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  1. Accountant’s dismissal from charity was a genuine redundancy, FWC rules

    after the Fair Work Commission ruled her dismissal from the faith-based charity she worked for was a genuine redundancy. Last Wednesday (14 January), the Fair Work Commission (FWC) ruled that Uyen Phan, an assistant accountant who formerly worked for...

  2. Accountant’s appeal knocked back by AAT

    relevant information for approval, including cash flow projections and satisfying knowledge requirements. In an AAT hearing last month, the tribunal found that Michael David Watson did not provide all the relevant information that ASIC requires to...

  3. Accountant’s $340k BAS refund claim crumbles

    for a creditable purpose so that there could not be a creditable acquisition,” AAT member Rob Reitano said in a judgment last week. Reitano also upheld the ATO’s $136,000 fine against Ecosse because he found Guy was reckless as to the operation of the...

  4. Accountant, planner strengths remain at odds

    and financial planners succeed at and struggle with remain starkly different. Speaking at the Accounting Business Expo last month, My Accounts executive director Matthew Rowe referred to a survey done by Harvard Business School earlier this year....

  5. Accountant-focused licensing providers see adviser spike

    Merit Wealth, an accountant-focused licence owned by Easton Investments, saw a spike in the number of advisers joining last year, with 219 financial advisers becoming authorised representatives in 2018. This was more than triple the number of advisers...

  6. Accountant steps up in Melbourne Bourke St tragedy

    raised by the general public for the Melbournian man who helped confront the Bourke Street attacker with a shopping trolley last week. Michael Rogers, who is believed to be homeless, attempted to help police officers by confronting the knife-wielding...

  7. Accountant shortage, knowledge gap a ‘grave concern’ for leaders

    who wish to collaborate with the business.” Overcoming skills shortages has been front of mind for many leaders over the last couple of years. Similarly, the finance knowledge gap is quickly becoming a significant issue, prompting intervention from...

  8. Accountant sentenced to 7 years’ prison for theft charges

    Sportsbet gambling addiction. Former accounting manager Jason Richard Poser was sentenced in the District Court in Adelaide last week after pleading guilty to 34 counts of aggravated theft. Poser formerly held a senior role at SMSF specialist firm...

  9. Accountant sentenced for role in tax evasion scheme

    found guilty on two counts of defrauding the Commonwealth and two counts of dishonestly causing a loss to the Commonwealth. Last week, he was sentenced to two years’ imprisonment, to be released forthwith upon entering into recognisance of $4,000...

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

  10. Accountant seeks to overturn TPB findings in tribunal review

    the Administrative Review Tribunal for a review of the findings by the TPB. The TPB published allegations against Ristevski last month, alleging that he had contravened the Tax Agent Services Act 2009 (TASA) by providing tax agent services unlawfully....

  11. Accountant receives prison sentence for tax fraud

    Stamatopoulos pleaded guilty to dishonestly obtaining a financial advantage of more than $2 million in Perth District Court last week. Judge Michael Bowden sentenced Mr Stamatopoulos to eight years’ imprisonment, with a non-parole period of four years,...

  12. Accountant one day, broker the next

    business and revenue from day one. “Having the trail commission from that loan book has given me a lot of comfort over the last 18 months,” he said. “I haven’t been impacted much from fluctuations within the market, because I have that trail coming in...

    • Type: Article
    • Author: Mortgage Choice
    • Category: Business

  13. Accountant faces court over lodging false documents

    documents with ASIC. Paul Anthony Scott, of Southport in south east Queensland, appeared in the Southport Magistrates Court last week charged with one count of lodging false documents with ASIC. He was also charged with one count of obstructing ASIC in...

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

  14. Accountant denied TPB registration over supervision concerns

    require them to show evidence of at least one year of full-time relevant experience (or part-time equivalent) in the last five years under the “supervision and control” of a registered tax agent. Dou had worked as an accountant at Twin Cities Tax &...

  15. Accountant advice scheme crucial post-JobKeeper, government told

    the Institute of Certified Bookkeepers, the ASBFEO and the Council of Small Business Australia made a united call last year for a professional advice subsidy for small businesses. The proposed subsidy program will see small businesses with up to $10...

  16. Accountancy firms to increase salaries across FY2023–24: Hays

    Mr Cawley. “This year, both the number and value of increases will rise, continuing the upwards trajectory we first noted in last year’s Hays Salary Guide.” “Despite the increased salary boost, employers and their accountancy employees’ expectations...

  17. Account for September deferred payments now, businesses warned

    accountants have been urged to help their small-business clients understand what expenses will need to be paid in the last quarter of the year. With just one week to go before September, Scottish Pacific’s general manager for Victoria, Jane Starkins, is...

  18. Accessorial liability crackdown puts bookkeepers on alert

    in the wake of the fallout of the Fair Work Ombudsman successfully securing penalties under the accessorial liability laws. Last week, Harmers Workplace Lawyers executive counsel David Bates said recent prosecutions over the past three years have shown...

  19. Access to tax breaks threatened under new recommendations

    to claims. “There is this constant tweaking. It causes instability in the market because people just don’t know if it’s the last change and if it’s stable. How do you budget your five or six-year innovation spending like that, what does the roadmap look...

  20. Accelerating insolvencies strike concern for SMEs, report reveals

    that 50 per cent of SMEs said they would suffer severe cash flow problems or face negative financial impacts that would last three months or more. In addition to this, 4 per cent said they would need to shut down immediately and only 21 per cent said...

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