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CPA Australia: Accounting and finance professionals will be the next CEOs

According to CPA Australia, accounting and finance professionals will emerge as favorites for top jobs thanks to their experience during the pandemic. Problem-solving skills will be in high demand. CPA Australia media chief Jane Rennie said accounting professionals are increasingly recognized for the qualities they embody. During the pandemic and other global crises, accounting and finance professionals have been in high demand. We expect to see more CFOs in the top job by 2023. With its ability to observe both the accounting profession and the business world, CPA Australia said it was well placed to comment on career trends. A global network of accountants provides us with a unique insight into the labour market, she said.
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Now That Electric Cars Are Exempt From FBT, What Does This Mean For You?

Judy White, Director, and Stefanie Merlino, Partner, contributed to this article.The BDO Group in Australia.Both Houses of Congress have now passed the Treasury Laws Amendment (Electric Car Discount) Bill 2022 (the Bill).It was passed by Parliament with two amendments from the Senate and received Royal Assent on 12 December 2022.Electric cars are exempt from Fringe Benefits Tax (FBT),As long as certain requirements are met.We outline some of the practical implications of this FBT in this article.Electric cars are exempt from the tax.
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Automation The New Accountant!

Businesses are increasingly using robotic process automation devices to handle repetitive activities since they can replicate a human activity. Being more agile, processing data more quickly, and improving efficiency are the goals. Automating rule-based procedures is done via robotic process automation. Artificial Intelligence and Machine Learning, in addition to RPA, are applied in various procedures that call for intelligent automation.
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How To Reduce Your Car Loan Repayments

With car prices rising rapidly over the past few years, many are looking at ways to get their repayments down.The best thing to do is speak to a finance broker who can compare your options and find a loan product that is right for your personal situation. You’ll likely be able to compare different products and features to find a good fit.Here are some of the things to look out for when trying to reduce your car loan repayments:
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