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  1. Warning shot frightens directors into action on debt

    21 days. This is the only way to prevent the ATO from pursuing the directors’ personal liability for the debt, which can lead to personal bankruptcy,” Mr Jacobs said. “Secondly, there is now no difference between lockdown and non-lockdown DPNs, because...

  2. Grant Thornton appoints financial advisory partner

    Prior to returning to Australia in April 2022, Mr Bogue led the Capital Markets practice at KPMG in Singapore providing lead financial advisory and independent financial advisory services to mid-cap companies, and more recently was also involved in...

  3. The key to going digital: Keep it simple

    according to MYOB’s Closing the Digital Gap paper last year. It found that increasing digital adoption among SMEs could lead to a 1.8 per cent increase in the sector’s contribution to GDP, equivalent to a $10.5 billion gain for the Australian economy....

  4. Zombie firms ‘will lead march to insolvency’

    A wave of wind-ups is about to hit after two years of limbo, says Insolvency Australia. Insolvencies will strike Australia in the second half of the year led by zombie companies and businesses that have exhausted their cash reserves, said one...

    • Type: Article
    • Author: Lorena Biasotti
    • Category: Business

  5. ATO pursues $850m in fraudulent GST claims

    seeking an unearned refund.” Mr Day said deliberate attempts to defraud the ATO or a refusal to organise repayments would lead to tougher actions, including criminal sanctions. The ATO said anyone who had engaged in the fraud should call the ATO’s...

  6. Liston Newton Advisory appoints inaugural CEO

    Antonius as Group CEO of their accounting and advice business. Based out of Liston Newton’s Malvern office, Mr Antonius will lead the group’s strategic growth and operational initiatives, with a particular focus on integrating new acquisitions into the...

  7. 3 Essential Rules for Successful Client Relationships

    identify small changes that won’t invite pushback. However you approach things, proper communication and planning can only lead to happier clients and a healthier business. Find out more by reading Ignition’s expert guide on How to Take Control of...

    • Type: Article
    • Author: Rebecca Mihalic, Head of Accounting @ Ignition
    • Category: Business

  8. The HR problems accountants cannot ignore

    and the position needs to be filled with urgency, or because they simply do not know what questions to ask. Managing and leading staff is a skill, one that not everybody has. The type of management style you have will often dictate the culture of your...

  9. ATO urges vigilance following registration scams 

    new ways to target the community. “We expect to see more of these malicious attempts to steal identity details in the lead up to tax time,” he said. “We are concerned about a recent increase in the number of victims reporting scams around TFN and ABN...

  10. Spotlight turns to business revenue

    are also open to discounts, changes and renegotiations. Tracking these factors manually can become a significant task and lead to errors when recognising revenue. Wherever in the world a business is domiciled, it will have to meet certain financial...

  11. E-invoicing will reduce emissions, says PwC

    off investments many large businesses have already made into electronic data interchange,” he said. “Allowing sufficient lead time also presents opportunities for larger businesses to include Peppol in any upcoming ERP cloud transformation project, as...

  12. ATO stands by ruling despite gym deduction win

    a high degree of anaerobic fitness (that is, a degree of muscle strength sufficient to control a large German shepherd on a lead in a volatile situation) and a high degree of aerobic fitness (that is, a degree of speed and agility sufficient to enable...

  13. BDO appoints new digital technology partner 

    as a partner in the firm’s digital & technology advisory (D&TA) team. Based out of BDO’s Adelaide office, Mr Korte will lead the D&TA team in supporting clients by assessing their business and IT environment and delivering real-world solutions to secure...

  14. Deloitte completes acquisition of Entrago

    performance group. Mr Douglas-Savage will become a Deloitte Consulting partner. Deloitte Australia national health sector leader, Luke Baxby, said this was another significant investment in health sector expertise and solutions, following the...

  15. Big Un lead auditor charged by ASIC

    Signing off 2017 financial reports for the tech start-up was “false or misleading”. The former auditor of Big Un Limited, Graham Swan, has appeared in Perth Magistrates Court charged with making a false or misleading statement in his 2017 independent...

  16. [Free Expert Guide] The Accountants Guide to Managing Scope Creep

    risk of non-compliance, and effectively manage fees. About the guide Unclear scope at the time of the engagement can lead to indemnity claims and professional conduct complaints. It can also cause firms to become non-compliant with APES 305 Terms of...

    • Type: Article
    • Author: Ignition
    • Category: Business

  17. IPA chief appointed to TPB 

    Australian government Treasury chief of staff before becoming the youngest CEO of a public entity when he was appointed to lead IPA. He has represented Australia at the Asia-Pacific Economic Cooperation, G20 and World Trade Organization summits, and the...

  18. Intuit kicks off Get Connected roadshow 

    to give attendees the opportunity to reconnect with friends in the industry. Intuit’s accountant and adviser group marketing lead Damien Greathead said bookkeepers and accountants had been working hard to help clients through the challenges of the past...

  19. Budget: Best of the rest 

    their tax liabilities, and align income tax liabilities on ACCUs with when they are actually sold. KPMG’s national sector lead, food and agribusiness, Georgie Aley said carbon farming and biodiversity opportunities had generated significant focus across...

  20. Budget: Big wins for SMEs

    – it’s a quick fix,” Mr Scott said. “We need to start seeing plans for more permanent tax reform.” KPMG’s enterprise tax lead partner Clive Bird said the budget was largely positive for Australia’s mid-market businesses. “Overall, this has been an...

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