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  1. ‘Voracious’ tax, advisory demand drives spate of mid-tier hires

    Mid-tier firm RSM has made a number of partner and director appointments in the lead up to FY17/18, with a particular focus on growing its business advisory division and servicing client demands off the back of “never-ending” tax complexity. RSM has...

  2. ASIC finds inappropriate accounting treatments in financial reports

    any changes to their financial reporting and ASIC has said that enquiries of the remaining entities will not necessarily lead to material restatements. ASIC has indicated that its focus areas for 30 June 2017 financial reports will highlight the need...

  3. MYOB finds shift away from accountants this tax time

    they meet the 30 June deadline, with 37 per cent sacrificing their weekends and 23 per cent working past midnight in the lead up to the EOFY. This provides accountants with another avenue to take some of the stress away from their clients and assist...

  4. Accounting firms suffering brain drain to commercial sector

    bring in external training specialists will reap the rewards of a more engaged and motivated workforce which in turn will lead to higher staff retention,” she said. “Firms that hold off on modernising/upgrading their systems, aren’t moving towards...

  5. KPMG appoints new chair for Australia

    in Melbourne where she focuses on external audit, management and governance. Senior roles for Ms Kitchen have included being leader of KPMG’s National Energy and Resources practice in Australia, and member of the global KPMG Energy and Resources...

  6. Licensee with accounting services set for acquisition

    the terms of the acquisition, GPS Wealth managing director Grahame Evans will join the board as an executive director and lead the company’s wealth management operations. The wealth businesses currently owned by the Eastern group include Merit Wealth...

  7. SMEs still passive about technology, finds MYOB

    the long-term plan, that's what they've got to think about.” Mr Raik-Allen said that SMEs in Australia are still hesitant to lead the way with new technology. “I was quite disappointed in some cases in some of the results around just how much we are not...

  8. Tax Institute calls out government on ‘unfair burden’

    to frank at the lower rate of 27.5 per cent. This could have the effect of ‘trapping’ franking credits in the entity and lead to the real possibility that much excess credit will be wasted,” Professor Deutsch said. “While we support the reduction of the...

  9. SMEs, accountants reminded of top ATO surveillance area

    Two mid-tier partners have reiterated warnings on the risk of making incorrect work-related expense claims in the lead-up to tax time, following the ATO indicating it will scrutinise all expense claims using data matching technology. ATO assistant...

  10. ATO to ramp up scrutiny of $20K tax break use

    can result in follow-up contact,” Mr Croker said. “Spending leaves a data trail, and the ATO expects that trail to lead to bona fide business activity. Few appreciate the huge amount of data the ATO collects to monitor business spending patterns.” CA...

  11. Turning year-end conversations into advisory work

    discussions which relate to profitability reviews, planning for the new year (budgeting) and even restructuring. Or it can lead to tangled territory and befuddled clients. So we neatly avoid the meeting, because we can. And that’s become a huge...

  12. Tips for managing change in your firm

    communication is one of the key factors in the successful implementation of change. Get the right people in place to lead the change. What skills do you need? What attitudes are you looking for? And who has them? Devise the vision and strategy. What...

  13. Big 4 firm boosts cyber security service with acquisition

    commerce and health care systems from cyber-threats had never been more important, according to Richard Watson, EY’s lead partner cyber APAC. “Connected infrastructure, growing networks and internet-enabled devices mean our communities are increasingly...

  14. Mid-tier ups tech offering with new portal

    range of professional business advisory services,” he said. Moore Stephens Victoria associate director and Stream project lead, Amy Riddell, added that the portal would also help maximise collaboration opportunities. “While SMEs are becoming...

  15. Accounting network reveals CEO package

    Countplus chairman Ray Kellerman said, “The Countplus board is delighted to have a five-year commitment from Mr Rowe to lead the transformation of Countplus and our revitalised growth strategy. “The contract outlines an incentive structure aligned to...

  16. New accounting recruits reject traditional drawcards

    things and more, as opposed to focusing on high remuneration according to Mr Barr. “Money is always a thing but it's not the lead thing. If somebody says they’re going to leave and you offer them more money then what happens is you don't buy loyalty,...

  17. Personal insolvency numbers spike across Australia

    who are holding on but not doing much better than that, so any upward movement in interest rates is probably going to lead to an increase in insolvencies.”

  18. Receipt Bank partners lead the way in Australian Accounting Awards nominations

    across the entire accounting industry. Receipt Bank's Australia country manager, Sophie Hossack, will be presenting Thought Leader of the Year, Partner of the Year (boutique firm), Bookkeeper and Bookkeeping Firm of the Year on the night. Many of this...

  19. CFOs held back by historical practices, research finds

    to spend less time on report preparation and data collection and more time on forecasting and scenario analysis which would lead to improved agility. Forty-nine per cent of CFOs surveyed believe predictive analytics will contribute most to agility,...

  20. How To Be Indispensable To Small Business Clients

    to tailor our skills to understand the unique needs of each client and turn this into high level value that will ultimately lead to continued growth and profitability for their business.” The way forward I’m delighted that at QuickBooks Connect we...

    • Type: Article
    • Author: By Nicolette Maury, Vice President and Country Manager, Intuit Australia
    • Category: Business
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