Business

Accountants need not join financial planners education arms race, Treasury told

The accounting profession does not have to follow in the footsteps of the financial services industry and raise...

17 September 2019

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Regulation

ATO diversification letters a ‘wake-up call’

The ATO’s latest focus on diversification is a “wake-up call” for funds to consider all relevant investment risks,...

13 September 2019

Tax

Over 10% rise in dodgy tax agent tip-offs

More than 200 tip-offs about potentially dodgy behaviour on the part of accountants and other tax agents were reported...

12 September 2019

Business

Be wise, not clever: ATO fires shots at big four

Large market tax firms such as the big four have been cautioned against operating like boutique firms and coming up...

12 September 2019

Business

AAT knocks back senior CPA’s application to stay termination decision

An application by a Sydney tax agent to stay a decision to terminate his tax agent registration has been denied by the...

11 September 2019

Business

Technological change: disrupter or enabler?

Promoted by Thomson Reuters. Interview discussion with Peter Antonius, Managing Director at The Hive Advisory and...

10 September 2019 • By Thomson Reuters

Business

‘We don’t want businesses to fail’: ATO looks to equip practitioners with more...

The ATO will aim to give accountants and bookkeepers better data insights, such as in-depth benchmarking data, to...

10 September 2019

Business

Refund-pocketing tax agent sentenced to 12 months in jail

A Sydney tax agent will face 12 months in jail after being convicted of lodging fraudulent income tax returns on...

09 September 2019

Business

7 company failures and $1.3m in tax debts see director banned for maximum period

A Sydney director, whose seven companies owed the ATO at least $1.3 million, has now been banned by the corporate...

09 September 2019

Regulation

CPA president extends tenure

CPA Australia president Peter Wilson will extend his term on the board of directors for a further three years after...

09 September 2019

Regulation

Industry questions ATO diversification focus

The ATO’s focus on undiversified funds in its current review is unjustified, given many SMSFs have legitimate reasons...

09 September 2019 • By Sarah Kendell

Business

‘Don’t let the naysayers kill good ideas’: ATO’s plea to practitioners

Tax practitioners have been urged to speak up against the “noisy minority” who gets in the way of positive changes to...

06 September 2019

Business

Small business clients urged to get on the ‘technology bus’

Small businesses, including accounting practices, will fall behind on service quality and profitability if they fail...

06 September 2019

Business

‘Accommodate the profession’: Assistant Treasurer sends warning to the ATO

The Assistant Treasurer has sent a strong message to the Tax Office to be more accommodating with the accounting...

05 September 2019

Business

Regulator relationships key to building ‘competitive moat’

Businesses will need to develop a strategy to interact with regulators, including the ATO, to help it build a...

04 September 2019

Appointments

BDO appoints new advisory partner

A former mid-tier partner has now joined BDO as a new advisory partner specialising in corporate finance and...

04 September 2019

Business

‘We are in the age of the regulator’

Implementing regulatory reform is on top of the agenda for almost all professionals in the governance space, according...

04 September 2019 • By Jerome Doraisamy

Business

Banks approving 94% of business loans, says ABA

The majority of businesses are shying away from seeking finance despite the Australian Banking Association claiming...

03 September 2019 • By Jotham Lian