We explore how Claude is transforming from a conversational AI tool into an agentic digital collaborator capable of redesigning tax processes, automating complex workflows and driving scalable business value.
A proposed bill has increased attention on payment performance and highlights the way PTR data may be used in future policy decisions.
As AI adoption in tax matures, the real opportunity lies not in doing tax work faster, but in using AI to strengthen governance, improve decision-making and create lasting strategic value across the organisation.
In the second article of this three-part series, we examine how tax leaders can build an AI-enabled governance framework that balances innovation, compliance and accountability in an evolving regulatory environment.
Compliance notices issued on 23 June 2026 for missed reports, alongside further published fines, reinforce the Regulator’s continued focus on non-compliance under the scheme.
Across the 2026–27 budgets, jurisdictions have generally prioritised targeted relief and housing-related measures over broad-based tax reform, as highlighted by Cullen Smythe, Rouein Momen and Angus Young.
This financial reporting webinar focuses on preparing for interim and annual financial reporting at 30 June 2026.
Across both Australia and New Zealand, the biggest FBT compliance challenge isn’t the rules, it’s finding, validating and attributing the data needed to apply them correctly.
The Regulator has increased enforcement, issued penalties, published non-compliance and tightened expectations around data quality and reporting accuracy.
This report brings together early insights from Australia’s FAST 30 Group 1 entities, representing the first wave of AASB S2 climate related disclosures released during February and early March 2026.
KPMG’s guide to preparing financial statements for investment funds under IFRS® Accounting Standards.
The Victorian State Revenue Office recently outlined its compliance areas of focus for 2025-26. Jenny Lee, Dihan Fernando, and Cerhys McCrone summarise the focus areas relevant to properties and transactions.
This webinar highlight provides a recap on what Payday Super is, when it takes effect and the key changes from the exposure draft to the final Act.
Standards issued by the AASB and the IASB® Board applicable for years ended on or after 31 December 2025 and beyond.
This webinar, held on Tuesday 11 November, forms part of KPMG’s regular six-monthly update on reporting matters.
The redesigned code provides some optionality, allowing an avenue for businesses to provide additional tax contribution and approach to tax narratives, as highlighted by Phil Beswick, Val Misiura, Amanda Maguire and Katryne Chia.
The focus areas continue to centre on areas requiring significant judgement including revenue recognition, asset valuation and provisions, as outlined by Kim Heng and Julie Locke.
This report provides an overview of CbC legislation passed, pending or approved by countries around the world, including Australia.
KPMG’s Super Tax News covers the latest key superannuation tax updates.
KPMG has developed a publication which will assist preparers of financial reports to understand the issues being commented on by the IFRIC.
Support is growing to mandate digital financial reporting in Australia to better use data and technology, writes KPMG’s Audit & Assurance Partner Kim Heng.
The regulator says it plans to take a pragmatic and proportionate approach to its supervision and enforcement of these requirements.
This report revisits the key criteria that determines if your business is a reporting entity, providing clarity on thresholds, timelines, and responsibilities.
The register aims to enhance transparency and provide prospective applicants with insights into the factors considered and conditions imposed, as outlined by Zuzana Paulech, Julia Bilyanska and Julie Locke.
David Sofrà, Priscilla Tang, Langdon Patrick & Kevin Nguyen highlight how to determine whether your business falls under the reporting requirements which rules may apply.
This webinar, held on Tuesday 8 July, includes a discussion on strategies to prepare a public CbC report that aligns both with the EU and the Australian public CbC disclosure requirements.
This webinar, held on Tuesday 13 May, brings you up to date with the latest developments in financial reporting.
This webinar, held on Tuesday 22 April, delves into the details of new country-by-country reporting regulations around the world, including Australia’s.
The Payment Times Reporting Regulator released final guidance material in March, which entities will need to rely on for reporting periods beginning 1 July 2024.
This webinar, held on 6 May 2025, provides a regulatory update, shares the developments on assurance activities and discusses key implementation challenges.
ASIC has published its regulatory guide on sustainability reporting obligations, including clarifications on areas of interpretation.
It is anticipated that the additional disclosures relating to multiple tax residencies for entities may require substantial judgement and involvement of legal or tax specialists, as highlighted by Julie Locke and Zuzana Paulech.
This report contains standards issued by the AASB and the IASB® Board applicable for years ended on or after 31 December 2024 and beyond.
This report relates to the finalisation of the assurance phasing model and proposed amendments by the Federal Government to extend the modified liability setting to voluntary sustainability reports under certain circumstances.
Assuming core inflation continues to fall over the coming months, we believe that the RBA will be in a position to cut rates in May, with April a possibility, writes KPMG Australia Chief Economist Brendan Rynne.
ASIC’s 31 December 2024 focus areas continue to centre on financial reporting elements requiring most judgement and making the most use of estimates.
With the Australian legislation introducing new mandatory public tax transparency reporting having passed Federal Parliament, organisations will need to consider appropriate actions to respond to the new requirements, as outlined by Phil Beswick, Alia Lum, Tim Keeling, Sean Madden and Katryne Chia.
The ATO reiterated the importance of tax governance processes, noting basic tax errors would decrease through the implementation of a documented tax governance framework, as discussed by Keith Swan, Belinda Cheesewright, Blake Indian, Aylin Harapoz and Sydney Karampour.
The draft guidance offers insights and new information on how reporting entities should meet their new PTR obligations and align with the Regulator’s expectations.
ASIC consults on draft regulatory guide about compliance with sustainability reporting obligations, including clarifications on areas of uncertainty.
This webinar, held on 12 November 2024, covers the latest developments in financial reporting.
This webinar, to be held on 12 November, will cover the latest developments in financial reporting.
This webinar, held on Tuesday 24 September, delves into recent developments relating to trade and customs around the globe.
This webinar, held on Wednesday 9 October, shares insights into some of the latest proposals that are likely to impact asset managers, banks and insurers.
The ATO released updated outcomes for 2024 from its Justified Trust Program regarding the Top 100 and Top 1000 assurance programs.
This webinar, to be held on Wednesday 9 October, will share insights into some of the latest proposals that are likely to impact asset managers, banks and insurers.
The AASB is finalising the first two Australian Sustainability Reporting Standards which are internationally-aligned and effective from 1 January 2025.
This webinar, to be held on Tuesday 24 September, will delve into recent developments relating to trade and customs around the globe.
Mandatory climate-related financial disclosures for certain Corporations Act reporting entities, will become a reality from financial years beginning in 2025.
The AASB is tentatively proposing to remove many of the Australian specific variations proposed in the [draft] ASRS Standards.
