Scams are on the Rise

Scams are on the Rise

Protect Your Information The ATO has seen an increase in scams targeting individuals’ personally identifiable information (PII).In 2022, a person’s birthdate was the most common piece of PII divulged to scammers. Nowadays, scammers are getting their hands on far more...
Are your Business Records Compliant?

Are your Business Records Compliant?

Record Keeping Practices Maintaining accurate and complete records is paramount for the success and sustainability of your business. Proper record keeping practices are not only essential for compliance but also serve as the backbone of informed decision making and...
Fair Work: Changes to Casual Employment

Fair Work: Changes to Casual Employment

Note:  These changes start on 26 August 2024 What is a Casual Employee? A new definition of ‘casual employee’ will be introduced to the Fair Work Act. Under this definition, an employee is only a casual if: there isn’t a firm advance commitment to continuing and...
Director ID & Penalties for not Applying

Director ID & Penalties for not Applying

Directors Who Have Not Met Their Obligations The Australian Business Registry Services (ABRS) continues to engage with directors who haven’t met their obligations, and if you are a director of an organisation that has yet to apply for a Director ID, you may be...
Understanding Your P&L

Understanding Your P&L

UNDERSTANDING FINANCIAL STATEMENTS Mastering the art of reading P&L reports is crucial for making informed business decisions and driving financial success. By understanding the key components and interpreting the data effectively, you can gain valuable insights...