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  1. CPA launches review into rising regulatory burden

    Industry has shone a bright light on financial advice and consumers. It is expected that the report recommendations will lead to further regulation and compliance obligations on sectors that are already subject to significant compliance costs and...

  2. From builder’s labourer to CA’s star performer

    what we achieved, the mental discipline and the intellectual challenge. As my role has changed in Sequel CFO, I now need to lead my franchisees to be their own business owners. Our franchisees get that accounting is about helping business owners make...

  3. Should I employ tech-savvy people or invest in training my staff?

    use – Ensure you tie the training with their current job requirements. Remind staff that additional knowledge could lead to a future promotion or pay increase. Break it up into small steps – Be patient. Some employees may pick it up quickly, but others...

  4. BAS streamlining in the works as STP hits new milestone

    statements, including through more pre-filling, as its STP rollout hits a new milestone with small business. The ATO’s STP lead, John Shepherd, addressed small businesses in a webcast with sister title My Business, which you can access for free here. Mr...

  5. ATO clears up FAQs about Single Touch Payroll

    alike have cleared up some common points of confusion about associated AUSkey and myGov requirements. The ATO’s project lead for STP, John Shepherd, joined a panel of professionals to discuss the practical implications of STP earlier this week. You can...

  6. Chris Bowen announces leadership bid, promises policy ‘blank canvas’

    Shadow treasurer Chris Bowen will contest for the Labor leadership against frontbencher Anthony Albanese, promising a fresh look at its policies. Mr Bowen has this morning announced his plans to assume leadership from the departing Bill Shorten. “I...

  7. Thank you for registering the ATO, tax changes and you. Everything you need to know this EOFY

  8. Why were the ‘quiet Australians’ missed in the election pre-polls?

    vast majority of polls predicted that Hillary Clinton would beat Donald Trump. One poll that did correctly pick Trump in the lead was the USC/Los Angeles Times Daybreak tracking poll. It allowed people to assign themselves a probability of voting for...

    • Type: Article
    • Author: Amanda Hicks, KPMG
    • Category: Business

  9. PwC, KPMG, EY, BDO reveal ASIC’s audit findings

    that we have obtained reasonable assurance in all audit areas. We believe greater transparency will drive accountability, lead to better conversations across the market about audit quality and, ultimately, build trust.” However, Mr Graham believes...

  10. What working life looks like for young mums and dads

    She said companies need to develop an organisational culture that encourages men to take leave, and importantly, fathers in leadership positions should themselves take leave to lead by example and remove workplace bias. “Fathers would then have a better...

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

  11. ‘Experts in technology’: Bookkeepers urged to adapt

    said Ms Hoosen, managing director at Bookwiz Bookkeeping. “With the automation around transactional processing, it can lead to a reduction in revenue for some firms if they are not getting on board with it. “We’ve moved to fixed fee pricing models and...

  12. IPA signs deal with Sri Lankan member body

    capacity and professional development,” said IPA Group chief executive officer, Andrew Conway. “This agreement will also lead to the transfer of knowledge and sharing of experiences between both Institutes,” said Mr Conway. For the IPA, this follows its...

  13. 10% first STP submission fail rate: Employers urged to get in early

    clients onto Single Touch Payroll earlier rather than later to avoid the rush of tax time 2019. According to ATO STP lead assistant commissioner John Shepherd, there are around 118,000 employers now reporting through STP, with the number of small...

  14. ‘No silver bullet’ in accounting ecosystem

    solution and take a leap forward to reap the benefits of quality data, say industry experts. PwC digital innovation global lead Scott McLiver believes access to better data can provide accountants with key insights into a client’s business, including...

  15. Finance teams seriously unprepared for cyber attacks

    need to recognise that cyber risk is one that is very relevant to them,” said Geraldine Magarey, CA ANZ thought leadership and research leader. “Assessing cyber risk requires financial awareness to gauge the potential consequences of a breach, which can...

  16. Instant asset write-off fails to attract small business

    that exist around the instant asset write-off before we get to EOFY.” The survey also found that computers continue to lead the highest amount of claims at 56 per cent, followed by vehicles at 33 per cent, tools at 23 per cent and office furniture at 21...

  17. BDO merges east coast offices

    see a combined revenue of $212 million and 126 partners across the east coast. BDO office managing partner in Brisbane and lead for BDO integration Tony Schiffmann said the vote moves the firm’s focus to bringing the other BDO offices onto the path for...

  18. EY snares Pyne for consultation gig

    to build Australian science, technology, engineering, innovation and industrial capability,” said EY defence industry leader Mark Stewart. “We’ve already seen an influx of inbound investment by multinational equipment manufacturers. Primes need to...

  19. BDO pushes towards 200 partners with latest appointments

    tax, audit and corporate finance,” Ms Argiris said. “People are choosing to join and to stay at BDO because we hold a market-leading position, underpinned by an entrepreneurial spirit that empowers our leaders and drives our tailored advice. “We’ve...

  20. ASIC dismisses calls for licensed accountants to be excluded from levy

    accessible for all Australians.” CPA Australia have also lobbied hard against the IFM, arguing that the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector....

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