On 1st July 2021, the ATO launched new SMSF Audit independence standards that included in-depth clarification on the complexities surrounding the provision of audit services alongside non-assurance services. In the new standards, ATO guidance confirms that even where...
Financial Services
Financial advice including wealth creation, insurance and lending services
Real property and real independence
by David Saul | Mar 8, 2018 | Financial Services
How do you attribute value to real property? And is this value consistent for all purposes, such as both claiming CGT relief as well as accumulating towards Total Super Balances? Valuation Methodology Independent professional valuations are the best evidence to...
It’s Time!
by Peter Towers | Dec 11, 2017 | Financial Services
If accountants want to be involved in an exciting “new income stream” – now is the time to make sure that your team has been trained and reviews have been undertaken to identify clients who might be interested and that you are ready to roll out a fantastic service....
Equity Crowdfunding Forecast to Grow Tenfold in Just 5 Years!
by Peter Towers | Nov 16, 2017 | Financial Services
Australia is expected to follow Crowd-Sourced Funding trends in the United States and United Kingdom as these markets have already adopted Crowd-Sourced Funding reforms which have overseen massive growth in capital raising via Crowd-Sourced Funding platforms. What an...
Are Super Reforms set to close the SMSF gender gap?
by Class | Nov 10, 2017 | Financial Services
As the impact of Super Reforms continues to roll-out across the SMSF industry, the latest Class SMSF Benchmark Report reveals interesting insights into the average SMSF balances of males and females, and poses the question, will Super Reforms close the gender gap? You...
Is your super trapped in a Fat Cat Fund?
by Lauren Franze | Oct 13, 2017 | Financial Services
Stockspot’s annual Fat Cat Funds Report has found there is over $45 billion stuck in what it deems ‘Fat Cat Funds’. The company looked at a record 4,102 funds to assess how they have performed after fees since 2012. For the past 5 years, Stockspot has been campaigning...
Crowd-Source Funding Equity Raising
by Peter Towers | Oct 13, 2017 | Financial Services
Crowd-Sourced Funding Equity Raising is in the final launch stage before being available to Australian small/medium enterprises which could benefit by being able to raise capital from the public. Now is the time for proactive accountants to identify clients who might...