Tax confusion could prove costly
![BDO tax leader Tony Sloan says there will be a rash of incorrect returns.](http://web.archive.org./web/20170808084432/http://www.afr.com/content/dam/images/g/i/c/q/x/2/image.related.afrIndexLead.320x210.gxrgem.png/1502175216160.jpg)
Companies of all sizes are likely to be hit with penalties for unwittingly lodging tax returns based on incorrect tax rates, experts warn.
Companies of all sizes are likely to be hit with penalties for unwittingly lodging tax returns based on incorrect tax rates, experts warn.
The most popular stories for the first half of the year have been about the ongoing implosion at CPA, the nation's largest accounting body.
Having purged former Naked CEO Alex Malley from the CPA website, remaining board members will now follow him out the door.
Accountants and consultants at the big four increasingly take less conventional paths to partnership, with nearly half of EY's latest round of partnership promotions coming from people with the industry background.
Tokyo will be keeping a much closer eye on Sydney and Wellington in the world of Fuji Xerox, following a Trans-Tasman accounting fraud.
Rebel CPA Australia members have welcomed directors' plans to step down but have reservations about who will choose the new board.
The Australian Institute of Company Directors has appointed Angus Armour as its new CEO and managing director and revealed he could earn up to $735,000 in the role.
The Australian Institute of Company Directors cannot legally divulge the salary of its past two CEOs.
A campaign by angry CPA Australia members to topple the remaining "old guard" directors of the nation's biggest accounting body has triumphed, with the current board now all set to retire by the end of the year.
The remaining board members of CPA Australia will be called to appear before a Senate committee, after the accounting body descended into a governance quagmire.
Is PwC about to become the next big accounting firm to dip its toe into ad agency waters?
PwC has split with the other three big accounting firms, setting a target to have 30pc of new partners from a diverse cultural background by 2020.
This smart, senior partner at PwC wasn't interested in the little envelope the government sent him on his 50th birthday. Luckily his wife persisted.
A subsidiary of Findex moved clients on to more expensive in-house branded financial products without proper justification and has agreed to have an independent expert review the files of impacted customers.
By this stage, silence is the best defence for embattled CPA Australia.
PwC's focus on building the "greatest depth and breadth" of services of any Australian firm helped boost revenue and partner numbers, says CEO Luke Sayers.
Jingyi Group and local partner TST Partners are looking to set up funds in property development, mortgage-backed securities, and equities and fixed income securities.
The election of new board members at CPA Australia won't be straightforward.
Accounting software company Reckon Limited has seen substantial changes to its shareholder register on Thursday morning.
A group of key rebel members has told a review panel that the panel's priority should be to properly deal with allegations it has overpaid directors.
Accountant KPMG has started a new "sales transformation" team, in the latest move by consultants into areas dominated by advertising industry firms.
One in three Deloitte staff have an Asian background but far fewer of them are breaking through to the top ranks of the accounting firm.
The once-ubuiqitous former CEO of CPA is slowly but surely being erased. It must be killing him.
Gin and tonics have long been one of Andy Lim's techniques for adapting to a more "mainstream" working environment.
CPA's failure to act on a legal conflict over its advice arm means members around the country will lose capped liability from negligence claims in October.
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