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  1. The GIC landscape is shifting

    risk. This could, in turn, have significant consequences for the wider economy (a potential rise in business failures could lead to increased unemployment, reduced consumer spending, and slower economic growth, creating a cycle of hardship that affects...

  2. The financial reporting implications of US tax reform

    of introducing comprehensive hybrid rules). The interaction of these rules across jurisdictions can be complex and often lead to unanticipated outcomes. Immediate deductions for the cost of certain depreciable assets The rules provide for the ability to...

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

    the amount of contributions clients can make to super as a concessional or non-concessional contribution but too much will lead to tax trouble. The limit applying to concessional contributions is $25,000 which is taxed at 15 per cent. But, any amounts...

  4. The current state of play with tax debts and the ATO

    She sheds light on the factors the ATO is looking at when considering when to grant payment plans and what is likely to lead to a more favourable outcome. Koskie also explains what initial steps businesses with these debts should be taking and how they...

  5. The complexities of lying in a workplace environment

    policies about expected behaviour and codes of conduct for accountability to ensure everyone is held to the same standards. Lead by example. Management and leaders should demonstrate the values in their actions and decision-making and hold themselves...

    • Type: Article
    • Author: Barbara Selmer Hansen, Impact Business Consulting
    • Category: Business

  6. The challenges and opportunities of digitalisation

    Moving from a static fixed schedule derived from fixed milestones for compliance reporting to ongoing business advice will lead to accountants re-evaluating the way they price their services. Though hourly billing remains the standard for accountants, a...

  7. The benefits of turning social

    of digital technology has profoundly altered the way we capture, process and store data. It has changed the way we lead our everyday lives; the way we shop, the way we eat and even the way we think. But the digital revolution has also changed the nature...

  8. The Autonomous Inventory Era: What It Means for Your Clients

    thresholds, demand forecasting updated continuously for seasonal trends, supplier selection scored in real time on price, lead time and reliability, and margin-aware purchasing that flags cost erosion before a purchase order is confirmed. Critically,...

    • Type: Article
    • Author: Will Gilbert, Channel and Partnerships Leader, APAC — Fishbowl Inventory
    • Category: Technology

  9. The ATO speaks on STP reporting updates and projections

    the tax profession in years. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by STP program lead at the Australian Taxation Office John Shepherd, who runs through how the first STP deadline fared for employers and the ATO...

  10. The AI question your clients are asking is the wrong one

    we can find out quickly, because we are already looking at the numbers those processes produce. This is our conversation to lead Accountants are unusually well placed here, and I think we underplay it. We see the ledger, the exceptions, the...

  11. The Access Group snags ex-Karbon MD in key appointment

    The Access Group has revealed the appointment of Jared Baker to lead its accountant’s division. The Access Group (TAG) has named ex-Karbon managing director, Jared Baker, as general manager for its accountant’s division in its latest string of key...

  12. The Access Group completes Sage Australia acquisition

    Access Group. Speaking on the merger, Mr Agiasotis said the deal would allow partners to leverage the group’s position as a leader in the space. “The union of Sage Group’s local businesses in Asia and Australia, and The Access Group’s established...

  13. The Access Group buys Brisbane software outfit ChangeGPS

    “phenomenal vision”, the best people and strategic fit. “Their team understands accountants,” he said. ChangeGPS founder and lead developer Mr Munro said the outfit would keep coming up with innovative products. “We have some amazing new apps for...

  14. The Access Group acquires cloud payroll and HR platform

    the acquisition, which is the group’s fourth in two years, signals his team’s appetite for being recognised as the region’s leading business software provider. “We are excited to be welcoming Definitiv’s employees, customers and partners to The Access...

  15. Thank you for registering the ATO, tax changes and you. Everything you need to know this EOFY

  16. Ten key features of an accounting firms website

    be a cross section of case studies from small businesses to large enterprises. Mention the strategies you implemented that lead to for example, tax minimisation, increased profitability, or improved cash flow. Also for privacy reasons, you should use...

    • Type: Article
    • Author: Joe Kaleb, Australianbiz
    • Category: Business

  17. Technology investment should go beyond automation and mobility

    the most recent Beaton Research Accounting Market Pulse report for FY16 commissioned by Commonwealth Bank, larger firms are leading the way on technology, with 40 per cent looking to increase tech investment over the next six months, compared with just...

  18. Technology and the future of accounting

    advice Conduct a needs analysis – being armed with analytics and a better understanding of your client’s business will lead to a more positive discussion Produce a proposal including a roadmap and clearly outlined goals These new and reliable revenue...

  19. Tech consultancy expands with UK appointment

    of strong demand from the accounting tech sector, the firm said. “With this global expansion into the UK, Vickery is set to lead the growth and ensure great results for our clients in the region,” it said. Mr Vickery will be joined by a supporting team...

  20. Taxpayers warned to steer clear of family trust distributions tax trap

    Nitin Saby, tax advisor and former ATO director, said the FTE and FTDT provisions were complex, poorly understood and could lead to significant tax pitfalls for family businesses and private groups. “As a tax advisor with over 15 years of experience, I...

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