2026-27 Update: Australian Financial Reporting & Regulation

This course will enable you to

• Review the eight obligations introduced by the Tax Agent Services (Code of Professional Conduct) Determination 2024
• Summarise the key new requirements of Payday Super
• Discuss the ATO's compliance approach for the first year of Payday Super
• Consider the latest focus areas from the Australian Securities and Investments Commission
• Outline the designated services for newly regulated entities
• Understand how to develop a risk-based AML/CTF program

About the course

In order to best advise your clients or employer, you need to be on top of any changes in Australian law that might affect the way businesses work. This year, there’s been a raft of new legislation that fundamentally changes the responsibilities an organisation has to its employees and wider community.

This course looks at these changes. We consider significant measures to bolster the power of the Tax Practitioners Board, which includes new additions to the Code of Professional Conduct, before looking at the issue of Payday Super, which represents a massive development in the way that employers pay into their employees super guarantees. We also run through the Australian Securities and Investments Commission’s latest financial reporting and audit focus areas, and the wider push for sustainability reporting. Finally, we look at anti-money laundering and counter-terrorism financing legislation.

All of these areas are crucial for you, as an accountant, to fully understand. By completing this course, you’ll be able to confidently provide advice to the people you work with, ensuring that they’re ahead of the curve.