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 Financial Reporting Council calls for greater imagination to fix auditing gaps November 10, 2023 By Tom Ravlic Economy & Industry The FRC wants more creative thinking in the design of regulatory solutions for auditing, with not every auditor category having oversight.
Tax Practitioners Board annual report shows mixed results October 30, 2023 By Tom Ravlic Economy & Industry The TPB only partially achieved its goal of identifying and dealing with unregistered tax preparers, reveals its annual report.
Bill letting ministers alter tax agents’ Code of Professional Conduct by regulation open for comment November 21, 2022 By Tom Ravlic Federal Comments on draft legislation to tweak the regulatory regime for tax agents are open until 11 December 2022.
Public’s trust in, usage of tax agents increases November 2, 2022 By Tom Ravlic Economy & Industry The Tax Practitioners Board says 91% of consumers use a tax agent at least once a year, and that loyalty to chosen tax agents is strong.
Dozens of tax agents deregistered but overall complaints to watchdog down November 1, 2022 By Tom Ravlic Economy & Industry The Tax Practitioners Board assessed almost 1296 complaints during the 2021-22 financial year, down from 2014 the previous year.
