News : Practice Management

Accounting, Administration, Artificial Intelligence, Practice Management

Class launches two AI solutions

Class has launched two user facilities driven by artificial intelligence developed to improve the efficiency of accountants.

Class has launched two user facilities driven by artificial intelligence developed to improve the efficiency of accountants.

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Financial Advice, Financial Planning, Practice Management

Practice profit on upward trend

The advice sector is more profitable in the wake of a wave of reforms but has lost around half of its practitioners due to those changes.

The advice sector is more profitable in the wake of a wave of reforms but has lost around half of its practitioners due to those changes.

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Artificial Intelligence, Auditing, Practice Management

Don’t mistake AI role in audits

AI should not be viewed as a replacement for critical functions carried out by auditors and its output needs to be carefully reviewed.

AI should not be viewed as a replacement for critical functions carried out by auditors and its output needs to be carefully reviewed.

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Management, Practice Management, Strategy

Salter Brothers bolsters M&A capability

Salter Brothers has announced a partnership with International Mergers and Acquisitions Partners that will strengthen its M&A services.

Salter Brothers has announced a partnership with International Mergers and Acquisitions Partners that will strengthen its M&A services.

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Management, Practice Management

Small things vital for best practices

Addressing issues considered insignificant or small can improve the efficiency of an advisory practice and save employees’ time.

Addressing issues considered insignificant or small can improve the efficiency of an advisory practice and save employees’ time.

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Financial Advice, Financial Planning, Management, Practice Management

Capacity constraints stymie advisers

Capacity constraints are increasingly providing a stumbling block for advisers as they pursue their goal of servicing a greater number of clients.

Capacity constraints are increasingly providing a stumbling block for advisers as they pursue their goal of servicing a greater number of clients.

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Documentation, Practice Management, Strategy

EPOA needed when SMSF set up

An enduring power of attorney should be put in place at the time an SMSF is set up to properly manage any trustee disability in the future.

An enduring power of attorney should be put in place at the time an SMSF is set up to properly manage any trustee disability in the future.

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Compliance, Legislation, Practice Management, Regulation

FAAA launches AML/CTF solution

The FAAA is launching a new digital solution to help its members meet their AML/CTF customer due diligence requirements.

The FAAA is launching a new digital solution to help its members meet their AML/CTF customer due diligence requirements.

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Administration, Auditing, Practice Management, SMSF, Superannuation, Technology

AI already improving audit process

Artificial intelligence tools are already noticeably improving the SMSF audit process for practitioners and clients alike.

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Financial Advice, Financial Planning, Practice Management, Technology

Tech adoption may mean complete reset

self managed super, self managed super fund, self managed super funds, self managed superannuation, SMSF, technology, artificial intelligence, AI, financial advice, accounting, practice management, organisational reset, Smarter SMSF, Aaron Dunn

The rapid rate at which technology is advancing may lead to a forced organisational reset among accounting and advisory firms when adapting to change.

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