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  1. Tackling the new landscape of climate reporting

    losing clients to firms that can provide this guidance. This is a chance for accountants to step up, provide clarity, and lead their clients into the future. How should accounting firms prepare to help their clients? It starts with education. Make sure...

  2. Moore Australia appoints Jarron Puszet to lead M&A divisions in Victoria, Tasmania

    brands, professional services and agriculture. “Jarron’s appointment is a key part of our strategy to further solidify our leadership position in M&A advisory,” Sakkas said. "With Jarron’s leadership, we are confident that we will not only expand our...

  3. Treasury's consultation on new oversight body ‘inadequate’, says CPA

    needs to be considered very carefully to avoid any unintended consequences,” said Tiffany Tan, audit and assurance lead for CPA Australia. “We emphasise the importance of adequate consultation and co-design with key stakeholders.” “Having less than a...

  4. Further guidance needed on material loss issue

    has refrained from providing clear guidance on what constitutes a material loss for the ATO. This lack of specificity could lead to interpretations inconsistent with the policy objectives of the breach reporting requirements. Consider this scenario: A...

  5. 'Punitive' GIC changes may trigger business failures, warns Tax Institute

    have significant consequences for the wider economy," the submission said. "A potential rise in business failures could lead to increased unemployment, reduced consumer spending, and slower economic growth, creating a cycle of hardship that affects not...

  6. Advisory firm Morrows appoints Kellie Stark as executive director

    a milestone in the firm’s succession planning as it looks towards the future. “Kellie’s appointment strengthens our internal leadership and our capacity to mentor emerging talent, ensuring we continue delivering exceptional service,” Lauren Moulynox,...

  7. BDO appoints new national migration services leader

    The firm has continued its New Year appointment streak with new migration services leader, Rebecca Thomson. BDO has announced the appointment of Rebecca Thomson as its new leader of migration services across Australia, a “new and improved” chapter for...

  8. Resilience coach calls for accounting partners to be more attentive

    Conversations around pressure and the elements included within it would create a sense of relief and support, which would lead to staff retention, Sigley said. Pressure aspects included self-criticism, perfectionist syndrome, cognitive overload, a sense...

  9. Underpaid super affects 1 in 4 NT workers, tax data reveals

    would modernise the super payment system while decreasing the amount of unpaid super across the country. “Payday super will lead to almost nine million Australians getting their super contributions more frequently throughout their working life.” “SMC...

  10. CA ANZ sued by female employee over sexual harassment at work party

    experience specialist”, accused CA ANZ of failing to prevent an “unwelcome” kiss by superannuation and financial services lead Tony Negline during drinks after a Christmas function in 2023. Bailey also said CA ANZ, her employer since 2009, “belittled,...

  11. Forvis Mazars unveils new leadership and governance structure

    governing board. According to the firm, the group governance board would have a group executive committee entrusted with leadership and execution of decisions and implementation of strategies. With the new structure, Hélias as chairman was set to lead...

  12. Insight: Integrating AI into your business in 2025

    helping clients make informed decisions. These insights don’t just add value – they position your firm as an innovative leader in the industry. 6. Personalise the client experience AI’s ability to process vast amounts of data quickly makes it an...

    • Type: Article
    • Author: Olivia Long, SMSFAI
    • Category: Business

  13. 5 common accounting mistakes SMEs must avoid in 2025

    process that can do major damage to the accounting of a small business. Typos, missing numbers, or misplaced decimals can lead to incorrect financial records, affecting everything from tax reporting to cash flow management. One missed decimal point can...

    • Type: Article
    • Author: Rakesh Prabhakar, Zoho
    • Category: Business

  14. CPA outlines gaps in system for combating financial abuse

    managed the finances, leaving the other with limited knowledge or access to financial resources." CPA Australia tax policy lead Jenny Wong said systemic inadequacies within the legal and financial systems also contribute to the prevalence of tax and...

  15. Accountability for Accountants: The secret to a successful 2025

    accountability comes in. While it’s often thought of as a tool for teams, it’s just as powerful for business owners and leaders. Accountability provides the structure, perspective, and nudges you need to achieve your goals - even when client demands or...

    • Type: Article
    • Author: Michelle Broadbent, Accountability Circle
    • Category: Business

  16. Government’s AI plan must include small business focus, says CPA

    or infrastructure is required for Australia to get the most out of AI technologies. CPA Australia business and international lead, Gavan Ord, said the success of any AI capability plan will be contingent on many factors including appropriate regulation....

  17. ATO flags priority areas for Next 5,000 reviews for 2025

    One area the ATO is targeting with its reviews is businesses that are experiencing rapid growth, which the ATO said can lead to incorrect reporting if the tax governance framework isn’t fit for purpose for a growing business. The ATO said will also be...

  18. Consumers warned to avoid post-Christmas ‘spending hangover’

    spending, with 78 per cent compared to 71 per cent. Kirkland said those who had planned to increase their spending could lead to costly decisions such as putting too much on credit or entering unnecessary debt. “If you do find yourself with too much...

  19. Insight: Balancing profitability and work/life harmony at Access All Areas

    doesn’t mean equal – it’s more like a pendulum. Some weeks, work takes priority, and other weeks, personal life takes the lead. During our discussion, Catarina shared a pivotal moment where her kids gently pointed out that she was working too much. It...

    • Type: Article
    • Author: Kyelie Baxter, IQ Accountants
    • Category: Business

  20. ATO to home in on incorrect tax residency claims

    is a key risk in the privately owned and wealthy group market,” the Tax Office said. “Incorrect residency disclosures may lead to other tax risks, which may present for the taxpayers and their wider group.” It was also noted that additional risks may...

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