FORENSIC accounting is emerging as one of the growth areas within the accounting profession.With increased changes to Australia’s tax system forcing accountants to specialise, forensic accounting is becoming one of the specialisations of choice.
SINCE the Machinery of Government taskforce changes came into place, some people have had difficulty finding the Government departments they used to deal with.
THE number of new bankruptcies for the September quarter has fallen 9 per cent on the previous quarter.Provisional bankruptcy statistics show the number of new bankruptcies was 6,504. In the June quarter there were 7,169.
A KEY test to prove workers are bona fide contractors for income tax purposes is being proposed as an option for defining contractors under WA’s extended payroll system.
A WA company is building a reputation as the Red Adair of the underwater welding industry.And, like the internationally renowned extinguisher of oil fires, the company’s name is being built on doing the jobs others have failed to complete.
JUST days after it entered into an agreement with Greek telecommunications giant OTE, WA-based public company SmartWorld Corporation has gone into voluntary administration.
THE future of a privately owned ambulance service run in competition to St John Ambulance is looking grim due to the WA Govern-ment’s opposition to competitive tendering.
FRAUD costs businesses more than $1 billion a year and most indications show it is on the rise, thanks to the increased pace of business and greater reliance on computers.
BUSINESSES setting up websites for promotional purposes have been dealt a blow by a recent Australian Tax Office ruling.Websites were traditionally treated like advertising for tax purposes.
THE potential consequences from the repeal of the Workplace Agreements Act are proving a major hurdle for the WA Government’s rewrite of industrial relations laws.
WHILE the WA Government has come under fire for breaking its election promise to not raise business taxes, it has kept a promise it made to small business.
SMALL business’ hopes of gaining exemption from unfair dismissal laws in either the state or federal jurisdiction seem remote.WA’s unfair dismissal laws are under review as part of the Government’s rewrite of its industrial laws.
BUSINESS has given the Labor Government’s first budget a cool reception, angry about the increased taxes and uncertain the $852 million in public sector savings can be delivered.
PERTH phone users have become the first in Australia to try a new-look White Pages format that puts all business listings at the front of the book.The new-look phone books will not be released in the eastern states until next July.
AFTER spending many years in small business, Hospitality Accessories owner Diane Miskelly believes she has some hands-on experience to bring to the Small Business Development Corpor-ation’s board.
THE State Government’s plan to treat “employee-like” contractors as employees for payroll tax purposes threatens to open the home building sector to unionisation.
TWO days before the budget was handed down, WA Treasurer Eric Ripper told Business News the Government had no intention of killing the goose that laid the golden egg.