Beyond the grid: AI inventors target Excel’s formula
For 40 years, Excel has seen off every challenger. Now AI innovators think they may finally have the recipe that can break Microsoft's spreadsheet dominance.
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Heed some advice
Heed some advice
Believe it or not, doing nothing is a popular option. People often lack conviction that the solution they’ve divined will actually solve the...
New taxation ruling
New taxation ruling
Taxation Ruling TR 2012/8 This ruling provides the commissioner’s views on whether amounts received in respect of legal costs incurred in...
Tax law report – February 2013
Tax law report – February 2013
The Administrative Appeals Tribunal (AAT) has held that an employee of a suburban tax practice who had client funds improperly paid into his...
Tax law report – Feb/Mar 2013
Tax law report – Feb/Mar 2013
The Administrative Appeals Tribunal (AAT) has held that an employee of a suburban tax practice who had client funds improperly paid into his...
Investing in the future
Investing in the future
The Australian Taxation Office’s statistical report from June 2012 indicates that 34.1 per cent of all new SMSF members and 15.6 per cent of all...
The cloud expands to HR
The cloud expands to HR
Impetus for change These days, small companies can use new cloud technologies to create their BAS and income tax returns and lodge them direct...
Taking advice outside
Taking advice outside
Why outsource? A key benefit for accountants looking to outsource is that it lets you stick to your knitting with tax/compliance services. Many...
Watch out for these reporting issues
Watch out for these reporting issues
1. Revenue recognition Revenue should be recognised in accordance with the substance of underlying transactions, including: that services...
Cloud removes hassles of IT integration
Cloud removes hassles of IT integration
The rise of cloud-based offerings – like the accounting system Xero, the customer relationship management (CRM) application salesforce.com and...
Operation backup
Operation backup
Challengingly, research shows SMBs don’t have a ‘plan B’ often enough. Why is this important? Simply, no IT system is bulletproof. If it does go...
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