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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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Politics obstructing GST reform
The Institute of Chartered Accountants (ICAA) and the Institute of Public Accountants (IPA) have both claimed political factors are blocking much needed tax reforms.
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Large firms looking for critical mass
There is a “significant transition occurring” in the Australian accounting industry, with the number of sole practitioner firms set to plunge, says Hayes Knight joint...
Australia's tax system is in disarray: EY
EY chief executive Rob McLeod has called for an "apolitical" Tax Reform Commission to fix Australia’s tax system.
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SuperStream delay causes ATO concern
The ATO has warned of “potential non-compliance issues” in the SMSF sector following the announcement of a delay in the SuperStream start date.
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ASIC suspends auditor for five years
ASIC has accepted an enforceable undertaking (EU) from the former Banksia lead auditor, suspending him until 2019.
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