PROFESSION • Miranda Brownlee
The supply of new entrants to the accounting profession is contracting. At the same time, demand for tax professionals continues to rise off the back of increasing regulatory complexity, according to...
Tags: News, tax, Australia, war, the tax institute
PROFESSION • Malavika Santhebennur
A governance adviser has urged the PJC to consider how to inoculate KPMG and all other auditors, accountants, regulators, company directors, economists, and the public against ethical blindness.
TAX • Carlos Tse
Running a business from home can come with added complexities, including claims for the main residence exemption and determining how deductible expenses apply, cautions a tax partner.
TAX • Carlos Tse
To improve the discretionary trust minimum tax framework and give trustees more options, the FAAA has called on the government to amend the draft legislation to address major certainty issues.
Tags: News, AI, discretionary trust
PROFESSION • Miranda Brownlee
The mandatory structural separation of audit and consulting functions is the “only viable remedy” for the systemic failures within the big four professional services firms, according to a group...
PROFESSION • Carlos Tse
Moore Australia’s Victoria and Tasmania operation has welcomed a new director to its corporate and international tax team.
PROFESSION • Malavika Santhebennur
ASIC has confirmed that the embattled accounting firm has continued to claim legal professional privilege over more than 70 documents and has failed to produce them.
Tags: News, legal, AI, KPMG, ca anz, ASIC, audit, misconduct, disclosure obligations, claim, disclosure, documents
PROFESSION • Malavika Santhebennur
The corporate regulator has remade a legislative instrument on qualified accountants after its consultation received only two submissions.
Tags: News, ASIC, accountants
COMPLIANCE • Carlos Tse
Sustainability reporting by corporate entities has improved, with ASIC saying that disclosure reporting has become clearer than when these disclosures were voluntary.
Tags: News, NAB, report, AI, sustainability, sustainability reporting, ASIC, reporting, review
PROFESSION • Carlos Tse
After engaging KPMG as its auditor since its ASX listing in 2000, the board of Insurance Australia Group plans to run its external audit tender process in FY27 to address audit tenure, leaving the...
PROFESSION • Carlos Tse
The mid-tier firm has appointed its audit and assurance partner of nearly 20 years as its national head of not-for-profit.