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  1. Halifax auditors fined $50k over audit failures

    A Sydney auditor and an audit firm have now been fined a combined $50,000 after pleading guilty to breaching auditing standards while working on collapsed financial services company Halifax Investment Services. The conviction of Robert James Evett and...

  2. Lockdowns demand more from staff engagement programs

    calls, as well as weekly (or sometimes daily) intranet and email updates from a managing partner or divisional lead. The benefit of these initiatives is it allows for a greater proportion of staff to be involved, with some dialling in from their car or...

    • Type: Article
    • Author: Tony Fittler, HLB Mann Judd Australasian Association
    • Category: Business

  3. KPMG moves to acquire technology consulting firm

    technology enablement services, after it appointed Alex Moreno — who joined from Accenture — its first national Salesforce lead. Mr Moreno’s appointment followed the acquisitions of Microsoft partner Hands-On Systems in 2015 and Murex software...

  4. The Access Group acquires cloud payroll and HR platform

    the acquisition, which is the group’s fourth in two years, signals his team’s appetite for being recognised as the region’s leading business software provider. “We are excited to be welcoming Definitiv’s employees, customers and partners to The Access...

  5. Expert guide to effective change management in accounting firms

    is the communications and messaging around the change that is being sought.” ADKAR and change communications ADKAR is a leading change-management model developed by consulting firm Prosci several decades ago. It’s an acronym for the five essential...

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

  6. Pandemic dampens career opportunities for women, exacerbates pay inequity

    of time pressures and the physical and psychological strains of increased household and parental workloads. The study’s lead author, Dr Fiona Macdonald, said the disruption caused by the pandemic is likely to have critical impacts on the careers of...

  7. Treasury undertakes review of insolvent trading safe harbour legislation

    identify a slew of factors that could be considered to identify whether the director was trading while insolvent in a bid to lead the business out of distress and avoid administration or liquidation. Among them are whether the director remained informed...

  8. M&A deals flourish as COVID-19 loses shock factor

    James said although states like NSW continue to face lockdowns – and lockdowns continue to impact businesses – business leaders aren’t as shocked as they once might have been. “As a result, we’re seeing an increase in deal appetite in the Australian...

  9. William Buck cements 6th merger since 2019

    Buck is a natural step in meeting the evolving needs of clients, both now and in the future. “Our vision has always been to lead the way and create opportunities,” he said. “We feel this merger pays respect to our vision by providing us the platform to...

  10. SMSFs spared from Retirement Income Covenant

    this led to fears that the Retirement Income Covenant may not be a good fit in the fund structure of SMSFs and may instead lead to increased costs and red tape for trustees. For registered superannuation entities, schedule 1 to the exposure draft bill...

  11. Dominic Perrottet becomes new NSW Premier

    while Matt Kean succeeded him as Treasurer. “It’s an honour and absolute privilege to be elected as the parliamentary leader of the Liberal party, the premier of NSW, alongside my deputy leader, Stuart Ayres,” Mr Perrottet said. Mr Perrottet won the...

  12. Moore Australia acquires WA advisory firm

    Australia is the latest in a series of changes across the network this year, after it appointed Mr Tomasi as its new global leader in May, and announced a string of partner appointments in July. July’s partnership appointments coincided with the...

  13. Big 4 launch ‘vax returns’ campaign

    as soon as possible, and allow our economies to re-open.” PwC CEO, Tom Seymour, urged residents of all states to follow the lead of each of the firms, which is vaccinated and eager to return to “normality”. “We've come together to back the national...

  14. Accountants cautious over office return as states reopen

    people returning will be low initially and will grow as confidence builds,” Mr Nickless said. Accenture geographic services lead Australia & New Zealand, Lisa Crennan, said that there was no expectation that their staff would return to offices by a...

  15. Tax watchdog finds ATO staff ill-equipped to handle taxpayer disputes

    found that in order for the objective to work in practice, taxpayers would first need to be aware of the rights that lead to such options, and how they can exercise those rights to challenge decisions. “An express obligation within the Taxpayers Charter...

  16. The high-tech, low-touch path to improving customer value

    can be used as a time-effective means of promoting your firm to both ‘bread and butter’ clients and high-value ones, through lead generation and long-term brand awareness campaigns. Such campaigns can be published on social media channels at scheduled...

  17. ‘The ATO is here for you’: Commissioner Chris Jordan reiterates support for tax profession

    cheaper, and safer for the tax profession, businesses and individuals to interact with government. The ATO is taking a lead role in delivering better whole-of-government services for the Australian community.” Central to this, Mr Jordan said, is the...

  18. Board of Taxation sees 2 new members

    particularly indirect and employment taxes. Prior to this she was the global project manager of Shell and the country tax lead of Shell before that. Meanwhile, Mr Klein holds more than two decades of experience working in the tax advisory space....

  19. ‘Holistic’ approach needed to narrow audit expectation gap

    “Participants noted that mandating the involvement of forensic specialists may widen the expectation gap, as this could lead to a ‘box-ticking’ approach. “The report concludes that it is not necessary to have a ‘suspicious mindset’ for enhanced fraud...

  20. British national wins ATO High Court case over ‘burdensome’ backpacker tax

    “burdensome” and discriminatory to her nationality. In a decision that could impact future working holiday-makers and may lead to large refunds from the “backpacker tax”, the High Court of Australia has awarded British national Catherine Addy an appeal...

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