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eNewsletters

dVT Consulting has sent out various enewsletters to our contacts and clients. We hope that the information provided to everyone has been beneficial to all concerned.  Have a read below of various enewsletters circulated.

 
Directors Penalty Notice & Security Deposit

There has been much huffing and puffing in recent months about the government “crackdown” on phoenix activity but so far very little has made it as far as the law books – two exceptions are security deposits that can be demanded by the ATO from targeted sectors, and some amendments to directors penalty notice rules.
The Human Factor In Turnaround

The Human Factor in Turnaround
Riad Tayeh – May 2004
How To Prepare For And What To Do In Scary Times

Scary times are increasingly being accepted as a part of our day-to-day life. For some of us Scary Times are with us today.
Directors Duties - Asset Protection

Company Directors are under a positive duty to ensure that the company does not incur a debt whilst it is insolvent or does not become insolvent by incurring that debt.
Corporate Governance

Corporate Governance is presently a very topical issue. The ASX has released its best practice recommendations on the 31st March 2003. Although this only applies to listed companies, what are the implications to private companies and not for profit organisations?
Accountants Add Up Hours

Accountants' average weekly working hours have risen by 15 per cent in the past few years – and that trend is likely to continue, according to a survey by the Australian Taxation Office and the accounting industry.
Are Directors Liable For Credit Card Debts?

In the event of insolvency, Directors' personal liability to credit card providers for expenses incurred on behalf of their companies can be a murky issue.
It looks good, it sounds good, but does it stack up?

For any of our clients considering putting their hard-earned cash into any sort of investment, we always insist that a proper program of due diligence be carried out in order to assess the risks and opportunities of that transaction.
Avoiding Corporate Collapse

Business failure rarely happens by accident. Companies drift rather than fall into collapse.
Business Succession Planning - Are You Prepared For The Future?

Some of you would have already noticed that our letterhead and business cards promote the area of business succession amongst the other related areas. Some have also asked and wondered, ‘what does an insolvency firm
know about business succession?’
Managing Cash Flow In The Growth Stage

For many small businesses, growth is the barometer for success. But expansion can present challenges and one of the critical issues in any company when it is experiencing a healthy level of growth is cash flow. In this article, we look not only at the reasons why cash flow is important and why growth often contributes to a lack of funds, but also some suggestions as to how monitor your cash flow over time and how to improve it.
Troubled Times For Retail?

The Australian economy has experienced an unprecedented boom in certain sectors. The impact this time has had a broad affect on businesses and more importantly individuals who have invested heavily in the stock market
and have vast sums of money invested mostly mortgaged against the family home or from DIY superannuation funds.
The Turnaround Culture

We are living in changing times. Whilst there will always be a place for liquidators and other such formal opportunities, more and more the stakeholders in a distressed company are looking for a better return. They want a win-win situation.
Early warning signs and implications for CEO's and CFO's - PART 1

CEO's and CFO's need to have a long hard think about their personal liability position. Good management practices will reduce their legal exposure.
Early warning signs and implications for CEO's and CFO's - PART 2

A third lesson is that companies need to use their planning and regular financial reporting process not only to identify any developing problems which need corrective action, but also to identify well in advance those periods in which the company will require additional accommodation from its lenders.
Hubris and the SME Bull Frog

Hubris and the SME Bull Frog Have you heard of "boiled frog" syndrome? A frog thrown into a pot of boiling water will supposedly jump right out again. But a frog placed in a pot of "pond temperature" water will remain in the pot when that pot is placed on a stove where the temperature is gradually turned up until the pot boils. The point is, the frog recognises an event of sudden danger, but not danger that manifests incrementally.
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