Blogs

Lee White CEO

Lee White

Tab 1

6 Oct 2015 @ 3:35 | Lee White

Corruption - the Next Business Battleground

Who knew that Volkswagen, famous for some of the iconic cars of our time - the Golf, the Beetle and the Passat - would also b...

Tab 2

22 Dec 2014 @ 1:07 | Lee White

A message from Lee White

                2014 has been an exciting year. I want to thank you for supporting us to drive the change you voted for. We...

Tab 3

1 Sep 2014 @ 5:08 | Lee White

Financial literacy makes dollars and sense

Having the knowledge to manage your own money and finances is one of the most important skills you can learn and apply every ...

Tab 4

1 Aug 2014 @ 12:09 | Lee White

Stand out from the graduate crowd

Chartered Accountants Australia and New Zealand is giving university students an exciting opportunity to gain work experience...

Tab 5

21 Jul 2014 @ 2:46 | Lee White

New capping liability scheme

The recent approval by the Professional Standards Council of our five year limitation of liability scheme provides much-neede...

Taxing issues

Michael Croker

Tab 1

1 Feb 2016 @ 1:08 | Michael Croker

Tread carefully with company interest tax deductions

The House Standing Committee on Economics will soon consider Australia’s company tax rules for deducting interest expenses. T...

Tab 2

29 Jan 2016 @ 10:46 | Michael Croker

Are Australians ready to forgo work-related deductions?

The Standing Committee on Economics will soon consider whether Australia’s tax rules for deducting work-related expenses shou...

Tab 3

18 Jan 2016 @ 12:42 | Michael Croker

Are Australians ready to do all things tax online?

Nearly all dealings with the ATO in the future will be conducted online according to an ATO Digital by Default consultation p...

Tab 4

14 Dec 2015 @ 12:28 | Michael Croker

The MAAL – a Bill with bi-partisan support – is blocked in the Senate

Last week was a surprise to those of us who thought “the MAAL” – contained in the Tax Laws Amendment (Combating Multinational...

Tab 5

13 Dec 2015 @ 10:50 | Michael Croker

New same business test for company tax losses an opportunity for innovative young tax practitioners

The recent Innovation Statement contained many worthy initiatives, but for tax people the change to the same business test (S...

Getting to the heart of members

Simon Grant

Tab 1

22 Apr 2013 @ 3:52 | Simon Grant

Leaning-in

Are you an inner or an outer, or just someone trying to keep all the balls in the air while managing a smile and trying to ha...

Tab 2

24 Mar 2013 @ 11:27 | Simon Grant

Looking out for number one

Welcome to the first instalment of my monthly blog, Getting to the Heart of Members. As the general manager of members, my re...

Audit

Liz Stamford

Tab 1

28 Jan 2016 @ 9:17 | Liz Stamford

Guiding you into the New Year

The New Year is a time for reflection, taking a breath from the previous year and looking forward to the new. This may seem d...

Tab 2

2 Dec 2015 @ 9:24 | Liz Stamford

Proud to be an auditor

I have just booked to go to the new James Bond movie when it opens. While the phrase “licensed to audit” doesn’t quite have t...

Tab 3

5 Nov 2015 @ 2:46 | Liz Stamford

Does one size fit all?

The age old debate around the suitability of the ISAs for audits of smaller entities has raised its head again. This time it’...

Tab 4

7 Oct 2015 @ 11:54 | Liz Stamford

Taking the complexity out of cutting edge

By Liz Stamford and Michael FraserOne of the preconditions for accepting an audit is that the financial reporting framework u...

Tab 5

10 Sep 2015 @ 1:10 | Liz Stamford

Is RoboAudit on its way?

There has been and will continue to be huge technology advances in our lives. The pace of technological change is now increas...

Reporting

Michael Fraser

Tab 1

4 Feb 2016 @ 2:06 | Michael Fraser

The Future of Financial Reporting: will you help shape it?

This New Year I found myself in the middle of a rubber plantation, explaining to my six-year-old how people from different co...

Tab 2

16 Dec 2015 @ 4:21 | Michael Fraser

Digital Disruption – what does it mean for us?

Chartered Accountants Australia and New Zealand recently launched a publication titled Disruptive Technologies: Risks, Opport...

Tab 3

19 Nov 2015 @ 2:35 | Michael Fraser

Reporting Essentials is coming to town

The festive season is nearly upon us. I know this because my local supermarket has been blasting shoppers with the same ten C...

Tab 4

21 Oct 2015 @ 1:00 | Michael Fraser

Reporting, Assurance and Ethics

By Michael Fraser and Liz Stamford Last month we launched our publication Are Australia and New Zealand Corrupt?  at a high-p...

Tab 5

30 Jul 2015 @ 1:23 | Michael Fraser

Are Australia and New Zealand Corrupt?

Given that sport and values of fair play form a large part of our national identity, the recent FIFA allegations have made us...

Financial advisory services

Hugh Elvy blog

Tab 1

16 Dec 2015 @ 4:14 | Hugh Elvy

Between a rock and a hard place – sales and professional standards

Critically for the Government and especially the financial services industry is the development of an enduring and robust eth...

Tab 2

26 Nov 2015 @ 3:22 | Hugh Elvy

Leadership and culture are vital for success

While it is more than 5 years since the global financial crisis, around the globe countries and their regulators are still tr...

Tab 3

1 Oct 2015 @ 12:50 | Hugh Elvy

Independence, the enduring debate

One of the enduring debates in the financial services industry is the value and importance of independence? Naturally within ...

Tab 4

26 Aug 2015 @ 3:03 | Hugh Elvy

How do we ensure there is greater access to affordable financial advice?

It is a generally accepted premise that the provision of quality financial advice is of value to all individuals to varying d...

Tab 5

27 Jul 2015 @ 1:14 | Hugh Elvy

Trust and confidence: Ethics or more rules?

As we all know the financial services industry both here and globally continues to go through ongoing regulatory reviews and ...

Tab 6

24 Jun 2015 @ 11:28 | Hugh Elvy

Ongoing change – greater need for more and better financial advice (for longer)

In the last few weeks a couple of issues have been debated and discussed that reiterate why it is critical that we get the de...

Tab 7

27 May 2015 @ 11:14 | Hugh Elvy

Professional and professionalism – another light globe moment

Currently in the financial services industry, there is a word or 2 that is getting used a lot, they are professional and prof...

Tab 8

26 Feb 2015 @ 2:46 | Hugh Elvy

The time is always right to do what is right.

2015 has well and truly commenced and many of us are wading through a range of consultations and recommendations from the Par...

Tab 9

16 Dec 2014 @ 10:15 | Hugh Elvy

FSI report: consumer imbalance, culture and leadership – more than just regulation

The Financial Systems Inquiry (FSI) report contained a range of recommendations that included reducing super fees, banning SM...

Tab 10

27 Nov 2014 @ 12:27 | Hugh Elvy

To be or not to be (licensed) that is the (immediate) question

The removal of the accountants’ exemption and the new limited licensing framework is a significant business decision for prof...

Superannuation

Liz Westover

Tab 1

29 Oct 2015 @ 1:25 | Liz Westover

Super Borrowing – is the government’s response to the FSI the right one?

Following the recommendation contained in the Financial Systems Inquiry (FSI) report to ban direct borrowing in superannuatio...

Tab 2

14 Oct 2015 @ 10:42 | Liz Westover

Winding up a self-managed super fund – who will advise?

With the removal of the ‘accountants’ exemption’ from 1 July 2016, professional accountants will no longer be able to recomme...

Tab 3

1 Oct 2015 @ 1:34 | Liz Westover

Lodging Auditor Contravention Reports – a risk factor or not?

SMSF auditors are required to lodge an Auditor Contravention Report (ACR) with the ATO when they identify a significant or ma...

Tab 4

17 Sep 2015 @ 1:59 | Liz Westover

Independent SMSF audits – no excuses

At the Chartered Accountants ANZ National SMSF Conference this week, ATO Assistant Commissioner Kasey MacFarlane fired off an...

Tab 5

20 Aug 2015 @ 10:35 | Liz Westover

Super Guarantee compliance

Employer’s compliance with their super guarantee obligations has been on my radar for some time.   While I appreciate the com...

Business policy & sustainability

Karen McWilliams

Tab 1

13 Jan 2016 @ 10:28 | Karen McWilliams

Accounting for sustainability will be critical for our future

Chartered Accountants ANZ have been members of the Accounting Bodies Network (ABN) of the Prince of Wales’ Accounting for Sus...

Tab 2

14 Dec 2015 @ 2:26 | Karen McWilliams

What is the future for offshoring?

Is Australia making a fundamental mistake of offshoring work?When we posed this question online earlier this year and it gain...

Tab 3

16 Nov 2015 @ 12:31 | Karen McWilliams

10 intellectual property lessons from around the globe

Chartered Accountants Australia and New Zealand have recently released their updated Business Briefing paper Maximising the p...

Tab 4

12 Oct 2015 @ 2:36 | Karen McWilliams

The impact of technology on our future infrastructure

Heather Watson, chair of the Chartered Accountants ANZ NSW Regional Council recently moderated an expert panel to discuss the...

Tab 5

5 Oct 2015 @ 11:33 | Karen McWilliams

The carbon bubble - accounting issues for fossil fuel reserves

Did you know that between 60-80% of coal, oil and gas reserves of publicly listed companies is ‘unburnable’ if the world is t...

Practice management

Paul Meredith

Tab 1

2 Jun 2014 @ 11:05 | Paul Meredith

Be alert to ethical challenges on social media

Accountants' use of social media is increasing. A recent survey of UK accountants showed three out of four accountants now us...

Tab 2

4 Feb 2014 @ 10:53 | Paul Meredith

Can a CA witness a statutory declaration?

In an ideal world, questions like whether a CA can witness a stat dec would have a simple Yes or No answer. It will come as n...

Tab 3

4 Feb 2014 @ 10:24 | Paul Meredith

How to witness a statutory declaration

Now that we've established whether a CA can witness a statutory declaration, let's examine what the witness needs to do.Accor...

Tab 4

23 Dec 2013 @ 11:13 | Paul Meredith

Fraud Risk Self-Assessment Tool

Any business is potentially at risk of fraud. Accountants can assist their clients, and themselves, to identify the controls ...

Tab 5

13 Dec 2013 @ 12:10 | Paul Meredith

Handover of electronic data on change of accountant

When a client transfers to another accountant, the Institute's Regulation 9 requires that a member in public practice must pr...

Corporate Governance

Geraldine Magarey

Tab 1

23 Sep 2015 @ 10:12 | Geraldine Magarey

The World Cup for talent

It is not just Australian and NZ rugby players who are currently heading to the UK to compete. Ten of Australia’s most promis...

Tab 2

23 Jun 2015 @ 4:18 | Geraldine Magarey

Fast Forward: leading in a brave new world of diversity

Diversity is often portrayed as something that is nice to do. However, recently at two future[inc] events I have heard busine...

Tab 3

18 Dec 2014 @ 12:53 | Geraldine Magarey

Quotas for Germany – is this a sign of things to come?

Germany is the largest economy in Europe and the fourth largest in the world. It has an elected female chancellor in Dr Angel...

Tab 4

17 Nov 2014 @ 10:52 | Geraldine Magarey

Protecting our cyber future

The world of crime has evolved. Twenty years ago criminals would physically walk into a bank, hold up the staff and customers...

Tab 5

17 Oct 2014 @ 1:21 | Geraldine Magarey

Chartered Accountants to take up pay equity challenge

CEOs and business leaders who have acted on gender pay equity often mention a light bulb moment which made them see gender eq...

Education

James Guthrie

Tab 1

28 Jan 2016 @ 9:13 | James Guthrie

How to be relevant in 2016?

With the New Year now officially in full swing it’s time to take stock. While New Year’s resolutions may have been made in ha...

Tab 2

17 Nov 2015 @ 1:48 | James Guthrie

The World of Work

I am in Auckland today on a roadshow to promote the Chartered Accountants Australia and New Zealand Academic Leadership Serie...

Tab 3

17 Sep 2015 @ 11:07 | James Guthrie

The future of jobs

Today in Sydney I am attending the National Economic Review 2015 – The Future of Jobs at Parliament House NSW. An impressive ...

Tab 4

17 Aug 2015 @ 11:19 | James Guthrie

What are the top three work-related issues for Chartered Accountants?

I am in Singapore today on a road show to launch the new CA ANZ/RMIT Academic Thought Leadership publication Future Proofing ...

Tab 5

17 Aug 2015 @ 9:46 | James Guthrie

Are we suffering from an emerging skills gap?

I am in Johor, Malaysia today to talk about Chartered Accountants Australia and New Zealand’s latest publication Future proof...

Leadership & Advocacy

Rob Ward

Tab 1

11 Dec 2015 @ 12:02 | Rob Ward

China: One step closer to global economic integration

 Acceptance of the yuan into the IMF’s basket of reserve currencies confirms China as an economic superpower.Last week the In...

Tab 2

15 Mar 2015 @ 10:09 | Rob Ward

Bitcoin: a disaster waiting to happen?

This editorial piece appeared in The Australian March 16 2015.AROUND the world, national governments are struggling to unders...

Tab 3

16 Feb 2015 @ 2:45 | Rob Ward

Why the upcoming federal budget should avoid tax announcements

Tax announcements in the upcoming federal budget should not be expected. If the government release piecemeal tax announcement...

Tab 4

20 Nov 2014 @ 12:23 | Rob Ward

Live blog: World Congress of Accountants 2014

Day 4 and Thank You Roma!Members of our Profession are by nature optimists. They are charged with major responsibilities to c...

Tab 5

9 Nov 2014 @ 9:48 | Rob Ward

Changes in GST and broader tax reform should be on Tony Abbott’s agenda

This editorial piece appeared in The Australian November 7 2014Tony Abbott did not make any specific announcements about GST ...