Sydney AI AASB Compliance, Tax & Valuation Advisory

This article explains how Sydney businesses can use AI to streamline AASB financial reporting, sharpen tax planning, and improve decision-making with evidence-based DCF business valuations. You will learn key concepts that CFOs, finance managers, founders, and accountants should understand; how these tools work in practice; steps to get started; and what to prepare for succession, estate, and IP/trademark considerations detailed tax planning and DCF valuation guidance from MyMoney Financial. The goal is to help you strengthen compliance, accelerate growth, and reduce risk with clear, practical guidance.

AASB reporting with AI: An AI-enabled close pulls data from your general ledger, bank feeds, invoices, and lease files. It proposes revenue recognition schedules under AASB 15, identifies lease terms and discount rate inputs for AASB 16, flags expected credit loss adjustments under AASB 9, and drafts impairment indicators for AASB 136. Your finance team reviews exceptions, applies judgements, and finalises workpapers ready for audit.

DCF valuation for decisions: For capital raises, incentive plans, or impairment testing, a DCF model links strategy to cash flows (revenue drivers, churn, margins, capex, working capital). It applies an appropriate discount rate (cost of equity and WACC), runs scenarios (base, upside, downside), and cross-checks against market comparables. All inputs, sources, and rationales are documented for boards, auditors, and (when relevant) the ATO.

Tax planning in sync with finance: AI surfaces transactions with potential tax implications (e.g., Division 7A exposures, GST anomalies, employee benefits, intercompany charges) and creates a review queue. Advisors assess issues, prepare memos, and align year-end tax estimates with financial statements to avoid last-minute surprises.

Succession and estate readiness: For a family-owned manufacturer, the playbook might include an agreed valuation method for buy–sell triggers, insurance-funded buyout, dividend policy, board delegations, and a timetable for management transition. Estate planning coordinates shareholdings, superannuation, and testamentary intentions with tax and asset-protection objectives.

IP and trademark pathway: A design-led technology firm inventories code, brands, and know-how, registers key trademarks, documents ownership (employment and contractor agreements), assesses whether development costs meet recognition criteria under AASB 138, and monitors impairment triggers under AASB 136.

Mini checklists you can use now: - Monthly close: trial balance review, revenue recognition schedules, lease updates, ECL analysis, impairment indicators, tax provision rollforward, AI exception log cleared, management sign-offs. - Valuation pack: three years historicals, 3–5 year forecasts with drivers, capex and working capital policy, customer and churn metrics (if applicable), debt terms, key contracts, risk register, board-approved assumptions. - Tax planning calendar: BAS/GST lodgements, PAYG and superannuation deadlines, payroll tax reviews, R&D incentive timing and documentation, year-end dividend and Division 7A reviews, director fee documentation. - Succession and estate essentials: current shareholders agreement, buy–sell terms and funding, board and delegated authorities, enduring powers of attorney, will and superannuation beneficiary nominations, IP assignment confirmations.