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ATO warns accountants they face $500m shortfall
Accountants are likely to bear the brunt of a $500 million red-tape reduction initiative as the tax office streamlines its procedures, according to ATO second commissio...
New software to improve advisory services
Business consulting firm Proactive Accountants Network is relaunching as software company PANALITIX, offering accountants a unique software solution to monitor their clie...
AccountantsDaily to launch Australian Accounting Awards
Top accounting professionals and firms will have the chance to be recognised at a new national awards programme announced today by AccountantsDaily.
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More accounting groups to enter mortgage space
More accounting firms will expand into mortgage broking following the recent announcement that Chan & Naylor will bring brokers under its brand.
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PwC warns accountants on risk complacency
A new report from PwC highlighting the “severe and present danger” of cyber risks is pertinent for accountants, including those in small business.
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Major accounting firm inks deal with mortgage group
A national accounting and wealth advisory group has expanded into finance after signing a joint venture with a mortgage brokerage.
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Accountants key to longevity-risk discussion, says Deloitte
Accountants should leverage the influence they have as the trusted adviser to give their clients a “wake-up call” about their retirement savings, according to Deloitt...
Fully automated audits on the horizon
Auditing of superannuation funds could become an entirely automated process if technology continues to progress at its current rate, according to one accounting technolog...
ATO 'out of step with economic reality' on bitcoin
Taxpayers Australia says the ATO has ignored the economic substance of cryptocurrency transactions when constructing the draft ruling on bitcoin.
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Empowering a leader key to firm success
Professional services firms must empower a leader or leaders to drive business towards success, according to a national financial services and advisory group.
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Accountant faces court over lodging false documents
A Queensland-based accountant has been charged with lodging false documents with ASIC.
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EY chief executive steps down
The chief executive of top four firm EY has announced plans to step down as CEO in December.
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Victorian accountant jailed for illegal investment scheme
A Melbourne-based accountant has been sentenced to five years, eight months in prison on charges brought by ASIC relating to “illegal investment schemes”.
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Tax office targets compliance costs
The ATO has committed to reducing compliance costs for business by progressing several “key strategies” in the coming year.
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CPA slams idea of apolitical tax commission
Accountants back the creation of an independent tax reform commission but CPA Australia has labelled the idea as the “stuff of nonsense”.
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Deloitte names cloud 'pioneer' as new partner
Deloitte Private has appointed a leading cloud accounting expert as a new partner, recruited specifically to grow the firm’s cloud-based service offering.
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Prime Financial takes 20pc stake in Victorian firm
The Prime Financial Group has acquired a 20 per cent stake in a Melbourne-based accounting firm; and is in talks to buy into at least 60 others.
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CPA issues warning on limited licensing
With the accountants' exemption set to end, CPA Australia has said those who don’t act now risk losing the option of a limited licence.
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Q&A: Vicki Stylianou discusses licensing for accountants
Vicki Stylianou, the IPA’s executive general manager, leadership, talks to AccountantsDaily about financial services licensing for accountants.
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Partners warned to plan their exit
RSM Bird Cameron has warned partners in goodwill firms they may find it hard to sell out with a large number of senior accountants expected to retire within five years.
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