Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise yesterday.
READ MOREExisting providers on a ‘career break’ offered FASEA relief
The corporate regulator has issued fresh information for “existing providers” taking a career break by 31 December 2021 regarding their obligations to pass the FASEA exam.
ASIC has confirmed existing providers taking a career break by 31 December this year will not be required to pass the FASEA exam by 1 January 2022 to retain their “existing provider“ status and, as such, would not be considered new entrants upon their return.
Read more at Independent Financial Adviser.
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Accountants to decline ‘capacity to repay’ requests
Several accountancy associations have advised members to decline requests to provide “capacity to repay”...
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Heavy cryptocurrency exposure to attract auditor scrutiny
SMSFs with a significant exposure to cyrptocurrency assets are likely to be viewed as high risk at audit time...
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