Big 4 firm finds companies failing to reduce costs
One big four firm is urging Australian companies to review their cost management strategies after finding that the majority fail to meet their cost reduction goals ...
REGULATION • Wed, 02 Aug 2017
MYOB ‘strongly opposed’ to Labor’s trust tax
Accounting software provider MYOB has hit out at the Labor Party’s proposal to tax trust distributions 30 per cent, claiming that it will negatively impact Australian ...
TAX • Wed, 02 Aug 2017
Calls for SME tax flexibility amid changes confusion
One mid-tier firm has called on the government to consider introducing legislation that would allow small businesses to elect one of two tax rates, as confusion mounts ...
New advisory training program launched for accountants
Two consultants have launched a training program for accountants and bookkeepers, in an effort to assist those professionals who are looking to transition into an adviser ...
BUSINESS • Wed, 02 Aug 2017
Government taskforce makes raft of tax, ABN proposals
The Black Economy Taskforce has released a consultation paper of potential policy ideas, which include amending payroll tax processes and overhauling the ABN model.
Value pricing headwinds persist, consultant finds
While many accounting firms are pursuing the idea of value-pricing in favour of the traditional billable hour, one consultant has reminded them to consider non-financial ...
BUSINESS • Tue, 01 Aug 2017
Software provider calls for ethical development of AI
One accounting software provider has released guidelines on creating ethical and responsible artificial intelligence (AI) for business, based on the findings from its own ...
TECHNOLOGY • Tue, 01 Aug 2017
Spike in regional accountants' advisory take-up
New research from an accounting software provider has revealed that accountants in regional and rural areas are providing more advisory services in a bid to grow their ...
Accountants 'high profile' targets for cyber crime
As more accounting firms start to take on ownership of their clients’ IT systems, a “layered approach” to cyber security is vital to protecting both the firms' and ...