Powered by MOMENTUM MEDIA
accountants daily logo
News
acc new lead image
Former CFO charged with insider trading The previous financial officer of the video production business was found to have inside knowledge when he procured two private companies to purchase shares. ...
Firms need to seize EOFY to restructure their budget  The recommendation comes after OptiPay saw a 20 per cent increase in enquiries from businesses worried they may need additional support. ...
acc image
Small businesses must focus on productivity as recession looms: MYOB Businesses must embrace digitisation and the use of technology along with greater training for staff to address the productivity downturn, says MYOB. ...
acc image
CFOs deal with more than just finances: BDO Those in chief financial officer roles are now expected to drive business decisions and reporting in non-financial areas of operation. ...
acc image
Businesses told to brace for ‘challenging’ FY24  Businesses are facing a tough outlook for the new financial year with insolvencies already at a 10-year high and trading conditions further weakening, CreditorWatch warns...
acc image
FWO catches bubble tea chain underpaying employees almost $90k The chain underpaid 36 workers across nine outlets across Sydney and Canberra. ...
acc image
ATO tells accountants to caution clients of scammers  The Tax Office told agents to make sure their clients know the “warning signs to avoid falling head over heels for a scammer”. ...
acc image
Minimum wage decision ‘could fuel recession risk’ An increase in minimum and award wages is expected to lead to further interest rate rises and increase pressure on small business. ...
acc image
Suncorp forced to back pay staff $32m  The organisation underpaid more than 15,800 employees between May 2014 and March 2022. ...
acc image
Why companies should consider AI hiring  Embracing technology is important for standing out from the competition and streamlining processes. ...
acc image
What to know before denying flexible working requests The highly-anticipated changes that’ll see employees given more power to challenge refusals for flexible work arrangements have officially come into effect. ...
acc image
Grant Thornton reveals 12 partner promotions The internal appointments reflect the positive service provided to its clients, says Grant Thornton. ...
acc image
Cheques out: Cheques to bounce by 2030 The government will phase out cheques from the financial system by 2030 as part of a payment system overhaul. ...
acc image
Rising recession fears dampen SME revenue predictions Four in 10 small businesses say their business is now worse off than before the pandemic despite relatively strong financial performance in May, according to a recent sur...
acc image
Tax professionals to be held to higher SMSF standards  After an almost $180,000 tax shortfall from a chartered accountant and approved SMSF auditor, the ATO has reiterated its higher standards for tax professionals. ...
acc image
Intuit reveals generative AI system across its platforms  The AI will have custom-trained financial language models specialising in solving, tax, accounting, cash flow and personal finance challenges. ...
acc image
TPB bans agent for 3 years over ‘serious misconduct’ The board found false and misleading statements of experience as well as failure to meet taxation requirements in personal affairs. ...
acc image
ATO tells small businesses to come clean Those with overdue tax returns or business activity statements have until 31 December to come clean as part of the Tax Office’s amnesty. ...
acc image
Ethics board declares PwC tax case a ‘breach of standards’ A director of the independent standard setting board who works for PwC has denied any involvement in the matter. ...
acc image
RBA surprises businesses with cash rate rise, ‘risks recession’ Stagnant high inflation and growing wages mean further increases are on the horizon according to the board. ...
acc image