News and updates

Preparing financial statements can be a painful, yet necessary, compliance exercise for most organisations, big and small. It can take up valuable time and resources, yet financial statements not only tick the box for compliance, they also serve as a very important...

On 2 May 2018, the Australian Securities Exchange (‘ASX’) Corporate Governance Council (‘the Council’) released the consultation draft of the fourth edition of its Corporate Governance Principles and Recommendations (‘the Principles and Recommendations’). The...

The Notifiable Data Breaches (‘NDB’) scheme established under the Privacy Amendment (Notifiable Data Breaches) Act 2017 came into effect on 22 February 2018. The NDB scheme requires organisations to notify the Australian Information Commissioner and affected...

The timely preparation of succinct and accurate meeting minutes is one of the main duties of a company secretary. The minutes provide a continuing, permanent official record of the business transacted at every meeting. The Corporations Act (section 251A(1)) legislates...

It is once again reporting season for those preparing 31 December 2017 half-year or full-year accounts. Fortunately, for most entities there are only minor changes to accounting standards that could potentially impact on their financial statements. Below is a summary...