QuickBooks is an accounting software package that offers accounting applications and cloud-based versions that accept business payments, manage and pay bills, and payroll functions, and has been developed by Intuit. The software is used by 300,000 accountants and 7 million small businesses around the world.

“Sumday makes sense here.” Accounting firms in these regions are at a similar stage in their journeys to those in Australia, says Richmond. “They’re starting to see that there is a real opportunity for them to provide new services and to really be ...

With Xero Practice Manager (XPM) as the “central cog” of its operation, the advisory firm then uses Ignition to onboard clients, Syft Analytics for reporting, and NowInfinity for asset management and company documents, among others.

The IESBA will look to tighten its code and step up its leadership role in a new three-year strategy to address recurring failures in the profession.

A Victorian accounting firm and a related company have been ordered to pay more than $26 million to two former clients after using confidential information to take advantage of a business opportunity.

Mulcahy and Co breached confidentiality and fiduciary obligations by using confidential client information to capitalise on an investment opportunity.