couple seeking a financial advice from an accountant
Regulation

Clients compromised amid education reforms for accountants

Australians seeking financial advice from their accountant may soon have nowhere to go, as the unfolding education...
23 October 2018

more from tag

asic  royal commission
Regulation

ASIC cops it as royal commission report released

The royal commission’s scathing interim report prompted the federal treasurer Josh Frydenberg to slam ASIC’s weak...
28 September 2018
australian subscribers  growth  arrow up
Business

Intuit credits mobile focus for 160k subscribers milestone

Accounting software provider Intuit has announced a 55 per cent growth in Australian subscribers for FY18, following...
28 September 2018 • By Jotham Lian
watch out  cctv camera  self incrimination  cautious  legal traps  audit activity  ato
Business

Watch for self-incrimination when backing clients, says ex-Tax Institute boss

With the ATO increasing its audit activity in light of its focus on work-related deductions, accountants should be...
28 September 2018
parliament house  government  ato
Tax

Government calls on tax agents called to speak about ATO

Tax agents have been invited to provide feedback on the ATO’s performance as a parliamentary committee’s review draws...
27 September 2018 • By Billie Andrada
nicholas wong   thomson reuters  director of product management anz
Technology

Accountants hold tight to Excel, but tech boss questions its place

Accounting firms and finance teams still heavily relying on Excel spreadsheets have been cautioned that they may be...
26 September 2018
tax scam  tax agent  fraud
Tax

Registered agents impersonated in tax scam

The ATO has warned of increasing reports of a new tax scam involving fraudsters impersonating registered tax agents.
25 September 2018
china  chinese flag  kpmg  global alliance
Business

KPMG partners with Chinese powerhouse

KPMG has announced a global alliance with China’s largest online commerce company as it looks to provide a platform...
24 September 2018
cash  exporting  sme clients
Business

$20m boost for SME clients looking to exporting

Accountants with SME clients looking for export opportunities have been given a leg up with the launch of a...
21 September 2018 • By Jayne Cruz
colin walker  ato
Business

Tax experts highlight data disruption

The tax profession has been commended for its adaptive approach in the past but has been urged to be prepared for a...
18 September 2018
asic  penalties
Business

Serious penalties for missing ASIC’s business activity metrics deadline

Organisations and individuals covered under ASIC’s industry funding arrangement have been reminded to submit their...
17 September 2018
speed up  royal commission
Business

Individuals speed up returns, royal commission drives early rush

Individual lodgement numbers are ahead of where they were last year, and some tax professionals believe the royal...
14 September 2018
business payment  australia dollar  money  cash
Business

Review of small business payment time underway

Accountants and advisers have been urged to provide feedback on the Business Council of Australia’s supplier payment...
11 September 2018
scam  tax agents  fraud
Business

Tax agents used in new scam

Fraudsters are impersonating both the ATO and tax agents in an attempt to scam funds from taxpayers.
07 September 2018
nab  lending  accountants
Business

NAB earmarks accountants as lending squeeze sets in

Together with an alternative lender, NAB shared insights into navigating the tougher lending market, highlighting how...
07 September 2018
bdo national tax director lance cunningham
Business

ABN shake-up meets backlash from accounting, tax profession

Voices in the accounting profession are pushing back on the government’s proposal to introduce an ABN registration and...
04 September 2018
unfair contract terms, ACCC
Business

ACCC backs bigger changes to laws for unfair contract terms

The Australian Consumer and Competition Commission (ACCC) is pushing for unfair contract term laws to be strengthened...
03 September 2018
asic  liquidator
Business

Liquidator in hot water with ASIC

ASIC has accepted a court enforceable undertaking from a Brisbane-based registered liquidator after a Full Federal...
31 August 2018