Every business should focus on being paid as quickly as possible as well as ensuring that the payment process does not double-handle the data.
MYOB has expanded its online business portal from new proprietary company registrations to self-managed super funds (SMSFs) and constitution registrations.
Before an accountant can add a virtual CFO service they need to make some fundamental changes in the way they run their firm.
Microsoft Office 365 and OneDrive users will notice their storage limits jump up to several hundred gigabytes in the next couple of days.
Wave Accounting positions itself as accounting for small business, but it has a brighter future concentrating on businesses that do not require payroll.
The failure of accounting methods to keep up with subscription business models was increasing the risk of companies running out of money.
The North American arm of global insurer Zurich has introduced an insurance plan for companies that use cloud computing services.
It was unspoken at the conference but the inference was clear. The ATO is telling practitioners they must adapt or die.
These practices could lead to a bigger risk that other taxpayers stop complying and thereby erode Australia’s tax base, said the Australian Treasury.
Watch out financial advisers. Strap this little device on your wrist and it may one day be all you’ll ever need.
To date the success of the cloud accounting ecosystem has been driven by the pace of innovation. The next stage will focus on economic viability.