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  1. Why an automated finance team will pay dividends

    sales process, ready to manage transactions by issuing, monitoring and, ultimately, closing out invoices. This reality can lead to these teams being viewed as administrative staff, supporting other departments but not necessarily bringing in business...

  2. Experienced pair promoted to partner at Cor Cordis

    insolvency and forensics, and specialised in forensic accounting and expert witness engagements. She had been appointed to lead Cor Cordis’ forensic practice nationally as the firm looked to grow its reputation in that space and develop specialist teams...

  3. Why digital payments will fuel the post-pandemic economy

    for the global economy “quite worrying”, is likely to do the same with plenty of research suggesting that economic downturns lead to greater digitisation, which in turn can be an effective future-proofer. How companies can get ahead The pandemic and...

  4. 2023 crystal ball: Four things that will happen, and four that won’t

    about the potential for tax reform over the past year. CPA Australia has been encouraging the federal government to lead GST discussions with the states and territories to help the transition away from inefficient taxes, such as stamp duty. While we...

  5. How an unpredictable year left a lot undone

    and a secondary (four-factor) test. We have publicly shared concerns regarding the announced reforms that we believe would lead to unintended outcomes while unnecessarily increasing the compliance burden for many taxpayers. We believe further...

  6. Why accountants must be alert to 100A agreement traps

    (usually), or someone connected to the client that actually takes the action – that is, engages in the agreement. The steps leading up to the agreement very often involve advisers. Discussions are had. Emails are exchanged. Advice is sought. But all of...

  7. SMEs ‘ready to embrace’ automated document handling

    in Australia on his first tour of the regions after being appointed in October, arrives at Dext with extensive experience leading technology companies including Sage and, immediately prior to his appointment, recruiter Thomas International. Dext...

  8. Four essential functions for any ambitious finance team

    flow at the heart of the finance function, any future plans must be backed by sound financial input. Fortunately, finance leaders have a growing selection of tools and technology to provide detailed business insight enabling the right decisions for...

  9. Perth cafe issued with more than $190k in penalties 

    about payment to the inspectors. “Anything you say about me or the company about not paying according to award wage can lead to a heavy fine and closing of this business. This is very serious … if you say the wrong thing we will all be out of a job,”...

  10. Why lockdown DPNs put accountants in jeopardy

    means that unless the company pays the ATO debt, the director will become personally liable. And that could eventually lead to his or her bankruptcy. Under a lockdown DPN, directors are unable to avoid personal liability by placing the company in the...

  11. What the FTX fallout means for accountants

    control over their assets. “Although this solution is effective at removing the counterparty risk of the exchange, it does lead to a new set of risks that investors should educate themselves on. Crypto investors who self-custody will need to educate...

  12. First female CEO appointed to Office of Financial Management

    as the South Australian Government Financing Authority and Hall Advisory. “Ms Hughes has more than 20 years’ experience as a leader in both the public and private sectors, holding senior roles in finance throughout the Asia-Pacific and in the South...

  13. Have a plan, stash the phone and join the party people!

    people and businesses budget on the RSVPs they receive. There’s an art to networking and many business parties in the lead up to Christmas will test people and how they mix with colleagues, thank their customers and clients, and build rapport with...

  14. How CPA Australia adds unparalleled value to your career

    look to the world-renowned CPA designation to give them a competitive advantage, enabling them to stay ahead of trends and lead genuine change. Accountancy is evolving. The skill sets required of the nation’s accounting and finance professionals are...

    • Type: Article
    • Author: CPA Australia
    • Category: Business

  15. What Labor’s IR bill means for accountants

    extend for any longer than two years.” He said the government had proposed the changes as it found that fixed-term contracts lead to insecure work, it was trying to rectify. “I think these changes can be quite far reaching,” said Mr Nicolazzo. “I know...

  16. KordaMentha expands financial crime division

    proactively manage their regulatory risk,” she said. She said Mr Storey’s appointment “strengthened the firm’s position as leader” in financial crime advisory. “Richard is a wonderful addition to our team and will become a real asset to our clients and...

  17. Anxious Aussie FTX investors await creditor meeting for clarity

    cryptocurrency business has reignited calls for greater regulation of the industry and exchanges, with Australia striving to lead the world with a token-mapping project. “We are closely monitoring the fallout from the FTX collapse, including further...

  18. Small business must be ruthless over payments: CreditorWatch

    payments was starting to have a serious impact. “Trade receivables continue to decline and trade payments defaults, a lead indicator of insolvencies, are at their highest point since October 2020,” he said. “Small businesses are crying out for...

  19. Xero appoints tech high-flyer as next CEO

    continues to focus on achieving our global ambitions, we’re delighted to appoint someone of Sukhinder’s calibre as CEO to lead Xero through our next phase of growth,” said chair David Thodey. “Sukhinder’s appointment follows a rigorous global...

  20. Insolvencies enter ‘unchartered waters’ during holiday break

    we will start to see further enquiries and more distress,” she said. The ATO cautioned against insolvency advice “that could lead to illegal phoenix activity” in an update last week. “Some insolvency advisers suggest actions designed to help directors...

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