528 results found

Discusses coming to terms with current and future risks in procurement and contract fraud.

This is a roadmap for businesses to re-strategise an approach, with a focus on cash flow, core business and expenditure.

On 10 April 2006, ASIC released its Policy Proposal on auditor rotation. Auditor rotation dates back to the Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 ("CLERP 9"), which made changes to Part 2M.4 of the Corporations Act 2001 in connection with listed companies or registered managed investment schemes.

Design obligations do not necessarily spring to a contractor’s mind when engaged in a build-only contract. However, the trend of legal decisions in Australia and overseas indicates that these are issues contractors should be aware of.

Discusses the tax concessions provided to not-for-profit entities.

The Plutus Payroll tax fraud involved misappropriating $105 million from a company which managed payroll for businesses.

These NSW cases highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and lawyers.

Australian directors have long lived in the shadow of insolvent trading. However, although directors' liability for insolvent trading is well-known, it's not so widely known that that liability can extend to people and organisations who have never been appointed to the board.

In a landmark decision affirming the enforceability of browsewrap licences, the United States Court of Appeal for the Second Circuit has upheld a preliminary injunction issued against Verio Inc.

Some recent Corporations Law changes allowing rights issues by listed entities without a prospectus as well as proposed ASX Listing Rule changes that reduce the shareholder spread requirement.

Insolvency early warning signs checklist.

The Implementation Report provides an outline of the key action areas in the regulatory approach of the ACNC.

The Full Court of the Supreme Court of Tasmania has upheld an appeal by the State of Tasmania against the first instance decision of the then Chief Justice Cox in the State’s multi-million dollar dispute with Leighton Contractors.

A case handed down by the High Court of Australia yesterday held that an organisation whose objects are to promote greater efficiency and effectiveness of foreign aid directed to the relief of poverty, by campaigning and generating public debate, may be considered a charitable institution for the purpose of tax concessions.

In our experience, whilst most directors know the nature of a Statutory Demand (that is, a demand for a payment), the consequences of failing to deal with a Statutory Demand expediently are not always understood.

The Federal Court's decision in <I>Macquarie Finance Limited v Commissioner of Taxation [2004]</I> FCA 1170 was handed down on 14 September 2004.

In a Bankruptcy scenario it is not uncommon for a home or investment property to be owned by spouses or de facto partners as joint tenants or as tenants in common.