Payroll expert reveals the 7 red flags for payroll fraud

Although it’s near impossible to accurately quantify, payroll fraud – defined as the theft of cash from a business via the payroll processing system – is less rare than many of us might think. This is because incidents of payroll fraud are often not reported in the media and are managed instead by internal HR… Continue reading Payroll expert reveals the 7 red flags for payroll fraud

Queensland director jailed on fraud charges

Former company director, Christopher Edward Eric Skelly, of Lark Hill, Queensland, has been sentenced to imprisonment on one charge of fraud after an investigation by ASIC. Mr Skelly was sentenced to three years and six months imprisonment, to be eligible for parole after 21 months. Mr Skelly, a former director of C & G Group… Continue reading Queensland director jailed on fraud charges

Qld company fined $4.25m for encouraging clients to exploit the R&D tax offset scheme

A Queensland company that secured millions in tax refunds for clients by exploiting the R&D tax incentive program has been ordered by the Federal Court to pay a $4.25 million fine to the Commissioner of Taxation. The Commissioner commenced action last year against Australian R&D Funds and Grants Services Pty Ltd, now known as International… Continue reading Qld company fined $4.25m for encouraging clients to exploit the R&D tax offset scheme

Has your business planning outgrown Excel?

Microsoft Excel enjoys global superiority as the go to electronic spreadsheet for financial management and data collation. This status is well deserved as the business application has given in excess of 30 years of admirable and loyal service in helping companies track, forecast, analyse, and manipulate a wide range of business data. Despite its excellent… Continue reading Has your business planning outgrown Excel?

How blockchain will change the way small- to medium-sized enterprises carry out business

The increased use and application of blockchain technology is set to disrupt companies of all sizes, across all industries, and in almost every area, from payments and transactions to contracts and identity verification. Small- to medium-sized enterprises (SMEs) will not be immune to the disruption. Blockchain technology was created to facilitate online payments via a… Continue reading How blockchain will change the way small- to medium-sized enterprises carry out business

How Atlassian’s co-CEO Mike Cannon-Brookes came to terms with feeling like an imposter

Atlasian's Mike Cannon-Brookes speaking at TEDxSydney

Mike Cannon-Brookes, the tech billionaire in the hat and the hoodie, has spoken candidly about his struggle with imposter syndrome while at the helm of runaway start-up success Atlassian. In his TEDxSydney address on Friday (16 June), the Atlassian co-CEO and co-founder described imposter syndrome as the “feeling of being well, well out of your… Continue reading How Atlassian’s co-CEO Mike Cannon-Brookes came to terms with feeling like an imposter

A step-by-step guide to protecting your SME against brand damage on social media

In a world where social media is (almost) everything, there is no denying the benefits of an engaging online presence for your business. More than 1 in 10 surveyed Australians have now shopped via a social media platform[1]. Successful social media strategies allow small businesses to convert customers to unofficial, yet involved, brand ambassadors who… Continue reading A step-by-step guide to protecting your SME against brand damage on social media

How small businesses are vulnerable to fraud

A small business is more than a bottom line for an owner; it is often their heart, soul and passion. By taking the plunge and setting up and running a small business, all your time and energy becomes focused on making your life’s dream a success. However, with all of your energy invested in your… Continue reading How small businesses are vulnerable to fraud

Six rookie mistakes to avoid in e-commerce

Usually, the first couple of years in business are an exercise in trial and error. Running an e-commerce business, though easier and cheaper to set up, is no different. Note: This article is the seventh in a multi-part series by Chris Dahl, providing guidance on setting up an ecommerce business. Read the rest: Ecommerce success begins… Continue reading Six rookie mistakes to avoid in e-commerce

Prove you’re not a sitting duck for hackers

The Internet has affected how we learn, work and live. It is inseparable from almost everything we do nowadays. Businesses, even small ones, now rely on tools requiring a connection to the Internet. For instance, the Point-of-Sale machine has completely replaced manual cash registers, allowing payment via debit card and credit cards. Sales and payment… Continue reading Prove you’re not a sitting duck for hackers