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
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...
Helping your clients with their lending requirements. It’s easier than you think!
by Steve Lake | Jan 30, 2023 | Business Services, Financial Services
Hi all and welcome to 2023. We are already close to the end of January can you believe it! I thought I would start the year with going back to basics and write about WHY an accounting firm / accountant would get involved in the debt solutions for their clients. A lot...
Auditing the Auditors – What’s changed in the past 12 months?
by Steven Watson | Dec 22, 2022 | Business Services, Financial Services
This time last year, we provided feedback on ASIC’s Audit Inspection Report for the 2020/21 Financial Year. In this report, ASIC found that insufficient work was done in 23% of the 115 key audit areas reviewed across 35 files from the six largest audit firms. ASIC has...
Audit Training – Why It’s Important & What to Consider
by Danielle Nye | Dec 5, 2022 | Client Management, Financial Services, Practice Management
Upskilling your people enhances the overall quality of the services performed by the audit profession, reduces risk of non-compliance with regulatory and legislative requirements, and more importantly, creates ongoing succession plans within not only your audit...
Cryptocurrency and SMSF Audits – What do you need to check?
by Sharmaine Duran | Nov 2, 2022 | Financial Services, Technology
Whilst trustees have the ability to invest in cryptocurrency through their SMSF, there are some important considerations to address. The non-tangible nature of cryptocurrencies requires SMSF members to keep accurate records, but many are failing to do so, opening...
Research and Development – Whilst not Perfect, is Important for SMEs
by Peter Towers | Sep 7, 2022 | Financial Services
Some ambitious academics have their eyes firmly focused on getting a slice of the Research & Development (R&D) pie that currently belongs to the SME sector. Having suffered financially from a lack of foreign students during COVID, a number of tertiary...