Accountants' 'extensive' knowledge brushed over in new laws
Mandatory new education requirements for accountants providing advice have been slammed for dismissing accountants’ years of training and making limited distinction between accountants and financial planners.
The incoming standards, set by the Financial Adviser Standards and Ethics Authority (FASEA), will require those with a bachelor’s degree in a “related field” - including accounting, business and economics - to complete a bridging course of three study units.
Read the full article on Accountants Daily.
