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  1. Accountants Daily Strategy Week Day 2 wrap-up: Prioritising mental health and self-care

    a post-pandemic landscape. Day 2 of the Accountants Daily Strategy Week saw Tax Institute senior advocate Robyn Jacobson lead a roundup of timely tax issues, including the finer points of the JobKeeper extension, the end of the superannuation guarantee...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business

  2. Former big four partner warns of incoming COVID-19 tax disputes

    partner Howard Rapke said Ms Williamson’s appointment would bolster the firm’s initiatives in deploying specialist teams to lead the response to regulators. “Sue is renowned for her ability to translate complex issues and apply technical and strategic...

  3. 6 Practical Steps to Writing Realistic Position Descriptions for Accountants

    the previous employee Tasks to be removed or added if any of the work will be transferred within the business Supervisory or lead responsibility Budget responsibility (if any) Work hours Is there still a requirement for this role at all? Get the full...

  4. BDO appoints new cyber security partner

    at Queensland Health for the past two years. According to the firm, during his 26-year career, Mr Borchi has held key leadership roles at a range of federal government departments and in recent years acted as the cyber consulting lead at some of...

  5. How to exit a business

    options available to them. Not knowing there is a problem, or not acting when they discover a serious financial problem, can lead to liquidation being the only exit option available. In some cases, the decision to liquidate will be made for the owner....

    • Type: Article
    • Author: CPA Australia
    • Category: Business

  6. Accountants at risk under responsible lending reforms

    and inject credit into the economy. Keddie Waller, head of public practice at CPA Australia, believes such reforms could lead to a return of a practice where banks request accountants to sign off on a client’s ability to repay a loan as part of the...

  7. Flexible hours viewed as ‘career suicide’ for women in accounting, says university research

    Inflexible workplace arrangements and a lack of leadership positions in accounting firms are driving women out of the profession, says a new university study. Surveying over 200 female professions in the industry, Monash Business School researchers,...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Business

  8. Greenwoods appoints new infrastructure partner

    has announced the appointment of a new partner in its Sydney office. Greenwoods has appointed Jillian Gardner as the new leader of its national projects and infrastructure group. Ms Gardner will join the firm in March 2021 from Macquarie Group, where is...

  9. Proposed SMSF reporting measures slammed as ‘unreasonable’

    for tax statements or details of distributions from other trusts. “Such a decision to impose this measure could arguably lead to trustees ‘backdating’ the signing of financials to ensure compliance, something that doesn’t serve the trustee or regulator...

  10. Details of responsible lending reforms emerge

    picking up the slack from lenders who transfer due diligence onto borrowers. CPA Australia believes such reforms could lead to a return of a practice where banks request accountants to sign off on a client’s ability to repay a loan as part of the...

  11. NSW lifts payroll tax threshold

    strong budget position has allowed us to weather the most severe economic storm in a generation, and we will continue to lead the way in job creation and supporting business through the 2020–21 budget,” Mr Perrottet said. Minister for Finance and Small...

  12. ‘Enforcement and definition’ issues with prescribed timeline for financials

    that time, result in the trustees breaching the 45-day deadline?” it said. The proposed requirement, it stated, may also lead to a reduction in the quality of financial statements. “This is because some accountants and administrators may be inclined to...

  13. Macro-economic modelling reveals true value of advice

    as a result of non-compliance. Individual registration of advisers: Individual registration of professional advisers would lead to greater responsibility and accountability, requiring a personal commitment to integrity, competence and ethics. This would...

    • Type: Article
    • Author: CPA Australia
    • Category: Business

  14. TPB highlights risky agent behaviour ahead of crackdown

    board member Peter de Cure said the regulator’s use of data and analytics would also help it pinpoint indicators that could lead to reckless behaviour down the track. “For example, a tax practitioner known to previously being involved in problem...

  15. Death benefit rules ‘due for an overhaul’

    With the existing legislation around the payment of lump-sum death benefits leading to inadvertent breaches by SMSFs, a technical expert says a more practical approach is needed in this area. In an online article, SuperConcepts executive manager, SMSF...

  16. Big 4 crowned top workplace for dads

    had to be made available for a minimum of 12 months after the birth. Deloitte’s inclusion, diversity and wellbeing national lead partner, Margaret Dreyer, said the achievement was an endorsement of the firm’s new parental leave policy introduced in...

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

  17. ASIC sounds warning around high-yield bond scams

    can verify who is using the information and how it will be used. We are seeing a rise in suspicious websites that are simply lead generators for scammers. “Ensuring investment products are true-to-label is front and centre for ASIC. While true-to-label...

  18. Mandate e-invoicing, says MYOB

    Mr Ellis said. “E-invoicing is the best enabler we have for the digital economy. Let’s get this done and help our SMEs lead Australia’s recovery and growth.”

  19. Nick Scali repays $3.6m in JobKeeper subsidies

    to refund this amount to the federal government.” The voluntary repayment of JobKeeper payments comes as Labor continues to lead calls for large corporates to return the wage subsidies before paying executive bonuses or dividends. Shadow assistant...

  20. How You Say Good-bye Matters: Tips for Effective Offboarding of Remote Employees

    it is often not possible to have a traditional send-off that would provide an opportunity for closure. This may lead to negative feelings as they are suddenly separated from their work group. If an organisation and employee are no longer a good fit, for...

    • Type: Article
    • Author: The ADP Team
    • Category: Business
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