Insights

Understanding and navigating family dynamics in farm succession

Family dynamics are at the heart of farm succession planning, where relationships, roles, and expectations among family members can significantly influence the success or failure of the transition process. Ensuring a harmonious handover not only safeguards the farm's future but also maintains family unity.

Steve Meyn

Chairman

Australia

Clarity shutterstock 662881189 lessons learned from SVB collapse

Insights

Know your financial risk: Lessons from the Silcon Valley Bank collapse

What just happened? “The news of a bank collapse always sends shockwaves through the financial world, stirring up concerns and triggering memories of the 2008 Global Financial Crisis. While the collapse of Silicon Valley Bank may seem like an isolated event caused by unique circumstances, it serves as a massive...

Maritsa Hugo

Insights

The difference between equity and equality

Quite often, the terms ‘equity’ and ‘equality’ are used interchangeably, however there are subtle yet important differences that are useful to understand as we – as individuals and as organisations – seek to attract and retain talented people, and advance as employers of choice. The Cambridge Dictionary defines equity as...

Kym Reilly

Partner

Sydney, Newcastle

Insights

Insights from the education sector

Education providers are complex organisations, faced with unprecedented challenges by an array of stakeholders, including students, staff, parents, governments (often several layers), community members and the media. It seems everyone has an opinion on the best way to educate our population, both young and old. Across PKF Australia and New...

3 contributors

Tamworth, Sydney, Adelaide

Insights

Not for profit update: How to support those who support us during a crisis

Like most industries, the not-for-profit (NFP) sector is feeling the devastating effect of the COVID-19 pandemic. In a perfect world, the importance of these organisations is paramount. Community groups and people in need turn to them for financial support, stability, friendship and quite simply, their help. NFPs have always been...

Antoinette Tatarelli

Managing Partner

Adelaide

Insights

Claiming ‘working from home’ expenses

As we follow physical distancing measures, dining tables around Australia have become makeshift work spaces. Those who are not accustomed to working from home may not know that there are beneficial tax implications. You are able to claim an income tax deduction on various expenses associated with earning your income...

Nicole Peterson

Partner

Adelaide

Case Studies

Gilbert Motors: Putting Tom and Sally behind the steering wheel for business growth

PKF has supported a number of long-term clients through the transition from one family generation to the next, allowing for a smooth transition to ensure the success of the business and continued growth. In 2019, our PKF Adelaide team supported car dealership Adelaide Hills Toyota in the transition of the...

2 contributors

Adelaide

Case Studies

JumpStart: PKF Business Advisory Services power up JumpStart to get to where they want to go faster

When Edward Juers’ business venture, JumpStart, began to gain real momentum, he knew that he had to leave behind his basic accounting support for a more sophisticated and expert approach to growing his business. Establishing a start-up from idea to fruition and then ensuring it continues to grow comes with...

Nicole Peterson

Partner

Adelaide

Insights

AASB 15 revenue: Time to act is (almost) over

Reporting entities that are producing general purpose financial statements should now be adopting the requirements of AASB 15 Revenue from Contracts with Customers as it applies for financial years commencing 1 January 2017 (i.e. 31 December 2018 and 30 June 2019 financial statements). Recently, there was a timely reminder of...

Insights

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Steve Meyn

Maritsa Hugo

Kym Reilly

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Antoinette Tatarelli

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Nicole Peterson

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