Business

Business

Accounting bodies flag top compliance failures across quality reviews

Poorly documented or incomplete systems for quality management and issues with engagement letters are some of the...

15 March 2024 • By Miranda Brownlee

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Business

Blame game erupts over ATO’s client-agent linking

Widespread confusion caused by the process shows something has gone wrong, but tax agents, professional bodies and the...

13 March 2024 • By Christine Chen

Business

Invoice defaults climb to record highs: CreditorWatch

Payment defaults from business-to-business transactions are at record highs despite a slight improvement in...

13 March 2024 • By Miranda Brownlee

Business

Client-agent linking threatening ‘viability of practices’, CA ANZ tells ATO

Complex processes, technical glitches, and insufficient ATO support with client-agent linking are having a direct...

12 March 2024 • By Miranda Brownlee

Business

Guide to business resilience launched amid rising insolvencies

Vantage Performance and CreditorWatch have released a guide for assisting businesses to put resiliency plans in place.

11 March 2024 • By Miranda Brownlee

Business

Tax Office targeting DPNs at directors with high-value assets

The ATO is increasingly using data-matching tools to identify which directors have the assets to meet director penalty...

11 March 2024 • By Miranda Brownlee

Business

Former accountant pleads guilty to stealing from clients

Damien Luscombe pled guilty to making fraudulent transactions from client accounts at the Victorian County Court last...

11 March 2024 • By Miranda Brownlee

Business

ATO’s adviser strategy zeroes in on late-paying partners

Private, wealthy professional advisers are less compliant than the ATO had expected and are therefore being targeted...

11 March 2024 • By Nick Wilson