Experts Accounting Tips

 The Australian Accounting Standards Board (AASB) on May 13 proposed to amend AASB 121 “The Effects of Changes in Foreign Exchange Rates” to provide companies guidance on accounting requirements that apply when a company reports foreign transactions in a currency that cannot be exchanged. Read more: https://mnetax.com/australias-aasb-proposes-accounting-rules-for-non-exchangeable-currencies-44418

 An accounting student in her 30s has been remembered as "hardworking" and "an amazing friend" after her death from COVID-19. Adriana Midori Takara, 38, had no underlying health conditions but the Brazilian national's condition deteriorated quickly after contracting the Delta strain. She died in the early hours of Sunday at Royal Prince Alfred Hospital in Sydney's inner west, about 10 days after contracting the virus. Read more: https://www.abc.net.au/news/2021-07-26/nsw-covid-victim-identified-as-adriana-midori-takara/100322722

 Business owners in Sydney are among those hit hardest by the COVID-19 outbreak and there are claims government financial support payments are not keeping up. The COVID-19 JobSaver payment was designed to provide employers in the state with much-needed cash, to keep their businesses afloat. Read more: https://www.abc.net.au/news/2021-07-28/jobsaver-payment-scheme-cops-scathing-review-businesses-distress/100328174