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Over a third of accountants are considering leaving in next 5 years
By Josh Needs • 05 June 2023 • 11 minute read. Over a third of accountants are considering leaving the profession within the next five years as many are searching for a greater work/life balance, according to cloud accounting platform Dext. The concerning revelation of Dext’s research comes as the number of accounting students, both ...
Tribunal overturns tax agent’s 5-year ban ... - Accountants Daily
“This limited information indicates the board’s investigation, particularly in relation to the ATO client audits, proceeded largely as a document-gathering exercise, and attached primary significance to the appearance (from the ATO’s referral documents) of taxation law non-compliance by Mr Birdseye and Claim It,” Mr Taylor said.
Accountants set to have ‘more choice’ with new platform, AFX
AFX general manager Jordan Mutton said the new development would provide accountants more choices when it comes to placing their asset finance referrals with a referral partner. “The AFX places control in the hands of accountants, providing them the opportunity to connect with a range of asset finance specialists, not just one,” Mutton said.
The future of non-financial reporting | Accountants Daily
May 11, 2021 · The future of reporting is not a one-way street, however. In Jo’s view, financial reporting should serve as a base for developing rich, useful Integrated Reports. “It’s all financial at the end of the day,” she says. “ [With EER] we’ve been slow, trying to reinvent the wheel when there’s a whole range of robust financial reporting ...
Court rules against Qld businessman’s EY-inspired tax schemes
May 17, 2024 · Court rules against Qld businessman’s EY-inspired tax schemes. Tax. The founder of surfwear brand Billabong used advice from EY to minimise tax from the sale of his bioplastics company, according to the Federal Court. By …
Accountant charged over bankruptcy fraud advice
May 5, 2021 · A Perth tax agent is among a trio charged with allegedly concealing and disposing of a property worth more than $500,000 before a bankruptcy, with possible jail time looming. An investigation by the Australian Financial Security Authority (AFSA) alleges that Sean Mauk and Sally Mauk, as well as their accountant Charles Roborg-Sondergaard ...
Super tax increase ‘raises retrospective CGT issues’
The government should provide CGT relief for those impacted by the $3 million superannuation threshold to prevent capital gains being taxed retrospectively, says an SMSF Association policy expert. The Treasurer’s announcement that it would double – to 30 per cent – the tax on super earnings above $3 million from 2025 left government with ...
Joint accounting bodies call for aged care bill amendments
The joint accounting bodies have proposed amendments to the New Aged Care Bill 2024 funding arrangements in a submission to parliament. In a submission to parliament, the joint accounting bodies proposed changes to the funding arrangement in the bill to ensure it provides simple and clear guidance. The submission was made by CA ANZ, CPA ...
ACE24 Accounting Conference Expo - Home - Accountants Daily
The ACE24 Accounting Conference and Exhibition brought accounting professionals and specialist experts from across the industry together for a comprehensive one-day conference. The accounting sector is in a significant period of transition as it adapts to a raft of regulatory changes, shifting client demands and technological advancements.