeful that the global economy might soon be emerging from the turmoil created by the credit crisis and the somewhat disastrous effects it has had on asset values around the world.

JobKeeper has helped staffing, but it has not assisted with other operating costs, particularly rent or finance debts.

The Full Federal Court's decision in Pratt Holdings Pty Ltd v The Commissioner of Taxation on 12 May 2004 provides a useful clarification of what is required to bring a communication into existence so that it attracts legal professional privilege.

In the current financial downturn, profits are expected to fall for a large number of companies. It is therefore critical that companies understand their continuous disclosure obligations to generate market releases about expected financial results.

Two recent surveys of SME business owners and their advisers have revealed some key reasons why businesses can fail.