Tag: Corporations Act

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 […]

With the first anniversary of Corporations Amendment Act (2009) just around the corner, employers are being encouraged to review their executive employment contracts.

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.