News Archive

3 Year Audit Cycle Misses the Point

The 2018 Federal Budget announcement proposed that the SMSF audit cycle be extended to three years for funds with good compliance history, starting from 1 July 2019. Is that...

The ATO Commissioner’s Annual Report, and all that may follow

Late last year the Commissioner of Taxation’s Annual Report was released by the Australian Taxation Office (ATO). A few key themes were evident in the report including the refinement...

Keeping it clean

Money laundering is big business, with an estimated $15 billion laundered annually in Australia. When coupled with the impression of respectability, legitimacy and credibility, the gatekeeper role played by...

The Fourth Industrial Revolution and its impact on Australian Accounting Firms

The Fourth Industrial Revolution is marked by emerging technology breakthroughs in a number of fields, including robotics, AI, quantum computing, 3D printing, bio technology & the internet of things.

Klaus...

Beat Burnout- How to get more done when you just can’t stop…

Are you working around the clock and wondering how to get your life back?

Every accounting practice is looking for that “quick fix” solution to being overworked. But when you’re...

CommBank Professional Services Insights – Feb 18

The professional services industry is undergoing deep and lasting structural changes, driven by disruptive technologies and shifting customer demands. But businesses of all sizes are responding to these challenges head...

End of year update from Business Fitness COO 2017

End of Year update

It’s an exciting time to be an accountant – despite some ‘industry experts’ continuing to proclaim that compliance is dead (or “if you’re not 100% cloud,...

New Law. Higher Penalties. Now In Effect.

The Fair Work Amendment (Protecting Vulnerable Workers) Act 2017 has now come into effect. This means new, higher penalties for serious contraventions of workplace laws and record keeping breaches...

ESS BIZTOOLS & IODM JOIN FORCES

ESS BIZTOOLS and IODM join forces to tackle Debtor Problem

Australian small/medium enterprises were awarded the dubious title of having the “Longest Debtors’ Days Outstanding In The World” in November...

Class Media Release – Nicolette Rubinsztein appointed as an Independent Non-Executive Director

Nicolette Rubinsztein appointed as an Independent Non-Executive Director

3 April 2017 – Class is pleased to announce the appointment of experienced wealth management executive Nicolette Rubinsztein to the Board as...

Crowd Funding Companies – Delayed

Unfortunately the Senate had not finalised its voting on the Federal Government’s Crowd Funding Companies legislation when the Senate adjourned for the double dissolution election.  Hopefully, when the new...

Commonwealth Bank’s Accounting Market Pulse – May 2016

Economic Outlook

The Australian economy continues to work its way through a transition away from mining-driven growth towards stronger outcomes from residential construction and the services areas of tourism, accommodation,...

5 Saasu Gems to Make Your Accounting Easier

Being a CPA candidate and a Client Manager at Saasu gives me the unique opportunity to hear a lot about people’s business problems and show them how to use Saasu...

Knowledge to Grow and Succeed

Why is CPD important and why does it matter?

Providing a service relies on not only experience, but knowledge.

In the ever-changing world of taxation it is crucial to maintain your...

Server vs. Online – the choice is yours

Technology is the talk of the town lately – and we’re not going to lie, it’s pretty exciting. From cloud apps to big data to self-driving cars, the world...

More Value for Your Training Investment

Our clients are telling us that they want more value for their training investment when it comes to their graduates training. Sending graduates to long theoretical based programs where...

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