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  1. Count Financial firm jumps ship

    of their business by introducing financial services,” Mr Holman said. “A growing number of accountants are following the lead of practices like Acumon and offering their clients more than tax and accounting services. “They’re looking to become a...

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

  2. Count announces completion of Diverger acquisition

    the company’s 44-year history”. “This acquisition resets the structure of wealth management advice in Australia, creating a leading diversified financial services company,” Humphrey said. “The network now represents over 590 accountants, in excess of...

    • Type: Article
    • Author: Keith Ford
    • Category: Business

  3. Could e-invoicing lead to an ATO automated BAS?

    While the government continues to peddle e-invoicing for its productivity benefits rather than its tax compliance potential, the international experience suggests that e-invoicing data could eventually be used to combat tax evasion and the black...

  4. COSBOA pushes for targeted SME policies ahead of election

    threats. COSBOA and CommBank said the report was created to spark meaningful conversations among policymakers, business leaders and the broader community to “champion the needs” of Australia’s small businesses and unlock their full potential. COSBOA CEO...

  5. COSBOA appoints experienced adviser as next CEO

    federal government ministers. COSBOA has appointed Luke Achterstraat as CEO after the board was impressed by his “wealth of leadership experience” and vision for the organisation. Chair of COSBOA Matthew Addison said the board picked Mr Achterstraat, a...

  6. Corporate regulator's funding slashed

    and changing the funding model around for licensees and financial planning businesses," he said. Funding cuts inevitably lead to staffing cuts, he added. "The question is which divisions in ASIC they're cutting those resources from – and what direct...

  7. Corporate accounting problems dominate ASIC’s review

    accounting policy judgements. The corporate regulator said that its inquiries of individual entities would not necessarily lead to material restatements, with matters involving 18 of the entities having been concluded without any changes to their...

  8. Convicted Sydney auditor’s registration cancelled

    Disciplinary Board (CADB) following an application by ASIC. The cancellation comes after Mr Evett was fined $10,000 after pleading guilty to criminal charges for failing to ensure that audits of Halifax’s profit and loss statements and balance sheets...

  9. Controversial ‘Airbnb tax’ set to become law

    Liberal opposition slammed the tax as unfair and pledged to repeal it if it won the 2026 state election. Opposition leader John Pesutto said: “This tax isn’t about getting more homes built and will only add to growing cost-of-living pressures under...

  10. Contingency fee arrangements attracting ATO scrutiny, practitioners warned

    the Tax Office said. "Approaches of this kind can place taxpayers at heightened risk of review by us, which may lead to amended assessments, increased liabilities, and financial penalties." The ATO also warned that it had come across tax professionals...

  11. Consumers warned to avoid post-Christmas ‘spending hangover’

    spending, with 78 per cent compared to 71 per cent. Kirkland said those who had planned to increase their spending could lead to costly decisions such as putting too much on credit or entering unnecessary debt. “If you do find yourself with too much...

  12. Considering supply chain financing

    not uncommon. On top of this, there is often an extended purchase order approvals process in large organisations. This might lead to yet another month before any cheques are actually in the mail! Suppliers, however, have no similar inclination to extend...

  13. Conflicts of interest, workloads put accountants in ethics spotlight

    They said common missteps included failure to identify an ethical issue or realise that a particular action might lead to a breach of the accounting ethical code, known as APES 110. “Issues around conflicts of interest is a big one, how to deal with...

  14. Conflict ‘inherent’ for firms with public, private clients: Scyne

    to provide services under the government’s central performance and management services scheme, according to Scyne’s NSW lead Diane Rutter. However, committee members were unconvinced that the firm was any different to PwC after 100 former partners and...

  15. Concierge is here to help

    sure the work is of a high level and putting out spot fires all the time” he said. Concierge builds on CPA Australia’s Lead the Change campaign which promoted the personal and professional benefits of becoming a public practitioner and running your own...

    • Type: Article
    • Author: CPA Australia
    • Category: Business

  16. Compliance costs on tax reform agenda

    to tax compliance and tax management activities. The discussion paper is intended to begin a dialogue on tax reform and will lead to a white paper that will outline the tax policy the government will take to the next election. Among a raft of...

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

  17. Communication key to effectively strengthen bookkeeper, accountant relationships

    Tait noted the first step forward was finding an accountant or bookkeeper who aligned with similar workflows, which would lead to the creation of win-win situations. According to Tait, if communication channels were opened and a solid relationship was...

  18. Common hurdles for accountants looking to expand

    down’ that we have to let go – if we want to move forward. Not having a systematic referral system. A referral strategy is a lead strategy, it’s a customer service strategy, it’s a process strategy, it’s a competitive strategy, it’s a management...

  19. Common client mistakes in the lead up to 30 June

    With 30 June fast approaching, there are a number of common mistakes that clients can make, or steps they fail to take, which will impact the amount of tax that they pay. Now is a good time to review current plans and put in place strategies to help...

  20. Commissioner of Taxation on ATO’s digital future

    training as ATO employees. “Service delivery workers within the ATO [are] really frustrated by the number of times that this leads to the need for double handling … because people have been given incorrect advice or not been able to get the advice or...

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