When blockchain represents a perfect record of ownership and a near-frictionless method of value transfer, what role does the accountant play?
Determined, smart women fought a successful battle to be recognised as accounting professionals. In time for International Women’s Day, we take a look back at some notable female accountants and their fight for recognition in Australia.
New requirements in the Code of Ethics mean that accountants may, in some instances, have to report client non-compliance with laws and regulations (NOCLAR).
IFRS 16, the new accounting standard on leases (AASB 16 Leases in Australia), will bring trillions onto balance sheets globally but putting it into practice has thrown up some complexities.
Will automating routine tasks usually performed by entry-level accountants undermine their basic accounting skills?
There are just 38 Indigenous accountants with a professional accounting designation in the whole of Australia. What can be done to attract more Indigenous youth to join the profession?
SPONSORED CONTENT: Recent research suggests that employee expense fraud is far more common than you think. With 42 per cent of surveyed Australians admitting to fraudulent mileage claims, chances are your business has already been a victim.
Practitioners need to be on guard against clients whose actions or intentions may contravene the Fair Work Act. There are four questions in particular that should give you pause.
Booming housing prices and longer life expectancies are fuelling “inheritance impatience” and leading to elder financial abuse, so accountants need to be on the alert for these problems.
Litigation over tax office decisions has almost halved in the past three years and there is a message in that for accountants and their clients: talk to the ATO first.
The courts have fined a second accounting firm over involvement in a client’s breach of workplace laws.
A memorandum of understanding between the World Bank and the IFRS Foundation is yet another step on a journey towards the global harmonisation of financial reporting standards.
Finance professionals will be extra busy this year, as a swathe of new accounting standards come into force. Accountants need business acumen, data analytics and leadership skills to provide strategic advice. Competition for the smartest people in the room is tougher than ever.
Three accountants who are experts in diverse areas of public practice list the three most common questions their clients ask and explain how they respond to them.
Referring clients to an appropriate financial planner can benefit all parties, but it is imperative that public practitioners apply due diligence to the process.
Not every client is a good client, and the consequences of working with them could be severe.
An accounting background leads many into unexpected careers, inspiring some to fight injustice and others to find new ways to serve their communities. In this eBook we profile 11 accountants who make a difference. Download now.
This INTHEBLACK eBook is the definitive resource for small business owners and accountants who want to understand the options in online accounting software. Includes reviews of Xero, Sage One, MYOB Essentials and more.
Three recruitment experts pinpoint the top accountancy and finance skill sets employers need most in 2018 – and they say that professionals who are strong in IT are in hot demand.
Two US academics caused a stir in 2016 when they published The End of Accounting and the Path Forward for Investors and Managers, a book arguing that financial statements are no longer useful for investors. Australian researchers have tested the theory and the results are surprising.