PKF Australia

Accountants and Business Advisers

Our Blogs

31 08 2017

Securing your Family's Future

The recent news of Hurricane Harvey sweeping through Texas, United States, has been a timely albeit devastating reminder to us here in Australia about the importance of risk mitigation and disaster management.

28 08 2017

Plan your business sale and reap the rewards

At this time of year, the full year financial results start to roll in and the magnitude of what people have created with their business becomes evident. After the high fives have finished and the celebrations die down, talk turns to the future and often the question “should I sell?” comes up.

17 08 2017

6 simple steps to a better business

How often does the sexy stuff like attracting new customers, corporate image or customer satisfaction take all the airtime when you talk about growing the value and profitability of a business?

17 08 2017

What’s missing in your life? Why don’t you have everything you want?

We talk a lot about the importance of goals and how they should be written down, visible, shared with others etc. You know that by doing those things, your chance of attaining those goals increases out of sight but it’s really only part of the picture.

17 08 2017

Face your fear – bump up your top line

It’s a question that keeps many business owners awake at night; Why are they failing to receive the full reward for the value that they provide? Why can others charge more than they do and why are others reaping the rewards when their product is the same or even inferior?

17 08 2017

Transfer pricing

Driven by budget squeezes, and growing pressure from tax paying Australians, the Australian Tax Office has its cross hairs on international transactions between related entities, and is subsequently obtaining greater scrutiny from the auditor…

17 08 2017

Non-Compliance with Laws and Regulations – Not just the auditor’s responsibility

Every day we read about corporations and those running corporations breaching the law. Any professional accountant (in commerce, industry or practice) will soon have clear responsibilities and obligations if they become aware of, or suspect, that a breach of the law is occurring in their organisation.

17 08 2017

Fraud in procurement

Procurement fraud often occurs when there are either insufficient, weak or unenforced controls in place within an organisation.

17 08 2017

Wage underpayment – no franchise is immune

The Australian Franchising industry employs 460,000 people across 1,160 franchisors. Many of these workers are students and recent arrivals to Australia on visas with little understanding of employment laws or the concept of award wages, leaving them ripe for exploitation by franchisees.

17 08 2017

Driving Customer Value With Data Analytics

Data analytics is the key to understanding your customers’ behaviours, identifying new opportunities and reactivating previous customers that have been inactive in order to drive greater value from your customers.

17 08 2017

Dealing With An ATO Tax Audit

An ATO tax audit can be extremely daunting and the onus is on the tax payer and their accountant or independent third party consultant to provide sufficient evidence to the ATO.

17 08 2017

Investors In Business Want Their Dividends Paid

The moral of the story is simple; every business, new or old, must be able to show that every dollar invested into it returns more than a dollar on that investment. If it can’t it is on borrowed time.

17 08 2017

Business Interruption: Communication And Cash Flow Are Keys To Recovery

Most people and financial institutions are willing to provide support and indulgence to allow business to recover but want to know the impact and recovery time so that they know how it will affect them.

17 08 2017

Investors Looking For Attractive SME Business

These investors are supportive of facilitating the transition of the existing owner from the day to day management of the business to a broader oversight role as a director and more passive shareholder in the business.

03 08 2017

Why Risk Your Hard-Earned Wealth?

The key to developing an effective Asset Protection Plan is to do it early, and seek the right advice. It is best to implement a plan while everything is going well – not to wait until financial difficulties are imminent.

03 08 2017

Parental leave and finances for your expanding family

Having a baby? Start panicking now?

02 08 2017

When Investing In Shares, Timing Is Everything

The message here is that timing markets is very difficult and can catch many ‘experts’ out, as the past 12 months has shown. If you sell your shares when markets are volatile, often you will miss out on the recovery, which can come when least expected and can be very rapid.

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