Accounting professionals react to tax agent regulation proposals Economy & Industry Professional accounting bodies have hit out at the federal government’s latest proposals aimed at tightening aspects of tax agent regulation.
Premium Insights and analysis Questions the parliamentary committee should ask Australia’s biggest accounting bodies October 5, 2023 By Tom Ravlic Economy & Industry The Parliamentary Joint Committee on Corporations and Financial Services needs to press accounting bodies on what they define as being in the public interest.
Premium Insights and analysis Global interest in Australia’s accounting inquiry October 5, 2023 By Tom Ravlic Economy & Industry Accounting bodies the Public Interest Oversight Board and the International Ethics Standards Board for Accountants have made submission to the Joint Parliamentary Committee on Corporations and Financial Services.
Premium Insights and analysis Ethical standards body ponders government takeover August 21, 2023 By Tom Ravlic Economy & Industry The Accounting Professional and Ethical Standards Board (APESB) has floated the idea of a federal government takeover of its operations.
One third of Australians feel like they need to find a second job June 28, 2023 By Melissa Coade Economy & Industry More Australians are looking for a second job, shows a CPA Australia poll, as more people are squeezed by cost-of-living pressures.
Premium Insights and analysis Greater oversight needed to ensure accountants act in the public interest June 20, 2023 By Tom Ravlic Economy & Industry Oversight hearings that would see accounting bodies give evidence to parliamentary committees would provide greater insight and transparency.
Difficult road ahead for disqualified tax agents June 6, 2023 By Tom Ravlic Economy & Industry Bill amendments state a ‘disqualified entity’ cannot be used by a registered agent to do tax work without the TPB approval.
CPA Australia warns ACT government of consultation overload March 13, 2023 By Tom Ravlic Australian Capital Territory The association also asked the territory government to consider the development of scalable, standardised small-business disaster support.
Financial services organisations slam super rules impacting ‘mate’s rates’ February 23, 2023 By Tom Ravlic Economy & Industry Accountants, lawyers, tradesmen and real estate agents risk breaching laws that have complicated arm’s-length transaction rules, they said.
Financial bodies unite to call for greater access to child abuse offenders’ super February 21, 2023 By Tom Ravlic Economy & Industry The peak bodies have responded to a government discussion paper that recommends victims be compensated from superannuation funds.
Government simultaneously defends and keeps its distance from inflation forecast December 8, 2022 By Tom Ravlic Economy & Industry Jim Chalmers and Katy Gallagher say higher interest rates are the Reserve Bank trying to get inflation under control.
How service performance reporting dropped off the to-do list October 19, 2022 By Tom Ravlic 2022 Modernising Government Agencies Special Report Coordinating service performance reporting has been on the government’s radar for years but there is still no national standard.
Accounting body asks government to use climate-change analysis in Budget decisions October 19, 2022 By Tom Ravlic Economy & Industry CPA Australia wants climate-change impact incorporated into the Budget to show acknowledgment of environmental impact of economic decisions.
Premium Insights and analysis What happened to the audit regulation report? April 20, 2022 By Tom Ravlic Editors' Picks The area of auditing gets bugger-all love in Australia unless there is a controversy that helps propel a narrative.
Budget a pre-election cash splash: Labor March 30, 2022 By Tom Ravlic Federal Shadow treasurer Jim Chalmers said the budget is the government’s pitch for another three years in office.
