by admin | Sep 6, 2019 | News & Analysis
NSW Police has advised that the public should not allow unknown people to remotely access their computer which will let them access banking and email data....
by admin | Sep 6, 2019 | News & Analysis
Ms Elaine Ayoub was disqualified from managing companies for a period of five years. It was found that BAS and income tax returns were not lodged, companies were trading whilst insolvent, financial records were inadequate and she did not discharge her duties as...
by admin | Sep 6, 2019 | News & Analysis
Australia’s competition regulator the ACCC has strengthened its cartel immunity and cooperation policy – and launched a whistleblower tool to facilitate anonymous reporting of cartel activities....
by admin | Sep 5, 2019 | News & Analysis
In the most recent annual inspections of the U.S. arms of the Big Four for which the oversight board has reported results, inspectors found that each firm botched at least 20% of their audits. In some cases, they were so bad that the accounting firms had no business...
by admin | Sep 4, 2019 | News & Analysis
Many banks have “non-monetary default” clauses in their loan contracts, particularly for business customers. ASIC is taking Bank Of Queensland, Bendigo and Adelaide Bank to court, alleging such clauses are unfair and should be unenforceable. There are no...
by admin | Sep 3, 2019 | News & Analysis
Australian banks and credit unions will have increased pressure to tighten controls and security PayID systems as their transactional systems are secretly penetration tested. This is to find deficiencies and stop fraud....