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  1. Mid-tier launches accounting subscription model

    fees to give clients access to cloud-based advice using their own data. Pitcher Partners Adelaide innovation lead and Pitch Labs co-founder Jarrod Morris believes the fixed monthly rate model will encourage clients to reach out for real-time accounting...

  2. Former ATO exec to lead tax policy at peak body

    A former ATO second commissioner will now lead the tax policy agenda at the Tax Institute as it looks to consolidate its advocacy efforts ahead of an anticipated tax reform push by the government. The Tax Institute has now announced the appointment of...

  3. TPB acknowledges wellbeing concerns with latest concession

    Michael O’Neill. “We understand that your health and safety and that of your family’s is of utmost importance, and this can lead to not being able to meet some of your obligations with us.” The TPB has also noted that while the 25 per cent professional...

  4. 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...

  5. Specialised firm tackles spike in COVID-19 fraud

    because of poor advice from trusted advisers. “The consequences are predictable. A lack of insight and expertise can lead to communication failures, mistakes in investigation or the analysis of evidence, and ultimately, substantial and unnecessary...

  6. Mid-tier appoints new audit leader

    A former big four partner has now joined a mid-tier as its new audit leader in its Perth office. Grant Thornton has appointed Brent Steedman as audit leader in its Perth office where he will lead a team of 36 auditors, including four partners. Mr...

  7. 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

  8. GST reform after the fallout — a once-in-a-generation opportunity

    supply chains. Inefficient taxes (such as a tax on payroll) move resources away from their highest-value use, which may lead to lower productivity across the economy. The GST is recognised as one of the most efficient taxes and was thought to pass all...

    • Type: Article
    • Author: Cameron Steele, Dentons
    • Category: Regulation

  9. What STP means for EOFY and COVID-19 government aid

    challenging economic environment, this EOFY, Single Touch Payroll (STP) compliance has never been more important. In the lead up to EOFY, amidst what has been an incredibly trying period for small businesses, you’ve likely never been busier. But while...

  10. Nexia Australia announces new chair

    Mal Di Giulio, managing partner of Nexia Perth, has now been appointed as chair of Nexia Australia. The new chair will now lead the 64 partners and 460 staff across the Australian network, having been a director at the firm’s Perth office since 1994. Mr...

  11. Former big four partners join mid-tier

    most recently a special adviser in the tax and private clients team at PwC, and a former tax partner at KPMG, will now lead BDO’s South Australian tax team. Mr Sandow also currently sits on the Tax Institute’s national council, having formerly chaired...

  12. TPB relaxes requirements in COVID-19 response

    Michael O’Neill. “We understand that your health and safety and that of your family’s is of utmost importance, and this can lead to not being able to meet some of your obligations with us.” In removing the cap, the TPB has noted that practitioners must...

  13. Helping clients with companies in financial distress

    distributes any available funds to creditors. Liquidators will also investigate the decisions taken by the directors in the lead-up to the liquidation, and directors can be responsible to compensate the company for matters such as breaches of directors’...

    • Type: Article
    • Author: ARITA, CA ANZ, CPA Australia
    • Category: Business

  14. Have we achieved gender equality in the accounting industry?

    gender bias, whether it be in the form of unintentionally discriminatory language or an underrepresentation of females in leadership roles. In the lead up to International Women’s Day this Sunday, 8 March, the businessDEPOT director, founding partner of...

  15. A new win/win opportunity for your practice and your clients

    tradies struggling to invoice on time, inventory based businesses unable to account for closing stock. All of these issues lead to wild fluctuations in Sales, Cost of Goods Sold and Gross Margin, making any meaningful analysis or forecasting extremely...

    • Type: Article
    • Author: Rhys Roberts
    • Category: Business

  16. Passive directors at ‘real risk’ under new DPN regime

    directors review the accounting systems their businesses are using to identify any systemic or processing errors which may lead to GST liabilities. “Directors can’t escape a liability by resigning, as the ATO takes the position that if you resign as a...

  17. New mid-tier principal calls for more ‘active’ advisers

    calls outside of compliance season,” Mr Nisbet said. “Aside from delivering technically accurate advice and quality thought leadership to clients, an active tax adviser knows that tax decisions are not made in a vacuum. “Tax advisers must gain their...

  18. Auditor tenure disclosure, new tendering regime recommended by inquiry

    auditors to specifically confirm that no prohibited non-audit services have been provided. CA ANZ reporting and assurance leader Amir Ghandar said the recommendations were a step in the right direction. “We believe these measures will improve confidence...

  19. What you need to know about the SG amnesty

    the profession with certainty around proposed changes to Division 7A, and what actions practitioners need to take in the lead up to 1 July. She also shares what advisers need to know about a new law regarding CGT main residence exemption, impending...

  20. Mid-tier unveils new private equity national lead

    A mid-tier firm has appointed a new national leader for its private equity division as it looks to build on its standing in the market. BDO Australia has appointed Sebastian Stevens as national leader for private equity. Mr Stevens will be tasked with...

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