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  1. ‘Inappropriate use’ of myGov lodgements set for ATO scrutiny

    the TPB does not necessarily have visibility of all complaints or referrals when the ATO or state law enforcement take the lead in treatments. Court-awarded penalties for breaching tax agent services laws can be as high as $52,500 for each offence by an...

  2. Big four firm hires CFS general manager in leadership shuffle

    build on its market presence in the wealth space. KPMG has announced the appointment of Linda Elkins as its national sector leader for its asset and wealth management practice, with the former Colonial First State executive general manager set to assume...

  3. ASIC dismisses calls for licensed accountants to be excluded from levy

    accessible for all Australians.” CPA Australia have also lobbied hard against the IFM, arguing that the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector....

  4. BDO pushes towards 200 partners with latest appointments

    tax, audit and corporate finance,” Ms Argiris said. “People are choosing to join and to stay at BDO because we hold a market-leading position, underpinned by an entrepreneurial spirit that empowers our leaders and drives our tailored advice. “We’ve...

  5. EY snares Pyne for consultation gig

    to build Australian science, technology, engineering, innovation and industrial capability,” said EY defence industry leader Mark Stewart. “We’ve already seen an influx of inbound investment by multinational equipment manufacturers. Primes need to...

  6. BDO merges east coast offices

    see a combined revenue of $212 million and 126 partners across the east coast. BDO office managing partner in Brisbane and lead for BDO integration Tony Schiffmann said the vote moves the firm’s focus to bringing the other BDO offices onto the path for...

  7. The benefits of turning social

    of digital technology has profoundly altered the way we capture, process and store data. It has changed the way we lead our everyday lives; the way we shop, the way we eat and even the way we think. But the digital revolution has also changed the nature...

  8. Instant asset write-off fails to attract small business

    that exist around the instant asset write-off before we get to EOFY.” The survey also found that computers continue to lead the highest amount of claims at 56 per cent, followed by vehicles at 33 per cent, tools at 23 per cent and office furniture at 21...

  9. How high achievers prioritise wellness

    sauce? We’ve been working on a two-year program with one organisation to profile the wellbeing of over 100 of its senior leaders. Overall, these executives report benefiting from very high levels of meaning and purpose; interesting, challenging and...

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

  10. Finance teams seriously unprepared for cyber attacks

    need to recognise that cyber risk is one that is very relevant to them,” said Geraldine Magarey, CA ANZ thought leadership and research leader. “Assessing cyber risk requires financial awareness to gauge the potential consequences of a breach, which can...

  11. ‘No silver bullet’ in accounting ecosystem

    solution and take a leap forward to reap the benefits of quality data, say industry experts. PwC digital innovation global lead Scott McLiver believes access to better data can provide accountants with key insights into a client’s business, including...

  12. 10% first STP submission fail rate: Employers urged to get in early

    clients onto Single Touch Payroll earlier rather than later to avoid the rush of tax time 2019. According to ATO STP lead assistant commissioner John Shepherd, there are around 118,000 employers now reporting through STP, with the number of small...

  13. IPA signs deal with Sri Lankan member body

    capacity and professional development,” said IPA Group chief executive officer, Andrew Conway. “This agreement will also lead to the transfer of knowledge and sharing of experiences between both Institutes,” said Mr Conway. For the IPA, this follows its...

  14. ‘Experts in technology’: Bookkeepers urged to adapt

    said Ms Hoosen, managing director at Bookwiz Bookkeeping. “With the automation around transactional processing, it can lead to a reduction in revenue for some firms if they are not getting on board with it. “We’ve moved to fixed fee pricing models and...

  15. What working life looks like for young mums and dads

    She said companies need to develop an organisational culture that encourages men to take leave, and importantly, fathers in leadership positions should themselves take leave to lead by example and remove workplace bias. “Fathers would then have a better...

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

  16. PwC, KPMG, EY, BDO reveal ASIC’s audit findings

    that we have obtained reasonable assurance in all audit areas. We believe greater transparency will drive accountability, lead to better conversations across the market about audit quality and, ultimately, build trust.” However, Mr Graham believes...

  17. Why were the ‘quiet Australians’ missed in the election pre-polls?

    vast majority of polls predicted that Hillary Clinton would beat Donald Trump. One poll that did correctly pick Trump in the lead was the USC/Los Angeles Times Daybreak tracking poll. It allowed people to assign themselves a probability of voting for...

    • Type: Article
    • Author: Amanda Hicks, KPMG
    • Category: Business

  18. Thank you for registering the ATO, tax changes and you. Everything you need to know this EOFY

  19. Chris Bowen announces leadership bid, promises policy ‘blank canvas’

    Shadow treasurer Chris Bowen will contest for the Labor leadership against frontbencher Anthony Albanese, promising a fresh look at its policies. Mr Bowen has this morning announced his plans to assume leadership from the departing Bill Shorten. “I...

  20. Busting common myths surrounding STP

    In this episode of Accountants Daily Insider, host Katarina Taurian is joined by the STP program lead at the Australian Taxation Office, John Shepherd, and the director and founder of All That Counts, Lielette Calleja, to discuss the small business...

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