In this edition we discuss the highlights of the PNG Mid-Year Economic and Fiscal Outlook Report for the current year. On the eve of preparing for year-end audits in 3 months’ time for most entities, we also provide some guidance on audit-readiness to remove the sting from this process. As always, we focus on cybersecurity in this market, and briefly discuss the benefits of a well-structured Cyber Incident Response Plan (CIRP). Finally we touch on the Income Tax rewrite status and the IRC budget status.
KPMG in PNG has dedicated in-house locally-based specialists in all of the following areas: cybersecurity and technology advisory, internal audit/risk, visa migration, corporate finance, management consulting, fraud investigation as well as tax, audit readiness, financial statement preparation, payroll services and assurance. As such we are well placed to provide a truly multi-disciplined approach to business advisory.
Enjoy the read this month and reach out with any enquiries at email@example.com if you would like to see KPMG cover specific topics in future editions.
In this Month's Kundu
Highlights of the PNG Mid Year Economic and Fiscal Outlook Report
by Wayne Osterberg, Director, Advisory Services
The Treasurer recently published the Mid-Year Economic and Fiscal Outlook Report for the current year (MYEFO).
Other topics covered include:
- Being audit ready eliminates audit surprises
- From chaos to control - the role of cybersecurity incident response in a PNG organisation
- Income Tax Act Re-write
- IRC ahead of budget
Please enjoy this month’s Kundu and reach out to us at firstname.lastname@example.org if you would like to see KPMG cover specific topics in future editions.