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Dec 9, 2024 | 
publicaccountant.com.au | Annie Lawson
“You basically need a keyboard, an internet connection and natural language,” says AI adoption expert Inbal Rodnay. Rodnay encouraged accountants to embed AI technology in their workflows to unlock efficiencies and free up time for strategic work. She specialises in guiding professional services teams through AI integration.
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Dec 4, 2024 | 
hastingsindependentpress.co.uk | Annie Lawson
ANNIE LAWSONFive years ago, I was living near Hebden Bridge. There had been a gang of counterfeiters in the village in the 1760’s, known as The Coiners. Now I wonder, would the local council, Hebden Royd, have granted planning permission for a Jolly Coiners theme park? Perhaps along the lines of that planned for the old Debenhams building in Hastings with immersive experiences such as a Smugglers’ Cave and a Pirate-themed restaurant?
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Dec 4, 2024 | 
publicaccountant.com.au | Annie Lawson
Australia has taken a landmark step to combat serious and organised crime following the passage by both Houses of anti-money laundering and counter-terrorism financing (AML/CTF) legislation that will include professional services sectors. At a glance Australia has passed landmark anti-money laundering legislation that will require professional services to combat financial crime.
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Dec 3, 2024 | 
financialaccountant.co.uk | Annie Lawson
“You basically need a keyboard, an internet connection and natural language,” says AI adoption expert Inbal Rodnay. Rodnay encouraged accountants to embed AI technology in their workflows to unlock efficiencies and free up time for strategic work. She specialises in guiding professional services teams through AI integration.
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Dec 1, 2024 | 
publicaccountant.com.au | Annie Lawson
At a glance Matthew Burgess, a legal expert, argues that professional services firms must fundamentally redesign their business models in response to AI and digital disruption. He advised moving away from traditional time-based billing and emphasised value creation through intellectual capital rather than selling time. Burgess warns firms must adapt quickly to technological changes or risk becoming obsolete, drawing parallels to companies like BlackBerry that failed to innovate.
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Nov 28, 2024 | 
publicaccountant.com.au | Annie Lawson
The Australian Taxation Office (ATO) will focus on closing the tax gap and reclaiming small business tax debts, Deputy Commissioner of Small Business Will Day told the Institute of Professional Accountants (IPA) National Congress in Port Douglas on Thursday. Day says the small business sector contributed more than $900 billion in total business income, more than $91 billion in income tax and collected $21 billion in GST “on behalf of the community every year”.
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Nov 28, 2024 | 
publicaccountant.com.au | Annie Lawson
Tax Practitioners Board Chair Peter de Cure once again reassured tax practitioners they were not obligated to disclose to clients their personal health or mental health issues to clients under the new tax code determinations. Speaking at the Institute of Public Accountants (IPA) National Congress 2024 in Port Douglas, de Cure outlined the significant reforms to be implemented progressively that aim to strengthen the integrity and accountability of the tax profession.
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Nov 26, 2024 | 
financialaccountant.co.uk | Annie Lawson
The OneAdvanced Business Trends Report, now in its ninth year, reveals 44 per cent of senior decision-makers say boosting efficiency and increasing productivity is their top priority for the coming year. However, progress is being impacted by a “perfect storm”. “Organisations are being held back from achieving their goals by a number of factors,” says Simon Walsh, CEO of OneAdvanced, a software company headquartered in Birmingham.
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Nov 21, 2024 | 
financialaccountant.co.uk | Annie Lawson
The Anti-Money Laundering Supervision and Monitoring Report for 2023/24 found increased compliance rates across a raft of key areas, as well as some room for improvement in risk assessments and reporting suspicious activity. The report showed some firms struggled with documenting the potential risks posed by their client base. And more than three-quarters (78 per cent) of non-compliant firms did not maintain an up-to-date written firm-wide risk assessment, an increase from 63 per cent in 2022/23.
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Nov 20, 2024 | 
publicaccountant.com.au | Annie Lawson
Sophie Anderson, owner of Cairns Coaching Anderson will share her insights into the benefits and techniques of managing energy levels in the workplace to boost performance at the Institute of Public Accountants’ 2024 National Congress in Port Douglas on 29 November. She will demonstrate simple strategies to manage energy levels throughout the working day to boost wellbeing and productivity.
