News Accountants Daily
What happened
The Accountants Daily news feed highlights several practical items: TPB AI guidance was criticised as failing to address key compliance risks, NAB reported high AI adoption among SMEs in some sectors, and there are ATO updates affecting super onboarding. These items are operationally relevant because they change who must own configuration, rollback and remediation during payroll and HR platform work. Watch vendor responses and contract language changes — suppliers often react quickly by tightening scopes or adding pass-throughs
Buyer takeaway
Treat the combination of weak regulator guidance and rising AI use as a real contract and operational risk that requires explicit vendor commitments
Cost / money
Directional increase in likely change-orders and remediation spend unless contracts allocate responsibility for AI feature fixes and data handling
Supplier / commercial
Expect vendors to narrow SOWs, add pass-throughs for AI work, or price higher for uncertain compliance scopes
Safety / operations
Data governance and uptime exposures rise during integrations; require rollback and access controls in platform work
What to watch
Watch for supplier clauses that shift liability to buyers or new pass-through fees tied to regulatory ambiguity
Key facts
- TPB AI guidance flagged as incomplete for major compliance risks
- NAB reporting shows elevated AI adoption among SMEs in property and finance sectors
- ATO issued employer-facing updates that affect onboarding and super processes
Source excerpts
22 April 2026 • By Emma Partis Regulation TPB's AI guidance fails to address 'most significant compliance risk', warns
22 April 2026 • By Emma Partis Regulation TPB's AI guidance fails to address 'most significant compliance risk', warns... The Tax Practitioners Board must provide further guidance on how code obligations apply to the use of AI features
22 April 2026 • By Carlos Tse Regulation Government told to cut ‘unnecessary’ regulatory costs amid Middle East war In response to the ballooning cost of the conflict, 27 representative bodies across the business sector are demanding... 22 April 2026 • By Amelia McNamara Business Professional bodies welcome proposed overhaul of financial adviser requirements Industry bodies have written in support of the government’s proposal to loosen financial adviser education