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Showing 81 - 90 of 224 results for "Financial Report"

HESTA awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
One of Australia's largest super funds, $60 billion industry fund HESTA, has selected a software-as-a-service platform to manage its finance operations. TechnologyOne was selected by the fund to streamline financial reporting, with the aim of allowing ...

GQG Partners adds to team

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
GQG Partners has expanded its Australian presence with three appointments, building out the team to eight. Alison Smith has joined as compliance officer from MLC where she was compliance manager - asset management. Prior to this, she was principal at ...

CountPlus profit down 53%

ANNABELLE DICKSON  |  TUESDAY, 23 FEB 2021
The ASX-listed advice and accounting group posted a significant drop in net profit from $11.9 million to $5.5 million in its half-year results. Released today, the results also show adjusted net profit attributable to shareholders jumped 65% to $4.1 ...

Fund manager charged with defrauding investors

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
A fund manager has been charged with misappropriating over US$7 million from retail investors who he had duped into believing he was an experienced and successful investment manager. The Securities and Exchange Commission in the US charged Eric Malley ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... financial reports or 27% in the 179 audit areas it reviewed. Deloitte failed to obtain reasonable assurance that a financial report was free of material misstatement in nine of the 26 key areas reviewed. For one entity, Deloitte failed to audit fee revenue ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
About 5000 charities will see easier financial reporting requirements from mid-2021, as the Federal Treasury amends the rules. The Council on Federal Financial Relations (CFFR) has agreed to develop a framework by mid-2021 to lift the reporting threshold ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... million in superannuation contributions to the majority of current and past workers affected, according to its FY20 financial report. About 415 employees have been overpaid an estimated $7.1 million. The NT government flagged the bungle in December 2019 ...

Northern Trust scores $20bn mandate

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
Northern Trust has been awarded a $19.8 billion pension fund mandate by a leading retailer, replacing a longstanding partnership with State Street. Marks & Spencer's Pension Trust appointed Northern Trust to provide asset servicing solutions, such ...

New requirements for SMSFs

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Australian Taxation Office has announced new accounting requirements for SMSFs, which will come into effect 1 July 2021. New accounting standard AASB 2020-2 has been released by the Australian Accounting Standards Board (AASB) and will come into ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced ...