How to effectively manage actions, tasks and projects in professional firms
The festive season is a time to unwind and celebrate with your family. To make this break even better you can look forward to returning to work refreshed and embracing new processes that make your day-to-day workload less tedious. How? By looking at automation...
What do the following functions have in common? The ability to maintain focus and attention, to be fully present and alert The capacity to manage our emotions and stay cool under pressure The discernment to establish a good decision from a poor one The emotional...
Business Fitness & ATOmate are excited to announce their integration partnership, joining forces to eliminate the administrative burden of processing ATO documentation. The integration between Business Fitness’ document management platform, HowNow, and ATOmate...
The new Independence Guide clarifies that an auditor cannot audit an SMSF if they prepared the financial statements for the SMSF unless it is a "routine or mechanical service", however the ATO has clarified that the “routine and mechanical” exception is very hard to...
Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence to trade through Covid-19. One such important measure was that directors...
Reciprocal auditing arrangements where SMSF firms enter into audit arrangements for one another risk breaching new independence requirements, the ATO has clarified. The restructured Independence Guide in the APES 110 Code of Ethics for Professional Accountants has...
When you are running your own business it’s natural to want to handle all the operations. However, when in the finance and accounting industry, there are a lot of time-consuming tasks that need to be done but may not be the best use of time for your highly qualified...
