Client fee increases slowing
From www.ifa.com.au: Advisers are slowing the increase of client fees after a seven-year climb, where the median cost of advice nearly doubled from $2,510 … read more
Professional Practice
ESOP Accounting Firm CEO Talks Some Shit About PE-Backed Firms
From www.goingconcern.com: (US/UK context) ESOP accounting firm CEO Louis Grassi emphasizes the importance of ownership structures in the accounting industry amidst increasing private equity … read more
Managing client conflict
From www.professionalplanner.com.au: Financial advisers frequently encounter challenging client situations, such as clients pushing for aggressive investment strategies or tension between partners with differing financial … read more
Clients: Don’t Trust a CPA With a Word Cloud on His Website
From www.goingconcern.com: (US context) A CPA from Franklin, Tennessee was indicted for wire fraud, money laundering, and tax fraud after allegedly transferring over $US3.9 … read more
cybercrime targets accountants
From bookmarklee.co.uk: Cybercrime poses a significant threat to accountants, making them prime targets for hackers due to their access to sensitive client information.
Accountants … read more
Report: block super fund advice pending retirement performance test
From www.professionalplanner.com.au: Superannuation funds should be barred from offering personalized financial advice until all account-based pension products are subject to an APRA performance test, … read more
Data Protection for FinTech-Driven Accounting Firms
From LegalVision: FinTech-driven accounting firms in Australia must implement robust data protection policies to comply with the Privacy Act 1988 and safeguard sensitive financial … read more
Accountants can fill advice gap
From www.smsfadviser.com: Accountants are viewed as well-positioned to fill the gap in financial advice, according to industry expert Aaron Dunn, who suggests they could … read more
What innovation and extreme sport have in common
From www.aumanufacturing.com.au: Professor Mark Kendall, founder of WearOptimo, is developing innovative sticker-like sensors that monitor biosignals just below the skin’s surface, focusing initially on … read more
CFOs: how to nurture your relationship with the CEO
From www.icaew.com: CFOs play a critical role in supporting CEOs by providing multifaceted advice and scrutinizing business strategies while maintaining a strong partnership characterized … read more
‘Significant variation’ in ATO’s approach to financial abuse
From www.accountantsdaily.com.au: The Tax Institute reports significant variability in the Australian Taxation Office’s (ATO) handling of financial abuse cases, particularly affecting victims of partner … read more
Treasury mulls ATO portal access for advisers
From www.ifa.com.au: Treasury is considering granting financial advisers access to the ATO’s Online Services for Agents portal, recognizing its potential to improve efficiency and … read more
May an expert correct his determination in a subsequent report?
From expertsdirect.com: Philip and Kam Wing Yan contested the validity of two expert valuations by Ernst & Young (EY) regarding commercial properties tied to … read more
ART affirms TPB decision to protect public interest
Philippe Colin’s application to overturn the Tax Practitioners Board‘s decision to terminate his registration and impose a 4-year ban was rejected by the Administrative … read more