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  1. Accountants must keep ‘watchful eye’ on financial abuse

    insufficient details so that they do not fully understand the true nature or extent of their tax position or tax debt.” Late last year, Smith told Accountants Daily that accountants needed to do their part in helping protect the finances of their...

  2. Accountants losing ground in SMSF space

    looking to set up an SMSF cited property investment as a reason for establishment, up from 34 per cent at the same time last year. Twenty-one per cent of those planning to set up an SMSF also cited access to borrowing within superannuation as a driver...

    • Type: Article
    • Author: Katarina Taurian
    • Category: Super

  3. Accountants looking to switch SMSF software

    Report, 19 per cent of accountants in the SMSF space are considering changing their software providers, up from 16 per cent last year. OneVue head of platform strategy, sales and service, David Storm said the increase is based around technological...

    • Type: Article
    • Author: Staff Reporter
    • Category: Super

  4. Accountants in driver’s seat as wealthy clients’ 2017 patterns revealed

    with over $1 million in investable assets outside of their own home, business and non-SMSF super, up by 2 per cent over the last 12 months following two consecutive years of decline. Speaking to Accountants Daily, Investment Trends senior analyst King...

  5. Accountants in despair over NSW business grant administration

    turnover test, reliving concerns over the cash versus accruals debate that surfaced at the height of the JobKeeper program last year. Service NSW states that the “Australian Taxation Office goods and services tax (GST) concept will be applied when...

  6. Accountants highlighted in serious financial crime identikit

    the tax system — they do make sure people understand their obligations and help them to meet those obligations,” said Mr Day last year. “But we do see a very small percentage who have a very active role in facilitating offshore tax evasion, the phoenix...

  7. Accountants high on 'dateability' scale

    “Technology has revolutionised the accounting industry and we have seen a new breed of professionals crop up in the last five to 10 years. We have many accounting partners who are excellent examples of the new-age accounting firm, whose employees...

  8. Accountants have ‘lost the art of organic growth’

    have lost the art of organic growth. They’ve been in an environment where growth has been force-fed on them for probably the last three decades. So their ability to go out and grow business and grow clients hasn’t been something that has been a high...

  9. Accountants hang on despite ratings crash for finance sector

    in a row, banking, finance and insurance was the lowest category in the Index. Its net score has dropped dramatically from last year with a score of -15. It has never before scored this badly — 55 per cent of respondents consider the sector unethical...

  10. Accountants give ATO 100A draft the thumbs down

    7A draft rulings a firm thumb’s down in responses to a CA ANZ call for feedback on the issues. The rulings, released last month, are condemned for being “retrospective” and driven by an internal agenda at the ATO, rather than legal or political...

  11. Accountants foreshadow ATO compliance storm

    recommencement of ATO audit and debt activity as recent signs point towards a renewed approach to compliance-related work. Last year, the ATO made a “conscious choice” to pause its debt, audit and lodgement work at the height of COVID-19, ultimately...

  12. Accountants flagged on rising insolvency figures

    in FY21 were 7.2 per cent below the historical average, with court liquidation appointments plunging 72 per cent. Last financial year, 3,709 fewer companies went into external administration than on average, while in January 2021, companies entering...

  13. Accountants fear impact of ATO outages this tax time

    have told Accountants Daily they find this disruptive, given they often work outside of regular business hours. For example, last month, in the build-up to tax time 2018, the ATO announced that it would update its systems over a two-day period, during...

  14. Accountants farewell 'biggest headache' of 2017

    Transitional CGT relief as part of the superannuation reforms that kicked in last year were amongst the pick for the “biggest tax and accounting headache” in 2017 by one industry lawyer. The reforms, which kicked in on 1 July 2017, included the $1.6...

  15. Accountants face pressure on advice tech adoption  

    Involving dedicated support staff and business leaders in these decisions can also be very effective,” Mr Holland said. “The last part is to keep a bigger picture focus. Too often we get consumed by the day-to-day short-term pain of implementing changes...

  16. Accountants face ‘huge issues’ with buyers in 2017

    then pay dollar for dollar... so a million- dollar fee base they’d pay a million dollars for,” Mr Bishop said. “Over the last probably ten, 15 years, the valuation of fee base has gone down significantly, but also increasingly the younger generation,...

  17. Accountants eye potential SMSF pool

    a new report shows. Despite a substantial fall from the number of SMSFs established from a high of 40,000 in 2012 to 20,000 last year, Investment Trends’ 2020 SMSF Accountant report shows that accountants estimate that a further one in eight of their...

  18. Accountants encouraged to rally against Labor’s ‘significant policy change’

    of Public Accountants believes debate should be “run up the flagpole” well ahead of the next election. In early May last year, opposition leader Bill Shorten said a Labor government would cap the amount claimed by individuals for management of their tax...

  19. Accountants Direct signs up Annature

    in shares or property. The partnership with Accountants Direct comes after Annature achieved 500 per cent growth in the last financial year. Launched in 2020 Annature has seen exponential growth since then. Its technology is compliant with in-country...

  20. Accountants Daily’s top 10 podcast episodes of 2025

    of technical expertise and personal experience. After losing his own business more than 20 years ago, Hank spent the last two decades helping business owners across Australia avoid the same fate. In this episode, Hank shared what business owners and...

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