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  1. Unpopular accountants’ licence tipped for chopping block

    ASIC will turn around and say, ‘This is just causing everyone more work for no added benefit’”. Accountants Daily reported last week that while interest in providing SMSF services is on the rise with accountants, the majority of accounting firms rate...

  2. Tips and tools of the predictive practice

    in spite of the enormous volume of data, Google Trends provides real-time info on searches that have taken place over the last hour in Australia and New Zealand. To get some idea of the number of people in each location with an interest in “plumbing”,...

    • Type: Article
    • Author: Suresh Sood, PhD, Data Scientist, Chartered Accountants Australia and New Zealand
    • Category: Regulation
  3. Disruption fear 'over-used' in accounting, says mid-tier

    with clients. Speaking to Accountants Daily after winning Firm of the Year at the 2017 Australian Accounting Awards last month, Pitcher Partners Sydney managing partner Rob Southwell said that firms mustn’t get preoccupied with technology. Mr Southwell...

  4. Tech focus in firms is ‘coming with the age’

    term. Speaking to Accountants Daily after winning Accounting Student of the Year at the 2017 Australian Accounting Awards last month, Arlen Dabinett said that the use of technology in firms is something that will accelerate as more millennial...

  5. Accounting network confirms acquisition of bookkeeping firm

    partner Nathan Hood’s goals of having 10 hubs across Australia. “We’ve now got three hubs in Perth and launched in Melbourne last year. In the near future, we want to have offices in all states and territories. There are opportunities for growth...

  6. Accountant receives prison sentence for tax fraud

    Stamatopoulos pleaded guilty to dishonestly obtaining a financial advantage of more than $2 million in Perth District Court last week. Judge Michael Bowden sentenced Mr Stamatopoulos to eight years’ imprisonment, with a non-parole period of four years,...

  7. SMEs still passive about technology, finds MYOB

    at the forefront of innovation rather than waiting for disruption to hit, amid worrying statistics from a software provider. Last week, MYOB released its latest Future of Business Report: The Age of Change, revealing that while SMEs accept that...

  8. CPA braces for ‘widescale’ change, members launch spill motion

    lodged an application for a new Professional Standards Scheme in January 2017, which has been assessed by the PSC of NSW. Last week, the PSC advised that it is unable to direct the proposed new scheme to be published for public notification. It is...

  9. MYOB finds shift away from accountants this tax time

    their own year-end tax preparation, with 41 per cent of SMEs planning to complete their tax themselves, up 36 per cent from last year. Speaking to Accountants Daily, MYOB’s chief strategy officer, John Moss, said that this increase in SMEs taking their...

  10. BAS agents shine as TPB fields complaints data

    throughout that process, have towed the line and done everything that has been asked of them,” he said. Compliance targets Last year the TPB launched a major compliance project targeting unregistered service providers, which recently saw almost 3,000...

  11. 'Large demand' driving bookkeeper fees, salaries

    which will fuel demand for bookkeepers, providing they are winning business and growing their business,” he said. In the last year there has been a sizable growth in salaries of bookkeepers, particularly those based in Sydney, with a 10 per cent jump in...

  12. IGT commences review into ATO’s fraud control

    a review into the ATO’s fraud control management following a request from the Senate economics references committee last week. The review, in which Mr Noroozi will examine how the ATO addresses the risk of fraud and associated issues, comes after it was...

  13. National network looks to up bookkeeping acquisitions

    partner Nathan Hood’s goals of having 10 hubs across Australia. “We’ve now got three hubs in Perth and launched in Melbourne last year. In the near future, we want to have offices in all states and territories. There are opportunities for growth...

  14. KPMG locks in 62 new partners for FY17/18

    executive Gary Wingrove. The majority of appointments were made in the advisory division where 37 new partners were named. Last year, this division generated approximately 50 per cent of KPMG’s revenue. A further 26 were assigned to the firm’s...

  15. BDO confirms acquisition of analytics firm

    research offering through the appointment of ex-Deloitte Access Economics head, Mark Ingham, as an executive director last month.

  16. Strong IPO market creates opportunity for accountants

    fourth globally for IPO activity in the first half of 2017, creating an opportunity for firms focused on small cap listings. Last week, EY released its EY Global IPO Trends: Q2 2017 report, revealing that global IPO activity was at its highest in H1...

  17. Tax Institute labels $20K tax break ‘confusing’

    Institute has warned small businesses to read the fine print and not get caught out by confusing elements of the tax break. Last month, the government announced that legislation to extend the $20,000 instant asset write-off for small businesses for...

  18. Debt Vs Invoice Funding: An In-depth Look

    even though they had never missed a payment. Not surprisingly, business owners view this possibility with horror: the last thing they want is to expose their hard-built enterprises to the vagaries of the financial world far beyond their control. And...

    • Type: Article
    • Author: The Invoice Market
    • Category: Business
  19. Walker Wayland confirms senior management appointment

    chartered accountants to ensure they have appropriate quality standards in place within their own practices. At the end of last year the Walker Wayland Australasia network elected Power Tynan CEO Paul Hilton as its new chair.

  20. CPA's rivals note major spike in new member enquiries

    members,” Mr Boxer said. “We have definitely experienced an increase in NTAA membership enquiries from CPA members over the last four weeks. Enquiry numbers represent a three-fold increase when compared to previous years.” Accountants Daily contacted...