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ANAO deep dives on ASIC regulation of big audit firms

ANAO deep dives on ASIC regulation of big audit firms

The Auditor-General is taking a close look at how ASIC regulates the big four audit companies and whether the regime is fit for purpose.
ASIC admits providing disciplinary evidence to accounting bodies

ASIC admits providing disciplinary evidence to accounting bodies

ASIC has reached beyond its jurisdictional boundaries by providing information to the major accounting bodies - CPA Australia and CA-ANZ
Privacy laws undermine accountants’ disciplinary regime

Privacy laws undermine accountants’ disciplinary regime

Privacy legislation is acting as an impediment to information sharing between the major accounting groups and opening regime to gaming.
Transparency in business

Benefits outweigh costs of adviser access to ATO portal

Mike Taylor 5 March 2025 2 Comments

Financial advisers are being handicapped and in some cases penalised because they do not have appropriate access to the ATO tax portal.

New appointment

AZ NGA appoints new group CFO

Patrick Buncsi 25 February 2025 No Comments

AZ NGA has named former Fitzpatricks CEO Jodie Blackledge as group chief financial officer (CFO).

election vote

CA-ANZ puts accountant advice delivery top of election wish list

Mike Taylor 13 February 2025 7 Comments

Major accounting group, CA-ANZ has placed legislating for accountant advice delivery top of its 2025 Federal Election wish list.

Banning

TPB bans tax agent in fraud crackdown

Patrick Buncsi 11 February 2025 No Comments

The Tax Practitioners Board (TPB) has imposed a five-year ban on a Sydney tax agent alleging he defrauded government tax systems.

Climate change

Accounting body welcomes new sustainability reporting standards

Yasmine Raso 31 January 2025 One Comment

CA ANZ welcomed the introduction of new mandated sustainability and climate reporting standards as a massive boost to investor confidence.

Thumbs up, thumbs down inconsistent

ATO consistency – 3 identical cases, 3 different decisions

Mike Taylor 20 January 2025 One Comment

The ATO has been taken to task over inconsistency with CPA Australia citing three identical cases generating three different outcomes.

Banning

Tribunal upholds TPB sanctions against tax agents

Yasmine Raso 17 January 2025 No Comments

The Tax Practitioners Board has welcomed the ART’s decision to uphold sanctions brought against disqualified tax agents in three cases.


INDUSTRY NEWS

The future of equities

Financial Newswire Contributor 10 March 2025

Industry News

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Find out what Loomis Sayles’ Aziz Hamzaogullari had to say about the future of equities in our Next Decade Investing white paper.

Protect their futures. Grow your business. 

Financial Newswire Contributor 1 March 2025

Industry News

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By combining MLC Life Insurance’s 138-year history with the support of Nippon Life, Acenda will continue to offer competitive and innovative cover.

Thinking Local, Winning Global – Unit Registry as a Strategic Advantage

Financial Newswire Contributor 20 February 2025

Industry News

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 Unlock the potential of unit registry to streamline operations, strengthen investor relationships and transform data into a powerful tool for growth 

Outlook 2025: Plan for growth, Prepare for volatility

Financial Newswire Contributor 15 February 2025

Industry News

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After two years of weak returns, 2024 has proven to be a rewarding year for Australian investors. What will 2025 bring?


Filter

Finger pushes tax button

Tax debt changes will inappropriately punish honest taxpayers

Mike Taylor | 16 January 2025The FAAA has joined with accounting groups in opposing changes which would increase the cost of tax debts to individuals and business.
Using social media on phone and laptop

TPB urged to cite unethical accountants using social media

Mike Taylor | 16 December 2024The Tax Practitioners Board has been told it should provide examples of accountants using social media to encourage unethical behaviour.
Betashares launches Australian ethical bond ETF

CPA Australia offers new sustainability reporting micro-credentials

Yasmine Raso | 21 November 2024CPA Australia has introduced the first of three new sustainability-oriented micro-credentials for members.
THumbs down

Accounting groups still firm on ending accountant certificates

Mike Taylor | 18 November 2024The major accounting groups and the SMSF Association are standing firm on calls to end accountant certification of wholesale investors.
Rules and regulations

Accountants baulk at single disciplinary body

Mike Taylor | 11 November 2024The major accounting groups are baulking at the prospect of a single disciplinary body being imposed on the accounting profession.
CA ANZ appoints Prof Richard Holden as chief economist

Chartered Accountants ANZ recruits high-profile chief economist

Patrick Buncsi | 30 October 2024Chartered Accountants Australia & New Zealand (CA ANZ) has appointed veteran economist and commentator Professor Richard Holden as chief economist.

Clarity urged around using AI in advice

Mike Taylor | 21 October 2024Major accounting group, CA-ANZ has pointed to the implications for both accountants and financial advisers who use AI in advice delivery.
Exhausted and disappointed man

CA ANZ welcomes acknowledgement of accountants shortage

Yasmine Raso | 21 October 2024CA ANZ has accepted the inclusion of several components of accounting and auditing on Australia's Occupation Shortage list.