Accounting

Recent controversy over pursuit of whistleblowers in the public sector, has put the spotlight back on public sector reform.

Australia has new whistleblowing laws. Now for the governance.


Much of the current concern for independent auditing has been driven by events in the UK after a series of business failures.

Seeing audit quality in Australia in a new light


3 ways to reduce the risk of payroll fraud


The spotlight on underpayment has prompted many organisations to perform audits, which often reveal payroll errors that can add up to a significant underpayment bill across a large workforce.

7 mistakes that lead to staff underpayments


Professor Prabhu Sivabalan believes it might be time to rethink the budgeting process.

New thinking for budgeting forecasts


Under the new laws, a tax whistleblower has many contact points within and external to an organisation to make disclosures.

What the new tax whistleblower laws mean for disclosure


Accountants who can embrace new technology, artificial intelligence and blockchain will be well ahead of the game. Illustration: Michael Killalea.

Accounting's brave new blockchain frontier


INTHEBLACK

How accountants can implement a data analytics program


Shelley Banton realised that to take advantage of the kind of technology now streaming into the marketplace, she had to have a bigger firm behind her. Image: Anthony Geernaert.

Harnessing technology for better outcomes for auditor and client


Should you outsource payroll?


The use of big data – and the transformation of accountants from number crunchers to human-centric evaluators of costs and benefits – has made a difference at NSW Health.

Beyond numbers: human-centric accounting


Perhaps you’re a mid or later-career accountant who would like to work in the arts? The trick in this situation is to be as well rounded as possible. Illustration: Jacqui Triggs.

Getting creative - accounting careers in the arts


In 2016, Kaveen Bachoo felt it was time to give back to the community and the country that had provided such opportunities.

Kaveen Bachoo CPA was the first professional accountant on the board of Hepatitis Queensland


Accounting for the robots


For NFP entities with June year-ends, the new requirements and temporary exemption for peppercorn leases will first apply for the year to 30 June 2020.

Peppercorn leases: the lowdown on AASB 16 and AASB 1058


With a large number of accounting firms already contending with increased registration, compliance and operational costs, the prospect of even further increases in running expenses could force some practices out of the market or into mergers.

The rising cost of running an accounting practice


The compensation scheme, intended to assist consumers who suffer loss from financial services entities, is yet to be established – is it a good idea?

Does the finance industry need a compensation scheme of last resort?


Single Touch Payroll is a great opportunity for streamlining payroll and reporting processes.

STP: pay day's digital revolution


Forensic accountants assist in investigations across numerous cases, including money laundering, proceeds of crime, fraud and  embezzlement. Illustration: Michael Killalea.

True detective: your career in forensic accounting


The new whistleblowing legislation provides for practitioners and others to remain anonymous when reporting alleged misconduct.

Protections for whistleblowing set to be strengthened: what this means for accountants


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