Technology Beyond Compliance - PowerPoint PPT Presentation
Title:
Technology Beyond Compliance
Description:
The ATO have made more changes in the last decade than ever have in the past fifty years. What is sustainable framework for tax related technology development and the opportunities for tax practitioners and business moving forward – PowerPoint PPT presentation
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Title: Technology Beyond Compliance
1
Technology Beyond Compliance
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Why compliance is going Digital!
- Regular and more regulatory updates
- More complex than ever
- Increase cost of compliance
- Rising personal liability
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3
Digital Services
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ATO To Be Digitalised!
- Improve User Experience
- Prevent Fraud with data transparency and matching
- Ensure Compliance is met
- Increase Revenue
- Reduce Cost
- More Efficient Data Sharing
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5
My Journey So Far
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Compliance Innovation
- Compliance Risk
- Tax Payers the centre of new regulations
- Product liability
- Governance
- Risk culture
- Business Product
- Customer experience
- Products Services
- Transparency
- Business models
- Competitors
The Client
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7
Adapt or Die
- Must embrace change to remain relevant
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Relevant Tech Tools
- For your Clients - Cloud Accounting software
- For Your Practice Cloud Practice ie GovReports
- Compliance management
- Digital signature
- Practice management
- Ledger
- Reporting Lodgement
- Password manager
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- Lets have a look at some of these!
2019. Impact Management Group Pty Ltd. All
Rights Reserved.
2019 Impact Management Group Pty Ltd All Rights
Reserved.
