Blockchain is tipped as a technology game-changer, set to transform accounting, audit and banking. But how does it work?
INTHEBLACK marks International Accounting Day with a tribute to some of the outstanding people who since European colonisation have used their accountancy skills in building the nation – from the creator of Australia’s wool industry through to pioneering women and educators, and the brave man who gave the country its first “horror” budget.
Succession planning in family firms can be challenging but one small accounting practice in Canberra has managed to get the process right.
Being offered executorship by a client is an honour but sometimes it is in an accountant’s best interests to maintain some distance.
On 1 January 2019 the financial planning sector will see a new professional standards framework come into force. But what does it mean for professional accountants who offer or are thinking about offering financial planning advice to their clients?
Foreign jurisdictions are reaping rewards from making financial reporting data free. In Australia, everyone pays but at the end of the day, no one gains.
Significant reforms to corporate and personal insolvency laws have divided opinion on safe harbour in Australia.
For decades, accountants have typically charged clients by the hour. Is the billable hour an effective measure of performance and does it represent value for accounting clients?
Considering automating expense management at your company? Here are some of the benefits Inspirations Paint is experiencing, now that staff use webexpenses.
Australia’s accounting firms are confident about the future and they’re looking to expand their services.