The Australian Taxation Office (ATO) has ramped up its GST compliance efforts, placing businesses under greater scrutiny. With GST audits and assurance reviews becoming more frequent, accurate records & compliant reporting are more important than ever. A GST audit can be triggered for various reasons—discrepancies in reporting, frequent refund claims, or even random selection. Whatever […]
Managing accounts payable (AP) is more than just paying invoices—it also means keeping systems in order, maintaining strong supplier relationships, and avoiding financial headaches. However, with time, some roadblocks can start to slow things down, creating challenges that affect the company as a whole. The good news? Many of these accounts payable challenges are resolvable. So,
Accounting is often considered traditional and resistant to change, but is this true? How does technology affect accounting? Today, let’s talk about the impact of technology on accounting and how businesses can use that to their advantage. The Digital Transformation of Accounting Accounting has changed dramatically with technology over the past few decades. Gone are
At W Advisory, we’ve always prided ourselves on these taglines: “Smart people, smart technology and smart advice. That’s what you can expect when you partner with us.” But what happens when smart advice meets even smarter tech? The result is an impressive transformation that has changed how we serve clients and manage operations. Today, we’re
