Ever increasing complexity means most individuals can't run their SMSFs without professional support. As the industry matures, it's worth asking whether practices are adequately meeting the needs of SMSF members. What do these members value and how much of that value...
Latest News
Recent news updates on issues relevant to accounting and advisory firms
Why Technology Needs A Human Face
by Dale Crosby | Dec 15, 2016 | Latest News, Practice Management, Technology Support
Public practice accounting is similar to most other industries that are starting to feel the real impact of technology on the way in which we manage our work, our people and our clients. It often seems that we’re rushing headlong into a future where the machines have...
5 industry trends accountants should take note of in 2017
by Magnus Yoshikawa | Dec 15, 2016 | Latest News
Today more than ever, change is constant and relentless. And its rate (unlike Australia’s interest) continues to increase, driven in no small part by technology and digital innovation. With this in mind, we’ve taken a look at trends we’re seeing across a range of...
Residency Status – The ATO Is Watching
by Rob Power | Dec 15, 2016 | Latest News
The number of individuals leaving Australia on overseas postings and assignments has increased significantly over many years and the primary question to resolve is whether, upon departure, they will cease being a resident of Australia for income tax purposes. Some...
The top 4 business concerns for accountants in 2016 – and how to overcome them
by Peter Lawson | Dec 15, 2016 | Latest News
It was interesting reading the latest Accountant’s Report 2016 prepared by Bstar. This report listed the four top business concerns facing accountants in 2016. These concerns are listed in order of priority as:- Attracting new high value business clients Transitioning...
8 hours with a group of directors was enlightening
by Peter Towers | Dec 15, 2016 | Latest News
I found out the benefits of spending eight hours with directors from small/medium enterprises a couple of weeks ago. It was very educational to listen to the questions and the comments made in the subsequent one hour interviews with each of the directors who...
Class SMSF Benchmark Report finds non-aligned platforms gaining market share
by Kevin Bungard | Dec 15, 2016 | Latest News
Investment platforms have maintained their share of self-managed super funds in the past two years but the market share of the providers has shifted in favour of the non-aligned platforms, Class has found in its latest SMSF Benchmark Report. The September quarter...