Employment law is ever-evolving and well regulated. Significant risks follow legal errors such as wages underpayment. Accountants need to be up-to-date with the latest developments both for the sake of their own businesses and those of their clients. Auditors need to be aware of employment law as it affects risks and their obligations under NOCLAR and ASA 250 Consideration of Laws and Regulations in an Audit of a Financial Report.
The session will reveal the latest developments in employment law and regulation (such as Single Touch Payroll), including actions taken by the Fair Work Ombudsman, legislative developments and court decisions. Accountants and auditors should better understand and be able to manage their risks and those of their clients.