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  1. KPMG Australia moves into new advisory space

    arm. Declining public trust in corporations has informed the move, which KPMG’s chairman Alison Kitchen flagged late last year as a headline issue the firm is tackling with its big business clients in 2018. “Public trust is a top priority for Australian...

  2. KPMG argues against 'significant' cost increases in super insurance

    finding that tax on insurance payments outweigh the costs of tax concessions provided to group insurance in superannuation. Last week KPMG released its report into the costs and benefits of default group insurance in superannuation, which was prepared...

  3. KPMG appoints new head of tax

    “She has been passionate and prominent in advocating for reform of Australia’s tax laws, including representing the firm last month at the Senate inquiry into tax avoidance and minimisation,” Mr Wingrove said.

  4. KPMG appoints new chief executive

    empowering the business to make “thank-you payments” to staff who had suffered COVID-induced salary cuts in May and June last year. The firm also made 200 roles redundant one year ago as it grappled with the impact of the pandemic. KPMG last year...

  5. KPMG appoints experienced South Pacific and PNG leaders

    the Solomon Islands, Samoa, Tonga and Nauru where the firm has delivered services. Having joined KPMG PNG only in September last year from the New Guinea Gold Corporation the firm said Mr Iewago had brought a strong commitment to clients and a passion...

  6. KPMG announces record number of new partners

    round of partner appointments, effective 1 July 2015, 37 per cent are for senior female executives, up from 24 per cent last year. In addition, a record 56 per cent of internal promotions to partner were female. KPMG said it has taken a proactive stance...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  7. KPMG announces new partners

    directors across all divisions of the firm. The number of partner and executive director appointments is up from 35 last year. Twenty-three new partners (60 per cent) are from the firm’s Advisory division, almost double last year’s 35 per cent. Notably,...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  8. KPMG announces 2013/2014 results

    tax partner in Singapore. Thirty-eight new partners and executive directors were appointed during the year, up from 35 last year, reflecting investment across all divisions. Twenty-four percent of new partners were women, with a healthy female...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  9. KPMG acquires consultancy in innovation push

    the acquisition of UDKU was in line with CMBA’s targeted growth. CBMA has made several high-profile appointments over the last few months, including former Publicis Communications chair and Publicis Australia chief executive Andrew Baxter, Louise...

  10. Know your client’s crypto or risk a blowout, expert warns

    Avoid finding out at the last minute that there are thousands of transactions to reconcile that haven’t been priced into the job. A crypto expert is warning accountants to ensure they know what their clients have been doing with crypto or else the...

  11. Kilimanjaro wins temporary reprieve on MYOB Exo margins

    from pursuing a reduced margin on its software until the outcome of a court case between the two. The Federal Court ruling last week restrains MYOB from acting for breach of contract or withholding software licences if Kilimanjaro pays MYOB 65 per cent...

  12. Key small business indicators slip into critical zone

    data suggests that the wage increases being paid by small businesses are not as large as they were as recently as September last year,” Ms Southall said. “While this may provide some short-term relief for small business owners who struggled with...

  13. Key dates ahead of the ATO’s annual closure

    Lodgement program deferral requests processed after 14 December may not display on a client’s record until the new year. The last tax return status email that reports the actions the ATO are taking when processing clients’ tax returns have been sent on...

  14. Key CPA exec made redundant post-review

    has removed one of its highest-paid executives, following recommendations from former auditor general Ian McPhee’s review last year. Chief operating officer Jeff Hughes departed CPA Australia in late December 2017, after being with the association since...

  15. Key budget incentives stall on starting line

    left in the dark about key budget investment incentives after they were omitted from legislation enabling other measures last week. The Skills and Training Boost and Technology Investment Boost apply to eligible expenditure incurred from budget night...

  16. Key Bill for CAANZ amalgamation passes

    The Accounting Infrastructure Reform Bill passed its third reading last week, paving the way for Chartered Accountants Australia and New Zealand to officially amalgamate. Part of the bill is an amendment to the NZICA Act 1996 which allows the two...

    • Type: Article
    • Author: Staff reporter
    • Category: Business

  17. Key audit appointments, M&A deals chalk up growth for EY

    EY’s revenue rose by almost 10 per cent over the last financial year as the big four firm secured several key audit appointments, and noted a strong demand for M&A services. The big four firm saw its revenue rise by 9.8 per cent to $1.78 billion for...

  18. Kelly and Partners opens new overseas office

    in the NSW firm’s expansion. “We are keen to continue our growth, which has averaged at a compound 42 per cent rate over the last decade, through the acquisition of firms which want to tap into our integrated operating and client management systems,” Mr...

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

  19. Keating knocks ‘freebie’ imputation credits

    “Borrowing outside of super — usually with double incomes are used in calcs despite potential future family plans (and also last year's bonus considered as ‘normal income’) — is a greater systemic risk to the economy than borrowing within SMSFs....

  20. Katarina enters a new relationship – with a new accountant

    Host Katarina Taurian is just starting out in a new relationship. Following a parting of ways with her last accountant, which she describes as “harder than her most difficult break-up”, she is now in the process of regaining that trust and relationship...

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