Accounting

A plan to limit deductions for tax advice to A$3000 a year is running into some opposition.

Tax advice cap: limiting deductibility when taxpayers most need it


Before taking steps to fix audit quality, it needs to be reliably and consistently measured, in a comparable manner.

Audit quality: is it time for a different approach?


A robot is demonstrated during the Japan Robot Week 2018. Data analytics and technologies such as the cloud and artificial intelligence (AI) are creating new or improved roles.

Technology, talent lead 2019 trends for accountants in the Asia-Pacific


Slavery and bribery are likely to be top of the agenda for financial regulators in 2019. Here's a look at the landscape for regulations in the Asia-Pacific.

The regulations you face in 2019: Asia-Pacific snapshot


Professional scepticism is defined in Australian auditing standards as “an attitude that includes a questioning mind, being alert to conditions which may indicate possible misstatement due to error or fraud, and a critical assessment of audit evidence”.

Why professional scepticism is a crucial weapon in an auditor's armoury


Joyce Routledge (left) and Cherie Bush (right) from iBase, which offers a different approach to Indigenous accounting.

A new way forward for Indigenous accounting


尽管区块链通常被视为一种单一的技术,但其实它还可以细分为:公共区块链和私有区块链。

私有区块链和公共区块链有何区别?


The ATO identified incorrectly-claimed work-related expenses as the chief cause of the tax gap found in a July 2018 report.

ATO reports tax agents over work-related expenses


Droughts in Australia have plunged numerous farming families into financial crisis, prompting their accountants to help them navigate myriad drought assistance packages.

The big dry: How accountants are helping drought-stricken clients


The most important step for accounting practitioners is to be able to provide the professional indemnity insurer with a very detailed roadmap of the type of business they operate and its exposure to risk.

Practitioners grapple with skyrocketing PI costs


TPB has been working closely with the ATO to examine data which shows about 5 per cent of tax practitioners have late lodgments with the ATO.

Late lodgments with the ATO: Time ticks down to pay the piper


Will Ferrell stars in the 2006 Sony Pictures release, "Stranger Than Fiction". Credit: Mary Evans Picture Library

Quiz: 15 accountants on the screen


CIA State Representatives 1922

7 inspiring accountants who dared to go beyond the books


It’s not often that a regulator enjoys unambiguous support from the sector it oversees, but the ACNC’s light-touch approach has struck a chord with a sector that has struggled for decades with unnecessary and excessive regulatory burden.

ACNC review calls for national scheme for charity sector


If the stigma around bankruptcy diminishes, rogue bankrupts could become less concerned about the consequences and creditors could suffer greater losses.

Bankruptcy exclusion period: will dropping it to one year really improve economic growth?


Business owners are spoiled for choice when it comes to online accounting software. Here's a look at the key global and Australian players.

The latest in online accounting software in Australia


Podcasts can allow an accounting firm to showcase its expertise.

Should your accounting firm have a podcast?


There are many repetitive tasks that AI could perform, and which accountants would not regret losing because it would make their jobs more creative and interesting.

AI in accounting: moving beyond compliance


56 per cent of SMPs have difficulty attracting next-generation talent, with 66 per cent of these firms citing a lack of candidates with the right skills as the main challenge they face.

Technology, talent and advisory: findings from the 2018 IFAC Global SMP Survey


Don’t be fooled into thinking people are data-driven – they’re just fishing for data to support the decision they have already made.

How behavioural economics can transform accountant/client relationships


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