It’s not so long ago that we had to personally engage with customers to communicate, either via phone or face-to-face. Writing a letter was the last resort, it had to be delivered by the post.
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The government and regulator should consider simplifying the production of SOAs and creating a separate SMSF adviser profession with its own compliance requirements, according to an advice software provider.
The accounting profession does not have to follow in the footsteps of the financial services industry and raise minimum education requirements, Treasury has been told.
The return of the accountants exemption is the first step to fixing the broken SMSF advice process, while the government and regulators should also consider simplifying the production of SOAs and creating a separate SMSF adviser profession with its own compliance requirements, according to BGL.
A software boss has voiced his frustration with the accountants’ exemption debate, arguing that two professional associations have failed to back members’ sentiments.
Digital transformation strategy has been top of mind of late for most organisations. As seemingly endless waves of new technologies change consumption habits, organisations have been forced to rethink their purpose and pivot accordingly or be left in the dust (remember Blockbuster?).
A new push has emerged for the reinstatement of the Accountants’ Exemption with some people suggesting accountants are being let down by the major accounting groups.
Research has shown that mindfulness in the workplace reduces stress, makes people better leaders, aids concentration and enables greater self-awareness.
On day one of Xercon 2019, I was joined by Paul Murray from AccountKit.
Paul is the Co-Founder of AccountKit and also Murray Business Solutions. Paul is an accountant, he is also the son of an accountant and Paul is married to an accountant. However, it hasn’t always been Accounting for Paul as he spent 8 years building video games.
Follow us on Twitter @BGLDot
Follow Paul @AccountKit_Paul
Software provider BGL has released a new tool to automate the processing of investment distribution data for annual SMSF tax statements.
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