Accountants pushed on fee shakeup to avoid ‘nails in coffin’
Accountants who stubbornly resist new models of pricing and marketing are “cutting off their nose to spite their face”, according to one industry consultant.
BUSINESS • Wed, 28 Sep 2016
National tax, wealth advice firm announces merger
One prominent wealth management firm, known in particular for its SMSF advice, has today announced it is merging with another financial advice business.
TAX • Tue, 27 Sep 2016
Accountants ‘number one’ choice in key advice areas
New research shows hundreds of thousands of Australians with unmet advice needs would turn to an accountant over other professionals, but barriers including licensing and ...
BUSINESS • Tue, 27 Sep 2016
‘Big brother’ technology to monitor auditors
One technology consultant has tipped that a significant part of the advances in auditing technology will include systems that monitor and assess the efficiency of ...
TECHNOLOGY • Mon, 26 Sep 2016
Accountants missing ‘huge’ revenue opportunity
As accountants increasingly lose out to online providers in the provision of superannuation services, one research house has pointed to significant advice gaps that ...
BUSINESS • Fri, 23 Sep 2016
Accountants reminded of ‘heavy penalties’ for scheme promotion
A recent court case serves as a timely reminder that the ATO is applying significant penalties to any tax agents found to be associated with tax exploitation promoters.
TAX • Thu, 22 Sep 2016
Technology lag may hurt clients’ best interests
One industry figure has called into question whether accountants are working in their clients’ best interests by not encouraging them to explore new technologies and ways ...
TECHNOLOGY • Thu, 22 Sep 2016
CAs flagged in ATO’s auditor crackdown
The ATO has labelled the number of SMSF auditors failing basic independence requirements “amazing”, and has included some chartered accountants within this group.
TAX • Tue, 20 Sep 2016
SMEs at risk of ‘falling foul’ of ATO
Confusion this financial year regarding imminent compliance dates, including for SuperStream, is putting SME owners at risk of falling foul of the ATO, accounting ...
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