Every accountant knows that reviews or audits 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...
Financial Services
Financial advice including wealth creation, insurance and lending services
Introducing PI Shield
by For Accountants | Sep 5, 2014 | Financial Services
Accountancy Insurance is excited to announce the new partnership with Acerta and the launch of our new offering, PI Shield. We will now be aligned with a market leader in professional insurance which will re-define the level of service, quality of cover and...
BankLink Bank Feeds
by For Accountants | Aug 25, 2014 | Financial Services
For Accountants who are not sure just what Financial Institutions do supply data feeds to BankLink, check here for the most up to date list. BankLink Bank Feeds For more information about BankLink, view their listing here
Don’t Forget the New Standards
by For Accountants | Aug 13, 2014 | Financial Services
Originally published here on July 23rd, 2014 by Carmen Ridley I have just finished my round of financial reporting updates for 30 June 2014 and have to admit, I have been disappointed and a little scared about the lack of awareness of the new AASB’s which are...
SMSF – Hypothetical Questions Accountants Ask
by For Accountants | Aug 11, 2014 | Financial Services
Every now and then I get a call from an accountant saying something like, “You audit over 70 of our SMSFs, but we have a problem with one fund." Then they go on to say, “the trustees have… and I wonder if we get them to fix it by…., hypothetically how will that...
Are your tax research skills the best they can be?
by For Accountants | Jul 28, 2014 | Financial Services
Research skills are essential to acquiring the information you need to put your role into best effect, but is the time you’re investing into research as productive as it could be? Tax practitioners at all levels of experience need to research tax issues as part of...
When thinking about tax – Look to your own structure!
by For Accountants | Jul 17, 2014 | Financial Services
For some time now the ATO have been reviewing professional practices. Their concerns relate to the following broad areas: Situations where an individual employee sets up an entity to hold an interest in the employer business and that individual's remuneration from...