Financial advice including wealth creation, insurance and lending services
1 July to 31 December 2023 The intricacies of the Australian Taxation Office (ATO) and other government revenue authorities’ audit activities are ever evolving. They demand constant vigilance from businesses, self-managed superannuation funds (SMSFs), individuals and...
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...
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...
The purpose of a financial audit is to provide assurance that financial statements are presented accurately and in conformity with generally accepted accounting principles (GAAP) allowing business owners to make confident business decisions. External financial audits...
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)...
Any accountant or financial adviser, particularly those working in the SMSF space would have experienced downward pressure on profits over the last 5 years. Increased complexity and compliance requirements have led to a blow out of SMSF administration time, and it can...
Every accountant knows that audits or reviews of your client’s tax returns, or financial compliance obligations can sometimes be unavoidable. When an audit hits, this is rarely a reflection of the work put into preparing the return and is more often due to a specific...
