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  1. CA, CPA targeted in IPA's challenge to government

    about advancing individual brands, and not about advancing the brand of accounting,” he said. The joint accounting bodies last met in 2012. Since then, there have been significant leadership changes and structural reform at CA ANZ and CPA Australia....

  2. 4 ways cloud software can enhance your practice

    services – are the next advancement to expect in cloud accounting practice software. Sage is at the forefront of this trend, last year launching Pegg, the world’s first accounting chatbot. Pegg allows accountants to manage their clients’ financials...

  3. Addressing The Advice Gap Paradox

    are considering a relationship with a financial expert instead, however, investment advice isn’t easy to do well. The last thing accountants want is to refer clients to a financial planning firm that could damage valuable relationships. Accountants face...

    • Type: Article
    • Author: Chris Brycki, Stockspot
    • Category: Business

  4. Big 4 tips bullish M&A market in 2018

    also found that 72 per cent of Australian executives felt that the global economy was improving, more than double from the last survey, while the percentage who felt positive about their own local economies tripled from 21 per cent to 62 per cent. EY...

  5. Bookkeepers and accountants are 'not in competition', says ICB

    agents will start to eat into the market share of bookkeepers by taking over data processing tasks as technology improves. Last week, Anderson Tax & Consulting executive director Debra Anderson predicted that the bookkeeping industry would see “many...

  6. Winners revealed in 2017 SMSF and Accounting Awards

    accounting advice in Western Australia,” said Accountants Daily’s head of partnerships, Terry Braithwaite. Perth marked the last stop on SMSF Adviser and Accountants Daily’s national road show, and the crowd this evening ensured a fantastic sign-off....

    • Type: Article
    • Author: Reporter
    • Category: Super

  7. Association alleges CPA fallout ‘spooked’ regulators

    2018. AIOFP executive director Peter Johnston told delegates to the association’s national conference on Hamilton Island last month that external events have held up the AIOFP’s application, which was filed in May 2017. “The primary problem has been the...

  8. Big 4 firm adds new Melbourne partner for HNWs

    said the appointment is a result of strong growth within the division, which has seen significant revenue growth over the last three years. Since 2016, KPMG Enterprise has established a high growth ventures arm working with start-ups and entrepreneurs;...

  9. Which tax policies are fuelling Australian property prices?

    would be low, this announcement was just lip service to be seen as doing something on affordability. Negative gearing: Last but not least, our favourite tax planning strategy for high income earners. In 1985 the Hawke administration introduced the...

  10. Big names not enough as voluntary resignations spike in accounting

    high”, he believes it may be a result of the changing attitudes towards the gig economy, a trend he predicted this time last year. “One of the key things that we see is how temporary and contract employment has become a lot more the norm,” said Mr...

  11. CPA bites after tech giant's roasting

    of the Future of Financial Advice reforms, which saw the wildly unpopular limited licensing regime kick in for accountants last year. Some of these members have voiced their opinion via our sister title, SMSF Adviser. You can view the comments and join...

  12. Government marks further super changes, boosts ATO's portfolio for 2018

    hardship and as compensation to victims of crime, and is handing more regulatory responsibility to the ATO. In a statement last week, Minister for Revenue and Financial Services Kelly O’Dwyer said Treasury will be reviewing the current rules governing...

  13. Accounting, fintech software firm bolsters leadership team

    announced an app partnership with Xero, targeting the corporate and trust compliance process. Most recently, late last month Tom Eustice was appointed as national sales director at NowInfinity, to service the accounting and bookkeeping market, and grow...

  14. Audit office reaches verdict following tax revenue hole

    the ANAO’s analysis of ATO data, the proportion of settlement variance for large businesses was less than 50 per cent in the last three years, often lower than other market segments and in 2015-16 was the lowest (26 per cent) among all market segments....

  15. Government pushed to address tax, property glitches

    and tax office will need to move on this soon, with the First Home Super Saver Scheme passing both houses of Parliament last week. “That means that for the person making personal contributions or salary sacrificing contributions [for the scheme], the...

  16. CPA’s advice arm heads for review as CEO gig gets ‘strong’ interest

    to get authorised under an AFSL. Aside from its huge losses, it has also only onboarded 27 authorised representatives as of last month, which is well short of the business case estimates of 250 by this year. If its current pace of growth continues,...

  17. Twofold increase for alternative lending a ‘good sign’ for accountants

    of a spike in job growths, with recent figures by the Australian Bureau of Statistics showing over 61,000 new jobs in the last month. “There has been an uptake in activity in the small business space, as more than 50 per cent of employment comes from...

  18. Advice, tax group makes WA acquisition

    the issuance of $956,000 of shares in the company at an issue price of $0.15 per share (a 25 per cent premium to the last closing price, and reflecting the 90-day VWAP) for a total of 6.37 million shares; and the issuance of a two-year interest-free...

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

  19. ‘Western Sydney is a powerhouse,’ says KPMG as big 4 firms move in

    growing their presence in western Sydney. Deloitte is the largest, located in Parramatta and Norwest Business Park. In June last year, PwC announced that about 200 staff would be relocated to the Western Sydney University Parramatta campus. It also has...

  20. Lightweight valuations could tip off the ATO, accountants told

    invested in trying to increase the value of that property as much as possible in terms of the reset of the cost base.” Last month, ATO assistant commissioner Kasey Macfarlane said an independent valuation by a professional valuer is one of the strongest...

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