From www.holmanwebb.com.au: Under the Spam Act 2003 (Cth), businesses cannot send unsolicited commercial electronic messages without prior consent from the recipient, with both express and inferred consent being acceptable.… read more
From www.accountantsdaily.com.au: (Podcast) Joanna Perry, an industry advocate and former business adviser, shares her career journey and her mission to inspire young people to consider accounting as a profession.… read more
From insightfulaccountant.com: (Podcast, US context) A discussion of how CPAs can leverage automation and digital transformation to enhance efficiency and grow their firms.
Driving technological change and the importance of adopting modern tools and platforms.… read more
From www.bleepingcomputer.com: ChatGPT 4.1 has been released and shows significant improvements over its predecessor, GPT-4o, particularly in coding capabilities.
However, it does not surpass Google Gemini models in performance and cost-effectiveness, as Gemini 2.0 Flash outperforms GPT-4.1 with a lower error rate and much cheaper operational cost.… read more
From hlb.com.au: AASB 18 will significantly alter the income statement by enforcing a structured approach to the presentation of financial performance, enhancing consistency, comparability, and transparency across entities.… read more
From hallandwilcox.com.au: ASIC has released Consultation Paper 383, inviting stakeholder engagement on its plans to publish Reportable Situations (RS) and Internal Dispute Resolution (IDR) data at both industry and firm levels, starting in the second half of 2025.… read more
From williambuck.com: Small business owners can ease tax planning stress by focusing on year-round recordkeeping, investing in accounting software training, and writing off legitimate business expenses to maximize tax deductions.… read more
From williambuck.com: As the 2025 financial year-end approaches, tax planning is complicated by upcoming federal elections and potential legislative changes.
Key confirmed measures include the extension of the instant asset write-off until June 30, 2025, and the non-deductibility of General Interest Charges from July 1, 2025.… read more
From www.aicd.com.au: ASIC issued its final Regulatory Guide on sustainability reporting, clarifying directors’ duties and liability settings related to mandatory climate reporting requirements.
The guidance refers to the need for directors to understand their responsibilities, establish systems for managing climate risks, and apply rigorous oversight of sustainability disclosures.… read more
From www.journalofaccountancy.com: (US context) A bipartisan bill in the House of Representatives, the Accounting STEM Pursuit Act of 2025, seeks to include accounting in the STEM education program to enhance access for underrepresented students.… read more
From cpaaustralia.com.au: Senior executives can create a disconnect between their stated values and actual behaviours, leading to what is termed “organised hypocrisy” within organisations.
This disconnect may arise from pressures to conform to performance demands, causing both leaders and employees to act unethically despite good intentions.… read more
From jbsolicitors.com.au: Child support in Victoria involves financial responsibilities for parents after separation, covering essentials like housing, education, and healthcare for children.
Legal guidance is recommended for creating mutual agreements and addressing complexities in child support arrangements.… read more
From www.smsfadviser.com: A new paragraph in TR 2010/1DC2 suggests that insurance proceeds may be classified as contributions if they are intended to benefit a fund member, which has raised concerns among financial professionals.… read more
From michaelwest.com.au: Labor’s proposal for an instant $1000 tax deduction aims to assist nearly six million low and middle-income earners by simplifying the tax process.… read more