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  1. SMSF advisers cautioned on advice fees

    perspective, however, there shouldn’t be a big problem paying for broader advice through super, especially since it should lead to an increase in overall wealth.” [email protected]

  2. New TPB chair unveiled

    said Mr Klug. “I welcome the challenges of the role and will continue our work to protect consumers of tax services, and lead the TPB as an efficient and effective regulator of tax agents, BAS agents and tax (financial) advisers.” Mr Frydenberg also...

  3. Spike in fees for liquidators, auditors slammed

    fit for purpose, and was forcing professionals out of the market, particularly smaller players. He said the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector. “Who should pay...

  4. Auditor rego, AFS licences drop as industry grapples with high costs

    had earlier called for the government to reconsider ASIC’s industry funding model, saying that the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector. “The fees may motivate...

  5. PwC commits to reconciliation action plan

    spend with Aboriginal and Torres Strait Islander suppliers, a commitment to run a pilot program with clients and industry leaders to support the fast-tracked growth of Aboriginal and Torres Strait Islander businesses, with plans to scale at least 50...

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

  6. Accounting Business Expo: How to Pick The Best Apps To Drive Your Business Advisory Service

    that accountants offer strategic advice as well as accounting. In this panel session, hosted by GoCardless’ Country Lead, Joe Robins, hear how best-in-class apps and experts provide an end-to-end solution for accountants, solving fundamental problems...

    • Type: Article
    • Author: GoCardless
    • Category: Business

  7. CPA seeks FASEA accreditation for prior learning

    FASEA to recognise the long hours of rigorous study that is required to gain and maintain CA membership,” financial planning lead at CA ANZ Bronny Speed previously told Accountants Daily. “Our CA program is highly aligned with FASEA’s integrated model...

  8. Loan restrictions, housing downturn pushing business confidence down

    also found that 46 per cent of respondents indicated that they have been affected by the downturn in the housing market, leading to a pessimistic business outlook. Respondents were especially concerned about their personal finances, with 63 per cent...

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

  9. My surprising career in accounting started with $25k

    was $25,000 p.a., the going rate for graduate accountants at the time. I knew that hard work and experience would eventually lead to greater work opportunities, promotions and salary increases, so I’d have to say yes. When I graduated in the...

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

  10. From the Hungry Cowboy to Deloitte: How this accountant dealt with career curveballs

    on George Street, Sydney called “The Hungry Cowboy” (yes, we had to wear cowboy hats). I am now a partner and national SMSF leader at Deloitte Australia based in Melbourne. What personal wins and struggles have impacted your career? I was a mature age...

  11. Ten key features of an accounting firms website

    be a cross section of case studies from small businesses to large enterprises. Mention the strategies you implemented that lead to for example, tax minimisation, increased profitability, or improved cash flow. Also for privacy reasons, you should use...

    • Type: Article
    • Author: Joe Kaleb, Australianbiz
    • Category: Business

  12. Labor start date draws industry flak

    he said. “The mismatch will cause complications and compliance difficulties,” he continued. “The reasoning behind the lead time to the commencement date is unclear, and may result in artificially high sales activity in the lead-up.” The Tax Institute...

  13. What will your practice look like in a paperless environment?

    processed manually by hand. It looks like freedom – and it’s not in the future, it’s now! Joseph Robins, Australia country lead, GoCardless

  14. Tax practitioners face new TPB 72-hour client complaint deadline

    the complaint within three business days. Failure to attempt to resolve the complaint within the stipulated time frame could lead to further investigation by the TPB. Practitioners will have to notify the regulator on the outcome of the discussion with...

  15. Auditors set for name and shame for poor audit quality

    RCAs where it appears there may be a breach of the law; accurately record all disciplinary processes, including those that lead to no substantive action; and formalise processes for advising each other and the FRC of their disciplinary proceedings,...

  16. Election called: The big-ticket items for tax, accountants

    in, not just for the next three years but for the next decade,” Mr Morrison said. “It’s a choice between a government that I lead and the alternative of a Labor government led by Bill Shorten. “You will have a choice between a government that is...

  17. ‘Bottom of political barrel’: Profession slams Labor’s attack on accountants ‘rort’

    Opposition leader Bill Shorten has labelled the deductibility of the cost of managing tax affairs as a “rort”, hammering home his plans to limit deductions to $3,000, as the industry hits back. Reinforcing his plans to limit the deductions for the cost...

  18. Delivering a quarterly reporting and meeting service

    just because you can. Give me the two that really matter. And please, don’t go straight to expenses in your commentary. Lead me through my revenue and gross margins. Help me uncover the underlying issues that will determine my future. Prompt my interest...

    • Type: Article
    • Author: Scott Charlton, Slipstream Coaching
    • Category: Business

  19. ATO tax governance scrutiny driving corporate transformation

    says Thomson Reuters. With the Tax Office changing its approach to engaging with businesses, Thomson Reuters regional lead for strategic alliances and global firms, Hydar Al Ammar, said that he has seen businesses begin to reach out to better understand...

  20. AAT affirms TPB’s termination of tax agent registration

    of the TPB’s findings were that by failing to disclose various overdue tax obligations, Mr Hill had made false and misleading statements to the TPB relating to his personal taxation affairs in his 31 March 2016 registration renewal application, his 11...

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