2023 Update: Australian Tax and Financial Reporting

Stay up-to-date on all the latest tax and financial reporting developments to remain compliant and avoid costly penalties.

From amendments to homeworking expenses to the application of new financial reporting standards, this course looks at important accounting updates for you to get to grips with in 2023. You will evaluate key developments across tax, superannuation and financial reporting to give your clients the latest advice on the issues important to them. You will also cover new sustainability-related financial reporting standards, which will soon be applied by some Australian businesses.

Contents:
• Tax
• Superannuation
• Financial Reporting
• Sustainability

Upon satisfactory completion of this activity, you will be able to:

• Get up to date with recent changes to tax and their impacts on individuals and businesses.
• Understand superannuation updates, including to the superannuation guarantee and the general transfer gap.
• Implement financial reporting changes to preparing Special Purpose Financial Statements and classifying current and non-current liabilities.
• Revise the upcoming IFRS sustainability standards and how to support carbon performance management in your organisation.

Benefits
After completing the course, you will be up to date with the changes to tax and how they impact businesses and individuals. Understand superannuation updates including superannuation guarantee.