Regulation

Regulation

‘Meaningful’ penalty regime needed to deter misconduct, says senator

The failure of PwC to make any reports to CA ANZ about the Peter Collins matter demonstrates major flaws in...

06 March 2024 • By Miranda Brownlee

more from regulation

Regulation

Professional bodies ‘need a rocket under them,’ senator says

The TPB was grilled over its information sharing processes with professional authorities, following CA ANZ’s wrongful...

01 March 2024 • By Nick Wilson

Regulation

‘Proportionate response’ needed on consulting firm inquiries, cautions IPA

The government must avoid punishing hardworking accountants doing the right thing with its response to recent...

29 February 2024 • By Miranda Brownlee

Regulation

ATO ramps up landlord data matching

The Tax Office will receive data from 900,000 landlords to tighten compliance around rental bond income.

28 February 2024 • By Christine Chen

Regulation

Rein in ‘enormous’ big 4 partnerships, small firms urge

CPA Australia and IPA agree that the cap of 1,000 partners should be cut to ensure greater regulation and scrutiny.

27 February 2024 • By Christine Chen

Regulation

Senators brand CA ANZ’s big 4 regulation an ‘absolute failure’

The accounting body has admitted the PwC partner responsible for the tax scandal falls outside of its by-laws during a...

26 February 2024 • By Christine Chen

Regulation

Employer audits to surge, ATO warns

The ATO is clamping down on accounting errors with employment taxes and nudging employers to shift their SG compliance...

19 February 2024 • By Christine Chen

Regulation

ACCC to prioritise complaints from business and consumer groups

New legislation will require the ACCC to respond to ‘systemic or significant’ complaints from designated consumer and...

19 February 2024 • By Nick Wilson