By Malavika Santhebennur
Top 100 public groups show strong assurance resultsTax Office data has revealed high levels of assurance across large and public multinational businesses.
Tags: ato, income tax, assurance, gst, 100
PROFESSION • Malavika Santhebennur
The accounting giant has refused to back limits on partner numbers at accounting firms and has said this would not address governance concerns at large partnership firms.
PROFESSION • Malavika Santhebennur
The government’s draft legislation outlines how the FBT exemption for EVs will be trimmed in three phases from 2027 to 2029.
Tags: tax reform, employer, federal budget 2026, law
PROFESSION • Carlos Tse
After failing to complete three audits of NDIS scheme accommodation in line with the Australian Auditing Standards, a former auditor has had his registration suspended until mid-2028 and has been ordered to pay nearly $94,000 in costs.
PROFESSION • Malavika Santhebennur
A liquidator who was forced to repay ASIC over $24,000 in 2015 has cancelled his registration following questions over whether he was a fit and proper person to stay registered.
Tags: ato, ASIC, fte, enforcement undertaking, liquidator
PROFESSION • Malavika Santhebennur
The large accounting firm has rejected a Treasury proposal that would limit how long an audit firm could be appointed as auditor of a reporting entity.
Tags: firm, auditing, pwc, audit, submission, misconduct, conflict of interest, audit reform
PROFESSION • Carlos Tse
One company has failed in its arguments of unfair preference and insolvent transactions to secure $7 million in repayments from the Tax Commissioner, who identified an alleged insolvency as a “mere presence of a liquidity problem”.
Tags: News, tax, insolvency, AI, 344, 179, company, claim, commissioner of taxation, 624, 186, 601, supreme court of western australia
PROFESSION • Carlos Tse
The firm has welcomed a former big four director to its international trade and customs team in Sydney.
Tags: News, tax, appointments, partner, BDO, Australia, KPMG, director, partnership
PROFESSION • Malavika Santhebennur
A new report has forecast a looming workforce gap in the accounting profession, particularly among junior external auditors.
Tags: tax, employment, immigration, research, auditing, ca anz, audit, labour market, accountants
PROFESSION • Malavika Santhebennur
The big four firm has refused to support a proposal to slash the partnership limit for accounting firms, arguing it would have “significant” negative impacts.
PROFESSION • Malavika Santhebennur
The government has been slammed for signing two new defence contracts with KPMG Australia while it has a temporary freeze on the firm.
Tags: Greens, financial services, KPMG, audit, misconduct, contract, ban, government contracts