BDO in Australia

BDO recently held its Carbon Accounting Masterclasses in Brisbane, Sydney, Melbourne, and virtually. This one-day course provided attendees with an understanding of the first steps in approaching carbon accounting, an overview of the different scopes of emissions, and the approaches to measuring Scope 1, Scope 2, and Scope 3 emissions. We hope all who joined us at these sessions have been able to implement what they learned in their own workplaces. Our final Carbon Accounting Masterclass for 2024 will be held virtually on 10 December. Register now to secure your spot: https://lnkd.in/g7MZy_dM Pictured Left to Right: Janice Wong, Kevin Frohbus, Jacqueline Olivier, Tom Dart and Aletta Boshoff. #Sustainabilty #ClimateReporting #CarbonAccounting

BDO Consulting Partner Joanna Georgalis discusses the five major HR challenges impacting the education sector in The Educator. The finds are from a recent report she authored, which highlights recruitment, retention, employee wellbeing, career advancement, and innovative technology as the five key challenges requiring “immediate action”. Joanna said recruitment, in particular, poses a significant challenge, noting that staff shortages are particularly noticeable in specialised roles, where the demand outstrips supply. “To attract great teachers for hard-to-fill specialised roles, schools can implement several strategies beyond offering competitive pay. “A major focus should be on professional development opportunities and career progression pathways to enhance teacher satisfaction and retention.” Read the full article: https://lnkd.in/gFPB4e9B #education #teaching #recruitment

BDO proudly attended the 62nd Australian Export Awards in Canberra last week, celebrating the outstanding achievements of Australian exporters 👏 Congratulations to this year’s winners and finalists who are driving innovation, creating global opportunities, and showcasing Australian excellence on the world stage. The export industry plays a vital role in shaping Australia’s economy, and we’re proud to continue supporting businesses to grow and thrive globally. We’re thrilled to recognise the success of our clients who are making a significant impact in the export industry. Your vision, resilience, and dedication are inspiring, and we’re honoured to be part of your journey. Learn more about this year’s incredible winners: https://lnkd.in/ghpxkrPP Thank you to Trade and Investment Queensland for hosting us. #ExportAwards Australian Trade and Investment Commission (Austrade)

Have you missed our latest Not-For-Profit webinar? Our NFP National Leader, Elizabeth Blunt, and BDO experts discuss how they can assist NFPs and charity organisations get ready for 31 December reporting. Dive into the latest financial updates impacting the NFP sector. Watch now. #NFP #FinancialReporting

Led by Deal Advisory Partner, David Ward, BDO proudly supported Mercy Community Services on the transition of its Disability Supported Independent Living services, with minimal impact on staff and residents. Learn more about our involvement in the transition. #dealadvisory #deals

We are excited to welcome our newest Vacationer cohorts to #teamBDO 👋 This week we had 66 Vacationers start with us across Brisbane, Cairns, Melbourne and Perth. Welcome everyone! We hope you enjoy the coming weeks! 👏 #BDOcareers #BDOproud

After a decade of global conflict and uncertainty, businesses are learning that resilience is about calculated courage, not fearlessness. Our global risk experts have analysed the data from past years of BDO's Global Risk Landscape Reports and identified that centralised risk management can be too slow for today's challenges. By adopting decentralised risk management, companies can remain cautious while enabling strategic risk-taking in specific areas, providing the flexibility to adapt to different business units or regions. Learn more. #RiskManagement #BusinessStrategy

Sustainability and ESG norms are here to stay, no matter the size of your organisation. This article aims to help engage your team in sustainability and carve out a path to a greener future for your organisation. With mandatory sustainability reporting on the horizon, especially for listed entities, public companies, and registrable superannuation entities, getting everyone involved is crucial. Our sustainability team has compiled a list of four must-do actions to ensure your organisation has mapped out a path to sustainable action. #Sustainability #MandatoryReporting #MaterialityAssessment #ESG

BDO Financial Adviser - and new mum - Kelly Kennedy has written a column in The Australian Financial Review looking at the different ways parents can set their child up for the future. She examines the the pros and cons with each investment option, and says it is important to think about a few important points: ▪ Goals: What is the purpose of investing these funds, what is the timeframe for investing? ▪ Risk tolerance: Choose investments based on your risk tolerance and the time horizon for when you expect your child to receive the funds. ▪ Tax implications: Be aware of tax implications for various investment options. Unearned income – dividends, for example – for minors can attract high tax rates. ▪ Flexibility: Consider how easily you want to be able to access your funds or change investments as your circumstances change. "Families and finances have always been front and centre of discussions I have with my clients, but nothing prepares you for parenthood until you go through it yourself,” says Kelly. AFR subscribers can read the full article here: https://lnkd.in/gnmkvAud #wealth #investment

We were #BDOproud to be the lead sponsor for TP Minds Australia 2024, which recently took place in Sydney. As the premier forum for transfer pricing, industry leaders and policy makers from the United Nations, OECD, ATO and the International Monetary Fund shared their latest insights on current developments in the transfer pricing landscape, including tax authority focus areas, regulatory changes, and supply chains. Our transfer pricing experts have summarised the key takeaways from the conference and how these could impact multinational businesses. Read the full article to learn more. #TPAus2024 #TransferPricing Informa Connect - TP Minds Series