What the banking royal commission means for SME lending

What the banking royal commission means for SME lending

These are nervous times for the Australian banking sector. The banking royal commission is stepping up its investigation into the conduct of the major banks and financial institutions. It is expected that this may lead to a new lender landscape, with many candidates...
IPA pushes for return of accounting exemption

IPA pushes for return of accounting exemption

IPA chief executive Andrew Conway said members recently have been asking them to take the issue of the removal of the accountants’ exemption up with the government.He said the IPA has always maintained that it will act in the best interests of members, and that the...
Ombudsman advocates $80,000 increase in asset write-off

Ombudsman advocates $80,000 increase in asset write-off

ASBFEO Kate Carnell told the parliamentary house inquiry into impediments to business investment that the current $20,000 write-off policy “is a really good one” and would like to see it put into longer-term policy.She said that a decision of just inserting the...
Accountants complacent to cyber risk, expert warns

Accountants complacent to cyber risk, expert warns

In a contributed column for Public Accountant, Kamino Cyber Security Services and Midwinter Financial Services managing director Julian Plummer noted how cyber risk is a key area of risk management within a firm but not very well-understood by accountants.He said...
Agile accounting climate to benefit small firms, says CEO

Agile accounting climate to benefit small firms, says CEO

Speaking to Public Accountant, chair of Walker Wayland and Power Tynan chief executive, Paul Hilton, said the accounting industry is moving more towards a culture of collaboration than it has been in the past.He said agility is becoming more important in the...