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Assuming last is required, the following 3595 results were found.

  1. How APS helped Bentleys SA reap the rewards of data

    – and in particular, the increasing role that data will play. “Technology has changed the landscape immensely over the last few years. I remember first using paper ledger books, then going to Excel spreadsheets, and then going through on-premise...

  2. Financial advice regulation to undergo reforms following TPB review

    of the Tax Practitioners Board. The independent review of the TPB, chaired by Keith James, was released by the government last week, including wide-ranging recommendations aimed at ensuring a fit-for-purpose regulatory regime for the tax profession....

  3. Tax, BAS agent education standards set for overhaul following landmark review

    with a number of accounting bodies hitting out at the proposal when it was first floated in a discussion paper released last year. The government has adopted a neutral position on the final recommendation, noting that it will instead undertake further...

  4. TPB highlights risky agent behaviour ahead of crackdown

    such practitioners. The joint compliance program has already seen a 25 per cent increase in referrals from the ATO over the last financial year. “Increasingly, our actions have become more coordinated with the ATO,” said Mr de Cure. “For example, the...

  5. Accountants see surge in ethics ranking

    of all sectors, accountants continue to be perceived as most ethical, with a net score of 39 per cent, up from 30 per cent last year. Tax agents come second at 28 per cent, an increase from 20 per cent last year. Their scores ranked favourably when...

  6. Big four backs e-invoicing push

    Commission’s Targeting Scams report found that business email compromise scams accounted for $5.3 million in reported losses last year. “Scammers intercept legitimate invoices and change the details to include fraudulent payment information. The...

  7. New SMSF advice model gaining government momentum, says CA ANZ

    said. Ms Speed said CA ANZ, along with other accounting bodies, took this model to Senator Hume when she was elected in May last year. While Ms Hume has made it clear that the government will not be bringing back the accountants’ exemption, she asked...

  8. Accountants business funding guide gets COVID update

    Kate Carnell said trading conditions have changed dramatically since the release of the first Business Funding Guide last year. “The guide was originally intended to help small businesses secure funding for growth, however, given the heavy toll the...

  9. Underreported BAS sales leads to 2.5 years in jail

    reporting system data helped it uncover nearly $100,000 in tax evasion. Appearing before the Brisbane District Court last week, Ben Ogden was found to have underreported sales income across four quarterly business activity statements, lodging $85,359 in...

  10. ATO braces for flood of unscrupulous advisers

    companies that have gone into external administration over the period from March to July 2020 compared with the same period last year, a sign that its COVID-19 stimulus measures may have been propping up companies that would normally wind up in any...

  11. ASIC to re-examine limited advice model

    manager of external affairs Dr Jane Rennie said the consultation was much needed, particularly in light of its research last year that found that accountants providing a holistic financial advice service faced over $110,000 in registration and fees....

  12. ATO extends JobKeeper monthly declaration after system downtime

    such, the ATO has now confirmed it will continue to accept and process late declarations. “As our systems were unavailable last weekend due to planned system maintenance, we will continue to process the monthly declaration to reimburse employers for...

  13. AAT rejects navy sailor’s work-related claims

    equipment “out of the generosity of his own heart”, has had his claims turned down by the Administrative Appeals Tribunal. Last week, the AAT confirmed that taxpayer Cameron Lambourne, an electronics technician with the Australian Navy, was not entitled...

  14. ATO thanks accountants, foreshadows busy 2021

    for their resilience and hard work in steering the economy back on track. “You can’t underestimate the impact the last 12 months have had; there has been a lot of work done in a very short period of time,” said Ms Wood on an ATO webcast. “We understand...

  15. Xero’s Australian market surpasses 1m subscribers as profits jump

    Xero’s global subscriber base has grown by 19 per cent compared with this time last year as its Australian market surpasses the 1 million subscriber mark. The accounting software provider’s half-year results to 30 September have seen it post operating...

    • Type: Article
    • Author: Cameron Micallef
    • Category: Technology

  16. EY analysis points to prolonged economic recovery period

    research found combined cash earnings decreased to $17.38 billion, representing a fall of 36.5 per cent from the same time last year. Meanwhile, total impairment charges across the big four banks rose to $11.9 billion before tax, up by $7.48 billion...

  17. Senator Hume flags ‘new opportunities’ off the back of SVFs review

    Morrison government’s review into stored-value facilities (SVFs) is set to bolster Australian businesses and consumers. Late last week, the federal government released the report of the Council of Financial Regulators’ (CFR) review of the regulation of...

  18. ATO data reveals tax avoidance red flags

    jurisdictions, such as the one million accounts held by US and UK tax residents holding almost A$100 billion.” In August last year, the ATO put out a warning to taxpayers to come clean with foreign income, noting that its CRS participation had given it...

  19. ATO addresses outsourcing queries with auditor independence

    where a specialist SMSF firm prepares the financial statements and conducts the audit but another business is the tax agent. Last month, Heffron managing director Meg Heffron noted that this is a common arrangement for accounting firms that outsource...

  20. Loss carry-back sleeper issue ‘not ideal for cash flow’

    as in their own name, in a partnership or in a trust,” said NTAA chief executive Geoff Boxer in a letter to the Treasurer last month. “Furthermore, these businesses are being affected by the economic impact of COVID-19 in the same (or in a similar) way...

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