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Insights
5 tips to getting BEPS right every time Eight out of 10 Australian companies say they can’t comply with the new Year 2 local file requirements without some assistance, as part of the base erosion and profit ...
Accounting for cloud-based software With cloud services now prevalent, we’re faced with a fundamentally different economic model to traditional licence, purchase or hire purchase arrangements, so how do w...
The mismatch we face in financial advice Accountants in the financial advice sector need to focus on the future, with radical improvements to a “tattered” financial services industry imminent. Write ...
What is the future of the finance function? With disruption impacting every facet of business, the finance function needs to keep up with the changes and adopt a business partnering perspective. Write comme...
Navigating new privacy legislation The importance of individuals’ privacy continues to be reinforced with the Australian government’s mandatory Notifiable Data Breaches (NDB) scheme and Europe’s Gene...
One-Year Bankruptcy: What could possibly go wrong? A change to Australia’s bankruptcy provisions is in the wings, marking the biggest shift since debts were paid in pounds and pence. Write comment (5 Comments) ...
Preparing for the hybrid mismatch rules The new hybrid mismatch tax rules can apply in a broad range of scenarios and, when relevant, can have significant adverse outcomes, including denials of tax deductions...
Single Touch Payroll: What businesses need to know With Single Touch Payroll (STP) kicking off for businesses with 20 employees or more earlier this year, and small businesses set to be captured soon, it is time to take...
Embrace change now or risk losing everything With the start of the new financial year, the time has never been better for accountants to commence planning for the future. In fact, those who fail to embrace change ri...
Navigating contracts with insolvent counterparties Australia has some of the toughest insolvent trading laws in the world in order to protect creditors of distressed companies, and new reforms have had a major impact on u...
Who the bloody hell are you? A relatively high percentage of what we do as small business accountants can be done within comparable quality by any other accountant. So what’s your point of differen...
Understanding the evolution of blockchain and cryptocurrencies While it’s unlikely that traditional accounting will be replaced by a blockchain method in the near future, accountants should keep a keen eye for any developments and ...