Professional Practice

From www.accountingweb.co.uk: Pete Fendall became the chief finance and operating officer at Dow Schofield Watts at the age of 32, making him one of … read more

From www.smsfadviser.com: The Tax Practitioners Board has released guidance emphasizing the obligation for tax practitioners to self-report breaches resulting from third-party software usage, effective … read more

From futurefirm.co: Project management is essential for accounting firms to streamline operations and enhance efficiency by clearly defining tasks, deadlines, and responsibilities.

The guide … read more

From faaa.au: Building trust with clients in financial advice requires transparency in communication, consistency in actions, and a deep understanding of clients’ goals.

Financial … read more

From www.smsfadviser.com: Former Dixon Advisory client Jan Smith testified at a Senate inquiry that promoting in-house products enabled unscrupulous advisers to exploit clients for … read more

From www.ifa.com.au: The number of members expelled from the Australian Financial Complaints Authority nearly doubled from 443 in 2023 to 859 in 2024, primarily … read more

From grantthornton.com.au: Tax due diligence provides a comprehensive review of tax compliance, liabilities, and governance in potential acquisitions, playing a crucial role in identifying … read more

From www.aicd.com.au: Directors and Officers (D&O) insurance protects senior leaders from personal financial harm resulting from legal claims related to alleged wrongful acts, mismanagement, … read more

From www.financialstandard.com.au: Arthur J. Gallagher & Co has acquired Western Australia-based Wealth Management Partners (WMP), specializing in retirement plan risk management.

The entire WMP … read more

From www.accountantsdaily.com.au: An industry consultant warns that many accountants are facing burnout due to excessive workloads, with some working up to 70 hours a … read more

From www.goingconcern.com: The PCAOB’s new rule, PCAOB-2024-06, requires accounting firms to report detailed metrics regarding audit workloads, staffing, and training, prompting strong opposition from … read more

From www.ifa.com.au: Liberal MP Bert van Manen has introduced a private member’s bill aimed at streamlining the excessive paperwork and regulations surrounding statements of … read more

From futurefirm.co: A solid accounting firm business plan helps avoid common pitfalls, such as taking on unsuitable clients and hiring the wrong team members. … read more