After the most turbulent year in recent history, a bushfire crisis and COVID-19 have complicated tax claims this financial year. Accountants can expect the unexpected.
The changing requirements for reporting directors’ fees have intersected with COVID-19 economic stimulus measures, activity statement reporting and Services Australia increasing potential compliance risks. Several issues have arisen which demand attention.
Sarah Lawrance CPA credits leaning into challenges and having close relationships with clients to not just surviving, but thriving through difficult times.
Support for Australia's tech sector will help it evolve to respond to new challenges.
Sustaining the unsustainable is now an inflection point for an economy hell-bent on saving jobs.
The way we work – and where we work from – has changed. Does this mean office design will change as well? Three experts weight in.
Amid the Parliamentary Joint Committee's ongoing inquiry into the regulation of auditing, there are lessons to be learned from the Brydon Review.
Stephannie Jonovska FCPA and Dionne Jones CPA of BlueScope Australian Steel Products are making use of every possible opportunity to upskill. The goal: a transformation of the company’s finance function, and the hope of emerging from the pandemic better than ever before.
Drastic times have called for drastic measures in terms of access to superannuation. At the heart of it all is the repeated question: what is the purpose of super, and how will that change in the future?
The business landscape has undergone irrevocable change recently, but there are plenty of lessons we can learn from previous global shocks - and those businesses that thrived regardless.
Shane Fitzsimmons is one of Australia's most respected fire chiefs. He led New South Wales through the worst fire season in its history, and now he has been tasked with developing strategies to address widescale disasters as the commissioner of Resilience NSW.
Experts warn that the additional relief provided to directors grappling with unprecedented business conditions could have unintended consequences.
There are still bumps in the road, but the transition to battery-powered vehicles is gaining speed.
Creating trust among stakeholders, both internally and externally, remains a key challenge for companies around the world.
Industry experts make the case for a reform of Australia's research and development tax incentives as the next step in preventing an exodus of local innovators to offshore technology hubs.
We are in the era of the business pivot, with companies big and small making dramatic changes on the fly. Some pivots have ensured survival in the short term. Others are set to become part of our next normal.
IFRS 16 is finally in its implementation phase. Are you ready for the wholesale implications of the new reporting requirements?
During crises past, economists have had mixed results with using data to predict the future. This time around, their chance of success is greater than ever before.
For many of us, one of the key lessons from the past few months has been a new appreciation of time.
How much does a senior manager need to know about what their team is doing?
How to protect the new, expanded business "perimeter".
The VLOOKUP function is heading for early retirement after decades of service. See how its replacement offers more options and flexibility.
Once a year, Jit Cheng Lim CPA checks out of the office and dons a scuba suit to survey the beautiful reefs of his country.
The Australian government today unveiled its Economic and Fiscal Outlook, setting out how COVID-19 has impacted the Australian economy and the nation’s finances. In short, it paints a sobering picture of the state of the Australian and global economies.
COVID-19 economic stimulus measures provided many businesses with much-needed support. However, accountants may come across clients who have rearranged their affairs in concerning ways to get access to these measures. Here are options for CPAs who encounter these situations and the protections afforded by the tax whistleblower laws introduced last year.
From a client’s perspective, CPAs are the antidote to complex – and occasionally overwhelming – financial stress. This year, with the coronavirus pandemic and growing global uncertainty, the job is more difficult than ever. When it comes to severe stress, who helps the accountants?
COVID-19 has impacted upon the lives and businesses of all Australians. With tax time upon us, the ATO continues its focus on rental property and work-related deductions while taking a sympathetic approach to struggling taxpayers.
The online world is full of nastiness, narcissism and the misinformed. With so much at stake, it is important that you – and your business – control your brand message with a steady hand.
Mounting evidence suggests virtual clutter is as problematic as the physical variety. Here’s what you can do to reduce the problem, according to experts.
Your next car could offer features you’ve only ever seen on the big screen. Here's why today’s car is more independent than ever