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Regulation

JobKeeper extension for aviation industry
Regulation

PM implored to consider JobKeeper extension for aviation industry

The aviation industry is calling on the government for additional support, as one of Australia’s hardest-hit...
25 January 2021 • By Cameron Micallef

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Predictions for the profession in 2021
Regulation

‘No demand shortage’: Predictions for the profession in 2021

Accounting professionals are likely to remain in hot demand over the coming year as they continue to play a pivotal...
14 January 2021 • By Jotham Lian
ATO
Regulation

ATO provides update on timeline for auditor independence guidance

The ATO plans to publish detailed guidance on the independence standards impacting in-house audits and its compliance...
14 January 2021 • By Miranda Brownlee
AAT
Regulation

Liquidator sees registration suspended after AAT review

A registered liquidator has succeeded in reducing his banning order following a review by the Administrative Appeals...
14 January 2021 • By Jotham Lian
Tribunal reduces agent’s banning order
Regulation

Tribunal reduces agent’s banning order

A deregistered tax agent has successfully reduced his banning order by half after pleading his case with the...
11 January 2021 • By Jotham Lian
SMEs cautioned on cash-flow pressure as insolvency reforms kick in
Regulation

SMEs cautioned on cash-flow pressure as insolvency reforms kick in

Troubled businesses looking to access the new simplified debt restructuring process should be wary of a potential...
07 January 2021 • By Reporter
Firms warned against delaying audit decisions for ATO letter
Regulation

Firms warned against delaying audit decisions for ATO letter

SMSF firms holding off on making business decisions regarding the auditor independence standards until they receive...
07 January 2021 • By Miranda Brownlee
Jail, $640k fine for myGov-lodging unregistered agent
Regulation

Jail, $640k fine for myGov-lodging unregistered agent

A Brisbane man has now been sentenced to seven and a half months in jail and fined $640,000 for repeatedly providing...
04 January 2021 • By Jotham Lian