Disappointing customers: limiting liability
From piperalderman.com.au: A recent class action settlement involving Carnival plc, related to a cruise disrupted by adverse weather conditions, highlighted the challenges of claiming … read more
Month: March 2025 AWST
Directors’ duties: ASIC
From asic.gov.au: ASIC is working to simplify regulations and encourage greater technical expertise on boards, particularly in areas like technology and data management.
Failures … read more
Selling the family home guide
From www.moneymag.com.au: When selling the family home, most homeowners are exempt from paying CGT on the profit from the sale, provided the property qualifies … read more
ASIC launches consultative group to simplify regulation
From www.themandarin.com.au: ASIC has formed a Simplification Consultative Group to streamline regulatory compliance and reduce burdens on businesses, directors, and consumers.
ASIC chair Joe … read more
Fintech SaaS execs discover the enemy within, and it’s AI
From www.accountingtoday.com: Fintech companies face a dilemma as they integrate artificial intelligence into their products, which can reduce the need for human workers, thus … read more
Load up on laptops, and other accounting tech stories
From www.accountingtoday.com: (US context) Acer plans to raise laptop prices in the U.S. due to new tariffs, prompting advice to purchase laptops soon.
Cybersecurity … read more
Mastering EOFY: insights and strategies
From www.myob.com: The end of the financial year is critical for New Zealand accountants and bookkeepers, providing opportunities to ensure compliance and optimize workflows … read more
Trust But Verify (With A Minimum Investment Amount)
From www.investmentlawwatch.com: (US context) On March 12, 2025, the SEC staff issued a no-action letter regarding offerings under Rule 506(c) of Regulation D, confirming … read more
Reporting Regulation and Corporate Innovation
From www.sciencedirect.com: Mandatory financial reporting in Europe negatively impacts corporate innovation by reducing the number of innovating firms and average innovation spending, particularly among … read more
Overcoming challenges in auditing compliance
From www.smsfadviser.com: (Podcast) Discussion of the challenges auditors face during the current auditing season, particularly with the ATO’s heightened scrutiny of compliance.
Includes maintaining … read more
ATO flags FBT target areas for 2025
From www.accountantsdaily.com.au: The ATO has identified common errors employers make regarding fringe benefits tax (FBT), particularly around vehicle classification and logbook accuracy.
Employers often … read more