From www.accountingtoday.com: Predictive analytics is revolutionising accounting by shifting the focus from historical record-keeping to forward-looking financial insights, enhancing forecasting, auditing, risk management, and strategic decision-making.… read more
From www.accountingtoday.com: Data center operators face challenges in keeping equipment current while managing cash flow, prompting a shift towards leasing options for financing upgrades.
Options include operating leases for rapidly changing technology, finance leases for long-lasting equipment, hardware as a service, and consumption-based leasing models.… read more
From www.accountingtoday.com: FloQast and Fieldguide have launched new agentic AI solutions aimed at enhancing efficiency in the accounting sector amid staffing shortages.
FloQast’s AI Agents automate complex workflows for journal entries, data transformation, and allow custom automation, while Fieldguide’s Field Agents execute entire engagement workflows autonomously, linking individual tasks.… read more
From williambuck.com: The 2025-26 Federal Budget introduced by Jim Chalmers aims to address cost-of-living challenges for Australians while maintaining a return to deficit, featuring unannounced tax cuts and extended energy bill rebates.… read more
From www.claytonutz.com: Legal professional privilege protects confidential communications created for the purpose of seeking or giving legal advice and for use in litigation.
To preserve this privilege, it is essential to document the reasons for creating privileged materials, label documents appropriately, limit dissemination, and avoid intermingling legal advice with non-privileged information.… read more
From www.asbfeo.gov.au: The 2025-26 Federal Budget includes targeted measures to support small and family businesses, such as ongoing energy bill relief and protections against unfair trading practices.… read more
From www.aicd.com.au: Ethical hacking is crucial for organizations to identify and address cybersecurity vulnerabilities before malicious actors can exploit them.
Boards should integrate ethical hacking into their enterprise risk management frameworks, fostering a proactive security culture and recognizing cybersecurity as a board-level responsibility.… read more
From www.aicd.com.au: Australia’s Budget 2025 forecasts a return to deficits, with an underlying cash deficit projected at $27.6 billion for 2024-25 and increasing to $42.1 billion in 2025-26, while gross government debt is expected to rise from $940 billion to $1,022 billion in the same period.… read more
From www.lawyersweekly.com.au: Treasurer Jim Chalmers presented the fourth budget of the Albanese Government, emphasizing improvements in economic growth, with a forecast of growth rising to 2.5% by 2026-27 and unemployment expected to peak at 4.25%.… read more
From www.breednet.com.au: A recent case reviewed by the Administrative Review Tribunal affirmed that a taxpayer was denied input tax credits for GST due to filing her claims more than four years after the required deadline.… read more