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  1. How to move your business to the cloud

    and will champion the changeover. You may encounter resistance – some people don’t like change – and this resistance will lead to failure. How you manage the change will depend on you and the culture of your business, but one thing is certain: you can...

  2. Knowledge gap surfaces as compliance work dwindles

    that the plethora of new requirements on tax and accounting professionals, combined with rising client expectations, could lead to a spike in complaints and client dissatisfaction. “General practitioner-type accountants need to be across all the state...

  3. Accounting firms over-indulge in ‘navel-gazing’ says mid-tier

    care of those other things and we need to be efficient in dealing with those things but it's not the thing that we would lead with.”

  4. Software provider makes two leadership appointments

    Accounting software provider Sage has made two new appointments to its leadership team and relocated its Australian head office. Sage has welcomed Natalie Chrara as vice president, ANZ sales, following a career in sales management with Ingram Micro,...

  5. Multi-service tax, accounting firm to list on ASX

    a reflection of Asian expansion into Australia. “We see the listing of TST Partners as an opportunity to take a significant lead in providing the ever-growing need for financial and legal services by Asian investors and corporations looking to invest in...

  6. 7 steps for launching a new advisory service

    capacity and time constraints. 7. Accountant advocacy This can be a key deal-breaker or -maker for the new service. As leaders of the business, and as the trusted partners of their accounting clients, senior accountants need to take charge and lead from...

  7. 4 areas of focus in 2017

    dedicated roles similar to that of a technology service-based organisation. This can allow for diversified skill sets, focus lead departments and will truly complement, cloud-heavy accounting firms. Expect to see more firms investigating some of these...

  8. Mid-tier floats shake up of super payments

    and the ATO. An individual could nominate or change their choice of superannuation fund through the ATO online. This should lead to a reduction in the number of superannuation accounts held by individuals.” Mr Molesworth said that this measure would...

  9. Limited AFS License application catch 22

    breaches relating to AFSL holders acting outside the scope of their authorisations. Breaches of this nature will generally lead to the suspension or cancellation of the AFSL. Limited AFSL holders should conduct comprehensive training for employees to...

  10. Accountants told to up their game on cyber security

    a security product doesn’t make a business safe. The underlying business environment needs to be secure. Poor foundations lead to poor security,” Mr Shatter said. He noted three key things businesses, including accounting firms, must do to protect...

  11. Grant Thornton launches new division, eyes mid-size business market

    said. Chief executive of Grant Thornton, Greg Keith, is buoyed by the latest move. “We’re delighted to welcome Daniel to lead our Debt Advisory service, ensuring mid-size businesses have access to independent advice in obtaining the best debt funding...

  12. Accounting tops Aussie list for salary bias

    and insurance services sector, including accounting, has the highest gender pay gap, as well as low numbers of women in leadership roles. Yesterday Bankwest Curtin Economics Centre (BCEC), in collaboration with the Workplace Gender Equality Agency...

  13. Mid-tier issues reminder on contentious CGT relief

    BDO has warned that the moving of assets above $1.6 million from pension phase to accumulation phase after 30 June 2017 will lead to earnings, including capital gains, on those assets in accumulation phase attracting tax at 15 per cent and generally 10...

  14. Small business ombudsman to undergo review

    creation, this process will help ensure that support is targeted in the right places.” The review team will be chaired by a lead reviewer, Su McCluskey, assisted by a secretariat, and is required to be completed by no later than 30 June 2017. A...

  15. 3 tips to manage your credit score

    high interest options you will maximise the chances of maintaining a good credit score. Too many business loan declines may lead to inability to access financing The more credit applications you get refused for and the more credit applications you...

    • Type: Article
    • Author: Tino Ho from Bigstone
    • Category: Regulation

  16. ATO set for increased audits, debt crackdown

    take on the increased number of audits for inbound funding arrangements in the very near future,” said Zara Ritchie, global lead, transfer pricing, BDO. “The loss of the appeal and the case as a whole highlight the Australian courts’ view that the arm’s...

  17. ASX-listed firm names CA, CPA in exec ranks

    founded by Bryam Johnston and Martin Smith in 2006. The firm’s board yesterday announced two significant changes to its leadership. Mr Johnston, who is a fellow of the Institute of Chartered Accountants, has stepped down from the role of CEO to solely...

  18. Budget set to dodge growing tax issue

    favourably taxed passive income can reduce the Australian tax paid by investors and may distort investment decisions and lead to reduced economic efficiency. Mr Morrison said the government is “taking steps to eliminate this practice”, with Treasury...

  19. IPA 'disappointed' with govt's missed tax opportunity

    the government have support for. The first was recommendation 3.2 that governments should fully and promptly implement the leading practices and recommendations from the commission’s previous reports on business regulation. “It’s great the government...

  20. Budget misses compromise payments, tax efficiency

    the brakes on creating an efficient and productive tax system, and leave a crucial small business issue outstanding. In the lead up to this year’s federal budget, representative bodies and the business community alike again called on the government to...

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