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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.

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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
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    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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