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  1. Thomson Reuters, Westfield exec to head Tax Institute

    take over from interim chief executive Vince Lendrum, who took over the reins when Mr Rowland departed the role in September last year after 19 years of service. Mr Hurst was most recently a director at Thomson Reuters, working within the tax and legal...

  2. This Payroll Platform Could Be A Gamechanger

    advisors is the relationship with their clients. Ensuring you recommend a product that does what it says, is key: “Over the last few years we’ve worked incredibly hard to create a great payroll system. It has proven to speed up and streamline payroll...

  3. They said accountants had no future, and they were wrong

    less suited to the ATO’s do-it-yourself system. The final percentage for agents may yet be broadly in the same ballpark as last year. Many people – myself included – worried that myTax could turn into the Uber of the tax world, the digital disrupter...

  4. The year the ATO came out on top – again

    lodge by the amnesty that might otherwise have sat on their hands. Accountants Daily awaits the final tally – taking in the last 25 days of the scheme – with interest. Small-business lodgements were of special interest to the ATO because the amount...

  5. The year that tax crime didn’t pay

    who help others evade tax. The Plutus jail terms were also just the headline items in a long list of wins for the taskforce last year that included, in December alone: A three-and-a-half year jail term for a Victorian man who attempted to claim almost...

  6. The year that rocked foundations of big 4

    in the wake of a review of its disciplinary procedures after its much-criticised handling of the KPMG exam cheating scandal last year. In reality, neither amount looks sufficiently potent next to the revenue of any big four firm. Instead, the real...

  7. The year professional bodies saw red

    Aren’t you curious what these folks spend their time ‘managing’? With a sole exception, remuneration for key executives rose last year with chief executive Ainslie van Onselen the top earner on $940,000, up from $877,500. With more members – 172,000 –...

  8. The year of shakers and movers

    threat of it – might be the only way to persuade a boss of your value. If you are the boss, different dynamics prevail but last year, as ever, the top end of town played musical chairs. Many of the plumb posts are in the gift of government and Labor has...

  9. The year cyber chickens came home to roost

    senior executives – suitably titled “Keeping us up at Night” – found 43 per cent were restless about the issue, relegating last year’s top concern of skills shortages to second place. Released yesterday, it found cyber security was now the number one...

  10. The year accountants met AI

    it’s for better or worse, one thing is certain – ChatGPT and its ilk have irrevocably changed the industry. In February last year, Will Buckley, manager of Xero Australia, told Accountants Daily he had tested an AI tool called ChatGPT and believed it...

  11. The weight of a generation: what the profession is really saying about the 2026 budget

    who know the stakes are real. "I've been recommending discretionary trust structures for 22 years. The client I advised last Thursday to keep their business in their family trust – I need to call them back. Everything changed overnight," was one of the...

  12. The value proposition of an accountant

    years, and many do more than that if they have other designations. An area of concern that has been in the media in the last week, and a possible reason for the widespread variation of pricing for accounting, tax and BAS services, are the number of...

    • Type: Article
    • Author: Amanda Gascoigne, Amanda Gascoigne Consulting
    • Category: Business

  13. The untapped strategic advantage of ethical culture for accountants, auditors

    must embrace an ethical culture as a strategic advantage and discouraged practitioners from having a compliance mindset. Last week, at the Ethics & Independence Conference, hosted by the International Code of Ethics for Professional Accountants, the...

  14. The Ultimate Pricing Strategy Guide for Accountants & Bookkeepers

    Discussing prices with clients can be awkward, especially when it comes to communicating value—but, it doesn't have to be! Choosing the best pricing strategy is one of the most important decisions you can make. However, there are many factors to...

  15. The top 4 issues facing accounting practices today

    the CPA Australia Public Practice Conferences in May and June 2018, Jacobson will outline the most important changes of the last 12 months and hold master classes in Victoria and New South Wales. “Most of the tax policy I’m seeing at the moment is in...

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

  16. The Tax Institute hits out on tax reform

    system is likely to occur rather than dealing with the new challenges that confront our tax system that were highlighted in last year’s Re:Think Tax Discussion Paper as the reason for needing reform. “Ensuring our tax system is fair, simple, efficient...

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

  17. The skill drought dilemma: Pay up, or lose staff

    was a problem right across businesses, including accountancies, because they had little experience dealing with it. With the last sustained high-inflation period back in the 90s, “it’s a huge challenge for many business owners, not just small business...

  18. The role of the IGTO in the tax system

    Karen Payne, to outline the role of her office in the broader tax system, new stats around taxation complaints over the last few months, and the process of escalating tax administration concerns. Karen explains why she endorses the simplification of the...

  19. The road ahead for tax reform

    have quadrupled, while incomes have merely doubled. As a result, home ownership rates have dropped significantly over the last 40 years. Then there’s productivity. Growth is slower than at any time in the past 60 years, and business investment is...

  20. The relevance of outsourcing against the backdrop of current accounting issues

    behind it. We need fresh blood into organisations. I think if we look at some of the stats that have been coming out in the last in the last couple of years, we only see about 50% of the graduates that we need coming out of universities and going into...

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