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  1. Fintech firm snares ex-Sage MD

    Disney-May as its new chairman and investor, as the company looks to expand on an ARR increase of over 200 per cent in the last six months. Boasting a technology career spanning over 30 years, Mr Disney-May has held several senior positions at the Sage...

  2. Findex reveals plans for Crowe Horwath

    the firm’s wealth-related service offering. “It’s where our heritage is and our business has grown exponentially over the last decade in that space so I think we can add some value immediately there,” he said. Mr Paule's ambition is to create a fair...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business
  3. Find ABN and GST errors in minutes and smooth out BAS review

    and rework and reduce compliance risk. A whopping 59.92% of 2,242 Xero accounting files audited by XBert's AI in the last quarter contained ABN or GST errors. Whether you’re preparing BAS lodgements for clients who do their own bookkeeping, or you...

    • Type: Article
    • Author: XBert
    • Category: Tax
  4. Financing fears hit home with accountants, clients

    Middle market clients’ concerns over access to finance has quadrupled over the last year off the back of the royal commission, with accountants urged to prep their clients ahead of a credit crunch. EY’s latest Global Growth Barometer found that 24 per...

  5. Financial transformation firm Canvas integrates with OpenAI

    clients can ask ‘What’s the current balance of all my assets across all my wallets and how has this composition changed from last month?’ or ‘Analyse my upcoming travel plans and predict the FX requirements for these destinations,” said Canvas....

  6. Financial services, regulator exec blasts ‘castigated’ instos

    and here is a link to ASIC's full report. Mr Laughlin’s comments also complement the findings of KPMG’s research late last year into public trust, which concludes public trust is at “crisis” lows. “Certainly this is consistent with the findings of the...

  7. Financial Services Minister contemplates accountants’ exemption proposal

    “artificial, impractical boundaries” for accountants. The IPA’s proposal Mr Conway said consultation with members over the last 18 months has seen a push for a new “Qualified Accountants Financial Services Licence” (QAFSL) that leverages the “qualified...

  8. Financial hardship levels above average, survey reveals

    most common type of payment missed was an electricity, gas or water bill (12 per cent up from 8 per cent at the same time last year), followed by a phone or internet bill (11 per cent up from 8 per cent in Q2 2022), a repayment on loans from family or...

  9. Financial complaints ombudsman details COVID-19 disputes

    complaints regulator received more than 11,000 complaints related to COVID-19 since its pandemic declaration in March last year. The Australian Financial Complaints Authority (AFCA) on Thursday reported fielding 11,482 coronavirus-related complaints...

  10. Financial adviser pleads guilty to creating false documents, forging signatures

    count of making false documents and one count of using false documents under the Crimes Act in the Parramatta Local Court last week. An ASIC investigation found that during his time as a director of Nexus Financial Planning, a financial planning...

  11. Financial adviser numbers hit 5-year low

    in Australia as of 30 June 2021, the first financial year since 2015 that ended with numbers falling below 20,000. In the last year alone, the number of advice licensees fell from 2,125 to 1,907, a 10 per cent decline, with advisers that are part of a...

  12. 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....

  13. Financial advice reform an opportunity to reduce red tape: CA ANZ

    for the exit. Earlier this year, CA ANZ said that registry has dropped from about 20,000 members to 19,000 members over the last 15 months as a result of ASIC’s ever-increasing levy. Overall, the financial advice sector has seen adviser numbers fall to...

  14. Financial advice fees jump over 20%

    Median advice fees have gone up more than 20 per cent over the last two years, as the cost of doing business increases and practitioners get more selective about who they’ll take on as clients. Data from Adviser Ratings’ 2020 Financial Advice...

    • Type: Article
    • Author: Sarah Kendell
    • Category: Business
  15. Finance teams seriously unprepared for cyber attacks

    is an area where financial professionals must take the lead given cyber attacks are a constant and success almost a given.” Last year, new mandatory notifiable data breach (NDB) laws kicked in, requiring firms to provide notice to the Office of the...

  16. Finance professionals most concerned about returning to the office

    about heading back into the office because of COVID-19, a new survey has found. Finance professionals are likely to be the last to return to the office on a full-time basis, with a majority of workers indicating numerous concerns around exposure to...

    • Type: Article
    • Author: Reporter
    • Category: Business
  17. Finance firms ‘should put out welcome mat for female interns’

    offer internships to those with prior work experience in finance. “I recently had a female candidate who said she was in the last round for an internship but didn’t get it because she didn’t have any prior work experience in finance,” Ms Love told...

  18. Finalists unveiled for Australian Accounting Awards 2024

    and rising stars. The highest-scoring individual award winner will receive the coveted Accountants Daily Excellence Award. Last year, this award was given to Easy Super director Natalia Clack, after she was named Superannuation Specialist Accountant of...

  19. Final QAR report ‘fails to address’ limited AFSL issue

    failed to adequately consider problems with the limited financial advice model, among other issues. The QAR report released last week said there was “little merit” in holding a limited Australian Finance Services Licence but opted against recommending...

  20. Fight against new property tax laws taken to govt

    in past years. “If you are an investor and you haven't done your tax depreciation properly, you can actually... amend the last two years of your tax return and go back and ask for some money from the tax office,” he said. “Coming up to tax time, you're...