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ASIC licensing rules for accountants ‘onerous, unnecessary’

simple forex trading strategies work There was never a solid enough reason to remove the accountants’ exemption and the current licensing regime for accountants is out of step with industry practice, according to some licensing consultants.

Bonuses In the wake of the accountants’ exemption phase out — which allowed accountants to provide basic SMSF services without an Australian Financial Services Licence — new licensing options have been largely unpopular with accountants, particularly the limited licence.

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Read the full article on Accountants Daily.

One thought on “ASIC licensing rules for accountants ‘onerous, unnecessary’

  • September 3, 2017 at 3:13 pm

    find more info It is absolutely ridiculous. As an SMSF auditor ASIC say I am qualified to examine the intricate details of a super fund and report to the world that it complies with all required legislation, but I can’t tell someone they should put some money into super.
    Top effort, ASIC.

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