If accountants ever needed reminding that 2020 is indeed a strange year, look no further than the fact that the 2020 Federal Budget will be brought down on Tuesday, 6 October rather than the traditional “second Tuesday in May”.

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The unlawful release of thousands of files from the U.S. financial intelligence unit’s database will shine a spotlight on the effectiveness of the international anti-money laundering (AML) regime, according to consultants with decades of experience in global banks and law enforcement agencies.

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The changing requirements for reporting directors’ fees have intersected with COVID-19 economic stimulus measures, activity statement reporting and Services Australia increasing potential compliance risks. Several issues have arisen which demand attention.

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What does digital transformation mean? Digital transformations within an organisation usually starts with an ambitious vision, and many issues in risk and compliance need to be considered to make the…

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