In recent years, there’s been a strong trend for small and medium-sized business who could not otherwise afford an internal CFO to outsource this role to accountants and other financial specialists. An external CFO is a person or an accounting firm that takes on the...
Financial Services
Financial advice including wealth creation, insurance and lending services
Findings from the Accountancy Insurance Claims Department
by For Accountants | Jul 16, 2014 | Financial Services
The patterns of claims across the last financial year (2013-14) have overall followed suit to that of the earlier financial year (2012-13). Without an astute eye, many would assume it is a mirror of the previous years’ review. Key findings from the Accountancy...
How do I know if My Super Fund Audits are Done Properly
by For Accountants | Jun 18, 2014 | Financial Services
Yes, this is a question for firms undertaking the administration of superannuation funds. It should also be a question asked by Fund Trustees. Agreed, sometimes the price is no indicator of whether or not the audit is done “properly”. Here are some of the matters I...
Some Activities Included In an Offer of CFO Services
by For Accountants | Jun 18, 2014 | Financial Services, Practice Management
The firms, which are offering Chief Financial Officer (CFO) services to their clients, are doing so, based on market feedback from surveys conducted by companies such as CCH, MYOB, Smithink2020 and others. These have indicated a significant number of SMEs require a...
Accountants reveal top 5 EOFY mistakes by SMEs
by For Accountants | Jun 15, 2014 | Financial Services
The end of financial year (EOFY) is just around the corner and Australia’s EOFY experts have revealed the most common slip-ups SME clients make around this crucial time of year. These include miscoding bank transactions and no contact with their accountant over the...
RatesMate ~ A Quick Reference Technical Library ~
by For Accountants | Jun 11, 2014 | Financial Services
Handy links from RatesMate - www.ratesmate.com.au Medicare Levy Charges for 2013/2014
Accountants need to consider advice options around SMSF
by For Accountants | Jun 11, 2014 | Financial Services, Latest News
Accountants providing advice on the establishment of self-managed superannuation funds (SMSF) should not automatically consider becoming licensed as the solution to the end of the exemption in 2016. Securitor Offer Development Strategic Growth manager Stevie-Ann...