The future of SMSF auditors in Australia seems to be at a crossroads, with recent actions by ASIC indicating a heightened scrutiny of the profession. The increased focus is not a sudden move but part of a long-term commitment by ASIC to uphold the integrity of the...
Featured Articles
Special articles relevant to current issues and challenges for accounting firms
Navigating New Shores: The Role of Auditors in Australia’s Climate Reporting Landscape
by Steven Watson | Apr 2, 2024 | Business Services, Featured Articles
In January 2024, the Australian Government unveiled a landmark policy statement introducing mandatory climate-related financial disclosures for certain entities under the Corporations Act 2001. The Government is committed to improving the quality of climate-related...
Implementing your clients’ vision
by Peter Towers | Mar 13, 2023 | Business Services, Featured Articles
“I need help attracting investors for a new product that I have developed.” Sound familiar? It’s a comment that the owners of SMEs often make to their accountants at this time of year. They will proudly say “I have developed a prototype and I think it is ready to take...
Audit Shield claims activity across Australia Jul-Dec 2022
by Rod Spicer | Jan 30, 2023 | Business Services, Featured Articles, Practice Management, Uncategorised
The Accountancy Insurance Claims Department continues to be busy processing claims from client accounting firms across Australia. The five most common audit activity areas 1 July 2022 – 31 December 2022 were: • Payroll Tax (All States) • Employer Obligations...
Choosing the right option to send ATO correspondence to your clients
by Stan Corner | Jan 30, 2023 | Featured Articles, Practice Management, Technology
Emails, letters, phone calls, texts, client portals, dedicated mobile apps – there’s no shortage of communication options we navigate daily. Throw in personal client preferences and getting important correspondence to your clients, and it can easily become a...
Challenges faced by accounting firms and ways to overcome them
by Boobalan MAdhavan | Nov 7, 2022 | Featured Articles, Practice Management, Team Leadership
31% of employing companies are facing difficulty finding appropriate staff. Enterprises are facing a tough time recruiting people. Staggering turnover rates, tough competition for hiring local talent, and infrastructure costs are a few among may recruitment challenges...
Rock Star Accountant
by Peter Towers | Aug 2, 2022 | Client Management, Featured Articles, Financial Services
Rock Start Accountant! This was the endorsement of American accountant, Adam Hale, Principal of Summit CPA by Christian Wielage, Managing Director, PlanGuru in the webinar presented to Australian Accountants by the Academy of CPAs (Certified Predictive Accountants)...