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Regulation

Regulation

Legislative change ‘crucial’ to simplifying reporting for smaller NFPs

The joint accounting bodies have called for “crucial amendments” to define which smaller not-for-profits can apply a...
28 February 2025 • By Imogen Wilson

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Regulation

Accountants must prepare for anti-money laundering reforms now, warn experts

Accountants need to get on the front foot and prepare for the sweeping reforms in the Anti-Money Laundering and...
24 February 2025 • By Keeli Cambourne
Regulation

Oversight body must ‘stand the test of time’, says CPA Australia

The new oversight body must have a sound legislative basis and incorporate current provisions and a governance...
24 February 2025 • By Imogen Wilson
Regulation

Is Your Accounting Practice at Risk of a Cyber Breach?

As an accountant, your practice handles large amounts of sensitive client information every day. You have a legal duty...
23 February 2025 • By LegalVision
Regulation

CA ANZ issues warning about oversight body merger

Excluding practising accountants from the proposed financial standards body is akin to having a medical standards...
21 February 2025 • By Miranda Brownlee
Regulation

Anti-money laundering rules ‘inflexible’ for sole practitioners, small firms

The rules and the language contained in AUSTRAC’s exposure draft for the new anti-money laundering rules do not...
18 February 2025 • By Miranda Brownlee
Regulation

Government to protect Aussies with ‘ironclad’ scam laws

The government has passed “the world’s toughest” anti-scam laws to prevent Australians from being an easy target for...
17 February 2025 • By Imogen Wilson
Regulation

ATO updates client verification guidance

The Tax Office has clarified in a recent update that client-to-agent linking cannot be used as a method to verify a...
13 February 2025 • By Miranda Brownlee