Completed
Date

Thursday 21 April 2022

Time

2:30 pm

Duration

1.5 CPD Hours

Session Topic

Updating employment law and its risks for directors, accountants and auditors

Two issues continue to dominate the employment law headlines: Covid-19 and workplace vaccination policies and wages underpayment and financial statement misrepresentation. Employers, employees and unions are grappling with both issues while the Fair Work Ombudsman is ever vigilant in investigating instances of underpayment and enforcing the relevant law. Several companies, including not-for-profits, have entered into enforceable undertakings.

Determining whether someone is an employee, or an independent contractor continues to exercise the courts while employers must also come to grips with a new framework for dealing with workplace sexual harassment and ever changing OH&S requirements.

Important legislative and policy developments need to be understood, such as the report of the senate inquiry into unlawful underpayment of employees’ remuneration as well as actions being undertaken by the states.

Accountants need to be up to date with the latest developments for the sake of their own businesses and those of their clients.  Auditors need to be aware of employment law as it affects audit risk and their obligations under the NOCLAR ethical rules and ASA 250 Consideration of Laws and Regulations in an Audit of a Financial Report.

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This session is presented by:

Stephen Newman

Executive Counsel

Stephen is a corporate and commercial lawyer who also has considerable litigation experience in all major Courts and Tribunals. Stephen is a team member of ReportFraud. Stephen advises a range of clients and in particular, Accountants and Auditors on issues that relate to corporate and trust entities, businesses and private clients operating in many different industries, both domestic and international. Stephen also has considerable experience in dealing with regulators and conducting the defence of investigative and enforcement action.