MENUMENU

Industry & Technology

View Category:

All Posts
virtual-cfo

Why Virtual CFOs are the future of financial services

March 26, 2019

We’ve all heard the term Chief Financial Officer (CFO) and we know what it is, right? They handle everything related to a company’s finances – reporting and analysing your financial results, overseeing cost-benefit analysis, cost control, securing new funding etc. As financial management is a crucial component in the running of a company, a CFO […]

Read More

Advisory services the way of the digital future

November 16, 2018

With digital and automated solutions on the rise in the accounting industry, a greater emphasis is being placed on services such as audit and advisory. In a joint study conducted with Chartered Accountants Australia and New Zealand, The Australian Financial Review Top 100 Accounting Firms 2018 found digital technology was named by the majority of […]

Read More
renewal_tpb

Tax Financial Adviser registration deadline approaching

October 10, 2017

The TPB have published a very useful resource for Tax Financial Advisers who need to renew their license. The key steps in the process are: Determine your representative status Review the required qualification and relevant experience Determine if a board approved course for tax (financial) advisers is required to be completed – Applied Education’s unit and […]

Read More

Mandatory reporting of data breaches on the horizon

May 12, 2017

An article published by the Institute of Public Accountants has drawn attention to the government’s recently introduced Notifiable Data Breach scheme, stating it will have big consequences on small businesses and accountants. The passage of the Privacy Amendment (Notifiable Data Breaches) Bill 2016 – to commence on 22 February 2018 – will require the mandatory […]

Read More
Tax Preparation Course

Demand still strong for tax agents

April 28, 2017

An article published by Accountants Daily indicates that demand for tax agent services is still remaining strong. The key points in the article are: In 2014-15 nearly 74% of individuals were still using tax agents. Usage of the ATO’s MyTax is not increasing as much as expected. Claims for negative gearing are down on previous […]

Read More

ATO release a new fillable TFN declaration

March 23, 2017

The Tax Office has developed a fillable TFN (Tax File Number) declaration form which is available on their website. This means you will no longer need to order the form and wait for it to be posted to you. All you need to do is download it from the ATO website. https://www.ato.gov.au/forms/tfn-declaration/ Once it is […]

Read More
How to become a bookkeeper and bas agent

How to become a bookkeeper and BAS agent

February 8, 2017

Have you got a knack for numbers and do you get a kick out of problem solving? Do you enjoy mathematics and have an analytical mind with amazing attention to detail? If this sounds like you, then a career in bookkeeping could be right up your alley. So what exactly does a bookkeeper do? A bookkeeper […]

Read More
how to become a tax agent

How to become a tax agent in 2017

February 8, 2017

Becoming a Tax Agent in Australia is a relatively straight forward process in order to meet the requirements of the Tax Practitioners Board Tax Agent specifications. Applied Education’s 3 steps to becoming a Tax Agent in Australia Applied Education has hundreds of students each year asking us this question and here are our tips for […]

Read More

How the Tax Summary can help you navigate Australia’s tax system

January 31, 2017

The Tax Summary is a publication produced by Tax & Super Australia and has been a stalwart in the taxation industry for close to a century. This guide to the Australian taxation system is written in an easy-to-understand manner, and explains the many complexities of the system without getting bogged down in taxation jargon. The […]

Read More

Simpler BAS reporting for Small Business

January 31, 2017

Great news and well overdue for small business. A new simpler BAS is available with just 3 fields – 1A GST Collected, 1B GST Paid and G1 Total Sales. Then new BAS has only: GST on sales (1A) GST on purchases (1B) Total sales (G1) For more information go to: https://www.ato.gov.au/Business/Business-activity-statements-(BAS)/Goods-and-services-tax-(GST)/Simpler-BAS/

Read More
css.php