Category: Accountants Bridging Course

A recent white paper claims that digital disruption will have a significantly adverse effect on accountants who are unable to adapt. According to the white paper by non-institutionally owned licensee GPS Wealth, accounting is likely to be the next sector hindered by digital disruption, claiming it, “will destroy accounting practices that are inefficient, inflexible and provide … Continue reading Can Accountants Adapt To Meet The Demands Of Digital?

The deadline for the accountants’ exemption is fast approaching, yet accountants are still confused as to what their RG146 requirements are. With the accountants’ exemption phase out scheduled for the end of June 2016, ASIC has said that the number of limited AFSL applications it has received amount to only 121. This figure only accounts for one … Continue reading What every accountant ought to know about RG146

According to data, only 15 per cent of accountants that provide advice on SMSF are authorised to provide investment advice while only 13 per cent are RG146 compliant. The Investment Trends data found that out of the total number of accountants in public practice and advising SMSFs (33,000), only 5,000 are authorised representatives able to … Continue reading Only 15% of accountants providing SMSF advice RG146 compliant