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  1. BDO announces key appointment at Perth firm

    office lead audit partner Phillip Murdoch said she is the second experienced local practitioner to join the firm in the last 12 months. “[She will] assist us to continue to deliver high quality services to our valued client base,” said Mr Murdoch.

  2. Big four firm flags ‘material blow’ for SMEs

    is not surprising given how governments have invariably seen it as a cost more than an investment. In the first half of last year, a Treasury-led review of the incentive was announced, only for this to be redirected in December as part of the National...

  3. Professionals warned on legal risks of new software

    significant legal risk to financial services professionals. Speaking at The Adviser Network’s Digital Advice Conversations last week, Holley Nethercote partner Grant Holley explained that digital advice presents several legal challenges, particularly...

    • Type: Article
    • Author: Reporter
    • Category: Tax

  4. Accountants' appetite for robo-advice spikes

    its integration with Class Super will provide a streamlined and simplified tax reporting process for accountants. “In the last 12 months, with the increased spotlight on the robo-advice industry in Australia, we’ve had a lot of interest from IFAs and...

  5. Mid-tier looks to boost, shake up divisions in FY16-17

    to new technologies to change the way those services are delivered. “Our audit, tax and private advisory areas all grew last year. However, we expect that automation and globalisation of workforce needs to be embraced to ensure that we can continue to...

  6. Over 500 limited licence applications still in limbo

    have now been granted, many of which are draft licences, ASIC commissioner Greg Tanzer told the CPA National SMSF Conference last week. “A significant number, nearly 284, have been withdrawn and returned to applicants, because they were incomplete,...

  7. SMEs lack confidence in legislative passing power

    permanent and accelerating company tax rate proposals for small business would be steps in the right direction. “The last Parliament was a watershed one for small business,” Mr Reed said. “For the first time in over a decade small business was moved to...

  8. Is your ‘new financial year’s resolution’ to improve your business health?

    Planning. Estate planning is more than just having an up to date will, however if you haven't reviewed your will in the last couple of years, now is the time to make sure it accurately represents your wishes. Making time to review your assets and...

  9. Industry award provides kick-start for new firms

    recognition to help businesses attract quality staff and clients. The recipient of the New Firm of the Year award in last year’s Australian Accounting Awards, Sovereign Private, said it has given the business further validation among its client base....

    • Type: Article
    • Author: Reporter
    • Category: Business

  10. Accounting director hit with ASIC disqualification

    of the Corporations Act 2001 ASIC may disqualify a person from managing corporations for up to five years where, within the last seven years: the person has been an officer of two or more corporations; and while the person was an officer, or within 12...

  11. H&R Block warns on unclaimed tax

    returns were confident of their accuracy, but after an examination of a sample of self-lodged tax returns from last year, 59 per cent of them contained errors. H&R Block director of tax communications Mark Chapman said that there is a real lack of...

  12. Is the hype around the new super changes warranted or simply codswallop?

    concern to me, primarily because it appears to ignore business owners. Most business owners that I have worked with over the last thirty years invariably reinvest all their available cash back into growing their business; this is in addition to paying...

  13. US market facing similar compliance threats

    values should compliance work be their sole service offering. Speaking to AccountantsDaily at the Sage Summit in Chicago last week, Sage’s executive vice-president for product marketing Jennifer Warawa said there are many accountants in the US market...

  14. Award winner urges accountants to send in submissions

    As submissions flood in for the 2016 AccountantsDaily Australian Accounting Awards, last year’s winner of the prestigious Excellence Award has encouraged accountants to send in their applications. Amanda Kenafake of Power Tynan, the winner of last...

    • Type: Article
    • Author: Reporter
    • Category: Business

  15. Accounting, bookkeeping among most in-demand roles

    managers & controllers’. ‘Business services and corporate advisory’ and ‘analysis and reporting’ functions took first and last place in the top 10 list, respectively. In April this year more than 2,000 Australian employers were surveyed by the...

    • Type: Article
    • Author: Reporter
    • Category: Business

  16. Axe hangs over controversial super policy

    Lewis. “Particularly since there’s an argument that it’s retrospective,” Mr Lewis said. “Hopefully everyone might get one last bite of that cap, and maybe it’ll be prospective rather than retrospective.” Mr Lewis noted there are several administrative...

  17. MYOB teams up with international heavyweights

    NAB’s QuickBiz Loan application. The application allows eligible customers to apply for up to $50,000 in unsecured lending. “Last year, we also partnered with small business lender OnDeck to help ease the process for businesses when it comes to...

  18. SME lender lists on ASX

    Pacific’s most significant acquisition to date was perhaps that of rival SME lender Bibby Financial Services in December last year, with the combined business now employing almost 300 staff, handling approximately $10 billion of annual sales and...

    • Type: Article
    • Author: Reporter
    • Category: Business

  19. ATO reports 90% spike in scams, fraud

    In 2015 almost 87,000 phone and email scams were reported to the ATO, an increase of over 90 per cent from 2014. “In the last couple of years, not only have we seen a significant increase in the number of scams reported to us, but also the different...

  20. KPMG ramps up fintech moves

    of KPMG Australia, and follows the successful Energise accelerator run for the energy and natural resources sector last year. It has been designed to help mutual banks and credit unions and their members gain access to leading fintech innovators. It...

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