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 start today. New obligations extending liability for underpayment and...
Latest News
Recent news updates on issues relevant to accounting and advisory firms
Can annual leave ever be non-current?
by For Accountants | Sep 7, 2013 | Latest News, Practice Management
Measurement (AASB 119) versus Presentation (AASB 101) considerations How should you classify and measure annual leave entitlements for an entity, and how must you report? Classification of liabilities as current or non-current can have significant impact on the...
MYOB Media Release: SME Research Proves Accountant + Advice = Revenue Rise
by For Accountants | Sep 4, 2013 | Latest News, Technology Support
Business advice from accountants proves valuable yet most SMEs have a tax-only relationship Small and medium business operators (SMEs) who use their accountant as a business advisor rather than only for compliance purposes have a greater likelihood of financial...
Top 10 SMSF Compliance Tips
by For Accountants | Sep 4, 2013 | Latest News, Practice Management
1) Record - keeping – Make sure you keep proper records for at least 10 years. Lodge your annual return on time. ATO can apply fines and penalties apply from 1 July 2013 for failure to prepare financial statements and keep proper records. 2) Investment Strategy -...
How Will The ATO’s Compliance In Focus 2013-2014 Affect Your Firm?
by For Accountants | Sep 4, 2013 | Latest News, Practice Management
The Australian Taxation Office (ATO) have recently unveiled their compliance strategies for the next financial year in the document, Compliance in focus 2013-14. What is new and what fits into the ‘same old, same old’ category? Lets start with the simple ‘same old...
Advertise your successes, show your client what you have done.
by For Accountants | Aug 9, 2013 | Latest News
Source: Page 226 - Selling the Invisible by Harry Beckwith Published by Thompson Texere
The necessary outcome of strategic planning is not analytical insight but resolve
by For Accountants | Aug 9, 2013 | Latest News
Source: Page 6 - Strategy and the Fat Smoker, doing what’s obvious but not easy. By David Maister Published by The Spangle Press