How outsourcing led to a 30% boost in growth for this financial services provider Located in NSW, this financial services provider has been helping its clients achieve their financial goals for over a decade. The firm is continuing to grow – both organically and...
Financial Services
Financial advice including wealth creation, insurance and lending services
ASIC releases first integrated financial reporting and audit surveillance report
by Steven Watson | Nov 17, 2023 | Financial Services, Practice Management
ASIC has released its inaugural integrated financial reporting and audit surveillance report, highlighting the need for improved disclosure of material business risks, impairment of assets, and revenue recognition in financial reports. Report summary The report, which...
Embracing Digital Disruption: How Auditors harness the power of technology for financial reporting
by Steven Watson | Jul 17, 2023 | Accounting Software, Financial Services
Financial reporting is a crucial process which provides valuable information about a company's financial performance and position. Auditors play a vital role in ensuring the accuracy and reliability of financial reports, giving stakeholders confidence in the reported...
NLG Education Series Part 2 – SMSF Lending for Accountants
by Steve Lake | Jul 11, 2023 | Financial Services
Welcome to the NLG education series for accountants on all things lending. At NLG we are invested in education our partners around all things lending. As we step into some uncertain waters around the economy in general, rising cost of living and interest rates we feel...
The future for SMSF auditors as ASIC continues to crack down on breaches
by James Song | May 23, 2023 | Financial Services, Practice Management
On 13th April 2023, ASIC announced actions against 11 SMSF auditors for breaches of their obligations, including breaches of auditing and assurance standards, independence requirements, registration conditions, or because ASIC was satisfied the individual was not a...
Taking data security and privacy to the next level
by Roman Kaczynski | Mar 8, 2023 | Financial Services, Latest News, Software Support
At Accountancy Insurance, we take the security of our own data as well as the data of our clients very seriously. Within our security protocols we have established a set of policies, processes and controls designed to produce predictable information security...
What auditors and accountants need to know about ESG
by Steven Watson | Mar 6, 2023 | Accounting Software, Financial Services
The call for corporate accountability for environmental, social and governance (ESG) issues is getting stronger. In early March 2023, ASIC accused a retail superannuation giant of misleading members about the sustainability of its investments in a landmark...