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‘Coursework in Australia is 40 years out of date’: Uni plans to modernise accounting degree

‘Coursework in Australia is 40 years out of date’: Uni plans to modernise accounting degree

by Shared by AccountantsDaily | Dec 5, 2017 | News

Victorian-based Deakin University will be upping its focus on integrated reporting, in response to global trends which indicates a shift in focus from annual reports. India, for example, has mandated that its top 500 listed companies produce an integrated report.Read...
Corporate execs struggling ahead of tax reporting deadlines

Corporate execs struggling ahead of tax reporting deadlines

by Shared by AccountantsDaily | Nov 30, 2017 | News

With the 31 December BEPS Action 13 deadline looming, a Thomson Reuters survey of 135 corporate executives and tax and transfer pricing executives found 90 per cent are reporting difficulties keeping up with new BEPS.Read the full story at Accountants Daily.
New accounting standard a “double whammy”

New accounting standard a “double whammy”

by Shared by AccountantsDaily | Nov 29, 2017 | News

The IFRS 16 Leases, issued by the International Accounting Standards Board (IASB), will be effective from 1 January 2019, requiring companies to bring most leases ‘on-balance sheet’, recognising assets and liabilities for the rights and obligations created by...
ASIC reveals details of accountant, adviser swoop

ASIC reveals details of accountant, adviser swoop

by Shared by AccountantsDaily | Nov 28, 2017 | News

As announced earlier this year, ASIC has been conducting a major shadow shopping exercise to test the legal compliance of advisers and accountants, with the report now slated to be released in the first quarter of 2018.Read the full article on Accountants Daily.
Tax agents fuelling non-compliance, ATO boss says

Tax agents fuelling non-compliance, ATO boss says

by Shared by AccountantsDaily | Nov 27, 2017 | News

This news was not well received by delegates at the IPA’s national congress on the Gold Coast, who told Mr Jordan tax agents in fact prevent clients from making claims they’re not entitled to.Read the full article on Accountants Daily.
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