Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

The Future of the Profession: Building the 21st Century Accountant

What will the accountant of the future look like? Technology and disruption are at the heart of any debate on the industry’s direction. But just how these will impact the systems, processes, roles and the service value proposition of the profession over the next decade is a fertile line of inquiry. Though one thing is certain, a rethink of the role of the accountant and the industry offering is inevitable.

The Future of the Profession: Building the 21st Century Accountant

The Future of the Profession: Building the 21st Century Accountant

What will the accountant of the future look like? Technology and disruption are at the heart of any debate on the industry’s direction. But just how these will impact the systems, processes, roles and the service value proposition of the profession over the next decade is a fertile line of inquiry. Though one thing is certain, a rethink of the role of the accountant and the industry offering is inevitable. … Read More

Tax and Accounting in the Digital world – Are you ready?

Tax and Accounting in the Digital world – Are you ready?

The “digital age”  has been one thrilling tech ride from innovation to innovation: PCs, the Internet, mobile devices, VR and AI. The speed of and depth with which these have transformed the way we live, and work is astounding. And yet, we still ask – what’s next? “The future is already here – it’s just […] … Read More

Companies warned over inconsistencies between BEPS filing and public data

Companies warned over inconsistencies between BEPS filing and public data

Australian companies facing their second year of reporting under new anti-tax avoidance laws are being warned to avoid inconsistencies with publicly available business information, reports the Australian Financial Review.  Obligations under the ATO’s base erosion and profit shifting action plan rules (BEPS) include local and country-by-country filing, with fines of up to $525,000 for anyone providing incorrect or […] … Read More

How much are spreadsheets hurting your business?

How much are spreadsheets hurting your business?

One of the most important aspects of running a business is reducing risk. This can be tackled in a multitude of ways but when it comes to tax compliance, there are simple steps you can take. For starters, any big businesses relying on Microsoft Excel spreadsheets to prepare your tax obligations either on a quarterly […] … Read More

Designing for people: Tax and the process of transformation

Designing for people: Tax and the process of transformation

Imagine being able to press pause on business operations and to take stock of your tax and accounting processes. To start afresh, removing the barnacles and band-aids, keeping what is working, and re-working what can be done better. Transforming it into a process “Utopia”. But even then, it would never remain in this “flawless” state. […] … Read More