There is still significant reluctance for accountants and financial planners to communicate with each other when servicing clients due to a mutual lack of respect between the professions, a panel has been told.

Accountants, financial advisers and business owners have a new cloud-based application that will give them unrivalled insight into company financial performance, allowing smarter scenario planning and business analysis.

The proposed increase in registration fees for new auditors of SMSFs has triggered major concerns about its impact on the already low number of practitioners servicing the space, according to the Institute of Public Accountants (IPA).

SuperConcepts has today announced an update to its cloud-based SMSF accounting platform, SuperMate, as part of its commitment to helping accountants and advisers improve their business.

The opportunities and the commercial/client benefits arising from the converging of financial planning and accounting practices are too significant to ignore but many are reluctant to embrace this shift, according to Australian Wealth Solutions (AWS).

Chartered Accountants Australia and New Zealand (CAANZ) has appointed accounting services provider AccountantsIQ as its financial advisory services senior policy adviser.