PKF insights provide business leaders with the knowledge, information and guidance they need to navigate the complex challenges they face each day.
Three Lines Model – No longer a defence
In our experience, not many organisations are aware of the new model and still refer to the Three Lines of Defence Model. Few have formally reviewed the new Three Lines Model and considered its implications.26 October 2021
Aged Care providers are used to dealing with acronyms – now they have a new one to learn.
Now is not the time for Residential Aged Care providers to get complacent with ACFI however, remember this will remain the basis for funding for the next 12 months, and whilst assessment processes are changing, comprehensive clinical documentation will help ensure that a Resident is assessed accurately and supports the funding outcome. Amber Witherdin and Cameron Bradley discuss what Aged Care providers should be considering.26 October 2021
Are you in Control of your Cloud Computing Arrangements?
Recently, the IFRS Interpretations Committee (IFRIC) has released decisions regarding the treatment of costs associated with SaaS agreements, to clarify the accounting associated with this style of arrangement.26 October 2021
Terrorism finance risk
Intelligence rises at AUSTRAC
Within the last 12 to 18 months, AUSTRAC have repeatedly advised that they expect organisations to go through their Fintel Alliance and other publications with a ‘fine tooth comb’.26 October 2021
Pulse - Summer 2020
Well what a year 2020 has been, one that none of us will forget. I am sure we will all look back on this period and take from it learnings about business and life as we were accustomed to but equally the positive lessons in life that it has delivered. As I recently read “2020 is not the year to get everything you want but the year to appreciate everything you have”. With Christmas less than a month away not a bad thought to reflect on for us all.9 December 2021
Audit & Assurance
Clarity - Spring 2021
Our aim is to deliver greater clarity and understanding to our clients on the current and emerging accounting and audit issues. We also look to provide thought leadership and share our knowledge and expertise, in areas that will solve problems and create solutions for clients.26 October 2021
Pulse - Spring 2021
Spring has officially sprung, bringing us warmer and brighter months to look forward to.
With only three months left of 2021 and a roadmap out of the current COVID restrictions, we look to the future with hope. With New South Wales on the verge of 80% of people fully vaccinated and talk of international travel on the cards by Christmas, it is positive to see some light, shining on the other side of the COVID tunnel.13 October 2021