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ATO warning highlights need for specialist auditors

Audit checklist

A statement by the ATO said there would be greater ongoing examination of self-managed superannuation funds and their auditors, especially those identified as “high risk”, and that penalties of up to $10,200 would be imposed on funds falling foul of the law. This warning takes effect from July 1 2014.

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Client in Focus – LAB Fire Services

This month’s Client in Focus is Ben Blue, owner of Central Coast business, LAB Fire Services.

Ben shares his enthusiasm about the success of his business and discusses the current challenges facing him and his team.

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TED Talks: Lorrie Faith Cranor – What’s wrong with your pa$$word?

Lorrie Faith Cranor studied thousands of real passwords to figure out the surprising, very common mistakes that users – and secured sites – make to compromise security. And how, you may ask, did she study thousands of real passwords without comprimising the security of any users? That’s a story in itself. It’s secret data worth knowing, especially if your password is 123456…

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TED Talks: Mariana Mazzucato – Government – Investor, risk-taker, innovator

Why doesn’t the government just get out of the way and let the private sector – the “real revolutionaries” – innovate? It’s rhetoric you hear everywhere, and Mariana Mazzucato wants to dispel it.

In an energetic talk, she shows how the state – which many see as a slow, hunkering behemoth – is really one of our most exciting risk-takers and market-shapers.

Which actor in the economy is most responsible for making radical innovation happen?

Mariana Mazzucato comes up with a surprising answer: the state.

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