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Media releases



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    In our Economic & Market Outlook dated 5 July 2010, we noted that leading indicators had begun to deteriorate sharply in the United States, the implication being that the US economy may well be heading back into recession. As the US is still the world’s largest economy, it remains of global importance. Economic data released since the end of June has only added to our concerns and we would have to say, failing any further stimulus, that the odds of a US recession have increased significantly.
    SYDNEY, NSW — 2 AUGUST, 2010 Moore Stephens Technology Australia (MSTA), a leading provider of software and professional services, has been named to the 2010 President’s Club for Microsoft Dynamics. This achievement is a direct result of MSTA’s outstanding dedication to customer satisfaction through the delivery of innovative business solutions.
    The R&D tax concession is an initiative to increase the amount of research and development (R&D) undertaken in Australia. The aim is to encourage innovative, competitive and export-oriented Australian industries.

    Microbreweries reflect this aim as many undertake high levels of technical risks with alternative approaches to brewing experimentation and adaptability. For example, utilizing a new hop variety or formulating recipes for you next new seasonal release.
    Moore Stephens Australia today announced the admission of the former PKF Southport as its new member firm on the Gold Coast, Moore Stephens Gold Coast, effective Tuesday 1 December 2009.
    Moore Stephens Australia (MSA) today announced the merger of the audit division of its existing Adelaide member firm with HSA Business Solutions (formerly Horwath South Australia) to form the new Moore Stephens member firm in Adelaide.
    Moore Stephens commented today that the International Financial Reporting Standard (IFRS) accounting standard for Small and Medium-sized Entities (SMEs) by the International Accounting Standards Board (IASB) may represent an unattractive alternative to complying with the full suite of IFRS standards.


    A new study released in Melbourne today highlights a number of significant corporate governance challenges facing the Not for Profit (NFP) sector.

    The study, conducted jointly by corporate governance experts, Enterprise Care, and Moore Stephens, found that for many of the 600,000 organisations in Australia’s $60 billion NFP sector, corporate governance is a significant concern.
    Moore Stephens Australia today announced the admission of Ascent Audit and Governance Services (Ascent) in Canberra as its newest member firm, Moore Stephens Canberra, effective Wednesday, 10 March 2010.
    Moore Stephens Queensland today announced the acquisition of PricewaterhouseCoopers’ (PwC) Townsville practice; effective 15 April 2010, making it the pre-eminent accounting, audit and business advisory firm in regional Queensland.
    The Treasurer, Wayne Swan MP and the Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, today announce changes to the supervision of Australia’s financial markets that will enhance the integrity of Australia’s financial markets and take another step towards establishing Australia as a financial services hub in the region.
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