Assuming lead is required, the following 1452 results were found.

  1. CPA calls for extension to compulsory advice exam

    examinations in a number of years, which may result in higher levels anxiety and pressure when sitting the exam. This may lead to higher initial fail rates, requiring additional re-sits.” CPA Australia therefore recommended that the date for existing...

  2. Payroll, false records sees business cop $140k penalty

    during the investigation. In August last year, the FWO had discovered issues with record-keeping at several Degani outlets, leading to audit activity that found non-compliance at 15 outlets. Fair Work Ombudsman Sandra Parker said the penalty imposed by...

  3. 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...

  4. Tax, SMEs set to be ‘political football’ in 2019 as election nears

    into the spotlight as political parties look to claim last minute votes. “The SME space will be a political football in the lead up to the election, predicted to be in May 2019, as all sides of politics attempt to gain voter support,” said Mr Turnbull....

  5. Agent’s tax debts could trigger client audits: ATO

    tax agent’s own obligations are one of a number of factors we use to determine which tax practices are reviewed, reviews may lead to agent and/or client audits,” the ATO spokesperson said. Speaking to Accountants Daily, Institute of Public Accountants...

  6. New insolvency rules kick in

    preliminary investigations and reports by liquidators into the failure of companies with few or no assets, where this may lead to ASIC enforcement action, with a particular focus on curbing fraudulent phoenix activity. This additional funding will...

  7. Accountants called to lead fight against corruption

    The Institute of Public Accountants chief executive, Andrew Conway has backed the initiative, calling on accountants to help lead the fight against corruption. “Corruption not only erodes trust, it has a direct detrimental impact on economic growth,”...

    • Type: Article
    • Author: Reporter
    • Category: Business
  8. How the proposed 3 year audit cycle will impact the accounting sector

    likelihood of the policy going ahead. They will discuss the issues that will arise as a result of the changes, how it could lead to privacy risks for SMSF clients, and if there is any evidence that the proposal will actually help the integrity of the...

  9. Bookkeeper CPD hours in spotlight amid audit crackdown

    three-year registration period, with a minimum of five hours each year. “Failure to comply with our CPE requirements may lead to a formal investigation that could result in an administrative sanction,” said the TPB earlier. “Sanctions available range...

  10. Highly anticipated STP law secures passage

    it happens. We’re not forcing people to go digital to get the accounting software and payroll.” You can listen to ATO STP Lead, John Shepherd speak about what small businesses can expect ahead of the 1 July 2019 deadline and the range of alternative...

  11. Anxiety grows as tax bills continue to be delayed

    Robyn Jacobson said the delays would cause further uncertainty for tax practitioners and taxpayers as it would mean shorter lead times to prepare for any changes. “[With the SG amnesty], we are now more than halfway through the 12-month proposed period...

  12. Major bank unveils invoicing product

    invoices. Cash flow is the life blood of any business and being able to manage it is extremely important, especially in the lead up to a busy period like Christmas. “Our goal is to provide the capability for business owners to leverage quicker payment...

  13. Franking credit changes: An update from the government’s inquiry

    In this episode of Accountants Daily Insider, host Katarina Taurian is joined by Member for Goldstein Tim Wilson who is leading this inquiry. Tim will share why he believes the policy will fail to deliver the desired outcome, the huge financial impact...

  14. MYOB hails 20-day payment times despite quicker push

    to increase their payment term transparency to small businesses and reduce payment time to less than 20 days, is what will lead to the next wave of substantive change.” However, not everyone believes this goes far enough, with the Institute of Certified...

    • Type: Article
    • Author: Reporter
    • Category: Business
  15. ‘We can't stay outside of this software world’: Tax agents called to lead change

    The Tax Office is seeing a change in the industry conversations around accounting software from one of fear to optimism, given the inevitability of digital growth. Speaking on the ATO’s tax professionals webcast, ATO director Ben Spargo said he has...

  16. 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...

  17. 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...

  18. Bookkeepers urged to lead STP take-up as deadline approaches

    Bookkeepers have been urged to start conversations with smaller clients to help them see the potential benefits of the proposed introduction of Single Touch Payroll before July deadline. While legislation to expand STP to employers with 19 or less...

  19. ‘More to learn’: ATO on payroll compliance fears

    regime for the smaller end of town as a “compliance stick”. Speaking on the ATO’s webcast, Assistant Commissioner and STP lead, John Shepherd said that the Tax Office would have to learn more about payroll processes to understand what is and what is not...

  20. ‘No need to buy payroll software’: ATO fronts STP confusion

    and internet banking alternatives being explored. Speaking on the ATO’s webcast yesterday, Assistant Commissioner and STP lead, John Shepherd confirmed that micro businesses – those with one to four employees – will be provided with different options to...