So it’s official, we are in a recession – 2020 has delivered none of what it promised, yet delivered heartache and pain for a lot of people. I’m sure...
Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution
The Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020....
ATOmate & SuiteFiles launch their integration to automate the sorting, signing, and filing of all ATO correspondence.
ATOmate & SuiteFiles have announced their integration, which allows you to combine both systems to automate the management of all ATO correspondence. ATOmate will sort all correspondence that arrives...
Four ways to help your clients and your firm during COVID
The ongoing pandemic has provided both challenges and opportunities for business...
JobKeeper employee eligibility date changed to 1 July 2020
Aug 19, 2020 | COVID-19 updates, News
Changes to employee eligibility for JobKeeper
The JobKeeper scheme is currently legislated to end on 27 September 2020. On 21 July 2020, the...
Coming back post Covid: navigating the new normal
It’s been a heck of a year, and while we’ve all been wondering when life will return to normal, with Covid-19 continuing to have a significant impact on the...
Market Update: August 2020
COVID-19 Brought most deals to a stand still in early March 2020 – normally very busy month for transactions in the Accounting profession.
Pre Covid deals are being completed now...
CYBER SCAMS: THE OTHER PANDEMIC AND HOW TO GUARD AGAINST THEM
The federal government is advising Australians to be extra vigilant regarding online scams due to an increase in fraudulent activity during the COVID-19 pandemic.
The government has also finally unveiled its delayed cyber security...
What do the new SMSF Auditor Independence Requirements mean for your firm?
The restructured APES 110 Code of Ethics for Professional Accountants (including Independence Standards) came into effect on 1 January 2020. In May 2020, the Independence Guide was...
Trustee responsibility, professional judgement and the new rules for SMSF audit
A new Independence Guide for SMSF auditing has become mandatory for audits in Australia. The Guide incorporates changes to the restructured APES 110 Code of Ethics for Professional Accountants...
A Real Shift in the Accounting Marketplace
In my career as a Listed Public Company Secretary and Chief Financial Officer, Principal in an accounting firm and a Consultant for a major government program, I’ve noticed a...
How to Communicate Your Value as a Business Advisor
An interview with Sian Kelly, Managing Director at Inform Accounting
It’s the advisory work like budgets, cash flows and KPI reporting that clients...
Market Update August 2020
Pre Covid deals are being completed now and up to September – overall, averaging a 4 month delay that may blowout to 6 months
Most Accountants in March 2020 were...
Australian Startup Helping Accountants Rethink & Optimise Technology
FuseWorks, a Brisbane based software company was founded in 2015 by Chartered Accountant Melissa Voss and Software Developer Scott Barber. After creating a tool to be used in house...
How to increase the value of your Accounting firm by helping your clients reach their goals
I see a lot of Accounting firms have diversified into Financial Planning which is an absolute logical next step, and a requirement if you are to keep giving your...
FASEA Standard 8 Record Keeping Obligations | How to comply
As a result of the Royal Commission report, FASEA has introduced a Code of Ethics for financial planners that includes extra record-keeping obligations.
However, the...
