Australia: Accounting and Audit

The Australian Securities and Investments Commission (ASIC) has published its financial reporting and audit focus areas for the 2025-26 financial year.

Clients should be advised to secure loans made to a company (related party credit loan accounts).

Significant changes to Australia's corporate reporting rules aimed at increasing transparency of the tax practices of multinational companies are about to take effect.

An Australian accounting business wanted to generate more opportunities and smooth out its monthly revenue. Here is their analysis and the actions they’ll take, which could be of value to many firms.

Gathering information from Clients is a critical stage of the workflow process and, when done well, can have a very positive impact on efficiency.

Different forms of value have different meanings, and these differences are crucial for valuation practitioners, legal professionals in commercial disputes, business leaders in financial decision-making and for financial...

In recent years, we have seen a notable rise in legal proceedings that require quantifying an account of profits in addition to damages, either by independent experts engaged by the plaintiff or defendant or joint or court-appointed experts.

A forensic accountant typically analyses accounting or financial data in a dispute or investigation context to investigate or quantify a financial issue.

Consulting experts play large, but often invisible roles in assisting their clients.

Business growth expert Mark Calleja joins The Cut to discuss why many SME owners remain trapped at the seven-figure plateau despite working harder than ever. Drawing from practical experience, he reveals the operational blind spots, cashflow mistakes, and mindset barriers that prevent businesses from scaling beyond their current limitations.

Facing overwhelming debt can feel isolating, but understanding your options is the first step toward financial recovery. Whether you're considering informal repayment arrangements, formal debt agreements, or bankruptcy, each pathway offers distinct advantages depending on your circumstances. This comprehensive guide breaks down the three main personal insolvency options available in Australia, helping you determine which solution best fits your financial situation.

Voidable transactions undermine the equitable distribution of assets in the administration of an insolvent company.