Each session in the series will be focusing on topics that are expected to be of particular importance for financial reporting in 2021.
Webinar 1 (18 March 2021): Removal of special purpose financial reporting
- Moving from Special Purpose to General Purpose Financial Statements
- Exempt entities
- Requirements of AASB 1060 i.e. New tier 2 General Purpose Financial Statements – Simplified Disclosures
- Applying AASB 1 First-time Adoption of Australian Accounting Standards
Webinar 2 (29 April 2021): Valuation of assets
- Identifying impairment indicators
- Fair valuing assets in accordance with accounting standards
- Estimating key inputs
- Accounting for impairment of assets
Webinar 3 (27 May 2021): Financial Reporting update for 30 June 2021
- Accounting standard changes
- Key focus areas for 30 June 2021 reporting
- ASIC update and focus areas
- Corporate governance update
- Other regulatory changes
Webinar 4 (11 November 2021): Financial Reporting update for 31 December 2021
- Accounting standard changes
- Key focus areas for 31 December 2021 reporting
- ASIC update and focus areas
- Corporate governance update
- Other regulatory changes
- Not-for-profit update
- Employee share schemes update
Series speakers
Brent Sheers
Senior Manager
Trent Godden-Minette
Senior Manager
Contact us
If you have any queries or would like more information, please contact the Marketing team via [email protected].
Our team of experts discussed the latest changes to Australian reporting requirements and their potential implications for preparers of financial statements.
In this webinar recording Bessie Zhang, Jimmy Cao, Tom Mullarkey, Callum Murray and Kerry McGoldrick covered the following topics:
- ASIC update and other regulatory changes
- Removal of Special Purpose Financial Reporting
- Asset valuation and impairment
- Financial reporting in a COVID environment
- Modern slavery statements
Contact us
| Bessie Zhang | Kerry McGoldrick | Tom Mullarkey |
| Jimmy Cao | Callum Murray |
A number of recent articles in the Australian press have discussed the liquidation or voluntary administration of several large funds that were specifically created as complying funds for the Significant Investor Visa (SIV) program.
This is devastating news for many, and has caused a variety of issues for those SIV holders who have been impacted by these investments which that need to be considered and actioned in a timely manner. In some instances, there is little time to reorganise these affairs, and many clients have shared with us that they have limited time to find a solution.
In response to these concerns, ShineWing Australia has put together a panel of experts to assist impacted individuals to help provide them with a ‘full-circle’ solution comprising legal, migration and financial help in one place.
Seeking out qualified, registered and independent migration and investment advice is particularly important at all times. This will ensure that any conflict of interest on the advisor side is removed, and that you are being informed of options that are right for your situation before making investment choices.
Migration
ShineWing Australia has highly experienced migration agents with particular expertise in assisting clients from the Asia-Pacific region to obtain an Australian visa. We advise on many different visa classes according to individual circumstances and personal needs, including SIVs.
As Registered Migration Agents (RMA) we act independently, and we also adhere to the Code of Conduct set out by the Office of the Migration Agents Registration Authority.
If you are a current SIV holder and have been affected by breaches of complying funds, and you think it may have jeopardised your visa status, we will be able to offer you a free consultation on your visa and investment status. Our services areas are listed below but we are happy to assist in other visa matters as appropriate.
Financial Services
ShineWing Australia’s Financial Planning and Debt Advisory services are provided by Authorised Representatives of ShineWing Australia Wealth Pty Ltd AFSL/ACL 236556.
When investing as an SIV or otherwise, it is important to perform sound due diligence on your intended investment target and ensure:
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there are no conflicts of interest
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the investment vehicle has a proven track record of underlying managed funds
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it has a strict compliance regime
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it has the correct diversification per section of the SIV framework
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the fund or investment vehicle is registered and compliant with ASIC
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that the fund is backed by independent advice and focused on asset quality, as opposed to a focus on the sale of a particular product.
Managing the wealth and private affairs of business owners, families and high net worth individuals requires a deep appreciation of individual circumstances, and a detailed understanding of immediate needs and future financial objectives.
Private Clients and Wealth covers the following services:
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For an immediate response and for the services below, our panel members will be able to help you with the following:
Migration Law services
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Legal Services
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Tax advisory
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Investment Services
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If you require assistance with one or more of the above areas, and would like to discuss your options in a private, confidential and free of charge consultation with one of our panel experts, please get in touch in one of the following ways.
SIV enquiries
Click here to contact our experts today.
Email us via [email protected].
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ShineWing Australia is delighted to invite you as our guest to the upcoming Harvard Club event:
Beyond shareholder value: The emerging sustainable enterprise.
In August, 181 of the 193 members of the US Business Roundtable, signed a new statement of its principles of corporate governance. The Sydney Morning Herald cited that the existing statement no longer accurately described the way CEOs strive to create value for all stakeholders. Addressing the long term interests of all stakeholders is now thought to directly include issues such as diversity, social inclusion and the environment. This new statement has significant ramifications for corporate governance in Australia.
Our expert speaker Rob Gell AM, Principal Consultant, ShineWing Australia will provide insights on the changing nature of corporate governance, with an ever increasing focus on sustainability. Our panel will be moderated by David Lynch, Principal Consultant, ShineWing Australia, will explore the complexity of issues corporations now face and provide insights on how leading enterprises are responding.
A light lunch will be served and there will be an opportunity to network with Club members and guests.
Event details
| Date: | Friday, November 29th, 2019 |
| Time: | 12pm for 12:30pm start, concluding at 2pm |
| Venue: | ShineWing Australia, L 10, 530 Collins Street, Melbourne |
| Cost: | Free |
Speakers
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Presenter: Rob Gell AM, Principal Consultant, ShineWing Australia Rob is an environmental geographer, Founder and Executive Director of ReThink Sustainability Pty Ltd., a Fellow of the Royal Geographical Society and an Inaugural Fellow of the Environment Institute of Australia and New Zealand. He is a member of the council of the Royal Society of Victoria and a member of the Melbourne Sustainable Society Institute Advisory Board, he is also a published author and a photographer and a Life Australia Day Ambassador. |
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Panel moderator: David Lynch, Principal Consultant, ShineWing Australia David is Principal Consultant at ShineWing Sustainability and CEO & Executive Director of ReThink Sustainability, he has been helping businesses, governments and consumers accelerate the adoption of the UN Sustainable Development Goals and sustainability best practices. David is a technologist, an innovator and a digital thought leader who has combined these passions over many years with a strong focus on sustainable business practices, particularly during his career in China. |
Registration and more information
For more information about these events, or if you have any queries, please contact the ShineWing Australia Marketing team via [email protected].
We look forward to your attendance.
Following the release of Australia’s Federal Budget on the evening of 2nd April, this seminar will focus on the tax and accounting impacts resulting from changes announced in the Budget by the Government. The seminar will also contrast these with the Federal Opposition Labour Party’s proposed Tax Policies with our speakers providing their expert analysis on their respective budget proposals, with a focus on how these changes might affect Chinese-owned and invested entities doing business in Australia and overseas. Finally, updates on any relevant tax and accounting changes that have arisen since our last update, will also be provided.
This seminar series is delivered entirely in Mandarin.
Event details
Sydney
Date: Wednesday 10 April 2019
Time: 3:00pm for 3:30pm start, concluding at 5:00pm
Venue: Press room, Radisson Blu Sydney, 27 O’Connell St, Sydney
Melbourne and Brisbane details will be announced shortly.
For more information about these events, or if you have any queries, please contact the ShineWing Australia Marketing team via [email protected]
We look forward to your attendance!
The Emerging Property Funds Series is a five-part series of interactive sessions for an exclusive group of aspiring leaders in property funds management.
We have created this interactive five-part series aimed at tomorrow’s leaders who are looking to learn more about the ‘business’ of property funds management, entrepreneurs looking to break into the sector and developers looking to establish a property funds management business.
We are also delighted to bring you highly regarded leading industry speakers from APN Property Group, Property Funds Association, Open Corp, Commonwealth Bank of Australia, Aliro Group and McMahon Clarke.
Benefits of attending
- Network with today and tomorrow’s leaders in the sector
- Learn what worked well and what didn’t work well from industry leaders
- Learn the pitfalls and traps industry veterans experienced during their journey
- Learn how to protect your personal and business assets
- Understand the market trends in the asset class
- Recognise methods to raise your debt and equity
- Understand what structure is best for a tax effective exit for your investors
- Identify strategies to raise your debt and equity
- Master your compliance obligations – learn how to obtain an AFSL and stay compliant
Event details
Date: 5 sessions hosted on a monthly basis starting Tuesday, 9 October 2018 (Melbourne) / Wednesday, 10 October 2018 (Sydney)
Time: 5.45pm – 8.00pm (canapes and refreshments provided)
Melbourne Venue: ShineWing Australia, Level 10, 530 Collins Street, Melbourne
Sydney Venue: ShineWing Australia, Level 8, 167 Macquarie Street, Sydney
Format: Interactive class-room style format where our expert guest speakers will share their insight and expertise on a key component of the property fund management process
Cost: $800 per person for the series or group booking for up to 3 people for $1,600 (prices exclude GST)
This includes:
- Five 2-hour sessions and networking opportunities with speakers and attendees
- Soft and hard copies of speaker presentations and handouts
- Automatic inclusion to our Emerging Property Funds Series, including invitations to future networking events
Session topics and dates
Session 1: Fundamentals for Success, Property Funds – Tuesday, 9 October 2018 (Melbourne) / Wednesday, 10 October 2018 (Sydney)
Speakers/Panelists: Howard Brenchley (APN Property Group), Paul Healy (Property Funds Association), Rami Eltchelebi (ShineWing Australia), Hugh Thomson, Moelis Australia
This introductory session will provide a brief overview of the series structure. You will hear first-hand from industry specialists the key lessons they’ve learnt, what challenged them the most, what worked, what didn’t and tips on building the right team.
Session 2: Fundamentals for Success, Personal and Business Issues – Tuesday, 20 November 2018 (Melbourne) / Wednesday, 21 November 2018 (Sydney)
Speakers/Panelists: Daren McDonald (ShineWing Australia), Rosalind Myint (ShineWing Australia) and Abi Chellapen (ShineWing Australia)
How do you separate your business fund from your personal assets? In this second session you will learn how to protect yourself, your funds and the appropriate ownership structures recommended to protect your investment and maximise your return.
Session 3: Fund Structuring – Tuesday 19 February 2019 (Melbourne) / Wednesday, 20 February 2019 (Sydney)
Speakers/Panelists: David Southon (Aliro Group), Matthew Chun (Development & Property Consultant) and Simon Tucker (ShineWing Australia)
You may have a plan, but do you know which fund structure will give you the best competitive advantage? The industry experts will talk you through the fund structure matrix which covers local and international equity, fee structure and more.
Session 4: Debt and Equity – Tuesday, 19 March 2019 (Melbourne) / Wednesday, 20 March 2019 (Sydney)
Speakers/Panelists: Warren Boothman (Open Corp), John Blight (ShineWing Australia), Dan Freeman (Commonwealth Bank of Australia)
This session covers everything you need to consider and what to avoid in modern-day financing. Identify both the traditional and alternative methods for obtaining funding, how to strike a deal with the banks and how best to raise your debt and equity.
Session 5: Legal, Regulatory and Compliance – Tuesday 16 April 2019 (Melbourne) / Wednesday, 17 April 2019 (Sydney)
Speakers/Panelists: Brendan Ivers (McMahon Clarke) and Rami Eltchelebi (ShineWing Australia)
Ensuring your i’s are dotted and t’s are crossed are important for the property funds management industry. Our experts will talk you through the documentation and practical application involved in your fund set-up and provide tips on avoiding common pit-falls to ensure you stay compliant.
More information
Know someone interested in property fund management? You are welcome to direct any interested property professionals to this web page or to the ShineWing Australia Marketing team via [email protected].
With more businesses than ever interested in how to successfully access the world’s largest consumer market, ShineWing Australia has designed a robust seminar ahead of the upcoming China International Import Expo.
Supported by Austrade, Efic and Export Council Australia, our experts will provide practical tips and case studies for how best to navigate export opportunities to maximise your export potential with the right partners.
Benefits of attending
- Hear from and engage with experts that specialise in supporting Australian businesses who import/export new and existing products and services
- Network and build connections with expert partners
- Be informed of the latest support opportunities available for financial assistance
- Keep updated on the latest opportunities for state government awards that are provided
- Uncover what China is looking to achieve with its first ever China International Import/Export Expo show in November
Brisbane event details
Date: Thursday, 30 August 2018
Time: 12.00pm-2.30pm (lunch and refreshments provided)
Venue: ShineWing Australia, Riparian Plaza, 71 Eagle Street, Brisbane QLD 4000
Format: Interactive seminar style
RSVP: Monday, 20 August 2018 to [email protected]
Melbourne event details
Date: Monday, 27 August 2018
Time: 12.00pm-2.30pm (lunch and refreshments provided)
Venue: ShineWing Australia, Level 10, 530 Collins Street, Melbourne VIC 3000
Format: Interactive seminar style
RSVP: Monday, 20 August 2018 to [email protected]
Sydney event details
Date: Friday, 24 August 2018
Time: 12.00pm-2.30pm (lunch and refreshments provided)
Venue: ShineWing Australia, Level 8, 167 Macquarie Street, Sydney NSW 2000
Format: Interactive seminar style
RSVP: Monday, 20 August 2018 to [email protected]
More information
For more information, please contact the ShineWing Australia Marketing team via [email protected].
The purpose of our tax and accounting update seminar is to provide tailored assistance to Chinese related entities doing business in Australia and provide on time relevant updates to your businesses. As a result of this, all of our seminar will be in Mandarin.
Seminar agenda
- New Tax Consolidation Integrity Measures
- Lessons learned from recent Country-by-Country Reporting filings
- Finalised ATO Guidance on Cross Border Loans
- Other New ATO Rulings, Guidelines and Draft Legislation
- GST: New Rules for Residential Purchasers
- IFRS 9 Financial Instruments highlights
Event details
Sydney
Date: Tuesday 20 March 2018
Time: 3:00pm – 5:00pm
Venue: Sofitel Sydney Wentworth, 61-101 Phillip Street, Sydney
Melbourne
Date: Wednesday 21 March 2018
Time: 4:00pm – 6:00pm
Venue: ShineWing Australia, Level 10, 530 Collin Street, Melbourne
Brisbane
Date: Friday 27 April 2018
Time: 3:00pm – 5:00pm
Venue: ShineWing Australia, Riparian Plaza, Level 33, 71 Eagle Street. Brisbane
For more information about these events, or if you have any queries, please contact the ShineWing Australia Marketing team via [email protected]
We look forward to your attendance!