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  1. 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...

  2. 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...

  3. 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...

  4. 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seen a dramatic shift in the financial landscape for ASX listed companies, where businesses are beginning to recognise outdated...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

  5. 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...

  6. 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

  7. 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....

  8. 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...

  9. 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

  10. 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...

  11. 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...

  12. 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....

  13. 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...

  14. The Access Group acquires cloud payroll and HR platform

    customers and partners to The Access Group,” Mr Agiasotis said. “This acquisition marks the fourth for the company in the last two years and demonstrates The Access Group’s intent for being recognised as a leading business software provider across the...

  15. The $2m shareholder agreement that nearly killed a company

    I've been mediating shareholder disputes for years, but the case that landed on my desk last month revealed a dangerous blind spot in how accountants approach shareholder agreements. A profitable professional services company. Three decades of...

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  17. Text messages become the scammer’s weapon of choice

    Report, in a “golden era” for digital fraudsters. It found more than $70 million was lost to investment scams during the last quarter of 2022–23, dwarfing amounts lost to fake government services, false billing and romantic cons. Text messaging...

  18. Temporary full expensing changes tabled in Parliament

    a track record of making substantial investments in Australia. The change, announced by Treasurer Josh Frydenberg last month, is intended to allow Australia-based businesses who are connected with large global groups to access the measure. Choice to opt...

  19. Temporary FBT break lifts plug-in hybrid sales 130%

    of PHEVs,” chief executive Rohan Martin said. PHEVs accounted for 17 per cent of all electrified passenger and SUV sales last month, up from 6.6 per cent in June 2023, and made up around 22 per cent of electrified SUV sales for the year to date, up from...

  20. Technology is transforming insolvency practice at a critical time

    passing through input price increases and high fuel and energy costs, unprofitable builders are entering administration. Last financial year, there were more than 2,800 insolvencies across the construction sector, an increase of over 70% over the year...

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