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  1. Big 4 firm warns accountants amid worrying fraud findings

    and has called on accountants to exercise scepticism around their own firms as well as their clients' businesses. Last week EY released its Asia-Pacific (APAC) Fraud Survey 2017, revealing that despite wanting to work for ethical organisations, 17 per...

  2. Big 4 firm ups use of 'robots' in audit division

    auditors are increasingly trying to get access to more data direct from the source to speed up the audit process. “In the last 12 months we've made significant headway in terms of getting access to data that we can use to potentially verify accounting...

  3. Big 4 firm responds to national growth figures

    be forgotten. Yesterday, the government revealed the Australian National Accountants experienced 1.1 per cent growth for the last quarter of 2016, resulting in 2.4 per cent annual growth for the 2016 calendar year. KPMG chief economist Brendan Rynne...

  4. Big 4 firm finds upskilling 'the new normal'

    New research from a big four firm has revealed that workers no longer expect their qualifications to last a lifetime and are prepared to continuously upskill themselves to remain employable. PwC’s latest global report, Workforce of the future: the...

  5. Big 4 firm finds human rights gap in Aussie firms

    up to speed with this fast evolving and relatively new framework. “Many of the 30 June 2017 annual reports released in the last few weeks are already demonstrating this.”

  6. Big 4 firm denies alleged incorrect tax advice

    2011, saying that their initial advice was incorrect. In Deloitte’s defence, which was filed with the NSW Supreme Court last month, the firm denied Mr McEvoy’s claims, saying that at no time did Mr McEvoy and Deloitte enter into any agreement under...

  7. Big 4 firm bullish after new platform launch

    its new blockchain platform, one big four firm is confident its moves will benefit both the firm and its mobility clients. Last week EY announced the launch of Tesseract, an integrated mobility platform underpinned by blockchain technology. “Tesseract...

  8. Big 4 firm appointed liquidator for troubled WA developer

    the companies or their directors/officers. The Macro Group companies have already been subject to action from ASIC. In May last year, the Federal Court of Australia permanently restrained the marketing and promotion of a proposed Pilbara property...

  9. Big 4 firm adds new Melbourne partner for HNWs

    said the appointment is a result of strong growth within the division, which has seen significant revenue growth over the last three years. Since 2016, KPMG Enterprise has established a high growth ventures arm working with start-ups and entrepreneurs;...

  10. Beyond Blue CEO talks mental health in the workplace: Tips to help you cope

    all are. That’s absolutely normal in circumstances we find ourselves in,” Beyond Blue chief executive Georgie Harman said. Last month, Accountants Daily sister brand MyBusiness hosted a special, three-day, virtual event to help small-business owners...

  11. Beware, the ATO is on the hunt for lifestyle assets

    art, marine vessels, aircrafts, enthusiast motor vehicles and thoroughbred horses. The ATO will review these assets for the last two financial years based on the following nominated asset threshold: • Marine vessels – over $100,000 • Aircraft – over...

  12. Beware the early lodgment tax trap, CPA Australia warns

    and missing information. Data from the Tax Office showed that almost 3 million individual tax returns were lodged by 23 July last year, which climbed to 5.8 million by 20 August. Jenny Wong, tax lead at CPA Australia, said she urged taxpayers to take...

  13. Beware promoters of early super access schemes, ATO warns

    you retire unless you meet one of the conditions that makes it legal to access your super and receive relevant approval.” Last year, ATO assistant commissioner SMSF risk and strategy Justin Micale said an increasing number of trustees were taking...

  14. Beware of ‘quirks’ in draft GST ruling, cautions tax expert

    claiming input tax credits following the recent release of MT 2024/D1, Accurium has said in a recent educational webinar. Last month, the ATO released the draft taxation ruling, MT 2024/D1 which outlines the time limits for claiming an input tax or fuel...

  15. Bentleys opens new office

    that the Auckland office will look to capitalise on the changes the New Zealand accounting industry has experienced over the last few years. “The accounting industry is facing significant changes, both in New Zealand and in Australia. Nick and I saw an...

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

  16. Bentleys launches mobile tax guide

    mindset is imperative to a business' success. Bentleys believe that clients' expectations will change to reflect their last digital experience. A client that experiences automation will expect automation from other service providers. “The minimum...

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

  17. Bendel: the blueprint for a ‘devastating attack’

    this battle in the High Court, one tax lawyer has warned. A tax lawyer has called celebrations following the Bendel win last week “dangerously premature”, saying that the ATO lost its appeal in Commissioner of Taxation v Bendel only because it “ran the...

  18. Bendel decision could spur ‘legislative tinkering’ from government

    could intervene on taxation issues relating to unpaid present entitlements and corporate beneficiaries. In September last year, the Administrative Appeals Tribunal in Bendel v FCT [2023] AATA 3074 determined that an unpaid present entitlement (UPE)...

  19. Bendel appeal could affect Section 100A approach, says ATO

    year, the ATO will continue to apply the rules of the law based on the ATO’s view established in TD 2022/11. In September last year, the Administrative Appeals Tribunal (AAT) in Bendel v FCT [2023] AATA 3074 determined that an unpaid present entitlement...

  20. Beauty business denied cash-flow boost

    fee of $25,000 to Ms Knight, including a net payment of $13,602 and $11,398 in PAYG withholding. The entry was raised in the last week of March 2020, after the cash-flow boost measure was enacted by the federal government on 24 March. The ATO contended...

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