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From number crunchers to triple threats: The evolution of professional accountants In the professional arena, accountants are versatile utility players who possess the critical skills to build highly profitable businesses, except perhaps one. Wr...
Tax justice as social justice: Are financially vulnerable people and small businesses falling through the cracks? Many of the most financially vulnerable people and small businesses are slipping through the cracks because they can’t afford a tax agent. Write comment (1 Com...
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Using journals to make Div 7A loan repayments Practitioners are urged to be careful when it comes to complying with rules governing the payment of a dividend by journal entry to make a minimum yearly repayment on a c...
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Understanding illegal phoenixing and directors’ personal exposure With so much attention firmly focused on COVID-19 and the effect it’s having on business operations, we’re concerned directors could find they inadvertently neglect c...
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Taxing times but EOFY brings light relief Against a backdrop of ongoing uncertainty, it’s easy to forget the end of financial year (EOFY) is fast approaching. And with the stark reality of a global recession no...
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Top tips to manage cash flow in the era of COVID-19 For the first time since the global financial crisis, cash flow has taken the limelight from the northern star of the business world: profit. Many companies have put aspi...
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Financial reporting for COVID-19-related changes The upheaval to society and the economy caused by COVID-19 has resulted in many new arrangements for Australian businesses. Write comment (0 Comments) ...
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Managing cash flow in an accounting practice in tough times (Part 2) Continuing on from the first part of this series which dealt with managing cash flow into an accounting practice, part two looks at managing practice outlays. Wr...
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Running your accounting practice in tough times (Part 1) Accountants in public practice need to consider how their own business survives the COVID-19 pandemic, so here are some ideas to consider for managing cash flow into the ...
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We need to talk some common sense about super Economic pain has been on the horizon for some time now, but no one wins in a race to the bottom. Write comment (2 Comments) ...
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