Tag · 3 stories
#Corporations Act
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Locked ◆
Not-for-profits to be hit by new accounting standards
A change in accounting standards means not-for-profit bodies like schools, churches and charities may unwittingly be in breach of the Corporations Act. The new standard takes effect from the end of the year. It requires not-for-profit entities that control funds in subsidiary bodies to produce a consolidated financial report. In its financial reporting, this means […]
Joe Kelly · 2 min
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Legal ◆
‘Golden handshakes’ lose their shine
With the first anniversary of Corporations Amendment Act (2009) just around the corner, employers are being encouraged to review their executive employment contracts.
Paul Hayman · 2 min
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Cashflow ◆
Suspected breaches of Corporations Act up 40 percent
Auditors have reported a 40 percent increase in suspected breaches of the Corporations Act to the Australian Securities & Investments Commission in the last financial year.
David Olsen · 2 min