From www.accountingweb.co.uk: Finance leaders share insights about their unique journeys to becoming CFOs, highlighting the importance of cross-functional experience and adaptability in the role.
They emphasise that modern CFOs must go beyond traditional finance responsibilities to influence company strategy and operations while leveraging technology and fostering collaboration across departments.… read more
From www.accountantsdaily.com.au: The Senate Economics Legislation Committee has recommended a bill to deny income tax deductions for general interest charges (GIC) and shortfall interest charges (SIC) incurred by taxpayers.… read more
From www.myob.com: The construction industry in Australia and New Zealand faces challenges such as rising material costs and labour shortages, making the adoption of technology crucial for efficiency and competitiveness.… read more
From futurefirm.co: Outsourcing bookkeeping is a common practice among CPAs to save time, reduce costs, and enhance accuracy in financial reporting.
Key reasons to consider outsourcing include access to specialized expertise, flexibility in scaling as business needs change, and improved compliance with regulations.… read more
From www.claytonutz.com: ASIC has issued a warning to superannuation trustees, urging them to assess and improve their anti-scam measures in light of increasing scam risks targeting fund members.… read more
From www.acuitymag.com: Starting from 1 July 2025, the general interest charge (GIC) and shortfall interest charge (SIC) on tax debts may become non-deductible under proposed legislation, significantly increasing the cost of tax debt for SMEs.… read more
From financialnewswire.com.au: Outgoing Assistant Treasurer and Minister for Financial Services, Stephen Jones, is set to leave Parliament, having made minimal progress in addressing the financial planning sector’s challenges, which he described as a “hot mess.”… read more
From www.acuitymag.com: Lauren Thiel CA founded her accounting firm, The Real Thiel, in 2016 to support sole traders and micro businesses in the creative industries, particularly during the challenges posed by the COVID-19 pandemic.… read more
From www.allens.com.au: The latest issues, decisions and proposed changes impacting business and workplace risk.
Recent changes to employment law include the criminalisation of wage theft, increased penalties for underpayments, and upcoming superannuation changes, which require employers to adapt their payroll processes.… read more
From www.claytonutz.com: The New South Wales Supreme Court has ruled that parties asserting ownership rights against a company under administration must obtain consent from the administrators or seek leave from the Court to avoid violating section 440B of the Corporations Act 2001.… read more