Accountants told to up their game on cyber security
As cyber security becomes an issue of national security, businesses must manage cyber risks as a part of daily business operations, according to one mid-tier partner.
TECHNOLOGY • Thu, 23 Feb 2017
Mid-tier slams ambiguous taxpayer alert
A recent taxpayer alert targeting stapled trust arrangements in trading businesses doesn’t explicitly exclude SMEs, resulting in confusion over the scope of the alert, ...
TAX • Wed, 22 Feb 2017
Big 4 partner defects to rival firm
An accountant has abandoned his role as director in one of the big four firms to take up a position as partner in the audit team of another.
APPOINTMENTS • Wed, 22 Feb 2017
Updated compliance standard seeks to provide clarity
The Auditing and Assurance Standards Board has updated its compliance engagements' explanatory standard, seeking to give assurance practitioners more clarity moving ...
ATO issues further taxpayer alerts on key focus areas
The ATO is continuing to crack down on the incorrect use of the Research & Development Tax Incentive program, issuing an additional two taxpayer alerts.
TAX • Tue, 21 Feb 2017
Insolvency firm snags mid-tier chartered accountant
A former mid-tier accounting firm director has departed to take up the role of partner at a national insolvency firm.
REGULATION • Tue, 21 Feb 2017
Impending GST changes good news for SMEs
Two mid-tier partners have said that the changes to GST introduced to Parliament last week is a good first step in helping Australian SMEs compete with overseas entities
Accountant fights back as ASIC issues ban
A Sydney-based accountant is seeking a review of ASIC’s decision to permanently ban him from providing financial services because of dishonest behaviour.
TAX • Mon, 20 Feb 2017
Major accounting body pushes govt for GST, corporate tax review
A major accounting body has made a pre-budget submission to the government, urging it to diversify Australia’s economic base and create a sustainable tax system, which ...