Regulation

Regulation

ATO provides clarity on offshoring and independence standards

The ATO has provided its views on the outsourcing of accounting and auditing services to offshore providers in...

01 October 2020 • By Miranda Brownlee

more from regulation

Regulation

ATO flags potential issues with audit pooling arrangements

The ATO is advising in-house audit firms to try and avoid entering pooled audit arrangements with other firms in order...

01 October 2020 • By Miranda Brownlee

Regulation

ATO updates discretion approach to entities without an ABN

Small businesses without an ABN looking to access JobKeeper or the cash flow boost are set to benefit from the ATO’s...

29 September 2020 • By Jotham Lian

Regulation

A wrap-up of JobKeeper 2.0

The JobKeeper program switches over on 28 September and with it a number of high-level changes that practitioners and...

25 September 2020 • By Robyn Tongol

Regulation

Profession cautiously receives insolvency reform proposal

The federal government has been called to release further details of its proposal to overhaul insolvency laws, as the...

25 September 2020 • By Jotham Lian

Regulation

Government flags insolvency reform ahead of expected wave of closures

Businesses with less than $1 million in liabilities will be given an opportunity to restructure their affairs and...

24 September 2020 • By Jotham Lian

Regulation

‘Gone are the days of in-house audits’, ATO warns

The ATO is encouraging SMSF firms to start restructuring their audit engagements now rather than hoping clients meet...

23 September 2020 • By Miranda Brownlee

Regulation

ATO confirms stance on reciprocal audit firm arrangements

The ATO has warned that where SMSF firms enter reciprocal auditing arrangements with other audit firms, these auditors...

21 September 2020 • By Miranda Brownlee