Landmark climate reporting legislation now in Parliament
On Thursday 27 March 2024 landmark climate reporting legislation was introduced into the House of Representatives in Schedule 4 to the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth). The requirements in the Bill are essentially the same as that reported in our recent article on the draft legislation, except for […]
Marius van der Merwe
Marius serves as the Executive Director within the Business Advisory and Assurance team at Pitcher Partners Perth. With over 20 years of experience as a chartered accountant in a professional practice environment, Marius brings extensive expertise across a full spectrum of business advisory services to his clients. His qualifications and experience provide clients with the […]
Nathan Balban
Nathan has extensive experience in audit and corporate advisory services, with strong technical-accounting expertise, financial literacy and commercial acumen, across broad industry sectors including retail, manufacturing and consumer business. This expertise was predominantly gained while working in Big 4 accounting firms. Strategically focused and skilled in providing insight and advice to C-Suite executives, Boards and […]
Get your accounting policies in order
For the first time for December 2023 balance dates, we should start to see financial statements becoming more streamlined and contain more useful accounting policy information.
Disclosure of Material Accounting Policies (January 2024)
Climate reporting – draft legislation issued for mandatory reporting
On January 12 2024, the Treasury released its draft legislation Climate-related financial disclosure. This is a significant (and costly) reform to implement the Government’s commitment to provide Australians and investor with greater transparency.
Scope 3 emissions: Building a resilient supply chain doesn’t happen overnight
The August profit reporting season was fruitful for Coles Group, which recorded a surge in revenue to post an annual profit to $1.1 billion, a 4.8% rise from the previous year. But the supermarket and retail giant also made another statement in August that was much less reported – its Scope 3 emissions supplier engagement target. It was a significant move by Coles, who stated they intend to set sustainability targets with at least 75 per cent of its suppliers over the next four years.