Could you pay remote workers less?
From www.accountingweb.co.uk: Accountancy firms can significantly reduce costs by embracing remote working, as many employees are willing to accept lower pay for the flexibility … read more
Professional Practice
More Flexible FSG Requirements
From sophiegrace.com.au: Effective from January 8, 2025, changes to FSG Requirements allow financial advisors to disclose their financial services guide either directly or via … read more
Conflicted Remuneration definition changes – benefits given by clients are now easier to receive
From sophiegrace.com.au: Changes to the definition of Conflicted Remuneration now clarify that benefits provided by clients are not conflicted remuneration, encompassing monetary and non-monetary … read more
Consent Requirements OFA simplified from 10 January 2025
From sophiegrace.com.au: Effective 10 January 2025, the Ongoing Fee Arrangements renewal process will be simplified, removing the need for a Fee Disclosure Statement but … read more
CFO roles will expand and create more value in 2025
From www.accountingtoday.com: In 2025, CFOs will see their roles expand due to talent shortages, rising cybersecurity threats, and the increasing adoption of AI, which … read more
When’s the right time for pastures new?
From www.accountingweb.co.uk: Accountants should take the beginning of the year as an opportunity to reevaluate their career paths and consider whether it may be … read more
AML/CTF reforms in Australia Q&A
From www.charteredaccountantsanz.com: Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms, passed on December 10, 2024, will include nine professional services, such as assistance in … read more
Surge in Breach reporting Enquiries
The Institute of Public Accountants reports a surge in inquiries regarding significant breach reporting obligations that require registered tax practitioners to notify the Tax Practitioners … read more
Ban sticks for Tax Agent’s CPE lies
A tax agent has lost his bid to suspend a four-year ban imposed by the Tax Practitioners Board (TPB) for inflating his continuing professional education … read more
Future of Jobs Report 2025
Among the “Top Fastest Declining Jobs” listed in The Future of Jobs Report 2025 published by the World Economic Forum are Accounting, Bookkeeping and Payroll … read more
Big Boys Investing Into Accounting
From www.goingconcern.com: Blackstone has acquired a stake in Citrin Cooperman as part of a significant investment deal, following the firm’s earlier partnership with New … read more
Breach reporting guidance
Reported by www.accountantsdaily.com.au: The Tax Practitioners Board recently issued guidance highlighting that tax practitioners must self-report significant breaches of the Code of Professional Conduct, … read more
IRS proposes banning contingency fees
From www.accountingtoday.com: The Treasury Department and the IRS have proposed significant amendments to Circular 230 that would ban contingency fees for tax return preparation … read more
Mixed demand for advice roles in 2025
From www.professionalplanner.com.au: Demand for financial planning roles in 2025 remains mixed, with experienced advisers and client services positions being particularly challenging to fill.
Female … read more
Art of Accounting: Make 2025 your best year ever
From www.accountingtoday.com: To achieve growth in 2025, accounting firms should focus on providing more services to both existing and new clients.
Emphasizing organic growth … read more