J O’Connor Pty Ltd blog provides practical guidance on audits, reviews, governance, and financial reporting issues commonly faced by incorporated associations and community organisations.
What Is My Financial Year End?
What is your financial year-end? Learn how financial years work in Australia for individuals, companies, charities and incorporated associations.
The 5% Rule and Materiality
What is materiality in auditing and does a “5% rule” really exist? Learn how auditors use professional judgement to assess material misstatements, governance risks and financial reporting issues.