Assuming last is required, the following 4011 results were found.

  1. Auditor-General launches JobKeeper audit

    bonuses while receiving JobKeeper support. Shadow assistant minister for Treasury Andrew Leigh had written to Mr Hehir last December with three specific lines of inquiry that he hoped the ANAO would consider, including determining how much JobKeeper...

  2. Auditor Proud Day hits decade of international recognition

    crucial role played by the auditors with today marking the 10th year of Auditor Proud Day. Auditor Proud Day lands on the last Thursday of every September and is aimed at attracting more people to the profession and celebrating those already working...

  3. Audit proposal to see fee hike, harsher penalties

    unless we do additional testing on the prior year’s figures, basically resulting in an audit of the financials since the last audit. Unless we complete this additional work we couldn’t sign off on the audit under the Australian Accounting Standards.” Ms...

  4. Audit proposal 'misdirected', says one association

    CPA Australia has also spoken out against the proposed measure, believing that it would unfairly target SMSF auditors. Last month, Super Sphere director Belinda Aisbett announced the establishment of the SMSF Auditors Lobby Group, aimed at opposing the...

  5. Audit pools may ‘ultimately fail’, audit firms warned

    issues relating to quality, delivery and fees, warns Hayes Knight. ATO director, SMSF portfolio, Kellie Grant stated last month that while it is best for firms to avoid entering into audit pooling arrangements in response to the restructured APES 110...

  6. Audit office reaches verdict following tax revenue hole

    the ANAO’s analysis of ATO data, the proportion of settlement variance for large businesses was less than 50 per cent in the last three years, often lower than other market segments and in 2015-16 was the lowest (26 per cent) among all market segments....

  7. Audit office damns ATO safeguards in wake of $2bn GST fraud

    BAS. The ATO said its Operation Protego had pursued more than 57,000 perpetrators of GST fraud and by the end of August last year, criminal investigations resulted in more than 100 arrests and 16 convictions. However, the ANAO cited a report by the...

  8. Audit independence: ASIC’s findings a call to improve, not cause for alarm

    rigorous professional standards, and strong company reporting and governance frameworks, writes Chris Freeland AM. Last week, ASIC released a report summarising its review of auditor compliance with independence and conflict of interest obligations...

  9. ATO’s late lodgement focus set to continue this year

    scrutiny this year, with the ATO still looking to see further improvement in this area, says an SMSF auditor. In February last year, the ATO launched a new compliance campaign targeted at late lodgements in response to concerns that a lapse in lodgement...

  10. ATO’s holiday home owner tax changes spur taxpayers to be ‘wary and proactive’

    approach to rental property tax deductions, tax advisers are warning holiday home owners to be wary of the coming changes. Last Wednesday (12 November), the ATO withdrew its existing ruling on rental property deductions (IT 2167) and unveiled a new...

  11. ATO’s growing data access ‘alarming’, says TaxTank CEO

    trust. Taxpayers should know what data is collected, how it’s used and why.” The errors occurring in the ATO's systems last year which impacted 603 taxpayers highlights the dangers of unchecked data access and automation with proper safeguards,...

  12. ATO’s good-faith approach to crypto won’t last much longer

    The ATO has maintained its good-faith approach to the accounting of cryptocurrencies, though it isn’t expected to last much longer, says a national tax and accounting network. Speaking to Accountants Daily, H&R Block director of tax communications Mark...

  13. ATO’s generosity won’t last forever

    a deep dive into those figures and found that since the ATO suspended its normal collection strategy in around April last year, Australian businesses owe the ATO more than ever. Between 1 July 2020 and 31 March 2021, only six bankruptcies and three...

    • Type: Article
    • Author: Hayden Asper, Jirsch Sutherland
    • Category: Regulation
  14. ATO’s digital drive has global dimension, says Commissioner

    extra effort or intervention from them.” “The digitalisation of the economy has been accelerated through the events of these last few years, and has brought to the forefront the importance of global collaboration on digital technology and tools.” Mr...

  15. ATO’s debts on hold campaign prompts new IGTO guidance

    tell people they owe money to the government. The report has been issued off the back of community concerns that were raised last year regarding the ATO’s approach to debt collection. The ATO issued tens of thousands of letters both to tax agents and...

  16. ATO’s debt recovery campaign hits NSW hardest 

    up filings and statutory demands popping up, sometimes also accompanied by a DPN,” said Mr Archer. “While the ATO’s efforts last year brought in $6-7 billion of payments or debts under arrangement, that’s only a third of the additional pandemic debt,...

  17. ATO’s adviser strategy zeroes in on late-paying partners

    practitioner. The ATO uses risk modelling to assess compliance with the guidelines. The adviser strategy was introduced last year and applies to a range of advisers from tax and BAS agents, to legal and insolvency practitioners, financial advisers, and...

  18. ATO’s ‘hands are tied’ on cash flow boost, JobKeeper anomaly: Tax Institute

    was derived or the supply was made. ‘A missed opportunity’ The Treasury was confronted on the issue at a Senate inquiry last week but responded by noting that the design of the program was a matter for the government. The department also confirmed that...

  19. ATO, tax agent COVID-19 scams on the rise, warns mid-tier

    Mr Fittler said. “It’s an emotional time for many business owners who are already struggling to keep things afloat; the last thing they need is to unknowingly hand over sensitive financial information to someone purporting to be from the ATO. “The...

  20. ATO, mid-tier flag compliance risks in clients' claims

    economy by the ATO, one mid-tier manager has urged accountants to dig a little deeper into their clients’ activities. Last week the ATO updated its guidance on the tax obligations of the sharing economy, reminding its participants that they must declare...