News : Accounting

Accounting

Accountants view SMSFs as revenue boost

SMSF accountants revenue

Accountants expect SMSF-related advice will create a sizeable boost to their practice revenue, with nearly half predicting a rise in the next three years.

read more
Accounting, Financial Planning

SMSF accountants lead set-up advice

accountants SMSF set-up

While SMSF members are the driving force behind the creation of many new funds, accountants appear to be the favoured advice provider, according to new research.

read more
Accounting, Investments

Licence not key for investment strategy help

SMSF investment strategy

An active role in assisting SMSF clients with their investment strategies can be fulfilled by unlicensed practitioners.

read more
Accounting

Flawed LRBAs will create unfixable NALE taint

LRBA NALE

LRBAs started in non-arm’s-length circumstances will trigger NALE unless they are ended and restarted on new terms that comply with new ATO requirements.

read more
Accounting, Auditing, Documentation

New aid for amended audit process

MyWorkpapers accounting audit

A new cloud-based service has been introduced to the market to make supporting document transfers between accounting and audit firms more secure.

read more
Accounting

Year-end investment strategy review wise

SMSF strategy review

The super fund investment strategy should be reviewed annually in conjunction with the end of the financial year.

read more
Accounting, Financial Planning

Accountants backing away from SMSF advice

SMSF advice accountants

The number of accountants offering advice to SMSF clients via financial planning arrangements has dropped markedly in the past year.

read more
Accounting, Financial Planning

Accountants consolidate their standing

accountants ethical

Australians still regard accountants as the most ethical and honest finance-related practitioners.

read more
Accounting, Practice Management

Pricing behaviour needs to change

Accounting client pricing

Formulating an appropriate price to charge accounting clients must be driven by what the practice feels the advice is worth and not unrelated, external factors

read more
Accounting

Discounts must be compensated

accounting fees

Accounting firms must request adequate compensation for any discount to their service fees requested by a client.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.