The Tax Office has conducted a search warrant at a Sydney residence of a former consultancy firm employee who is alleged to have orchestrated a large-scale tax fraud.

New research shows that accounting professionals are increasingly playing a hands-on role in enabling their clients’ technology ecosystems, across dozens of different tools.

As the Productivity Commission continues to release interim reports, CPA Australia has said SMEs need support in the evolving AI implementation space.

Details of the ATO’s new phone service for lodgement deferrals have now been published, with the concession set to remain capped at five clients.

Artificial intelligence (AI) is no longer a futuristic concept. It is already embedded in many of the tools and systems accountants use every day. From document scanning and optical character ...

Following the Productivity Commission’s sweeping tax reform proposals, business advocates are pushing for a more holistic approach to reduce the burden on larger businesses.

While there have been a lot of arguments in favour of utilising deferred tax accounting in relation to Division 296, a technical adviser has argued it should very much be a “case-by-case” decision.

Small business restructuring appointments have surged as awareness of the scheme grows, but the approval rate of SBR plans is starting to decline.

As the ATO continues its battle against illicit tobacco, the NSW government is introducing tough new laws to parliament to help crack down on illegal sales and possession.

New research shows the extent to which accounting professionals are focused on integrating new technologies into their daily operations, as well as how a shortage of talent may impact their businesses ...

A specialist recruiter has warned law firms to act now on hiring staff to meet new Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) requirements amid a shortage of skilled professionals.

Recent research we have conducted with accountants and bookkeepers dove into why so many businesses are ending up in failure, and whether they are truly “trusted advisers” to their clients. Spoiler ...