Accounting
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The new way to quantify company “intangibles”
First 5000 | June 20, 2018The Maturity Institute and the KBA Consulting Group have announced a new method to quantify company “intangibles” to align business and societal value.
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The devil in the budget details
Paul Drum | May 9, 2018The third Turnbull/ Morrison budget has some big-ticket items but it’s the less headline grabbing proposals that are likely to attract the attention of the accounting and tax profession over the coming months and years.
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10 essential tasks for the end of the financial year
First 5000 | May 7, 2018The end of the financial year is an important time for SMEs, with bookkeeping, tax returns and planning to be completed. Check off these 10 tasks to ensure your firm is all set for a more organised and prosperous future.
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ATO cracks down on spurious ‘work expenses’
First 5000 | March 1, 2018Australian tax officials are examining how to end the abuse of work expenses, with dodgy claims made by millions of Australians robbing the budget of at least $2.5 billion a year – more than the cost of multinational tax avoidance.
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Payment times improve but too many SMEs are still left waiting
First 5000 | January 9, 2018New figures suggest that Australia’s late payment culture is changing for the better but more remains to be done to ensure larger firms pay their suppliers on time.
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The danger of blurring business and personal funds
First 5000 | January 4, 2018The owners of smaller businesses can be tempted to use unsecured personal funds to invest in their firms but the consequences can be dire.
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It’s time to take your business pulse
Andrew Spring | December 19, 2017Christmas is nearly upon us so why not use the holidays to conduct a business health check before the year is out. Seek professional advice if you need it and give your company the best chance of enjoying a prosperous New Year.
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Avoid the post-Christmas cashflow hangover
Greg Charlwood | December 16, 2017The holiday season can stretch the cash flows of smaller businesses, but six simple steps can ensure a happy New Year for your company.