Fortuna Advisory Blogs

The Importance of Accounting Software and Data Analytics in Accounting

Accounting numbers and auditing the same for every transaction are key aspects of a business. A small business with...

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Australia's Poor Corruption Scorecard Questioned

The recent Transparency International report “finding” that Australia slipped 12 places in its Corruption Perceptions...

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Are you Aware of your Foreign Income Sources?

If you are living and working in Australia it is quite likely that you will be deemed as an Australian resident for tax...

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The Best Way to Make Use of Key Performance Indicators (KPI's)

We accountants work in and support a wide array of industries and sizes of organisation. To that end we come across a...

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Lost Trust Deed Case – All Trust Property Held to Belong to Transferor's Estate

The recent Victorian case Mantovani v Vanta Pty Ltd (No 2) [2021] VSC 771 involved a lost discretionary trust deed. The...

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4 Important Elements to Consider before Exiting Your Business

When we all set out on our business journey, very few of us start by thinking about how we are going to eventually...

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Top 5 Costs to be Aware of When Employing Staff

So, your business has grown from being a one-man band micro-business and you are ready to start employing staff. You...

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Business Structure Pros and Cons to Consider Before Starting Up

When starting a new small business one of the first decisions to make is which structure to utilise. The decision can...

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Managing Risk in Your Business

When you first start out in business it seems like there are so many things to do just to try and get up and running....

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Understanding Key Differences Between an Employee and a Contractor

This issue has seen many individuals, plus the organisations they contract to, get into a deal of bother with the tax...

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