PROFESSION • By Amelia McNamara

Independent KPMG report confirms culture, governance and accountability deficiencies

KPMG’s response to the whistleblower matter has been identified as misguided, fragmented, prolonged, and often lacking clear ownership, following a whistleblower’s disclosure of unethical conduct and a poor speak-up culture.

Consultation a ‘tick-the-box’ exercise: Industry pokes holes in trust tax bill

The minimum tax on discretionary trusts bill has continued to ruffle feathers among tax professionals around the lack of consultation and technical issues.

PROFESSION • By Malavika Santhebennur

Best of corporate accounting crowned at Corporate Accountant Awards

The top performers in corporate accounting have been named as winners in the second annual Corporate Accountant Awards.

PROFESSION • By Malavika Santhebennur

ASIC issues $4m worth of infringement notices to 21 Visy and Pratt group companies

Twenty-one Visy and Pratt companies have received infringement notices, each worth nearly $200,000, after the Australian Securities and Investments Commission found that they failed to lodge their FY2024–25 financial reports.

PROFESSION • By Carlos Tse

Accountants are putting off ML/TF risk assessment

Despite rating it as the new AML/CTF obligation they dread the most, a fifth of accounting and other businesses have not done their mandatory risk assessment, according to a survey.

PROFESSION • By Malavika Santhebennur

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