We're a Baker Tilly network member
About Baker Tilly
Contact us

Accounting for customer incentives (volume rebates and loyalty programs)

By

Key points  Volume rebates and customer loyalty programs are accounted for under AASB 15  Careful consideration of these are required as they impact the recognition of revenue and liabilities  Applying AASB 15 often involves significant judgement, and entities should seek expert advice for complex or unique circumstances  Many inventory-based businesses offer customers a number of incentives to enhance customer loyalty. This article considers two common arrangements, being volume rebates and customer loyalty programs, and the […]

Jeff Ahn

By

With over a decade of experience as a Chartered Accountant, Jeff has built a reputation for being more than just a technical advisor, he’s a trusted partner to the clients he works with. Specialising in business and income tax advisory, as well as employment tax services, Jeff supports privately held groups and large corporations by […]

Podcast: Strategic wellness to improve your business

By

Peter is a Partner at Pitcher Partners Melbourne. Peter works with growing Australian businesses and helps them navigate the complexities of scaling up while maintaining strong foundations. His experience spans strategic planning, business advisory, and understanding what it takes for companies to attract investment and compete in today’s market. Peter combines empathy with his extensive […]

Death duties in Australia: What you need to know

By

Key points Australia does not have a formal estate tax regime, but superannuation death benefits can result in tax payable for certain beneficiaries.   Be smart and plan ahead to help maximise family wealth.  When it comes to estate planning, many Australians are surprised to learn, unlike the USA and UK, Australia does not have a […]

Accounting for customer rights (returns and warranties)

By

Key points Customer rights to return products and extended warranties are accounted for under AASB 15 Careful consideration of these are required as they impact the recognition of revenue, assets and liabilities Applying AASB 15 often involves significant judgement, and entities should seek expert advice for complex or unique circumstances. Many inventory-based businesses offer customers a […]

Revamping the P&L under AASB 18: Impact for asset investors

By

Key points AASB 18 introduces new presentation and disclosure requirements for for-profit entities from 1 January 2027. Entities investing in assets must classify certain income and expenses in the operating category. Classification of income and expenses depends on the entity’s main business activity AASB 18 Presentation and Disclosure in Financial Statements first applies to for-profit […]

Adele Smith

By

Adele Smith is an Audit and Assurance professional with extensive experience delivering high-quality external audit and assurance services across a wide range of industries. She has advised ASX-listed entities, public companies, large and small proprietary businesses, and not-for-profit organisations.  Adele combines strong technical expertise with broad industry knowledge and a collaborative, proactive approach to understanding […]

Minny Talasch

By

Minny is a Chartered Accountant and SMSF specialist. She has over 15 years’ experience in the Private Business and Family advisory team specialising in Self-Managed Superannuation. Minny predominately works with high-net worth families and enjoys getting to know them and their next generation to tailor her service based on their needs. Striving to achieve the […]

Anthony Kazamias

By

Anthony joined Pitcher Partners in 2020, after beginning his career in a Big 4 firm in Australia and spending time in an industry role. Anthony is a Partner at Pitcher Partners Brisbane and has over a decade of experience working closely with clients across a broad range of industries and organisation sizes, spanning the not-for-profit, […]

Thank you for you interest

How can we help you?

Business or personal advice
General information
Career information
Media enquiries
Contact expert
Become a member
Specialist query
Please provide as much detail to ensure appropriate allocation of your query
Please highlight a realistic time frame that will enable us to provide advice within a suitable and timely manner. Please note given conflicting demands with our senior personnel, we will endeavour to respond to you within the nominated time frame. If you require an urgent response, please contact us on 03 8610 5477.
Responses to queries submitted via this form (“Response”) are produced by Pitcher Partners Advisors Proprietary Limited and are prepared for the exclusive use and benefit of those who are invited, and agree, to participate in the CRITICAL POINT NETWORK service. Responses provided, or any part thereof, must not be distributed, copied, used, or relied on by any other person, without our prior written consent. Any information provided is intended to be of a general nature and prepared without taking into account your objectives, circumstances, financial situation or particular needs. Any information provided does not constitute personal advice. If you act on anything contained in a Response without seeking personal advice you do so at your own risk. In providing this information, we are not purporting to act as solicitors or provide legal advice. Any information provided by us is prepared in the ordinary course of our profession and is based on the relevant law and its interpretations by relevant authorities as it stands at the time the information is provided. Any changes or modifications to the law and/or its interpretation after this time could affect the information we provide. It is not possible to guarantee that the tax authorities will not challenge a transaction or to guarantee the outcome of such a challenge if one is raised on the basis of the information we provide. To the maximum extent permitted by law, Pitcher Partners will not be liable for any loss, damage, liability or claim whatsoever suffered or incurred by any person arising directly or indirectly out of the use or reliance on the information contained within a Response. We recommend you seek a formal engagement of our professional services to consider the appropriateness of the information in a Response having regard to your objectives, circumstances, financial situation or needs before proceeding with any financial decisions. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.
CPN Enquiry
Showing 0 results
Business Radar 2025
Dealmakers 2025
Not-for-profit survey 2025
Search by industry