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Six AI reflections and 2026 outlook for professional services firms

Nick Kervin and Fahim Khondaker | 1 minute read

As 2025 comes to a close, BDO's national digital leader, Nick Kervin, and digital partner, Fahim Khondaker, reflect on AI use in the professional services sector.

Accounting Times’ top 10 stories for 2025

A look back into some of the top headlines in accounting news this year with a recap of Accounting Times’ top 10 most-read stories this year.

University of Tasmania signs EU to back pay $21.4m to over 10,000 staff

Earlier this month, the University of Tasmania signed an enforceable undertaking to complete over $20 million in payments to more than 10,000 underpaid staff.

5 essential succession steps family businesses are taking as we approach 2026

As Australia prepares for an unprecedented $3.5 trillion intergenerational wealth transfer, family businesses stand at a pivotal crossroads.

The trends that will shape accounting practices in 2026

At the end of an exhausting year, it’s time to peer into the crystal ball and start to think about the year ahead.

Top 5 court stories for accountants in 2025

From big-four partner sackings to landmark tax cases, here are some of the top court stories covered by Accounting Times in 2025.

AUSTRAC to investigate Bendigo Bank following ‘significant’ AML/CTF deficiencies

AUSTRAC and APRA have taken enforcement action against Bendigo Bank after finding “significant deficiencies” in its management of AML/CTF risks.

Productivity Commission calls for corporate tax and regulatory overhaul
‘Now is the time to act’: AUSTRAC flags AML/CTF implementation changes

AUSTRAC is warning that businesses currently regulated under the AML/CTF Act are set to face changes to their implementation obligations from 31 March 2026.

Hall Chadwick steams ahead with ‘aggressive’ growth strategy

The accounting firm has taken the next step in its global expansion mission with the addition of an Indonesian accounting and advisory firm to its network.

Treasury opens consultation for Div 296 just in time for Christmas

Treasury has opened consultation for its amended Div 296 super tax bill just in time for the holiday period, giving stakeholders until 16 January to respond with feedback.

RBA hands down progress report following 2022 independent review

The RBA has delivered its progress report following an independent review in 2022, detailing a shift to a more transparent, collaborative approach to monetary policy.