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ACCOUNTANT

Financial planning

The burden of the Financial Adviser Standards and Ethics Authority’s requirements combined with the high costs imposed by the Australian Securities and Investments Commis...

Superannuation

In an unusual move, the Australian Securities and Investments Commission is taking civil action in the Federal Court to force a Gold Coast accountant to abide by an enfor...

Financial planning

The Institute of Public Accountants has advocated an advisory role for accountants flowing from the Government’s promised review of the retirement income system....

Accounting

While many accountants have been proactive in restructuring their businesses to ensure they are “relevant and successful” in the future, “a significantly greater number” ...

Accounting

The use of time-based fees by accountants will decline by 12 per cent over the next two years, as firms respond to clients pushing for greater fee transparency, Commonwea...

Accounting

A NSW SMSF accountant and former financial adviser has pleaded guilty to two charges of making false and misleading statements and fraudulent misappropriation of client f...

Accounting

Accountants remain confused about various elements of the new limited licensing regime, including compliance obligations, and statements of advice....

Accounting

ASIC is taking action against accountants who misuse ‘sophisticated investor’ certificates by failing to offer adequate or any disclosure....

Editorial

Mike Taylor writes that accountant licensing has thus far proved to be the revolution which has not quite happened but the clock is still ticking. ...

People & Products

Robo advice firm, Stockspot, has reached a deal with Class Super for the provision of direct data to self-managed superannuation fund accountants and their clients....

Accounting

Planners and accountants will increasingly merge under an advice structure due to business sustainability and client demand, but they must be a cultural fit to succeed. ...

Accounting

Expanding the small business tax turnover threshold and the middle-tier income tax bracket will see the Government hoping its assumptions are true, the Institute of Publi...

Financial planning

More high net worth individuals were using advisers but there was still pressure on advisers to demonstrate value to a group that doubts adviser expertise....

Financial planning

A South Australian accountant has been ordered to pay more than $400,000 plus costs after advising a client to invest substantial sums in failed agriculture schemes....

Accounting

Most accountants have not started their licence application or made a decision on what SMSF licensing path to pursue, according to a survey....

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