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Your first audit: Practical steps and top 10 accounting issues

Key points: Early preparation is critical. It sets the foundation for a smooth first‑year audit. Technical uplift will require considerable time and effort. Applying Australian Accounting Standards (AASs) for the first time may require a reassessment of current accounting practices and can be time consuming. Unexpected commercial impacts can result. Applying AASs can have unforeseen impacts on […]

Mandatory climate reporting

From 1 January 2025, certain entities will need to prepare an annual sustainability report containing mandatory climate-related financial disclosures. Pitcher Partners can provide technical knowledge and expertise to guide you through the process of navigating the new requirements in a commercial and pragmatic manner. The Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act […]

Your first audit: What triggers an audit and what to expect

Key points Understand the requirements. Knowing the regulatory landscape and what an audit actually demands is essential for first-time success.   Expect a step-change. Moving into an audited environment brings new levels of discipline, governance and scrutiny that many organisations underestimate.  Navigate the challenges with the right support. The right auditor will guide you through […]

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