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Welcome to Arslan & Noralie!
We recently welcomed two new team members into the Purpose fold. Arslan Shahid, our Finance Associate, is a Chartered Accountant with experience in public practice, non-profit, Government and private sectors. His focus is delivering insightful financial advisory, [...]
ATO ramps up GST audits
The Australian Bookkeepers Network (ABN) recently advised members that the ATO has increased its focus on GST compliance and BAS. The expectation is that tax agents can expect a surge in audits. Director of the ABN, Peter [...]
Working capital riddle: why the ups and downs, when overall financials are healthy?
We were recently asked a great question by a client - why, in some months, does the working capital ratio improve, while the current ratio declines? Both are measures of balance sheet health, so why [...]