Breach of Directors’ Duties: Legal Consequences
From LegalVision: Directors in Australia must adhere to strict legal responsibilities under the Corporations Act 2001, including acting in good faith and avoiding conflicts … read more
Professional Practice
PWC: 2 years on
From www.themandarin.com.au: Two years after the PwC tax leaks scandal, Treasury is still navigating reform issues stemming from the incident, as highlighted by a … read more
Digital advice and affordability
From www.ifa.com.au: Industry consultants suggest that despite the introduction of digital advice initiatives by five superannuation funds to enhance affordability, the low uptake indicates … read more
Boardroom negotiations
From www.aicd.com.au: Glin Bayley outlines five essential tactics for successful boardroom negotiation, emphasising the importance of understanding mutual value, utilizing data, and recognizing power … read more
Christine Holgate – surviving a storm
From www.aicd.com.au: Christine Holgate, CEO of Team Global Express, discusses her leadership journey and resilience after navigating challenges at Australia Post, where she resigned … read more
Practice Succession planning
From www.icaew.com: (UK context) Peter Hollis, founder of Hollis and Co Chartered Accountants, chose an Employee Share Ownership Trust for succession planning to ensure … read more
Turning accountants into TECH producers
From www.accountingtoday.com: Finance functions need to transform traditional roles into digital finance positions that incorporate technology capabilities, as nearly half of current roles must … read more
M&A demand in FP Sector
From www.professionalplanner.com.au: Demand for mergers and acquisitions in the financial planning sector remains high, with 20 to 30 potential buyers for each seller, indicating … read more
Election 2025: The adviser edit
From www.knowledgeshop.com.au: Political parties have launched early campaigns for the upcoming election, revealing key policy announcements beneficial to accountants and advisers.
Notable proposals include … read more
What makes a mortgage broker great?
From prosolution.com.au: A great mortgage broker possesses five key attributes: significant property investment experience, strong tax knowledge, a solution-focused mindset, a client base similar … read more
Seven indicted in huge U.S. COVID-relief fraud
From www.accountingtoday.com: (US context) Seven individuals, including tax preparers Keith Williams and Janine Davis, have been indicted for allegedly filing over 8,000 false payroll … read more
TPB: further light on breach reports
From www.accountantsdaily.com.au: The Tax Practitioners Board has clarified that practitioners are not required to report breaches based solely on hearsay or unsupported opinions.
There … read more
Why the practice finance landscape is changing
From www.icaew.com: (UK context) The UK accountancy industry is undergoing significant changes due to structural economic shifts and technological advancements, attracting private equity (PE) … read more
Further guidance needed on material loss issue
From www.accountantsdaily.com.au: Tax and BAS agents must report significant breaches of the Code of Professional Conduct under the Tax Agent Services Act effective July … read more
TPB clarity on breach reporting timelines
From www.accountantsdaily.com.au: The Tax Practitioners Board has clarified that tax practitioners are only required to report breaches that occur on or after 1 July … read more