Adviser banned for recommending SMSFs
From www.smsfadviser.com: The Financial Services and Credit Panel has issued a two-year registration prohibition order against a financial adviser for recommending clients establish SMSFs. … read more
Professional Practice
Financial advisers’ favourite investment strategy
From morningstar.com.au: Investment strategies such as strategic vs. tactical asset allocation and core/satellite investment approach are discussed, highlighting their uses, risks and the influence … read more
Trustee skills key to charity governance
From www.icaew.com: (UK context) Charity governance requires trustees to possess a balanced mix of skills and understanding to effectively manage organizations and ensure compliance … read more
Due diligence around tech
From www.ifa.com.au: Fraser Jack, founder of The Cyber Collective, emphasizes the need for financial advice firms to conduct thorough due diligence on new technologies … read more
What TF Is Going on With CPA Exam Pass Rates?
From www.goingconcern.com: (US context) The Q4 2024 CPA Exam pass rates reveal significantly low percentages.
The results indicate the lowest quarterly FAR pass rate … read more
The Future of Accounting podcast
From insightfulaccountant.com: (US context) Roger Knecht, president of Universal Accounting Center, discusses key trends in the accounting industry, emphasizing the importance of bookkeeping, tax … read more
Jones hints at exclusion for CSLR
From www.professionalplanner.com.au: Outgoing Minister for Financial Services Stephen Jones indicated that the ‘but for’ provision in the Compensation Scheme of Last Resort (CSLR) may … read more
ATO service standards
From www.accountantsdaily.com.au: Chartered Accountants ANZ has called for increased funding for the ATO and the IGTO to improve service standards and efficiency amidst declining … read more
Adviser education reforms
From www.smsfadviser.com: Financial Services Minister Stephen Jones has announced reforms to the education requirements for financial advisers to create a sustainable pathway for new … read more
Boardroom Brief week commencing 10 February 2025
From gtlaw.com.au: This week’s boardroom brief provides crucial updates for non-executive directors, highlighting legal charges against two directors, ASIC investigation outcomes, a Full Federal … read more
Art of Accounting
From www.accountingtoday.com: Edward Mendlowitz participated in an interview on Scotty Scarano’s Accounting High podcast, discussing the importance of creating a compelling reason for clients … read more
Web3 transforming accountancy
From publicaccountant.com.au: Web3, the decentralized iteration of the internet built on blockchain technology, is transforming the accountancy field by facilitating peer-to-peer financial transactions and … read more
AI agents to reshape accounting firms’ business model
From www.accountingtoday.com: Agentic AI is poised to revolutionise accounting firms by accelerating the decline of the billable hour model, making current outsourcing methods obsolete, … read more
Has AI made firms more vulnerable to cyber crime?
From www.ifa.com.au: Advancements in artificial intelligence provide both efficiencies for financial advisers and increased vulnerability to cyber threats, as hackers can leverage the same … read more
Everyday ethics: Competing client interests
From cpaaustralia.com.au: A potential conflict of interest arises for a tax and advisory service provider working with two competing companies planning to merge, as … read more