Assuming lead is required, the following 1460 results were found.

  1. ATO ‘scrutinising’ section 109RB requests, practitioners warned

    having regard to Division 7A or putting in place arrangements deliberately intended to circumvent Division 7A will also not lead to a favourable exercise of that discretion on the basis of an honest mistake or inadvertent omission,” she said. “It’s...

  2. ATO ‘intimidating’ firms under new partner profit guidelines: IPA

    to self-assess, and in doing so, to provide this information to the ATO in response to an information request, which could lead to a review.” The ATO’s guidelines stem from a concern that owners of a professional firm are being taxed on an “artificially...

  3. ASX-listed firm names CA, CPA in exec ranks

    founded by Bryam Johnston and Martin Smith in 2006. The firm’s board yesterday announced two significant changes to its leadership. Mr Johnston, who is a fellow of the Institute of Chartered Accountants, has stepped down from the role of CEO to solely...

  4. Associations call for extension of energy incentive

    smart and efficient energy upgrades for small businesses.” “We also note that poorly selected or implemented upgrades could lead to unwanted consequences. For example, where electrification from gas takes place, there is a clear need for electric...

  5. Association offers different take on survey results

    or “high” for their ethics and honesty, compared to nurses who came first at 94 per cent. However, accountants continued to lead the financial-related profession, outperforming bank managers, financial planners, insurance brokers, and real estate...

  6. Asset betterment: operation, obligation and onus

    in Australia. A failure by the taxpayer to call witnesses, such as their accountant/tax agent or family members, can also lead the AAT to infer that their appearance would have been detrimental to, or at least would not have assisted, the taxpayer’s...

    • Type: Article
    • Author: Robyn Jacobson, The Tax Institute
    • Category: Business
  7. ASIC suspends auditor for five years

    ASIC has accepted an enforceable undertaking (EU) from the former Banksia lead auditor, suspending him until 2019. As part of an ongoing investigation into the collapse of Banksia Financial Group (Banksia Group), ASIC has suspended Warren John Sinnott...

    • Type: Article
    • Author: Michael Masterman
    • Category: Regulation
  8. ASIC sounds warning around high-yield bond scams

    can verify who is using the information and how it will be used. We are seeing a rise in suspicious websites that are simply lead generators for scammers. “Ensuring investment products are true-to-label is front and centre for ASIC. While true-to-label...

  9. ASIC outlines key strategies for crypto regulation

    of individual regulators, nor global borders.” “Market fragmentation and the risk of inconsistent regulatory treatment can lead to arbitrage and expose consumers to greater harm.” Mr Hughes was also concerned that the majority who invest in crypto fail...

  10. ASIC homes in on accountants' SOAs

    be taking no prisoners on the issue of compliance with the requirements of an AFSL. This was particularly the case in the lead up towards the end of the accountants' exemption phase-out period in July last year, when it became clear that the AFSL regime...

  11. ASIC highlights COVID-19 financial reporting focus areas

    about business impacts and potential uncertainties will “continue to be vital”. Disclosing uncertainties, it said, may lead to a wider range of valid judgements on asset values and other estimates. It reiterated that, while these uncertainties may vary...

  12. ASIC finds inappropriate accounting treatments in financial reports

    any changes to their financial reporting and ASIC has said that enquiries of the remaining entities will not necessarily lead to material restatements. ASIC has indicated that its focus areas for 30 June 2017 financial reports will highlight the need...

  13. ASIC dismisses calls for licensed accountants to be excluded from levy

    accessible for all Australians.” CPA Australia have also lobbied hard against the IFM, arguing that the high costs would lead to further market concentration, in turn pushing up prices, and discouraging new entrants into the sector....

  14. ASIC continues liquidator crackdown

    his duties in that he: • Failed to recognise a relatively large value of referrals to him from one work referrer might lead to concerns about his independence and impartiality – he should not have accepted those appointments; • Failed to make reasonable...

  15. ASIC commissioner exits before end of term

    11 months before his terms ends, after accepting a role as general counsel at asset manager Vanguard. Mr Hughes had been a lead voice on the issues of whistleblowers and audit quality. He has previously held several positions at ASIC, including senior...

  16. ASIC circles former auditor over failure to comply with standards

    to conduct the audit of Big Un in compliance with auditing standards. The matter stems from Mr Stem’s appointment as the lead auditor for Big Un for the financial year ended 30 June 2017. According to a statement from the corporate watchdog, Big Un...

  17. ASIC cancels registration of two liquidators

    he said. “Our work identifying failure to comply with basic obligations can highlight more systemic issues which will lead to ASIC enforcement action.” Cancellation for both Mr McCroary and Mr Fawcett took effect on 29 July 2015, following the...

  18. ASFA proposes tax policies for strengthening super sector

    noted. The body also stressed changes to LISTO were crucial based on recent government income tax cuts, which would lead to over one million low-income workers having the small tax advantage for their super contributions further reduced. Additionally,...

  19. ASFA calls for super tax changes for low income earners

    security in retirement for individuals on lower incomes, especially women. “If adopted, ASFA’s budget recommendations would lead to better retirement outcomes for Australians, particularly low-and middle-income earners,” Delahunty said. “Importantly,...

  20. ASBFEO issues copyright law warning for small businesses

    not to consider their own unfounded DMCA action against competitors, as misuse of legal protections could backfire and lead to action being taken against them. “In all cases, Australian small and family businesses should get their own legal advice if...