Insights on AI, tax research, learning and the future of accounting.

If you ask ChatGPT to produce a diagram of a company structure with a Trading Company, shareholder trust (with a company trustee), this...

Usage Update We're thrilled to report that 35 firms are now actively using the Elfworks platform, collectively generating an average of...

Trusts and trust income resolutions have always been of great interest to the ATO. Yet now, with cases such as Owies v JJE Nominees Pty...

Ai Tools for Accountants #2 – Intra-Group Transaction Bot Every accountant is familiar with intra-group transactions between group...

Ever since the Bamford High Court decision in 2010, Australian accountants have required specific knowledge of client trust Deeds to...

Sharing client data while using Ai models without appropriate consideration and safe guards risks breach of privacy obligations under...

Platform Usage We're thrilled to share that over 20 firm s are now actively using the Elfworks platform! Last week alone, 85 advice...

Each year, the job of an Australian accountant in public practice becomes harder. Client demands and client messes, endless compliance,...