Appointments

BDO bolsters advisory and audit with two partner-level recruits

A former KPMG US director plus a former Grant Thornton director bring extensive experience to the firm.

15 February 2023 • By Josh Needs

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Business

Insolvency must accept overlap of small business, personal finance

Reform essential in the wake of the current review, says Bruce Billson of ASBFEO.

14 February 2023 • By Philip King

Regulation

TPB bans two tax agents for over $1.5m in unpaid debts

The board terminated their credentials and prohibited them from being re-registered for up to three years.

14 February 2023 • By Josh Needs

Technology

Futrli sees prediction tech as driver of advisory services

The Sage-owned prediction modelling software provider believes prediction technology is the perfect catalyst for new...

13 February 2023 • By James Mitchell

Appointments

KordaMentha recruits four forensic specialists

The firm says demand for independent anti-money laundering and financial crime experts is soaring.

13 February 2023 • By Josh Needs

Regulation

Final QAR report ‘fails to address’ limited AFSL issue

The advice landscape will look little different if the recommendations are adopted, critics say.

13 February 2023 • By Miranda Brownlee

Business

Wield carrot and stick on payment times: ASBFEO

The reporting regime has failed to alter performance so there needs to be an easy way to monitor good and bad behaviour.

13 February 2023 • By Philip King

Business

Personal insolvencies to spike in face of rising rates, CPI

Confronted with “significant financial stress”, more individuals will find themselves in bankruptcy says AFSA.

13 February 2023 • By Philip King

Regulation

Unregistered tax agent gets 10 days in jail, $80,000 fine

The Federal Court has found him guilty of contravening the Tax Agent Services Act 2009 and contempt of court.

10 February 2023 • By Josh Needs

Business

Reporting regime has failed to halt ‘shabby’ payment conduct

Four out of 10 issues raised by small business concern “shabby” payment behaviour by the big end of town, says...

10 February 2023 • By Philip King

Regulation

RBA revises up inflation number in February forecast

Inflation will now not fall into its target range until 2025, according to the RBA’s monetary policy statement.

10 February 2023 • By Josh Needs

Regulation

FWO acts against Melbourne Uni over alleged $150,000 underpayment

The Ombudsman claims the university paid staff using benchmarks instead of actual hours worked.

10 February 2023 • By Josh Needs

Tax

What the Guardian case tells us about following advice

The court’s view differs from the approach of the ATO in its s100A ruling.

10 February 2023 • By Andrew Gardiner

Regulation

Employsure to pay $3m fine for misleading ads after ACCC appeal

Court raises fine on human resources supplier for falsely representing that it had government approval.

10 February 2023 • By Philip King and Keeli Cambourne

Super

SuperConcepts reveals key initiatives for 2023

The SMSF services provider will add a range of features to its SuperMate software this year, including property...

10 February 2023 • By Miranda Brownlee

Tax

ATO turns up the heat on holiday home deductions

Accountants must ask all the right questions about what clients really do with their summer houses.

10 February 2023 • By Josh Needs

Technology

Why your multinational band must all play in tune

An efficiency dividend awaits groups that invest in automated intercompany financial management.

10 February 2023 • By Claudia Pirko

Appointments

FYI appoints experienced IT professional to C-suite

The chief operating officer of Frisk moves to oversee operations at the document management and process automation firm.

10 February 2023 • By Josh Needs