Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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One industry lawyer has outlined key areas of the new licensing regime that a worrying portion of accountants continue to misunderstand, warning it’s not unlikely that ASIC will "make an example" of non-complying professionals.
All accountants, including those choosing not to become licensed under the AFSL regime, need to have a "very good understanding" of what constitutes financial product advice under theCorporations Act, solicitor at The Fold Legal, Jaime Lumsden Kelly, told SMSF Adviser.
Read the full story at SMSF Adviser.