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  1. Pessimistic CFOs fret over cyber risks, ESG and economy: Deloitte

    incident recently. “Cyber security has become an increasingly prominent business risk,” said Mr Gustafson. “In the last 12 months, 32 per cent of surveyed CFOs had confronted at least one cyber security incident in their business, and 86 per cent of...

  2. Local FTX creditors will need patience: KordaMentha

    to emphasise this is an incredibly complex matter that is going to take a significant amount of time to work through.” Late last week in the US Mr Langdon met the restructuring team for the 102 FTX companies in bankruptcy — the FTX Debtors — to advocate...

  3. 100A ruling leaves trust decisions haunted by ‘uncertainty’

    result will be an additional tax burden on small family business, tax professionals say. Final ruling TR 2022/4 released last week has quickly attracted critics for its lack of substantive changes to the draft published in February despite an extended...

  4. Eight new year resolutions every accountant should adopt

    there are some who have reached their use-by date. Take a close look at how you communicate with clients, including when you last had a meeting. Review your letters of engagement – CPA Australia’s terms of engagement templates may help you. Get...

  5. SMEs plead for help on energy costs, net zero

    interest rate rises and red tape - has the potential to sink struggling businesses. “The federal government needs to combine last week’s bill relief measures with advice that helps businesses to deal with the complex web of the energy market.” Business...

  6. Old hands ‘paying for higher graduate salaries’

    for 20-plus years. The remuneration report showed that they're actually having an a negative impact to their salaries in the last 12 months. “So they're being paid less so that we can actually fund these higher salary at the entry level spots, so that...

  7. How to find the tax compliance model that fits

    No doubt. But if that person leaves, and the next person leaves, it becomes a process of following whatever was done last year. This is a big risk. And if all communication to collate data, interrogate and review calculations etc is done by email, then...

  8. ASIC issues infringement notices to energy company for greenwashing

    has come under fire from the Australian Security and Investments Commission for allegedly greenwashing its claims. In March last year the Australian Competition and Consumer Commission said it would be cracking down on ‘greenwashing’ by closely...

  9. COSBOA CEO resigns after 18 months

    needs of our members during a time of major upheaval.” Mr Addison also pointed to the importance of Ms Boyd’s role at last year’s Jobs and Skills Summit. “Alexi represented small business at the Jobs and Skills Summit, initiated and led the development...

  10. ATO updates TBAR guidance ahead of new time frames

    will be impacted and let them know about the change. “Get your reporting in as soon as possible. Don’t leave it [until] the last moment,” Ms Vellotti cautioned.

  11. EY appoints finance high-flyer before split

    “It is a unique opportunity to be part of what will be one of the most disruptive strategies in any industry this decade.” Last, EY confirmed it planned to split its consulting practice from its audit business to escape conflict of interest rules that...

  12. Accountants urge home buyers to weigh cost of dodging stamp duty

    made online comparing it to the cost of stamp duty. He said those eligible who had purchased their first home late last year could also swap over and receive a refund on their stamp duty. “The new choice is empowering first home buyers to get a foot on...

  13. Business owners put cyber security novices in front line

    few years, emerging from COVID, navigating global supply chain issues and for some the impacts of natural disasters, the last thing they need is a cyber attack or scam to contend with.”

  14. Businesses must account for family and domestic violence leave

    it becomes available from 1 February. The additional leave, which was announced by Employment Minister Tony Burke in October last year, entitles full-time, part-time and casual employees 10 days of paid leave each 12 months. The family and domestic...

  15. William Buck attracts former Deloitte director

    Jeffrey Luckins was appointed as the Victorian State Council Chair of the Governance Institute of Australia in December last year. The firm has been providing accounting and advisory services for over 125 years and now has over 110 directors and 950...

  16. ATO talks over agent linking regime end without agreement

    “Previously, the tax agent handled all of this for them. Small businesses don't want to be taking on this extra work. “The last thing small businesses need right now is to be wrangling with new ATO systems and processes simply to get help with their tax...

  17. Workers baulk at CBDs ‘but happy with an office close to home’ 

    email and phone and utilise large meeting rooms on site for whole of team or organisation get-togethers when needed.” Last year an RMIT study found that on average those with jobs based in the CBD spent just over three days — less than 17 hours a week —...

  18. Grant Thornton polices Women’s World Car of the Year vote

    cars in contention this year are the Alfa Romeo Tonale, Mercedes-Benz EQE and several Chinese models including the MG RX8. Last year’s supreme winner was the Peugeot 308, available in Australia from $43,990. Previous winners include the Land Rover...

  19. Tax Institute appoints Marg Marshall 2023 president

    Tax Institute has appointed experienced tax adviser Marg Marshall as president in 2023 following a term as vice-president last year. It said Ms Marshall, a partner at WLF Accounting & Advisory in Hobart, was a key figure in the profession with over 25...

  20. Beware promoters of early super access schemes, ATO warns

    you retire unless you meet one of the conditions that makes it legal to access your super and receive relevant approval.” Last year, ATO assistant commissioner SMSF risk and strategy Justin Micale said an increasing number of trustees were taking...

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