By Malavika Santhebennur
You can’t ‘just say AI told me’: ATO lays out position on taxpayer use of AIAs the ATO develops public advice on guidance on taxpayer use of AI in tax affairs, it emphasised that the onus of accuracy ultimately lies with the taxpayer and their accountant.
Tags: News, ato, tax, Artificial Intelligence, AI, taxpayer, accountability, accountants, taxation
PROFESSION • Carlos Tse
With significant change underway across all industries, driven in large part by the growth of AI and technology, it’s important to remember what truly matters in professional services: nurturing relationships built on trust, so clients feel confident and supported no matter how the landscape evolves, writes Steve...
Tags: Opinion, News, HLB Mann Judd, trust
PROFESSION • Malavika Santhebennur
A taxpayer’s application to waive interest charged on his unpaid land tax for 2025 and 2026 across five NSW properties has been rejected after he failed to prove it was justified.
PROFESSION • Carlos Tse
Some of Australia’s biggest companies reflected on how they tackled the first wave of mandatory sustainability reporting at an accounting body’s event earlier this month.
PROFESSION • Carlos Tse
While some company directors may not have significant financial acumen, they must ensure that the company’s financial statements are properly prepared to avoid potential penalties.
Tags: News, finance, HLB Mann Judd, financial reporting, director, 600, 270, review, 780, directors
PROFESSION • Malavika Santhebennur
The government’s proposal to double the large proprietary company thresholds is “purely arbitrary” and without basis, according to a financial reporting and auditing specialist.
PROFESSION • Malavika Santhebennur
The corporate regulator approved less than a quarter of all auditor applications in 2025–26 even as auditor numbers shrank, according to a new report.
PROFESSION • Carlos Tse
The Supreme Court of Queensland has dismissed a Brisbane developer’s dispute against a creditor’s statutory demand from tenant Starbucks Australia.
PROFESSION • Malavika Santhebennur
The corporate regulator has agreed to cancel the registration of a company auditor after surveillance found audit quality concerns.
Tags: News, ASIC, advisory, audit, accounting advisory, auditor, registration
PROFESSION • Carlos Tse
The mid-tier firm has welcomed a new partner to its financial advisory practice in Brisbane, who brings deep transaction experience.
Tags: News, appointments, partner, grant thornton, advisory, 364, 285, 489, financial advisory
PROFESSION • Malavika Santhebennur
In its latest update, the corporate regulator has said it has received more than 150 reports of misconduct relating to the big four accounting firms over the past three years, up from reported figures in September.
Tags: News, regulation, report, KPMG, Big Four, ASIC, allegations, big 4, Parliamentary Committee, misconduct, reports