Insights
Summer
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Clarity
out
now
Insights
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
Insights
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
Press Releases
Leading audit, accounting and tax firm PKF has announced its expansion in North Queensland with the opening of a new office in Townsville’s CBD. Leading PKF North Queensland in the Townsville office will be Audit and Assurance Partner Tim Follett, who recently relocated to Townsville from Brisbane. Tim has family...
Tim Follett
Partner
Townsville, Brisbane
Insights
The recent reporting season has seen many Not-For-Profits (NFPs) ask the question ‘what impact will the COVID-19 pandemic have on my financial statements?’ The pandemic has significantly increased levels of uncertainty in the economy coupled with inherent levels of uncertainty in financial reports, leading to uncertainty on uncertainty. While those...
Tim Follett
Partner
Townsville, Brisbane
Press Releases
PKF Brisbane has announced the appointment to their partnership group of home-grown young talent, Mr Tim Follett. The appointment of Tim as Partner in its Audit and Assurance division follows a period of strong growth in the audit practice. This growth mirrors that also achieved in the firm’s tax consulting...
Insights
AASB 139 Financial Instruments: Recognition and Measurement previously required impairment allowances be measured according to an incurred loss model. Under this model, the recognition of credit loss allowances was triggered by loss event subsequent. However, the new AASB 9 Financial Instruments (applicable for reporting periods beginning on or after 1...
Tim Follett
Partner
Townsville, Brisbane