By Carlos Tse
Xero welcomes new senior VP as CTO steps downXero’s chief technology officer has resigned, and the platform has appointed a new senior vice president to its engineering, payments, and AI transformation team, who will start in August.
Tags: News, resignation, resident, xero, appointment
PROFESSION • Matthew Taylor
ASIC has launched Federal Court proceedings against Auditeo Australia and two auditors over alleged serious audit failures linked to the First Guardian Master Fund.
Tags: News, regulation, compliance, legal, AI, ASIC, Corporations Act, audit
PROFESSION • Carlos Tse
A construction company has failed to convince the court that it was solvent after it was issued a winding-up application for unpaid subcontracting work allegedly worth over $100,000.
PROFESSION • Miranda Brownlee
The Tax Institute has urged the government to address the gap between the breach reporting obligations for registered tax and BAS agents and access to whistleblower protections under the tax whistleblower regime.
Tags: News, government, report, whistleblower, reporting
PROFESSION • Carlos Tse
With small businesses turning to valuation practitioners to assist them in the restructuring process out of discretionary trusts, and with impending CGT changes on 1 July 2027, one valuation expert has said that this poses an earning opportunity for tax practitioners.
Tags: News, CGT, tax, restructuring, 179, 187, valuations
PROFESSION • Matthew Taylor
The big four firm says final decisions regarding potential cuts to roles are yet to be made as the firm reviews its broader operating model.
Tags: News, governance, KPMG, Leadership, whistleblower, audit, misconduct, FY27, taxation
PROFESSION • Matthew Taylor
The association has called for whistleblower protections for individuals and entities who disclose information to professional bodies, along with other changes.
Tags: News, AML/CTF, KPMG, whistleblower, financial advice, inquiry
PROFESSION • Matthew Taylor
Accounting firms are increasingly shifting their focus from traditional compliance roles to advisory services, such as strategic guidance and analytics, to cultivate deeper relationships with their clients, according to a NAB report.
Tags: News, tax, NAB, report, firm, advisory, accounting, professional development
PROFESSION • David Hollingworth
Infamous cyber extortion group ShinyHunters has given the professional services giant until the end of the month to pay up or face a data leak.
Tags: News, Cyber Daily, cyber security, AI, claim, EY
PROFESSION • Carlos Tse
The Supreme Court of ACT has dismissed a massage parlour owner’s proceedings against a solicitor, administrators, and an insolvency practitioner who assisted him with putting his debt-ridden business under voluntary administration.
Tags: News, ato, tax, ACT Supreme Court, fte, 179, 523, debts, voluntary administration
PROFESSION • Matthew Taylor
The corporate regulator has pursued administrative action against 36 approved SMSF auditors between January and June this year, increasing the total actions against SMSF auditors to 64 for FY26.