Business

Finalists unveiled for Australian Accounting Awards 2024

Almost 300 finalists are set to battle it out for the trophies at this year’s prestigious awards.

17 June 2024 • By Christine Chen

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Business

A looming crisis: the role of accountants in supporting Australia’s aging...

An ageing population offers accountants the opportunity to position themselves as trusted advisers in the retirement...

14 June 2024 • By Michael Jeffries, LightYear Group

Appointments

Grant Thornton promotes 4 to partner

The mid-year promotions take the firm’s partner count to 175, with 10 coming in the past year.

14 June 2024 • By Christine Chen

Business

William Buck to open doors in Canberra, eyeing government clients

The mid-tier firm will acquire accounting boutique Link Capital Partners effective 1 July.

14 June 2024 • By Christine Chen

Regulation

Yearly grilling of accounting bodies needed, inquiry says

The inquiry’s final report calls for CA ANZ, CPA Australia and IPA to report annually to Parliament to ensure...

14 June 2024 • By Christine Chen

Profiles

Aidan Smith – A Scottish auditor (with a fling for jokes)

Aidan is a highly experienced partner focused on providing audit, advisory and accounting services, specialising in...

13 June 2024 • By HLB Mann Judd

Regulation

Greens push for 5-year ban on government work for PwC

The Greens party have called for PwC to be restricted from tendering for government work for five years in the final...

13 June 2024 • By Christine Chen

Business

Service-based small businesses lead productivity decline: Xero

A report has found wholesale trade was the most productive industry last year, while hospitality performed the worst.

13 June 2024 • By Christine Chen

Appointments

Mid-market M&A whiz joins Forvis Mazars as partner

The firm says the appointment will meet growing client demand after the launch of Forvis and Mazars’ merger earlier...

13 June 2024 • By Christine Chen

Tax

Hotelier’s $11m tax fight fails as court confirms ‘all or nothing’ stance

A taxpayer who claimed he had no taxable income because he was self-funded has had his appeal dismissed by the Federal...

13 June 2024 • By Christine Chen

Business

SME Bootcamp returns in 2024

Registrations have opened for the SME Bootcamp – a free summit that could transform the way accountants and brokers...

13 June 2024 • By Miranda Brownlee

Business

PwC inquiry calls for major review into large partnerships

The committee has delivered its final report for the consulting firm inquiry, calling for a review of partnership...

12 June 2024 • By Miranda Brownlee

Business

Small businesses ‘overwhelmed’ by EOFY tax compliance, survey finds

Misplacing important documents and receipts and forgetting to claim deductions are the most common problems, Xero says.

12 June 2024 • By Christine Chen

Tax

Landlords who ‘double dip’, fudge deductions in ATO crosshairs

The Tax Office has warned taxpayers to revise deduction rules and maintain proper records.

12 June 2024 • By Christine Chen

Tax

City Beach founders win tax battle with ATO over $52m restructure

A selective capital reduction to extinguish Division 7A loans that raised the Tax Office's eyebrows was not a “sham”,...

12 June 2024 • By Christine Chen

Regulation

CA ANZ course accreditation renewed by education body

The accreditation with TEQSA allows it to award the chartered accounting graduate diploma and offer FEE-HELP loans to...

12 June 2024 • By Christine Chen

Tax

Bendel appeal could affect Section 100A approach, says ATO

A decision by the Full Federal Court that ends up being unfavourable to the ATO for the Bendel appeal could have...

11 June 2024 • By Miranda Brownlee

Super

LRBAs under fire as super legislation debate continues

The introduction of the $3 million super tax has sparked a fresh debate about limited recourse borrowing arrangements,...

11 June 2024 • By Keeli Cambourne