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  1. The future of alternative lending

    We know that the funding space has undergone extensive change during the last decade, so what’s in store for the future? The introduction of fintech lenders has given SMEs more choice, and also spurred traditional lenders to update their offerings...

  2. The future is bright for accountants and bookkeepers

    Looking back on the Year of the Horse last year, it’s clear that 2014 should have in fact been called the Year of the Cloud. The bounds of cloud technology were pushed in all directions by businesses in almost every industry — with one of the biggest...

  3. The end of lenient tax debt deals and what it means for your practice risk

    than applying a standardised approach. "The pandemic created expectations around ATO flexibility that were never going to last. The Tax Office has said clearly it is moving to enforce, and a payment plan that felt like protection two years ago is now a...

    • Type: Article
    • Author: Mackay Goodwin
    • Category: Tax

  4. The end of financial year comes but once a year

    non-concessional contributions you’ll need to check on what the client has contributed this financial year as well as the last two years in case they’ve triggered the “bring forward rule”. And don’t forget that spouse contributions count against the...

  5. The cost line your manufacturing clients can't see

    Here's what that actually looks like in practice: a question the client can't answer, attached to a number. When was the last compressed air leak survey? If the answer is never, or nobody can remember, the DOE's 20 to 30 per cent band is the realistic...

  6. The consequence of payroll errors

    outside their contracted pattern of work without sufficient documentation in place.” In order to correct the error, the last 8 years of handwritten timesheets will be scanned, indexed, entered into payroll software and rerun. The cost of which is $1.5...

  7. The confidence needed to embrace advisory

    books. This isn’t why many accountants entered the profession – but it is where most end up spending their time. Over the last decade – and with increasing momentum in more recent years – that is changing, with the profession transformed by a range of...

  8. The cloud and its impact on big Aussie accounting firms

    accounting firms are gradually accepting the efficiencies that the cloud presents, and the results have been phenomenal. The last five years has seen a radical rethink and shift in the way professional services companies have implemented digital...

  9. The changing world of small business financing

    be assessed and approved can take weeks. As a result, many SMEs miss opportunities that require fast access to funds. In the last 12 months, many alternative options to small business lending have become available for Australian SMEs, changing the way...

  10. The challenges and rewards of advising professional athletes and creatives

    supported that, regardless of people's experience or regardless of people's education. “What I find now, particularly in the last 10 to 15 years, is that the star fades a lot quicker because people's attention spans and quick access to information and...

  11. The biggest financial challenges faced by ASX listed businesses and how to overcome them

    Find the solution that will enhance your client relationships as a professional service provider. The last two decades has seen a dramatic shift in the financial landscape for ASX listed companies, where businesses are beginning to recognise outdated...

    • Type: Article
    • Author: Orb Alternative
    • Category: Business

  12. The bigger picture of the fintech boom

    as no surprise that investment in the fintech space has increased at a compound annual growth rate of 41 per cent over the last four years. Most of this investment is coming from the banks by way of joint ventures, M&A and venture capital. For a typical...

  13. The Australian Tax Office hotspots 2019 — do they apply to you?

    can be a wake-up call both to ensure that you get it right this year and that you go back and check that you did it right last year. So, what is on the ATO’s list this year? Well, essentially, they’re looking at two main areas: work-related expenses and...

    • Type: Article
    • Author: Mark Chapman, H&R Block
    • Category: Tax

  14. The AML regime is coming – are we ready?

    Team members will need training to understand how to recognise suspicious activity and what to do if they encounter it. Last, firms need to report certain matters to AUSTRAC, including suspicious transactions and, where relevant, threshold transactions....

  15. The AI confidence gap holding Australian small businesses back

    limited knowledge of what AI can do, and fear of getting it wrong. The government has named it clearly. Speaking in Brisbane last October, Assistant Minister Andrew Charlton issued a call to arms for every Australian business. He committed to breaking...

  16. The Advocating for Advisors Report

    Did you know that advisors have helped small businesses derive over $45.3 billion dollars in value over the last year? Whether it has been as a JobKeeper application master, business coach or therapist, we know that accountants & bookkeepers have had...

    • Type: Article
    • Author: Intuit QuickBooks
    • Category: Business

  17. The accountant who thought they were helping (and created a $200k liability instead)

    something that troubles me: accountants creating liability for themselves while genuinely trying to help their clients. Last month, a director called me in a panic. She'd bought a business, agreed to pay off the seller's tax debt as part of the purchase...

  18. The Access Group launches software platform to boost data security

    focused on data security. The announcement was made at the Access All Areas event held at the Esplanade Hotel in Melbourne last Wednesday. The event was solely focused on bringing members of the accounting industry together and consisted of 23 panel...

  19. The Access Group completes Sage Australia acquisition

    Australian and Asian business in a bid to strengthen its foothold in the region. The deal, first announced in December last year, will include Sage’s HandiSoft accounting software, along with its MicrOpay, WageEasy, EasyPay and UBS Accounting products....

  20. The Access Group buys Brisbane software outfit ChangeGPS

    and New Zealand,” he said. “ChangeGPS marks the fourth acquisition of ANZ-based accounting technology companies in the last three years, reinforcing our commitment towards helping accounting firms maximise growth opportunities presented by new...

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