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Tax

warning
Tax

ASIC homes in on accountants' SOAs

Licensed accountants have been warned that ASIC is closely analysing whether the statement of advice templates and...
06 July 2017 • By Miranda Brownlee

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tax
Tax

Tax Institute labels $20K tax break ‘confusing’

While supporting the extension of the $20,000 instant asset write-off, the Tax Institute has warned small businesses...
03 July 2017 • By Lara Bullock
inappropriate treatment  financial reports  explanation  asic
Tax

ASIC finds inappropriate accounting treatments in financial reports

One quarter of the entities whose 31 December 2016 financial reports were reviewed by ASIC resulted in enquiries...
30 June 2017 • By Lara Bullock
carrying documents  asic funding model an  lsquo unnecessary burden rsquo  on liquidators
Tax

ASIC funding model an ‘unnecessary burden’ on liquidators

The new ASIC industry funding model, which is due to commence on 1 July, includes a levy for registered liquidators,...
30 June 2017 • By Lara Bullock
payment
Tax

Voluntary code introduced in interim of payment time legislation

Amid recent calls for payment times to small businesses to be legislated, a big four firm and two accounting software...
30 June 2017 • By Lara Bullock
asic rsquo s review into audit firms finds  lsquo disappointing rsquo  trends
Tax

ASIC’s review into audit firms finds ‘disappointing’ trends

ASIC has released the findings of its review into audit firms which found that auditors are failing to find sufficient...
29 June 2017 • By Lara Bullock
smes shun accountants this tax time  research finds
Tax

MYOB finds shift away from accountants this tax time

There has been a significant increase in the number of SMEs planning to complete their year-end tax preparation...
29 June 2017 • By Lara Bullock
fraud control
Tax

IGT commences review into ATO’s fraud control

The Inspector-General of Taxation has commenced a review into the ATO’s fraud control management, which one...
28 June 2017 • By Lara Bullock