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Melbourne-based accounting firm joins AZ NGA collective
The firm has entered into a mutually beneficial strategic partnership to provoke collaboration and growth across both organisations.
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Australian .au domains are now the 10th most popular globally
Despite criticism of the rollout of the shortened .au domain late last year, auDA says it now provides almost 4 million domain names.
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ATO destroys 26,670kg of illicit tobacco in rural NSW operation
The action as part of Operation Junglevine2 saw $4.4 million in illicit tobacco eliminated.
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ACCC to set up National Anti-Scam Centre with $58m in funding
The government investment will make Australia a harder target for scammers, says the organisation.
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Former Telstra and NBN boss to lead an independent review of PwC
The review's findings and recommendations will be provided in September, which is also when the firm’s former CEO Tom Seymour will retire from the partnership.
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Tougher enforcement needed on client verification, says OCR Labs
Client verification standards for tax agents must be made mandatory to combat the growing threat of identity fraud, an ID verification specialist warns.
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PwC establishes AI-powered contract intelligence system
The technology will provide significant cost savings and reduce revenue leakage, says the firm.
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Ai Group chief doubles down on wage theft criminalisation stance
Criminal penalties will hinder not help impacted workers, the association says in its response to the government’s consultation paper.
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Australian Mines MD fined $70k, banned for 2 years
Benjamin Bell misled investors over project funding and the value of an asset, the federal court found.
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Intuit QuickBooks launches free Online Accountant software
The software will be available in more than 170 countries to help accounting and bookkeeping professionals easily shift to the cloud, says the firm.
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Talented women vote with their feet, top firms warned
Many Women in Accounting award winners set up on their own when their career paths were blocked, say Rebecca Mihalic and Guy Pearson of Ignition.
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$23m budget boost will put 60,000 Cyber Wardens on patrol
The programs aims to show small businesses how to manage digital risks and avoid being scammed.
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ATO crackdown focuses on rental properties, work claims, CGT
A trio of targets will get special scrutiny this year and the Tax Office expects to issue fewer refunds.
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Aged care provider underpaid staff more than $3.5m
The underpayment of almost 5,000 employees comes as the government provides a 15 per cent increase in the industry’s award wages.
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SMSF industry rallies support for specialist with cancer
Accountants Daily’s sister brand SMSF Adviser is hosting a webcast in June to raise funds to help prolong the life of an SMSF specialist battling cancer.
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American accounting association offers additional learning platform
The program will help accounting and finance professionals improve and update their skills for the contemporary environment, says AICPA and CIMA.
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Airwallex doubles down on borderless payments mission
Rapid growth in its products and global footprint encourage an ambitious statement from its co-founder.
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ATO rental property focus to keep accountants on their toes
An understanding of how CGT works for homes and rentals is vital, says HLB Mann Judd.
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$4.4m in back pay: UTS joins list of universities short-changing staff
More than 2,777 employees were underpaid over seven years with some individual shortfalls exceeding $200,000.
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Finalists announced for 10th Australian Accounting Awards
Over 280 finalists have qualified to battle it out at the prestigious Australian Accounting Awards 2023, to be held in June.
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