Findex expands to offer Debt Advisory services alongside leadership team changes

Melbourne, AUSTRALIA — 04 June 2018 — Findex, Australia’s largest privately-owned accountancy and financial advisory firm, today announced an expansion of its corporate finance division with the launch of a new Debt Advisory sub-service line. Debt Advisory, delivered under the Crowe Horwath brand, will be led by newly appointed Associate Partner, Ben Upton.

Ben, who previously worked at St George Bank, is an expert in providing targeted debt advisory solutions in order to support business growth. He has 13 years of corporate and commercial business banking experience.

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Platinum Accounting joins Crowe Horwath in Burnie, Tasmania

Burnie, TAS – AUSTRALIA — 01 March, 2018 — Crowe Horwath, part of Findex, Australia’s largest privately-owned accountancy and financial advisory firm, today announced that Platinum Accounting, a strong and established firm in Burnie, has joined its network. As part of the union, all current Platinum Accounting employees have now joined the local Crowe Horwath team.

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Impact of AASB 124 Related Party Disclosures on Public Sector Entities

AASB 124 Related Party Disclosures came into effect on 1 July 2016 for not-for-profit public sector entities. The purpose of disclosures about related parties is that knowledge of an entity’s financial relationships with related parties may affect how a user of the financial statements assesses an entity, including the appropriateness of its transactions with, and exposures to, related parties.

Although many public sector entities, such as departments and statutory bodies, have been disclosing compensation paid to key management personnel (KMP) for many years, these disclosures will be new for some entities such as local governments.

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Getting ready for the auditors

The annual external audit of your entity’s financial statements does not need to be a stressful affair for staff and management.

Good planning and execution, as well as effective project management can make the audit process a smooth and efficient experience for you and your auditors.  Ultimately, ongoing and timely communication between the entity and its auditors is the key. Just as importantly, there must be good communication within the entity between the finance function, the operational areas in the entity, and between the board and management.

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Peter Gardiner appointed International Liaison Partner for Findex

Findex is pleased to announce the appointment of Peter Gardiner as the International Liaison Partner for Crowe Horwath Australasia.

Peter’s role will be to ensure that our Australasian clients seeking to develop their businesses internationally are provided with access to our international network of member firms. In addition, these executive teams will be supported through access to a diverse network of commercial contacts.

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