The ATO is proactively working to help practitioners with smaller clients resolve some of the unique challenges they face with single touch payroll (STP) reporting.
Would a shorter annual report be more useful for shareholders and stakeholders?
Suspect financial transactions are being scrutinised and then stamped out in New Zealand under its money laundering laws. Here’s why Australian accountants need to take notice.
A recent New South Wales case highlights and redefines the very high standard of care expected from auditors, accountants and other professionals when providing services.
Blockchain is forecast to transform many industries by providing fast, verifiable transfer and tracking.
SPONSORED CONTENT: Can you – or your clients – afford to be audited? We find out why it pays to be prepared.
US Navy lieutenant Bill Conway didn't fire a bullet against the Taliban, but with forensic financial analysis and modern accounting practices, he brought the terrorist sect to its knees.
When you hear the terms “start-up” or “entrepreneur” do you think, “That’s not me”? If you’re launching your own public practice, you’re an entrepreneur! Setting up a practice takes planning, commitment and know-how – but also a solid dose of entrepreneurial spirit, as Saurav Wadhwa CPA learned.
A new section in the Code of Ethics for accountants provides a guide on what to do if they come across a client’s non-compliance with laws and regulations (NOCLAR). Ahead of his appearance at WCOA 2018, Dr Stavros Thomadakis talks about how accountants can strike the right balance if they discover their client is acting illegally or against the public interest.
When the business environment is shifting constantly, how do business owners and their accountants apply structure to forward planning so they can adequately plan, budget and forecast?
The accounting profession is well-placed to take advantage of the emerging data analytics revolution but it will require a redesign for many firms, as well as a major change of mindset.
Financial misconduct has been widely exposed after a series of bombshells, causing many to question the ethics of big institutions. Can IR (integrated reporting) restore trust?
Growing every client’s business is the ultimate goal for modern accounting practitioners and their firms. Here are four ways to help you do it.
Public practitioner Peter Knights FCPA finds his accounting skills in high demand in rural Victoria.
The AASB has proposed to call time on special purpose financial reporting in Australia, which will have sweeping implications.
A small number of tax agents will be subject to increased scrutiny by the Australian Taxation Office.
ADVERTORIAL: Are you dealing with inaccurate and out-of-policy expense claims each month? Help your team get on top of their spending with expense software that’s quick and easy to use.
The role of the management accountant has been transformed from number cruncher to a storyteller whose data-driven insights are shaping business decisions.
Despite the volatility of cryptocurrency – and the tax status of the so-called “altcoins” as a digital asset rather than currency – two of the Big Four accounting and audit frms already accept payment in bitcoin. Should you too accept payment in cryptocurrency, or are the risks too great?
Good cash flow is the lifeblood of a business. However, large enterprises and even government departments can be guilty of missing payment deadlines. What’s the most effective way to get debtors to pay up?