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Accounting, finance professionals the next CEOs: CPA Australia
Problem-solving skills will be in high demand while employees will swap the career ladder for a job lattice.
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RBA tightens reins on runaway Christmas spending
With retailers expecting sales to increase by $2 billion this year, the rate increase aims to prevent a splurge.
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Adding a service ‘multiplies the value of a practice’
Firms with other specialist services, such as insurance or financial planning, have a raft of advantages if they get it right, says consultant.
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RBA announces last rate decision for the year
The Reserve Bank has revealed its cash rate decision for December with inflation still yet to peak according to economists.
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Aussie firm aims accounting software at fast growing SMEs
Cibis says its latest accounting software, Xpect, will be a feasible option for businesses that cannot justify a global ERP system.
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Anti-money laundering operation blocks $1.8m, arrests 21 mules
An AFP taskforce tackles attempts to clean up the proceeds of crime as part of global campaign.
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Beware of fake puppies and other holiday scams
Fraudsters are hard at work trying to con you over Christmas, says the Assistant Treasurer.
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Mining company sues Grant Thornton for $58m
Quantum Graphite says the accounting firm was responsible for a 14-month trading halt on its securities.
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ATO targets dodgy deductions for holiday homes
Thousands of dollars in claims “that would fail the pub test” contribute to $1.6bn tax shortfall, assistant commissioner says.
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Perth cafe issued with more than $190k in penalties
The Fair Work Ombudsman found the operators deliberately falsified wage records.
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RSM Australia promotes 9 new principals
The firm says human capital is at a premium and will remain an “ongoing challenge”.
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Sydney Uni revamps accounting program to include AI
‘Gradual decline’ in enrolment prompts rethink of course components.
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Beware of buy now pay later Christmas debt trap: CA ANZ
With the payment model increasing in popularity, the association warns debt will catch up with many in the new year.
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ASIC reveals focus areas for end-of-calendar-year reporting
Asset values, provisions, and disclosures are areas singled out for particular attention.
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Ignition feature enables on-the-fly changes to scope of work
Adjusting agreements to reflect increased service levels could save the average practice more than $100,000 a year.
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Reduce barriers for women, migrants ‘to stem labour shortage’
More accessible childcare and improved migration schemes are critical to greater workforce involvement, say accounting bodies.
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AAT president resigns after 8 months
Coalition appointee will continue to serve as a judge on the Federal Court basis.
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Small businesses brace for summertime blues
The sector is worried about how the rising cost of living will impact their holiday season sales, research finds.
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Grant Thornton appoints additional Perth partner
The experienced adviser was promoted after over 20 years in the industry.
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Tax & Super Australia rebrands to reflect broader base
The 103-year-old not-for-profit organisation says membership now takes in a wide range of finance professionals.
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