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  1. ASIC circles former auditor over failure to comply with standards

    to conduct the audit of Big Un in compliance with auditing standards. The matter stems from Mr Stem’s appointment as the lead auditor for Big Un for the financial year ended 30 June 2017. According to a statement from the corporate watchdog, Big Un...

  2. ASIC cancels registration of two liquidators

    he said. “Our work identifying failure to comply with basic obligations can highlight more systemic issues which will lead to ASIC enforcement action.” Cancellation for both Mr McCroary and Mr Fawcett took effect on 29 July 2015, following the...

  3. ASFA proposes tax policies for strengthening super sector

    noted. The body also stressed changes to LISTO were crucial based on recent government income tax cuts, which would lead to over one million low-income workers having the small tax advantage for their super contributions further reduced. Additionally,...

  4. ASFA calls for super tax changes for low income earners

    security in retirement for individuals on lower incomes, especially women. “If adopted, ASFA’s budget recommendations would lead to better retirement outcomes for Australians, particularly low-and middle-income earners,” Delahunty said. “Importantly,...

  5. ASBFEO issues copyright law warning for small businesses

    not to consider their own unfounded DMCA action against competitors, as misuse of legal protections could backfire and lead to action being taken against them. “In all cases, Australian small and family businesses should get their own legal advice if...

  6. ASBFEO floats legislative fix for late payment terms

    big businesses have had more than enough chances to do the right thing, so if they can’t follow Telstra and Rio’s lead, I will have no choice but to recommend legislation requiring 30-day payment terms across the board.” Ms Carnell noted that there is a...

  7. ASBFEO calls for accountant advice for struggling businesses

    “If the small-business owner, with the approval of a registered liquidator, could restructure their affairs, it would likely lead to more positive outcomes, including a greater return to creditors.” Ms Carnell has also called for the cost of insolvency...

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

  8. Are young workers facing a ‘resilience crisis’?

    likely to experience issues, with 21 per cent of under 30s reporting low resilience ratios. According to Springfox, this can lead to issues such as chronic distress, anxiety, illness, self-doubt, fatigue, and apathy. The report noted that males were...

  9. Are you the ‘average accountant’? Census data gives up its secrets

    through from university, combined with the overall aging of the population. Insights to consider: An aging workforce can lead to large waves of workers retiring. The accounting industry should consider how to attract younger people to the profession to...

  10. Are leaders born or are they made?

    Become a more effective leader of change in a public practice with this invaluable two-day online conference. In an environment where transformation is an imperative rather than an option, public practitioners are facing the challenged head on. But...

    • Type: Article
    • Author: Chartered Accountants
    • Category: Business

  11. Are Australian companies prepared for the US-led payroll compliance shift?

    US companies will be experiencing a significant shift in employee compensation reporting requirements, which will likely lead to much greater awareness of employee entitlement compliance, not only in the US, but on a global scale. The United States...

    • Type: Article
    • Author: Marcus Zeltzer, Yellow Canary
    • Category: Technology

  12. Aptum Legal snags former ATO assistant commissioner

    has revealed former ATO acting assistant commissioner, Michael Buscema, has been appointed as its new tax disputes practice lead. Aptum Legal, which specialises in disputes, has recruited Michael Buscema to lead its tax disputes practice. Before joining...

  13. APS raises major concerns with changes to ancillary funds

    said. However, Fiander praised the government for increasing the number of new community charities, and said: “The two-year lead time for application of the new minimum distribution level for existing ancillary funds is sensible and aligning...

  14. Apps and the age of automation

    Offers the accountancy practice's expertise at their clients’ fingertips. 10. Join the app economy and become a technology leader. There is little doubt that technologies such as the cloud are transforming accounting services. Coupled with the rise of...

  15. Approved courses named by FASEA; CA ANZ takes next step in recognition lobby

    FASEA to recognise the long hours of rigorous study that is required to gain and maintain CA membership,” financial planning lead at CA ANZ, Bronny Speed, told Accountants Daily. “Our CA program is highly aligned with FASEA’s integrated model approach...

  16. App launched for accountants eyeing Chinese clients

    300,000 Chinese-speaking users. Grei’s CEO, Philip Peng, told Accountants Daily that Grei is looking to create a valuable lead generation opportunity for accountants who have struggled to get an “in” with the Chinese investor community. “Grei works with...

  17. APESB names new chair

    and health minister Nicola Roxon as its new chair. Interim chair Stuart Black said Ms Roxon’s extraordinary success as a leader along with her experience and proven skills make her eminently qualified to lead the APESB into the future. “Ms Roxon brings...

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

  18. APESB appoints former ICAA president to board

    merger with the New Zealand Institute of Chartered Accountants and served as the executive chair of the merger project that lead to the creation of CAANZ. Mr Farrow also has a number of non-executive directorships in both ASX-listed and unlisted...

  19. APAC e-commerce payments to increase 17%

    amid COVID-19 made online shopping even more appealing for consumers.” Commenting off the back of the findings, Ravi Sharma, lead banking and payment analyst at GlobalData, said: “The adoption of alternative payments in APAC has occurred well ahead of...

  20. Anxious Aussie FTX investors await creditor meeting for clarity

    cryptocurrency business has reignited calls for greater regulation of the industry and exchanges, with Australia striving to lead the world with a token-mapping project. “We are closely monitoring the fallout from the FTX collapse, including further...

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