PKF Australia

Accountants and Business Advisers

Our Blogs

05 05 2020

NFP Update – how to support those who support us during a crisis

COVID-19 has not discrimated and the the not-for-profit sector is fighting to survive in the current climate. The importance of these organisations is paramount and sadly, now more than ever, these amazing charities are needed for their support and services. How can we help those who help us?

30 04 2020

Top Tips: Risk Management Basics In A Time Of Crisis

In the absence of business continuity plans, businesses still need to consider forming crisis plans and ensuring that they have a crisis team in place. Some tips to responding to this crisis are detailed by PKF Integrity Principal, Wayne Gilbert.

30 04 2020

Planning For Continuity In A Crisis

Insurers and in particular financiers, are increasingly making enquiry of business to ensure that they have specific Pandemic related plans in place to address not only the unique risks posed by COVID-19, but to also address the risk of any further pandemic related events into the future. This could become a mandated part of doing business in the future.

30 04 2020

IT Risk Management For Your Remote Workforce

Be more vigilant on the look the out for phishing emails and sites. Empower them with the knowledge of the risk so they know how what to look out for. The Coronavirus scare is the perfect mechanism for cybercriminals to leverage and trigger that emotional response.

30 04 2020

Drawing Positives From A Tough Situation

The pace and severity of COVID-19’s impact had caught all of us in business by surprise and challenged the way we have traditionally operated. It also presents an amazing opportunity for business to challenge the traditional paradigms.

24 04 2020

Forensic Investigation and Risk Consulting Services in the COVID-19 Environment

Late last year, when COVID-19 was just starting to emerge in China, we were engaged by a lawyer in Queensland to assist a client in the education sector investigate allegations of misconduct made against a principal at a private school. At that time, due to resourcing and cost constraints, we conducted the investigation from Melbourne.

23 04 2020

Professional Services Focus: Is your hibernation plan exposing you to more pain?

The overwhelming sentiment of businesses in the current environment is one of cautious optimism. An optimism that there will be light at the end of the tunnel, and we need to hold on in the meantime. Many of us have asked a question that humans have not had to ask for hundreds if not thousands of years: how do we hibernate? The hibernation we are contemplating is very different to that of our ancestors. It contemplates sustaining cash flow, retaining employees and pivoting to generate income. The most publicised of these hibernation levers has been retaining employees.

22 04 2020

Corona Crisis - Finding The Way Forward

The outbreak of COVID-19 has plunged many businesses into challenging and unprecedented times. In such times, negativity and fear can be the order of the day and it is difficult to look forward and be optimistic about the future. In the depth of any crisis, upsides can be difficult to find and it is very easy to become overwhelmed by all the negatives.

22 04 2020

Claiming ‘working from home’ expenses

Working from home has beneficial tax implications. Learn more about the ATO short cut method.

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