by Annie Lawson | Nov 1, 2024 | Features, Driving change, Technology
The IPA survey this year showed more than 15 per cent of respondents felt fully prepared for the twin challenges of technology and compliance. However, 73 per cent were somewhat prepared and more than 11 per cent felt not at all prepared. Issues...
by Andrew Conway, CEO, Institute of Public Accountants | Oct 31, 2024 | Blog
Andrew Conway, CEO, Institute of Public Accountants The question now arises: Could it be possible to create a completely virtual PAO? As the CEO of the Institute of Public Accountants, I believe the answer lies not just in possibility, but in exploring the opportunity...
by Dr Xiaoxin Chen | Oct 30, 2024 | Features
Key points AI-powered system combines robotic process automation and machine learning to detect suspicious transactions more effectively. The new system automates preliminary checks and can temporarily freeze high-risk accounts, while providing analysts with...
by Annie Lawson | Oct 29, 2024 | Features, Compliance and Standards
Key points The ATO’s new tax agent rules require stricter justification for deadline extensions, with late client paperwork not accepted as a reason for deferrals. All new clients must be registered by 31 October 2024, with the ATO providing fast-track...
by Miranda Brownlee | Oct 28, 2024 | News
Draft policy guidance to assist tax practitioners in understanding the new obligations contained within the final version of Tax Agents Services (Code of Professional Conduct) Determination 2024 has now been released for consultation. The Tax Practitioners Board...
