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  1. Big 4 reveals tax functions findings for Aussie firms

    The survey also found that 68 per cent of tax function effort was still taken up by compliance, a level unchanged since EY’s last study in 2014. More than a quarter spent half their time getting data ‘fit for purpose’ and only 27 per cent were satisfied...

  2. Big 4 partnership caps under consideration by Treasury

    the quality of audit services provided by the big four have raised the temperature on the competition challenge. In its last audit quality report published in October 2022, ASIC said half of Deloitte’s reviewed audits were deficient, meaning its...

  3. Big 4 operate ‘beyond the law’ as ‘pseudo corporations’

    are allowed due process.” CA ANZ said its professional conduct review, begun in the wake of the KPMG exam cheating scandal last year, would offer the chance to “extend our disciplinary framework” to ensure “that ethics and integrity remain the...

  4. Big 4 firms’ liquidator role for property developer expands

    firm to be appointed liquidators of 19 companies associated with the Macro Group, of which they were appointed liquidator of last month. Last month the Federal Court appointed KPMG partners Hayden White and Matthew Woods as liquidators to six companies...

  5. Big 4 firms signal COVID-19 vaccine programs

    the professional services industry emerge following calls from New South Wales Premier, Gladys Berejiklian, who on Thursday last week pleaded with the state’s businesses to roll out vaccine programs of their own. She urged businesses to bear in mind...

  6. Big 4 firm warns accountants amid worrying fraud findings

    and has called on accountants to exercise scepticism around their own firms as well as their clients' businesses. Last week EY released its Asia-Pacific (APAC) Fraud Survey 2017, revealing that despite wanting to work for ethical organisations, 17 per...

  7. Big 4 firm ups use of 'robots' in audit division

    auditors are increasingly trying to get access to more data direct from the source to speed up the audit process. “In the last 12 months we've made significant headway in terms of getting access to data that we can use to potentially verify accounting...

  8. Big 4 firm responds to national growth figures

    be forgotten. Yesterday, the government revealed the Australian National Accountants experienced 1.1 per cent growth for the last quarter of 2016, resulting in 2.4 per cent annual growth for the 2016 calendar year. KPMG chief economist Brendan Rynne...

  9. Big 4 firm finds upskilling 'the new normal'

    New research from a big four firm has revealed that workers no longer expect their qualifications to last a lifetime and are prepared to continuously upskill themselves to remain employable. PwC’s latest global report, Workforce of the future: the...

  10. Big 4 firm finds human rights gap in Aussie firms

    up to speed with this fast evolving and relatively new framework. “Many of the 30 June 2017 annual reports released in the last few weeks are already demonstrating this.”

  11. Big 4 firm denies alleged incorrect tax advice

    2011, saying that their initial advice was incorrect. In Deloitte’s defence, which was filed with the NSW Supreme Court last month, the firm denied Mr McEvoy’s claims, saying that at no time did Mr McEvoy and Deloitte enter into any agreement under...

  12. Big 4 firm bullish after new platform launch

    its new blockchain platform, one big four firm is confident its moves will benefit both the firm and its mobility clients. Last week EY announced the launch of Tesseract, an integrated mobility platform underpinned by blockchain technology. “Tesseract...

  13. Big 4 firm appointed liquidator for troubled WA developer

    the companies or their directors/officers. The Macro Group companies have already been subject to action from ASIC. In May last year, the Federal Court of Australia permanently restrained the marketing and promotion of a proposed Pilbara property...

  14. Big 4 firm adds new Melbourne partner for HNWs

    said the appointment is a result of strong growth within the division, which has seen significant revenue growth over the last three years. Since 2016, KPMG Enterprise has established a high growth ventures arm working with start-ups and entrepreneurs;...

  15. Beyond Blue CEO talks mental health in the workplace: Tips to help you cope

    all are. That’s absolutely normal in circumstances we find ourselves in,” Beyond Blue chief executive Georgie Harman said. Last month, Accountants Daily sister brand MyBusiness hosted a special, three-day, virtual event to help small-business owners...

  16. Beware, the ATO is on the hunt for lifestyle assets

    art, marine vessels, aircrafts, enthusiast motor vehicles and thoroughbred horses. The ATO will review these assets for the last two financial years based on the following nominated asset threshold: • Marine vessels – over $100,000 • Aircraft – over...

  17. Beware the early lodgment tax trap, CPA Australia warns

    and missing information. Data from the Tax Office showed that almost 3 million individual tax returns were lodged by 23 July last year, which climbed to 5.8 million by 20 August. Jenny Wong, tax lead at CPA Australia, said she urged taxpayers to take...

  18. Beware promoters of early super access schemes, ATO warns

    you retire unless you meet one of the conditions that makes it legal to access your super and receive relevant approval.” Last year, ATO assistant commissioner SMSF risk and strategy Justin Micale said an increasing number of trustees were taking...

  19. Beware of ‘quirks’ in draft GST ruling, cautions tax expert

    claiming input tax credits following the recent release of MT 2024/D1, Accurium has said in a recent educational webinar. Last month, the ATO released the draft taxation ruling, MT 2024/D1 which outlines the time limits for claiming an input tax or fuel...

  20. Best Employer of Record Services: 10 Evaluation Criteria for Finance Leaders

    on the monthly rate. Cost and exit terms next, since they set how much room you have to move later. Operational quality last, though it is the part your staff feels every fortnight. Score each provider across all ten, and don't let the cheapest quote or...

    • Type: Article
    • Author: Content Partner
    • Category: Business
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