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  1. Sukkar issues myGov warning to agents

    as the ATO resumes processing early access to super applications. Early release of superannuation applications were paused last Friday after the ATO and the Australian Federal Police were made aware of identity fraud that saw 150 people affected....

  2. Succession planning overlooked by family businesses, says EY

    Australian family businesses, according to a new report from EY. The report, Staying power: how do family businesses create lasting success?, launched by EY and Kennesaw State University’s Cox Family Enterprise Centre, surveyed 25 of the largest...

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

  3. Successful accounting firms embracing technology

    aims to shed light on technology adoption, current challenges, and strategic priorities for the upcoming year. Comparing Last Year's Goals with Current Priorities: As technology continues to reshape the accounting industry, embracing its potential...

  4. Success and happiness: The real gift to accounting firm coaches

    about how it feels. You know, we can ask our clients for example, how does it feel to earn four and a half times as much as last year, or in their entire life,” she said. “What does that even feel like? It’s not that I like tracking the numbers. I just...

  5. Subscription revenue drives strong Reckon results

    per cent of our international group are on subscription products too. Overall we were around 50 per cent of our businesses last year so it’s a huge achievement.” Mr Rabie said strong subscription revenue is important for the long-term future of the...

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

  6. Submissions open for Women in Finance Awards 2022

    from the individual category winners will be crowned as the recipient of the prestigious Women in Finance Excellence Award. Last year, FAB Tax Accountants’ Miriam Holme walked away with the Excellence Award after winning the Accounting Consultant of the...

  7. Submissions open for 10th Australian Accounting Awards

    wellness initiatives. One individual winner with the highest score will walk away with the coveted Excellence Award trophy. Last year’s recipient of the Excellence Award was Mason Dunn, chief financial officer at Carbon Group, after he also won the...

  8. Submissions now open for the Australian Accounting Awards

    head of partnerships at Accountants Daily, believes this will be another record-breaking year for submissions. “Over the last four years we have been inundated with high-quality submissions, and award recipients represented a great cross-section of the...

  9. Submissions now open for Australian Accounting Awards 2016

    Awards, partnered by Reckon, have been developed to recognise excellence right across the accounting sector. The response to last year’s event was "staggering", according to AccountantsDaily publisher Terry Braithwaite. AccountantsDaily received a...

    • Type: Article
    • Author: Reporter
    • Category: Business

  10. Student outrage sees CA timetable changed to 2019

    unclear. A third capstone module will be available for students in 2018 and 2019, according to an announcement to candidates last week. Under the current timetable, some students finishing their technical modules in term two had to wait up to eight...

  11. Structural changes to erode Australia’s tax base: IGR

    tax base with indirect taxes expected to fall, the 2023 Intergenerational Report (IGR) reveals. The report, handed down last week, outlines that indirect sources of revenue are expected to decline as the decarbonisation of the transport industry and...

  12. Strong jobs growth of 64k powers past estimates

    rate reached a record high. The labour market is defying predictions of a slowdown after 64,000 jobs were added last month and workforce participation reached a record high. The strong growth in employment and the labour force kept the unemployment rate...

  13. Strong IPO market creates opportunity for accountants

    fourth globally for IPO activity in the first half of 2017, creating an opportunity for firms focused on small cap listings. Last week, EY released its EY Global IPO Trends: Q2 2017 report, revealing that global IPO activity was at its highest in H1...

  14. Stress, pay and robo-accountants top deterrents to profession: ACCA

    among many Australian accountants. “They almost refocused on compliance work because there was so much requirement over the last two years,” she said. “They’re like, there’s enough work for me already here and I’m comfortable and I just don’t want to...

  15. STP to cover all businesses as legislation passes

    Payroll to employers with 19 or fewer employees has finally passed both houses today, after amendments were tabled in late last year. The Treasury Laws Amendment (2018 Measures No. 4) Bill 2018 secured passage today after it was referred back to the...

  16. STP is an entry way into value pricing for accountants

    they must first unlearn old practices. “All of the mindsets, tools and strategies that we have dragged with us for the last two decades while billing based on time or costs, have become a part of who we are. “Accountants actually first have to unlearn...

  17. STP implications for 2018 returns

    tax agents have been able to rely on the paper PS, which was often given to the employee within a few days of the last pay for the year. For instance, if the last fortnightly pay was on Thursday, 21 June, the PS might be handed out on Monday, 25 June,...

  18. STP data sharing set to increase scrutiny on employee work rights

    seen a surge in demand for work right validation, with Mr Paff reporting a 400 per cent growth for vSure’s customer base last fiscal year. Buoyed by this, Mr Paff has acquired vSure together with an investor group led by Bruce Carr, with founder Mark...

  19. STP audit activity to ramp up as ATO ditches ‘softly softly’ approach

    The ATO’s “softly softly” approach to Single Touch Payroll will not last long, warns a tax expert, as clients are urged to revisit historical data before the Tax Office catches up to them. With Single Touch Payroll (STP) now mandatory for businesses of...

  20. STP ‘a bureaucratic nightmare’ for small business

    ATO allow the client to give them a yearly authority to lodge on their behalf based on the information they've provided?” Last year, the Institute of Public Accountants noted how the rollout of single touch payroll would affect small businesses, citing...

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