In January 2024, the Australian Government unveiled a landmark policy statement introducing mandatory climate-related financial disclosures for certain entities under the Corporations Act 2001. The Government is committed to improving the quality of climate-related...
Featured Articles
Special articles relevant to current issues and challenges for accounting firms
Turn your business into a profit powerhouse
by Bronwyn Smith | Jul 18, 2022 | Featured Articles, Financial Services, Practice Management
Any accountant or financial adviser, particularly those working in the SMSF space would have experienced downward pressure on profits over the last 5 years. Increased complexity and compliance requirements have led to a blow out of SMSF administration time, and it can...
Audit Shield claims activity across Australia 2021-22
by Accountancy Insurance | Jul 18, 2022 | Featured Articles, Financial Services
Every accountant knows that audits or reviews of your client’s tax returns, or financial compliance obligations can sometimes be unavoidable. When an audit hits, this is rarely a reflection of the work put into preparing the return and is more often due to a specific...
Cybersecurity and External Audits – Risk and Response
by Danielle Nye | Jan 19, 2022 | Business Services, Featured Articles
Over the last few years, there has been considerable integration of technology within the process by which entities operate, including increased reliance on internet connectivity. These changes have been accelerated by the impact of COVID-19 on the way businesses...
Where do you do your best work? (And why is that so?)
by Rob Pillans | Sep 21, 2021 | Business Services, Client Management, Featured Articles, Financial Services
Have you ever stopped to ponder this question? Two things have prompted me to do so: The obvious impact of COVID which has found people working in different physical spaces to where they might normally work; and Renovations at home mean I am temporarily out of my much...
Bang for buck process automation for accounting practices: 3 business processes you can automate with little effort and big returns
by Stan Corner | Sep 15, 2021 | Business Services, Client Management, Featured Articles, Financial Services
When was the last time you stepped back and critically reviewed your key business processes? Is your current way of working still the best way for your team and your clients? With client needs, and team capabilities constantly changing, we recommend you pause and...
Ransomware – Are you the Next Target?
by Karen McDonald | Sep 7, 2021 | Business Services, Client Management, Featured Articles, Financial Services
In 2021, many Australians fell victim to ransomware attacks and the accounting industry was in the top three industry sectors to notify data breaches. The Office of the Australian Information Commissioner (OAIC) reported an increase of 24% in ransomware incidents from...