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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
Tax
ASIC funding model an ‘unnecessary burden’ on liquidators
30 June 2017 • By Lara Bullock
Tax
Voluntary code introduced in interim of payment time legislation
30 June 2017 • By Lara Bullock
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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
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
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
Tax
Liquidator relinquishes registration following investigation
A Victorian liquidator submitted an enforceable undertaking resulting in the cancellation of his registration by ASIC,...
28 June 2017 • By Lara Bullock
Tax
Board of Taxation welcomes CA as new member
The Board of Taxation has appointed a barrister who specialises in taxation as a part-time member, commencing on 1 July.
27 June 2017 • By Lara Bullock
Tax
Mid-tier reminds on budget announcements impacting tax time
One mid-tier accounting firm has reminded accountants and their property investor clients on measures introduced in...
27 June 2017 • By Lara Bullock
Tax
Accountant receives prison sentence for tax fraud
A Perth-based accountant has been sentenced to eight years’ imprisonment for obtaining more than $2 million through...
26 June 2017 • By Lara Bullock