Financial Services Archive

Temporary Relief for Directors’ Personal Liability for Trading Whilst Insolvent

Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’...

DATA (Due Diligence); it’s all in here… somewhere

Historically we’ve all helped a client Buy or Sell a business… and in doing so, of course, we went straight to the DATA, right(?).

What do I mean by...

Is Your Identity for Sale?

Have you ever wondered who controlled your genetic profile data and had access to your identity? It’s big business and a commodity that has recently been up for sale.

In...

When and what role to hire next in your accounting firm

by  | Sep 23, 2020 | Articles

 

Recently I’ve had quite a few conversations with clients about when to hire the...

Audit Independence and Reciprocal Arrangements

Reciprocal auditing arrangements where SMSF firms enter into audit arrangements for one another risk breaching new independence requirements, the ATO has clarified.

The restructured Independence Guide in the APES 110 Code...

Finance and Accounting Tasks You Should Outsource

When you are running your own business it’s natural to want to handle all the operations. However, when in the finance and accounting industry, there are a lot of...

3 reasons your mortgage broker division is broken. #3 will blow your mind!

I often get asked what makes our in-house mortgage broker program more effective than others on the market, and I can sum this up in 3 reasons mortgage broker...

Common Scams during the COVID-19 Period

Over $3,360,000 have been lost since the outbreak of COVID-19 (Scamwatch, 2020).

The ‘new normal’ brought many challenges with it, and scammers and cyber criminals took full advantage of this...

How digital fact finds are revolutionising client onboarding

The success of your financial advice practice hinges on its efficiency. The more clients you can assist to achieve their financial goals, the greater the cash flow to your...

Three Tasks to Outsource

No one ever said that running a business was easy, whether small or large. There are just so many different things you need to be thinking about at any...

Lending in Covid-19

So it’s official, we are in a recession – 2020 has delivered none of what it promised, yet delivered heartache and pain for a lot of people. I’m sure...

Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution

The Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020....

ATOmate & SuiteFiles launch their integration to automate the sorting, signing, and filing of all ATO correspondence.

ATOmate & SuiteFiles have announced their integration, which allows you to combine both systems to automate the management of all ATO correspondence. ATOmate will sort all correspondence that arrives...

Four ways to help your clients and your firm during COVID

The ongoing pandemic has provided both challenges and opportunities for business...

JobKeeper employee eligibility date changed to 1 July 2020

Aug 19, 2020 | COVID-19 updates, News

Changes to employee eligibility for JobKeeper

The JobKeeper scheme is currently legislated to end on 27 September 2020. On 21 July 2020, the...

Coming back post Covid: navigating the new normal

It’s been a heck of a year, and while we’ve all been wondering when life will return to normal, with Covid-19 continuing to have a significant impact on the...

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