The Government has recently released a set of proposals for crowd-sourced equity funding. The consultation paper, released by Minister for Small Business Bruce Billson, proposes how the government plans to allow public companies to access crowd-sourced equity funding.
On Wednesday the 12th of August ESV held its second annual Business Owners Event for 2015. Valued clients and guests of ESV were invited to hear the incredible leadership story of Lieutenant General Ken Gillespie, former Chief of the Australian Army.
Businesses could be hit with significant increased tax liabilities and additional compliance costs if changes to an obscure tax law are ultimately enacted. The change in the tax law was flagged back in May 2013, however, draft legislation was not released until recently.
Earlier this year the International Auditing and Assurance Board (IAASB) issued its new and revised suite of reporting standards. Included in the changes is a brand new standard, ISA701 – communicating Key Audit Matters in the Independent Auditor’s Report, which will become effective for new audit reports for financial periods...