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Accountants must question non-financials to improve risk management
As trusted advisers to SMEs, accountants need to discuss with their clients the impact non-financial metrics can have on their firm’s development.
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CPA Australia CEO quits to pursue career in Europe
Andrew Hunter to leave next year after five years running the body in the wake of the Alex Malley affair.
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Healthcare provider underpaid staff $4.86 million
The charitable organisation run by St John Ambulance Western Australia underpaid 446 current and former employees between 2013 to 2021.
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Over 80% of SME owners have made costly mistakes: Xero
Small business owners admitted to pivotal errors they made when starting and what they wish they did differently, including working with an accountant.
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Fintech partners with rideshare platform for gig economy tax services
The collaboration comes as the ATO pursues approximately 10,000 taxi and rideshare drivers for a debt of $40 million.
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ASIC bans 2 directors for 6 failed companies, $3m in debts
Regulator finds range of misbehaviour from lack of tax lodgment to trading while insolvent.
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Grant Thornton appoints 3 industry leaders
The selections support its ambition to seek out diverse perspectives that challenge when necessary to deliver progress in each business, said the firm.
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CA ANZ appoints board director with a focus on professional standards
The non-executive director at NAB, SBS, and the NSW Cancer Council said he will be committed to member services.
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Big 4 operate ‘beyond the law’ as ‘pseudo corporations’
Self-regulation of the industry has failed, Professor Brendan Lyon tells senate inquiry, because CA ANZ has ‘little incentive to police its largest firms’.
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First Australian appointed president of DFK International
The Perth managing partner takes over the role with three decades of industry experience.
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Change of RBA governor a cause for optimism
Reaction to Ms Bullock’s appointment has been widely positive as businesses look for stable monetary policy to combat the inflation challenge.
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Business leaders must focus on more than one risk: BDO
With a growing amount of risks that are intersecting and amplifying one another, companies must embrace a “risk multiplier mindset”, says the firm.
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Bakers Delight franchisor faces court over alleged $1.25m underpayment
The Fair Work Ombudsman alleges 142 staff were underpaid across three outlets between July 2017 and October 2020.
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Plethora of streaming services confront subscription fatigue
As writers and actors’ strikes hits film and TV productions, survey finds budgets for Netflix and its rivals are stretched to the limit.
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ACCC publishes draft guidance to reduce greenwashing
The advice comes after the commission found almost 60 per cent of businesses are making potentially misleading environmental claims.
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Businesses must be aware of employee share scheme obligations
Firms that use the strategy as a tool to attract or retain staff during the skill shortage have been cautioned to meet the administrative commitments that come with it.
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Tech consultancy expands with UK appointment
Sydney start-up Journey takes the first step in its ambition to go global with a director for Europe, the Middle East and Africa.
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CFS settles super fees class action for $100m
The mediation agreement will return funds to members charged ongoing fees for advice they did not receive.
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BGL appoints executive team
The selections will help drive the firm’s strategic growth and innovation, says BGL.
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‘I came here thinking success would come quickly’
It has taken 20 years but this year’s winner of the top Australian Accounting Award, Natalia Clack, shows hard work and perseverance can pay off against the odds.
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