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  1. Why Peak Chartered Accountants are so tech-positive

    up so much RAM on our hosted server solution that the system would begin to grind as the day went on. Then during lockdown last year in April, I recognised we were in a hybrid situation where we didn’t need to be working through a centralised service....

  2. Why payday super offers a timely chance to close the gap

    support for their employees). The new PDS policy was announced jointly by the Treasurer and Assistant Treasurer on 2 May last year as part of the budget measures announced on 9 May. The policy sits against the historical landscape of decades of...

  3. Why Other Professions Bill More than Accounting

    a service is a late bloomer. That’s also why accountants keep taking those ‘quick calls’. Think about lawyers. When was the last time you squeezed in an unbilled ‘quick call’ with a lawyer? Every minute is scheduled, every conversation is billed—it’s...

    • Type: Article
    • Author: Change GPS
    • Category: Business

  4. Why now is an opportune time for accountants

    over the next few years – my guess is that future data will show us that many zombie companies have been lurking for the last two years." Going forward, Mr Withane said he expected accountants to see more clients in need of restructuring and turnaround...

  5. Why more Millennials are turning to SMSFs

    more cost-effective. And the SMSF Association really validated a lot of that and debunked ASIC’s fact sheet that they had last year by releasing research to show that costs are coming down, which, therefore, means the framework for entry points and...

  6. Why it’s time for accountants to raise their prices

    fees for your services going forward, which can have a transformative effect on your revenue. Determine your tiered pricing: Last but not least, have a think about your tiered pricing structure and create a detailed pricing matrix. To do this, consider...

  7. Why finance will welcome fewer systems, but more AI, fraud defence

    Software consolidation, automation with a human touch and fortified scam prevention are on this year’s agenda. Last year marked a breakthrough for emerging technologies and many finance leaders began thinking about how they can integrate new tools into...

  8. Why early access to super should be a last resort

    informed of all potential consequences, however unintended they may be, and continue to treat early access to super as a last resort. Naz Randeria is the managing director of Reliance Auditing Services.

  9. Why Division 296 sets a stressful precedent

    relating to structured settlements, child recipients of superannuation income streams and individuals who die before the last day of the income year. As a result, an individual who dies on any day from 1 July to 29 June of an income year is not subject...

  10. Why Digital Marketing Is Your Best Defence Against Economic Uncertainty

    COVID-19 pandemic has been undeniably bad for business. International trade has been near impossible for the bulk of this last year, and job scarcities across the globe have limited consumer spending. That being said, the tumult of 2020 seems to have...

  11. Why cyber security keeps Jordan awake at night

    we’re conscious of the challenges that accompany our digital landscape. “I have been asked several times over the last year, ‘What keeps me up at night?’ My response has always been: cyber security. “The ATO holds about 50 petabytes of data. This is...

  12. Why courage is the backbone of audit

    Last week, over 6,000 finance and accounting professionals from around the world came together in Sydney to discuss the key global challenges and opportunities affecting the profession, including what audit means in today’s modern business environment....

  13. Why concerns linger over s100A final ruling

    This harks back to a different era and has no place in the current tax landscape. Even the anti-avoidance rules of last resort, Part IVA, have a four-year amendment period. S100A should have parity with Part IVA and be similarly limited. Another concern...

  14. Why cloud tech and AI hold the keys to attracting talent

    and conditions. Industry bodies CA ANZ and CPA Australia alluded to this reality in their submission to the government late last year. “Even accepting the conservatism of the official (ABS) forecasts, in round figures, the growth represents another...

  15. Why CFOs must be five-star generals in cyber-security arms race

    Let’s look at a practical example. Business email compromise (BEC) attacks are common, costing Australians over $98 million last financial year. This tactic sees scammers gaining access to an executive’s email account and using it to send instructions...

  16. Why business owners must understand the liquidation process

    including sole traders and partners in partnerships, who are declared insolvent. Bankruptcy is also an interim legal state, lasting three years, whereas liquidation leads to a permanent winding down of a company. When a company goes into liquidation, a...

  17. Why business leaders need to talk about menopause

    said. “It was so profound when I started getting me back again.” Her experience prompted her to conduct research over the last 12 months into how women define success, and the barriers they face in achieving it. She said numerous women have shared...

  18. Why building your BATNA is the ultimate business power move

    planning firms a few years ago that were chasing exclusively revenue because a major acquisition player—aka buyer of last resort—would pay 4x revenue: “So this $3M business that has a negative EBIT after I pay myself a commercial salary is worth $12M –...

    • Type: Article
    • Author: Sharon McClafferty, Slipstream Group
    • Category: Business

  19. Why authentic leadership comes loaded with challenges

    exhorted to bring our whole selves to work, which many of us interpret as, “This is who I am, take me or leave me”. Over the last two decades, views on leadership have shifted and there is recognition that there is no one single “hero” version of...

  20. Why auditors are the guardians of trust in the age of AI

    and fast-moving artificial intelligence (AI), the role of the auditor is more vital than ever. Every Auditor Proud Day - the last Thursday in September - we celebrate a profession that modestly underpins the trust on which our financial and business...

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