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Every small, medium and indeed, large organisation you talk to highlight “innovation” as a key initiative. But what is innovation, and how does innovation relate to the normal finance function, especially in a fluid, management […]
A further 100 alleged contraventions against the Commonwealth Bank of Australia (CBA) have been filed in Dec by the Australian Transaction Reports and Analysis Centre (AUSTRAC), the Government’s financial intelligence and regulatory body, adding to the current civil penalty proceedings. […]
The Australian Criminal Intelligence Commission (ACIC) released the Serious Financial Crime in Australia 2017 report, which highlights the sophistication and complexity of serious financial crime facing Australia.
Last year the Fair Work Ombudsman has for the first time used accessorial liability laws to obtain penalties against a professional services firm for knowingly helping one of its clients exploit a vulnerable worker. Victorian accounting firm Ezy Accounting 123 Pty Ltd has been penalised $53,880 after the Federal Circuit Court found earlier in the year that it facilitated underpayments by its client, fast food operator Blue Impression Pty Ltd. […]
Adopting new technologies is the biggest business challenge facing today’s finance leaders and while accounts payable is most likely to be taken over by automation, risk management will remain safe.That’s the view of 374 Australian & New Zealand finance leaders, who share their perspectives in a new report by recruiting experts Hays, What’s Challenging Today’s Finance Leaders? […]