The ABC recently reported the shortage of service staff in some regional areas, with concerns about employee price rises in times of scarcity in these regional areas. The current employment market has been de-stabilised by Australian border controls preventing the free movement of international workers on temporary assignments, along with State border controls reducing the free flow of workers across …
The distributed ledger future: Recording transactions without an accountant
The impact of governments across the world pushing large amounts of currency into their economic markets has created a unique situation, of which the ramifications will not be known for many years to come. At the same time, countries are unique in terms of their approach to covid in terms of lockdown, vaccination approach and herd immunity. With these black …
Australia, the race to digital for Australian compliance accounting firm owners is now critical.
More recent news with Australia’s actions on Coronavirus notes the vaccination rates continue to be of concern, that Australia may turn into a hermit kingdom, and the powers in Authority have shown they are comfortable putting nearly half of Australia into lockdown. In the spate of recent lockdowns, there has also been recent news articles at the movement of Australians …
APES 305 : Disclosing outsourcing provider, geographic location and nature/extent of outsourced services.
The new APES 305 on Terms of Engagement became effective 1 July 2021, as per this link è https://apesb.org.au/standards-guidance/terms-of-engagement/ The most challenging new requirement (where Outsourced Services will be utilised) is that the Member must document and communicate to the Client: the details of the Outsourced Service provider, the geographic location of where Outsourced Services will be performed and the …
Wage Growth and How It’s Going To Affect SMEs
During this past week, the new South-East visa scheme was announced as part of the UK-Australia free trade agreement. The idea behind this agreement is to allow workers from South-East Asia countries to come to Australia to help out farmers with harvesting due to the shortfall of workers. Meanwhile, UK backpackers will no longer be required to carry out 88 …