Treasury is proposing an oversight body merger of multiple standards boards in a move to bolster the accounting profession and “position Australia’s financial reporting system for the future”.
As mandatory climate-related reporting requirements take effect, RSM Australia has said that well-prepared firms see the smoothest transitions while late starters struggle.
The Australian Prudential Regulation Authority has conducted a review of its governance standards to ensure clear, contemporary minimum expectations are set for the board and senior leadership.
In a recent tax dispute, the Federal Court ruled that transmission lease assets held by foreign residents are not taxable Australian real property and therefore not subject to CGT.
CPA Australia and CA ANZ are backing the corporate watchdog’s refreshed commitment to its surveillance efforts of audit quality, breach reporting and independence requirements.
More than 25 winners have been unveiled at the inaugural Corporate Accountant Awards 2025.
ASIC has it will expand its audit surveillance efforts after its 2024–25 report revealed issues with audit quality, breach reporting and independence requirements.
The former global CEO of BigLaw firm King & Wood Mallesons has joined the global governance council for EY.
The finance industry has long been associated with high pressure, long hours, and a culture that prioritises results over people. However, leading practitioners like Simone Palfreyman are challenging this outdated mindset.
Job-sharing, parental leave equality and flexible work practices could help address lifetime gender pay disparities, the WGEA has said.
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