SMEs not on board with digital trails, research finds
New research has revealed that only one in 20 small business owners tracks their receipts throughout the year via digital platforms, with the majority relying partly on a ...
TAX • Wed, 31 May 2017
Intangible risks demand business resilience
A new report from a mid-tier firm has found that increasing cyber risk and reputational risk mean both accounting firms and their clients need to develop robust crisis ...
BUSINESS • Wed, 31 May 2017
Banks’ commitment to unfair contract legislation a win for SMEs
Accountants should meet with their small business clients to review their contracts following the ASBFEO’s recent warning to the big banks in relation to their ...
ASIC issues reminder on new accounting standards
ASIC has announced its focus areas for EOFY financial reports of listed entities and other entities of public interest, including compliance with three impending ...
Bookkeeping firm set for nationwide expansion
The winner of the Bookkeeping Firm of the Year category at the 2017 Australian Accounting Awards believes the industry should focus on analytics over data entry as it ...
BUSINESS • Tue, 30 May 2017
ATO outlines plans for systems during tax time
The ATO has indicated it will update its systems shortly before the end of the financial year, which an accounting body has indicated is a good move given that the ATO's ...
TAX • Tue, 30 May 2017
Big 4 firm locked in as liquidators for WA developer
Two big four firm partners have now been appointed liquidators to a property group, with the Federal Court ordering they be wound up.
New 'ground breaking' standard released for accountants
A new accounting standard from the Accounting Professional and Ethical Standards Board allows accountants, in some cases, to breach confidentiality if they uncover or ...
'Get frustrated' to be innovative, accountants told
Firms that continue to do what they’ve always done and fail to innovate will risk becoming obsolete in the long term, according to the Innovator of the Year at the ...
BUSINESS • Mon, 29 May 2017
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