Accounting

As qualified Queensland accountants, we're here to provide insights on the Queensland economy and offer practical advice to help your small business thrive in these challenging times. The Queensland economy has shown resilience in recent years, but small businesses are facing significant headwinds. The Queensland Small Business Strategy 2024-2027 outlines the government's vision for a thriving, resilient small business sector that supports local jobs and contributes to a [...]

Abstract The insolvency of Bonza airlines highlights growing business failures in critical sectors such as construction, hospitality, and retail due to high interest rates, rising energy costs, and reduced consumer spending. Data from the Australian Securities and Investments Commission (ASIC) shows a significant increase in insolvencies across multiple industries, pressuring business owners like Jared Merlino, who are struggling to maintain profitability amid escalating expenses. Government subsidies and relief [...]

Are you tired of the complex and time-consuming process of managing your property taxes? Look no further. A property tax accountant can be the solution you need to save money and simplify your financials. With their expertise in tax laws and regulations, a property tax accountant can help you navigate the intricacies of property tax assessments and identify potential savings opportunities. Whether you own residential or commercial properties, [...]

Introduction to AI in Accounting The integration of Artificial Intelligence (AI) into accounting is revolutionizing the field. As AI technologies evolve, they offer significant enhancements in data processing, accuracy, and efficiency. This article explores how AI is being applied in accounting and assesses whether AI could eventually take over the profession entirely. AI Technologies in Modern Accounting Automated Data Entry and Analysis AI significantly streamlines data entry, one [...]