Accounting & Markets

Financial Crime is on the Rise

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Entrepreneurship

Innovation in Finance

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 […]

Members Area

AUSTRAC Expands Civil Penalty Case Against CBA

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. […]

Accounting & Markets

Fair Work Ombudsman Secures First Accessorial Liability Penalties Against an Accounting Firm

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. […]

Accounting & Markets

What’s Challenging Today’s Finance Leaders?

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? […]