From www.aicd.com.au: Directors should adopt a strategic approach to utilizing carbon credits and renewable energy certificates (RECs) as part of their corporate climate transition plans, particularly in high-energy-demand sectors.… read more
From www.aicd.com.au: New directors are advised to thoroughly prepare by reading board papers, understanding the company’s business, and aligning their personal values with the organization they represent.… read more
From www.holdingredlich.com: In December 2024, the Future Made in Australia (Guarantee of Origin) Act 2024 received Royal Assent, establishing the Guarantee of Origin (GO) scheme, which provides a government-backed framework for verifying emissions footprints of products and renewable electricity.… read more
From futurefirm.co: Virtual networking offers a simple and low-cost strategy for firms to enhance their marketing efforts by building trust and establishing expertise in online communities where ideal clients are present.… read more
From www.domain.com.au: Combined capital house prices increased for the ninth consecutive quarter, reaching a new record, while unit prices saw a slight decline.
Sydney and Melbourne are experiencing a potential turning point with consecutive quarterly gains, contrasting with a slowdown in most other capitals, where both house and unit price growth has moderated.… read more
From www.themandarin.com.au: CPA Australia has urged the Australian National Audit Office to improve the audit inspection process conducted by ASIC amid a significant decline in registered company auditors over the past two decades.… read more
From www.smsfadviser.com: Adviser Aaron Dunn warns against rushing to commute legacy pensions despite a recent debt waiver related to social security, advising to pause until the relevant legislative instrument is officially passed.… read more
From financialnewswire.com.au: A Chartered Accountants Worldwide report has found a strong interest among accountants to adopt artificial intelligence, with over 83% of younger accountants using AI tools regularly, primarily for productivity and data management.… read more
From smsmagazine.com.au: SMSF trustees are advised against altering their approach to unpaid present entitlements (UPE) from unit trusts following a recent court case (Commissioner of Taxation v Bendel) unrelated to SMSFs, which clarified the definition of a loan.… read more
From bdo.com.au: ASIC issued regulatory guidance to aid entities in crafting mandatory sustainability reports, detailing reporting obligations and content requirements, as well as offering relief options.… read more
From bdo.com.au: The guide outlines strategies for mitigating third-party risks through comprehensive due diligence and continuous monitoring.
It discusses the importance of technology and forensic services in enhancing risk management processes and fostering ethical business partnerships.… read more
From bdo.com.au: Sustainability addresses critical business challenges like risk management, cost reduction, and brand loyalty.
By integrating sustainable practices, companies can improve risk strategies, reduce operational costs, and attract both customers and talent.… read more
From bdo.com.au: Revenue, assets, and employee counts determine mandatory sustainability reporting, with guidance provided by ASIC’s RG 280.
Accurate measurement in these areas ensures compliance with sustainability reporting thresholds.… read more
From bdo.com.au: Australian subsidiaries of foreign parents must prepare individual sustainability reports unless an Australian parent entity elects to consolidate. … read more
From allens.com.au: The NSW Court of Appeal ruled that letters of comfort don’t make a company liable for debts admitted by a liquidator.
Liquidators’ admissions can’t create new company liabilities or change existing ones.… read more