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  • Article

    A company's values are more than just words on a page

    Why values matter in business, how to design meaningful values, and how to keep them alive in day-to-day operations.
    AustraliaCorporate/Commercial Law
    Worrells
    Worrells
  • Article

    Cryptocurrency in bankruptcy: Identification and realisation by trustees

    Cryptocurrency is treated as property in bankruptcy, but its decentralisation makes asset recovery challenging for trustees.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    How do directors and shareholders commence a corporate insolvency appointment?

    More directors have been seeking insolvency assistance at short notice, to avoid the personal liability of DPNs.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    How employee fraud happens

    Employee fraud in small-to-medium businesses could be prevented at little or no cost to a vigilant business owner.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Struggling With Company Debts

    In our recent Worrells breakfast seminar series, we talked through the corporate insolvency options available through our case study on Fork in the Road Civil Pty Ltd.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    The factors to compare and assess business performance

    To get a clear picture of a client's business and performance issues, go beyond the standard financial information.
    AustraliaAccounting and Audit
    Worrells
    Worrells
  • Article

    Helping Your Client Navigate The Uncertainty Of An External Administration

    When a company enters external administration, directors face ongoing statutory obligations that extend beyond the appointment itself. Understanding how to navigate record delivery requirements, investigation processes, and potential personal liability exposures becomes critical for both directors and their trusted accounting advisors during this challenging transition.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    What Payday Superannuation Reforms Mean For Businesses

    The ATO has published a draft practical compliance guideline outlining its planned approach to the Payday Superannuation reforms for the Financial Year 2026 to 2027.
    AustraliaTax
    Worrells
    Worrells
  • Article

    Restructuring from sole trader to a company structure

    What to consider & implement when changing your business structure from a sole trader to a company structure.
    AustraliaCorporate/Commercial Law
    Worrells
    Worrells
  • Article

    The hidden cost of debt

    How financial difficulties impact mental wellbeing.
    AustraliaCorporate/Commercial Law
    Worrells
    Worrells
  • Article

    A financial year in review: Insolvency appointments and economic factors

    The 2021 financial year (FY) has been a quiet year for both personal and corporate insolvency appointments.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    The 2022-23 ATO Annual Report: key themes you need to know

    Key themes you need to know about how the ATO has identified & recovered tax debt & its focus "looking forward".
    AustraliaTax
    Worrells
    Worrells
  • Article

    Tax whack turns the solvent to insolvent!

    Clients must ensure they have procedures which will maintain proper corporate governance, especially in times of dispute.
    AustraliaCorporate/Commercial Law
    Worrells
    Worrells
  • Article

    Predictions for insolvency appointments into late 2023

    The most likely outcome for the Australian economy is a slow increase in insolvency appointment numbers through FY2023.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Simplified liquidation process for small business outlined

    The process will offer a streamlined and more cost-efficient pathway for less complex liquidations for small business.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    The Bankruptcy Myths That Keep People From Starting Over

    The misconceptions surrounding it can discourage some individuals from seeking informed advice when it might make the most difference.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Unclaimed trust funds

    For repayment plans, ensure that you maintain current contact information and payment records to avoid overpayments.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    How to minimise the risk of becoming party to a liquidators preference claim

    Article provides six tips for advisors to consider when providing services to an insolvent entity.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Section 569 recoveries in a liquidation

    The creditor received a demand to repay monies to the liquidator pursuant to section 569 of the Corporations Act 2001.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells
  • Article

    Insolvency appointments remain depressed

    There has been significant growth in areas that do indicate a wave of insolvency appointments is likely on the horizon.
    AustraliaInsolvency/Bankruptcy/Re-Structuring
    Worrells
    Worrells

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