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  1. Insolvencies to rise across the region, say GRIP members

    in other jurisdictions for services they need,” said Ms Lau. Jirsch Sutherland joined the GRIP network in May 2021 as the lead of the APAC region and has since grown the network's reach to 15 countries. Members include: Ahlawat & Associates - India DFDL...

  2. Insolvencies set to spike

    of the federal Budget, government departments are finalising budgets and resources for 2014/2015, which Mr Cribb said will lead to the ATO ramping up tax debt recovery efforts and the likelihood of all forms of insolvency appointments increasing in the...

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

  3. Insolvencies enter ‘unchartered waters’ during holiday break

    we will start to see further enquiries and more distress,” she said. The ATO cautioned against insolvency advice “that could lead to illegal phoenix activity” in an update last week. “Some insolvency advisers suggest actions designed to help directors...

  4. Insight: Integrating AI into your business in 2025

    helping clients make informed decisions. These insights don’t just add value – they position your firm as an innovative leader in the industry. 6. Personalise the client experience AI’s ability to process vast amounts of data quickly makes it an...

    • Type: Article
    • Author: Olivia Long, SMSFAI
    • Category: Business

  5. Insight: Balancing profitability and work/life harmony at Access All Areas

    doesn’t mean equal – it’s more like a pendulum. Some weeks, work takes priority, and other weeks, personal life takes the lead. During our discussion, Catarina shared a pivotal moment where her kids gently pointed out that she was working too much. It...

    • Type: Article
    • Author: Kyelie Baxter, IQ Accountants
    • Category: Business

  6. Inquiry raises concerns about ‘systemic misuse of accountants’ certificates’

    the use of accountants' certificates and the misclassification of clients as wholesale or sophisticated investors. AFCA lead ombudsman, investments and advice, Shail Singh, said since starting operation in November 2018, AFCA has received around 140...

  7. Inherited assets: what you need to know about pre-CGT v post-CGT investments

    as this forms the new cost base. Without it, the Australian Taxation Office (ATO) may apply its own assessment, which could lead to higher tax. For post-CGT assets, you’ll need to obtain records of the original purchase price, acquisition costs, and any...

  8. Independent firm snares big 4, mid-tier execs

    experience in advising clients and providing objective analysis of transactions in major commercial disputes. He will lead McGrathNicol’s Australian dispute advisory practice. Mr Fressl has 18 years of experience specialising in transactions,...

  9. Increase to CPE hours will lead to practitioner ‘haemorrhage’

    continuing professional education hours for BAS agents will be “unlikely to be achievable in practice” and will ultimately lead to practitioners leaving the industry, says one peak accounting body. Chartered Accountants Australia and New Zealand has now...

  10. Incoming PwC Australia chief shuffles C-suite

    Incoming PwC Australia chief executive Kevin Burrowes has shuffled the C-suite and moved to replace two of the firm’s leading executives, general counsel Meredith Beattie and risk leader Tony O’Malley, who were due to retire. The Australian and the AFR...

  11. Incoming insolvency spike could prompt bankruptcy changes

    The inevitable spike in business insolvency numbers as a result of the COVID-19 crisis should lead to permanent legislative reform around bankruptcy, says an insolvency expert. Part of the government’s $66 billion stimulus package announced in late...

  12. Income tax focus ‘coming back to haunt us’, govt report shows

    the absence of other taxation reforms, maintaining Commonwealth Government revenue at recent levels as a share of GDP will lead to an increasing reliance on taxes on labour income through the personal income tax system.” Speaking to Accountants Daily,...

  13. Inappropriate accounting treatments continue to plague entities

    without any changes to their financial reporting, with ASIC noting that inquiries of individual entities may not necessarily lead to material restatements. ASIC has called on companies to focus on new requirements that can materially affect reported...

  14. IGT clears ATO of fraud but recommends changes

    the ATO controls to appropriately identify and manage conflicts of interest, as inadequate management of such conflicts can lead to risk of corruption. In this regard, following Operation Elbrus, the ATO has made significant improvements to its staff...

  15. Ignoring GST is costing small business

    such as insurance, motor vehicles, conveyancing and payroll; enable reductions in corporate and personal tax rates; and lead to an increase in productivity and economic growth for Australia, said Mr Malley. “We have to stop thinking of tax reform as...

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

  16. Ignition appoints global president to drive next growth phase

    and partners to enhance efficiency and profitability so they can focus on driving growth and innovation. I am thrilled to lead Ignition towards even greater growth in the coming years.” Ignition chief executive Guy Pearson said Ignition was excited to...

  17. ICAA and NZ chartered accountants join forces

    has been the new organisation being the most relevant service to our members, particularly with the focus on education and leadership and advocacy,” added Mr White. “The new body will directly benefit members through the robust, responsive and relevant...

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

  18. HR chief quits, EY partners told to ‘draw up lists’

    senior executive exits “voluntarily” without another job. The human resources chief at EY has quit without another job and lead partners have been told to make lists of staff who need “performance management” as the firm struggles to regain its balance...

  19. How You Say Good-bye Matters: Tips for Effective Offboarding of Remote Employees

    it is often not possible to have a traditional send-off that would provide an opportunity for closure. This may lead to negative feelings as they are suddenly separated from their work group. If an organisation and employee are no longer a good fit, for...

    • Type: Article
    • Author: The ADP Team
    • Category: Business

  20. How voluntary administration helps companies get back on their feet

    be able to rely on a Safe Harbour defence down the track if they can show they took action that was reasonably likely to lead to a better outcome overall for the company and its creditors as a whole. Chris Baskerville, partner, Jirsch Sutherland

    • Type: Article
    • Author: Chris Baskerville, Jirsch Sutherland
    • Category: Business
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