ATO boss doubtful of ‘low complexity, high volume’ practices
ATO commissioner Chris Jordan said a practice built on supplying “simple returns” is questionable, after being pushed about accountants’ struggles with competing ...
TAX • Sun, 26 Nov 2017
CPA lobby group keeps no confidence motion on the table
A group of CPA Australia members will consider filing a no confidence motion to the Supreme Court if the association’s refreshed board doesn't meet its expectations.
REGULATION • Fri, 24 Nov 2017
Tax agents fuelling non-compliance, ATO boss says
Over 900 audits have shown that tax agents are contributing to Australia’s individual tax gap through “carelessness, miscalculation and simple mistakes” according to ATO ...
TAX • Thu, 23 Nov 2017
Reckon exec moves to competitor, eyes accounting market
NowInfinity has appointed a Reckon sales executive to its national sales team with a view to boost its presence in the accounting and bookkeeping market.
TECHNOLOGY • Thu, 23 Nov 2017
‘Our trust is being challenged’: IPA chief reflects on accounting post CPA saga
The position of trust long occupied by the accounting profession was compromised in 2017, and IPA chief executive Andrew Conway believes unified advocacy and grassroots ...
REGULATION • Thu, 23 Nov 2017
GST ‘still a minefield’ for bookkeepers’ clients
Simpler BAS has made bookkeeping more efficient, but one mid-tier firm said GST is still a major headache for retail clients in particular.
CA, CPA targeted in IPA's challenge to government
The chief executive of the IPA has called on CPA Australia and Chartered Accountants Australia and New Zealand to formalise ties in lobbying efforts, after a period for ...
Property ties targeted in ASIC's new guidance for accountants
ASIC has released a new set of guidance material for accountants providing and looking to provide financial advice, firing warnings shots in particular for those with ...
‘We were very stretched’: Reckon shifts focus to break from Xero, MYOB, Intuit
Reckon will push its focus further towards micro-business to differentiate itself from the competition, assuming the sale of its accountants practice management division ...
TECHNOLOGY • Wed, 22 Nov 2017