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  1. Federal Court case gives insight into sole purpose test

    “timely reminder” for trustees to ensure their SMSF is used for the sole purpose of retirement. “Such circumstances can only lead to the regulator taking a heavy-handed approach to ensure that this message of non-compliance acts as a deterrent for what...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Business

  2. EY names new SA managing partner

    financial services, manufacturing, retail and information technology. He joined EY as a partner in 2012, most recently leading the Transaction Advisory Service for Adelaide. Mr Manifold said he is excited to lead the firm though the rapid transition...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  3. MYOB announces leadership shake-up

    MYOB has announced a number of key changes to the leadership that will oversee the launch of a new phase in the firm's cloud accounting software. Andrew Birch, currently general manager of the enterprise and connected services divisions, will become...

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

  4. Pitcher Partners announces new practice

    advisory services. The firm has formed a new human resources practice, and is recruiting HR specialist Adam Kreuzer to lead the new division. Mr Kreuzer previously ran his own consultancy, World HR, providing outsourced HR services to e-commerce,...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  5. Deloitte names new leader

    has today announced a new chief executive to replace outgoing CEO Giam Swiegers. Cindy Hook, Deloitte's current audit leader, has been elected to the position by the firm’s partnership and will take up the role on 1 February 2015. Ms Hook is the first...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  6. 2014 Judges

    a buyer’s agent. He also holds a diploma of finance and an associate diploma of business. Mr Kingsley is one of Australia’s leading experts in residential property investing and a regular media commentator and keynote speaker. He speaks around the...

  7. RSM Bird Cameron says insolvencies to rise

    continues to struggle to implement its budget repair measures and the mining boom coming to an end. “This could undoubtedly lead to an uplift in business distress in 2015 and beyond,” Mr Beck said. “With interest rates remaining low, and no sign of this...

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

  8. Low rates creating class of 'zombie' companies

    actual debts, smart financiers and investors will become more hesitant to continue funding the business. This may in turn lead to additional debt from alternate sources (e.g. creditors including the ATO) which may go largely unpaid if the company is...

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

  9. Property, construction and IT projects driving demand for accountants

    and compliance experience. Competition with the commercial sector, as well as higher salaries in commerce, continue to lead to a shortfall of candidates for professional practice. Candidates need strong communication and client liaison skills and...

  10. Union flags government dispute with ATO

    Nadine Flood described the agreement as the “latest pack of nasties” from Minister Abetz “who appears determined to lead the federal government into a dispute with their 165,000 employees”. “Under this proposal, workers will see an increase in their...

  11. APESB appoints former ICAA president to board

    merger with the New Zealand Institute of Chartered Accountants and served as the executive chair of the merger project that lead to the creation of CAANZ. Mr Farrow also has a number of non-executive directorships in both ASX-listed and unlisted...

  12. EY tips increase in divestment

    cent) of companies expect the number of unsolicited approaches to increase in the next year. EY Oceania transaction services leader Stephen Lomas said the survey results, combined with the fact that a lower Australian dollar is expected to increase...

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

  13. MYOB announces senior appointment

    Ms Keogh’s extensive human resources experience across a number of industries and sectors made her the perfect candidate to lead the people and performance team. “I am thrilled to welcome Alla to MYOB," Mr Reed said. "Alla has an outstanding reputation...

  14. Grant Thornton appoints new CEO

    current CEO Robert Quant from 1 July 2015. Greg Keith, currently GT’s Sydney office managing partner, has been promoted to lead the firm nationally once Mr Quant's eight year term as CEO comes to an end. Speaking to AccountantsDaily, Mr Quant described...

  15. Auditflow partners with GAAP

    to create and tailor audit files by intelligently building and customising the audit file, audit plan, workpaper index, lead sheets and workpapers. Auditflow chief executive Rich Neal said “we are providing accounting firms with content, methodology,...

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

  16. Leadership shake-up continues at Deloitte

    Deloitte has announced further changes to its leadership team, with the top four firm appointing a new managing partner of its Victorian practice. Tom Imbesi has this month taken charge of the firm's Victorian operations. As managing partner, Mr Imbesi...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  17. Compliance costs on tax reform agenda

    to tax compliance and tax management activities. The discussion paper is intended to begin a dialogue on tax reform and will lead to a white paper that will outline the tax policy the government will take to the next election. Among a raft of...

    • Type: Article
    • Author: Michael Masterman
    • Category: Tax

  18. MYOB reveals price range, dates for IPO

    of private ownership represents a great opportunity for both shareholders and our clients,” Mr Milne said. “MYOB is a market leader within each segment it operates, and the company continues to innovate in its key markets of Australia and New Zealand.”...

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

  19. EY's new Qld leader flags future acquisitions

    EY’s new Queensland leader, who will take charge following current managing partner Rick Dennis’ departure in July, has said the firm will look to grow through the acquisition of boutique firms. EY announced the appointment of Paul Laxon, current tax...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  20. Former ATO director joins H&R Block

    developments occurring in the tax sector, spurred on by the recent release of the Treasury white paper, and as the market leader in the preparation of tax returns, H&R wants to lead the debate about the future of Australia’s tax system”, he added. Mr...

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