Latest Accounting Industry News & Trends

The national standards and codes of ethics setter for accounting bodies is asking for feedback on consultation for the standard that covers accountants providing financial planning services.

Industry news

Accounting body reviews FP standard

The national standards and codes of ethics setter for accounting bodies is asking for feedback on consultation for

6 April

Employers in the accounting sector would wait until they deemed a candidate a cultural fit before employing them.

Industry news

Search to employ culturally compatible accountants

Employers in the accounting sector would wait until they deemed a candidate a cultural fit before employing them.

5 April

A new survey suggests many accountants providing SMSF advice were licensed well ahead of the end of the accountant’s exemption.

Industry news

Most accountants unmoved by removal of accountant’s exemption

A new survey suggests many accountants providing SMSF advice were licensed well ahead of the end of the accountant

3 April

The Government needs to bring back the loss carry-back initiative to allow firms to clawback their tax paid when they incur revenue loss, the IPA believes.

Industry news

Loss carry-back should be reintroduced

The Government needs to bring back the loss carry-back initiative to allow firms to clawback their tax paid when

13 February

Running an SMSF advice arm may not be the best option for smaller accounting firms, according to Count Financial.

Industry news

SMSF advice not for all accounting firms

Running an SMSF advice arm may not be the best option for smaller accounting firms, according to Count Financial.

7 February

Financial planners and accountants need to change their mindset and the way they work to successfully service SMSF clients under the new licensing rules.

Industry news

Planners and accountants need to change mindset

Financial planners and accountants need to change their mindset and the way they work to successfully service SMSF

31 January

There could be a drastic drop in the number of SMSFs over the next couple of years in light of the scrapping of the accountants’ exemption as costs increase for members.

Industry news

Cost increase to repel SMSFs

There could be a drastic drop in the number of SMSFs over the next couple of years in light of the scrapping of

30 January

The Australian Taxation office (ATO) will intensify the tax audits of businesses in 2017 as it looked to raise revenue, according to Pilot Partners.

Industry news

ATO aims at businesses

The Australian Taxation office (ATO) will intensify the tax audits of businesses in 2017 as it looked to raise

27 January

Zurich Financial Services Australia has announced the appointment of Peter Mitchell to the position of national sales manager, retail risk.

Industry news

National sales manager appointed at Zurich

Zurich Financial Services Australia has announced the appointment of Peter Mitchell to the position of national

25 January

Accountants and financial advisers should use data analytical capabilities of artificial intelligence and robo-advice to enhance their services of providing financial guidance to clients.

Industry news

Use AI and robo-advice to enhance services

Accountants and financial advisers should use data analytical capabilities of artificial intelligence and robo-

17 January

A co-regulatory model in relation to ASIC’s responsibilities would boost ASIC’s capacity to fulfil its responsibilities, IPA believes.

Industry news

IPA proposes co-regulatory model with ASIC

A co-regulatory model in relation to ASIC’s responsibilities would boost ASIC’s capacity to fulfil its

12 January

Accounting firms have underestimated the impact of further study on their profit and productivity as accountants ramp up their education in light of SMSF licensing requirement changes.

Industry news

Accountant licensing changes dents profits

Accounting firms have underestimated the impact of further study on their profit and productivity as accountants

11 January

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Market Insights

Billybob

Yet to meet a good financial link adviser

ASIC bans Melbourne-based adviser for three years1 day 9 hours ago

New Entrant

Kaplan is the Red Rooster of education providers. The quality of their units is far below those...

Kaplan offers second Women in Finance scholarships1 day 11 hours ago

Same Sh*t Same Smell

Good idea Vanguard... bring in more useless categories to reduce professionalism and confuse the...

Is excessive regulation stemming advice innovation?1 day 12 hours ago

Accounting

Accounting body reviews FP standard

Search to employ culturally compatible accountants

Most accountants unmoved by removal of accountant’s exemption

Loss carry-back should be reintroduced

SMSF advice not for all accounting firms

Planners and accountants need to change mindset

Cost increase to repel SMSFs

ATO aims at businesses

National sales manager appointed at Zurich

Use AI and robo-advice to enhance services

IPA proposes co-regulatory model with ASIC

Accountant licensing changes dents profits

Billybob

New Entrant

Same Sh*t Same Smell

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Billybob

New Entrant

Same Sh*t Same Smell