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  1. Licensee with accounting services set for acquisition

    the terms of the acquisition, GPS Wealth managing director Grahame Evans will join the board as an executive director and lead the company’s wealth management operations. The wealth businesses currently owned by the Eastern group include Merit Wealth...

  2. SMEs still passive about technology, finds MYOB

    the long-term plan, that's what they've got to think about.” Mr Raik-Allen said that SMEs in Australia are still hesitant to lead the way with new technology. “I was quite disappointed in some cases in some of the results around just how much we are not...

  3. Tax Institute calls out government on ‘unfair burden’

    to frank at the lower rate of 27.5 per cent. This could have the effect of ‘trapping’ franking credits in the entity and lead to the real possibility that much excess credit will be wasted,” Professor Deutsch said. “While we support the reduction of the...

  4. SMEs, accountants reminded of top ATO surveillance area

    Two mid-tier partners have reiterated warnings on the risk of making incorrect work-related expense claims in the lead-up to tax time, following the ATO indicating it will scrutinise all expense claims using data matching technology. ATO assistant...

  5. ATO to ramp up scrutiny of $20K tax break use

    can result in follow-up contact,” Mr Croker said. “Spending leaves a data trail, and the ATO expects that trail to lead to bona fide business activity. Few appreciate the huge amount of data the ATO collects to monitor business spending patterns.” CA...

  6. Turning year-end conversations into advisory work

    discussions which relate to profitability reviews, planning for the new year (budgeting) and even restructuring. Or it can lead to tangled territory and befuddled clients. So we neatly avoid the meeting, because we can. And that’s become a huge...

  7. Tips for managing change in your firm

    communication is one of the key factors in the successful implementation of change. Get the right people in place to lead the change. What skills do you need? What attitudes are you looking for? And who has them? Devise the vision and strategy. What...

  8. Big 4 firm boosts cyber security service with acquisition

    commerce and health care systems from cyber-threats had never been more important, according to Richard Watson, EY’s lead partner cyber APAC. “Connected infrastructure, growing networks and internet-enabled devices mean our communities are increasingly...

  9. Mid-tier ups tech offering with new portal

    range of professional business advisory services,” he said. Moore Stephens Victoria associate director and Stream project lead, Amy Riddell, added that the portal would also help maximise collaboration opportunities. “While SMEs are becoming...

  10. Accounting network reveals CEO package

    Countplus chairman Ray Kellerman said, “The Countplus board is delighted to have a five-year commitment from Mr Rowe to lead the transformation of Countplus and our revitalised growth strategy. “The contract outlines an incentive structure aligned to...

  11. New accounting recruits reject traditional drawcards

    things and more, as opposed to focusing on high remuneration according to Mr Barr. “Money is always a thing but it's not the lead thing. If somebody says they’re going to leave and you offer them more money then what happens is you don't buy loyalty,...

  12. Personal insolvency numbers spike across Australia

    who are holding on but not doing much better than that, so any upward movement in interest rates is probably going to lead to an increase in insolvencies.”

  13. Receipt Bank partners lead the way in Australian Accounting Awards nominations

    across the entire accounting industry. Receipt Bank's Australia country manager, Sophie Hossack, will be presenting Thought Leader of the Year, Partner of the Year (boutique firm), Bookkeeper and Bookkeeping Firm of the Year on the night. Many of this...

  14. CFOs held back by historical practices, research finds

    to spend less time on report preparation and data collection and more time on forecasting and scenario analysis which would lead to improved agility. Forty-nine per cent of CFOs surveyed believe predictive analytics will contribute most to agility,...

  15. How To Be Indispensable To Small Business Clients

    to tailor our skills to understand the unique needs of each client and turn this into high level value that will ultimately lead to continued growth and profitability for their business.” The way forward I’m delighted that at QuickBooks Connect we...

    • Type: Article
    • Author: By Nicolette Maury, Vice President and Country Manager, Intuit Australia
    • Category: Business

  16. Popular tax incentive on shaky ground, lawyer says

    how much.” IPA’s senior tax adviser, Tony Greco, said the government’s promise to return the budget to surplus in 2021 would lead to a raft of “corner cutting” measures that would not cost them votes, leaving the R&D scheme open for tinkering. “My...

  17. Big 4 deems new accounting standard counterintuitive

    affect how Australian insurers report profitability and their financial position. KPMG’s Asia-Pacific insurance accounting leader, Scott Guse, told Accountants Daily that while the standard will help achieve consistency worldwide, Australian insurers...

  18. Global accounting network elects new CEO

    January 2018 for a five-year term, replacing current CEO Ed Nusbaum who will retire at the end of 2017 after eight years of leadership. Mr Bodin, who was the CEO of Grant Thornton Sweden for 16 years and spent five years as chairman of the GTIL board,...

  19. Software boss announces partnership with accounting body

    The myprosperity portal also has functionality that is advantageous to accountants, including digital document signing, lead generation, uploading documents and receipts, and tagging tax items. “Having seen myprosperity in detail, I am convinced that it...

  20. Budget misses compromise payments, tax efficiency

    the brakes on creating an efficient and productive tax system, and leave a crucial small business issue outstanding. In the lead up to this year’s federal budget, representative bodies and the business community alike again called on the government to...

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