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Advisory Board Concerns

29th May, 2019

The trend for the formation of Advisory Boards for larger private companies has been gaining momentum in Australia over the last few years. We are being asked more regularly questions from Advisory Board members concerning whether they have Officers’ duties and liabilities

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Debt Collection, Setting Aside Pre-Liquidation Transactions and Safe Harbour

17th December, 2018

There is little point making a sale if you can’t collect the sale proceeds, and therefore it is vital to have an effective credit management methodology that permeates through all phases of the sales cycle. This methodology extends through new client acquisition, ongoing client relationship management and ultimately debt collection.

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Announcement of Two Key Promotions

2nd July, 2018

The Directors of Heard Phillips are delighted to announce the promotion of Alberto Comin to Associate Director and Chris Moody to Manager effective from 1 July.

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NOCLAR, Single Touch Payroll, Illegal Phoenixes, Contracts and Super Amnesty

29th June, 2018

NOCLAR is the widely used abbreviation referring to non-compliance with laws and regulations. The International Ethics Standards Board for Accountants (IESBA) has released an amending standard to the Code of Ethics for Professional Accountants to redefine the accountants’ role when laws or regulations are broken. The standard was developed to partially address ethical lapses that occurred during the global financial crisis in 2008 and became an effective international code from 15 July 2017.

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