Industry leader reiterates the death of compliance A leading industry executive has stated that compliance work “no longer adds value to anyone” and survives only because legislative requirements must be met.
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Regulator disqualifies NSW auditor ASIC has this morning announced it has disqualified an SMSF auditor after finding he failed to meet his independence obligations and that he was not a fit and proper pers...
Bentleys expands regional footprintMid-tier accounting firm Bentleys has announced the launch of a new office, representing a strategic move for the national accounting network.
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ATO steps up SuperStream pushThe ATO has urged employers to act now on SuperStream, claiming the initiative can slash super admin time by up to 70 per cent, and could potentially save them money.
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Nobel Laureate to headline major international conferenceStanford University’s world-renowned Nobel Laureate, Professor Myron Scholes, has been confirmed as a keynote speaker for the upcoming Australasian Finance and Banking ...
Chartered Accountants awarded costsThe high-profile court case between CPA Australia and the New Zealand Institute of Chartered Accountants (NZICA) has concluded, with the institute awarded costs.
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H&R Block rejects ATO automation proposalH&R Block has challenged the ATO’s intentions to further increase automation in tax reporting processes, warning that taxpayers may lose out.
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Family firms facing extinction, EY warnsJust one in five students with a family business background is open to eventually taking control of the family firm, according to a new global report issued by Ernst &...
ATO points to biggest issues with pensions, propertyThe ATO has outlined some critical issues it’s seeing with pensions for SMSFs that hold property, and has urged professionals to assess their clients’ circumstances f...
Melbourne firm joins Moore StephensMoore Stephens has found a Victorian firm to replace its Melbourne office, which last year defected to Chinese giant ShineWing.
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ATO raids 'phoenix' businessesThe tax office has conducted raids on a number of business and residential sites as part of an ongoing investigation into potential fraudulent 'phoenix' activity.
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Saasu, Westpac announce exclusive partnershipCloud-based accounting software provider Saasu has entered into an exclusive partnership with Westpac, describing the alliance as “the future of accounting”.
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Automation is 'not change to fear', says ReckonReckon has dismissed claims automation will doom the accounting profession, instead calling the current environment of change good news for accountants.
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CCH hires former Reckon leaderPete Sanders, former managing director, business group at Reckon has joined Wolters Kluwer CCH to take charge of the company’s CCH iFirm practice management product.
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TPB defends termination processThe Tax Practitioners Board (TPB) has issued a statement defending its processes, following the board's decision to terminate recognition of the Association of Taxation ...
Crowe Horwath owners announce big name recruitsThe Findex Group, which recently acquired accounting firm Crowe Horwarth, has recruited two leading investment figures to the group’s investment committee.
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Latest comments
"Seems these days the go to response for the ATO is deny all claims, remissions and requests and then...