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Committee probes accounting standards regime

Committee probes accounting standards regime

Three years after the PwC scandal, a Parliamentary Committee is probing the effectiveness of accounting professional standards regimes.
Much-vaunted DDO regime no help on Shield, First Guardian

Much-vaunted DDO regime no help on Shield, First Guardian

The Joint Accounting Groups say the DDO regime confers powers on ASIC which the regulator has failed to adequately use on MISs.
Increase ASIC oversight of adviser PII say accounting groups

Increase ASIC oversight of adviser PII say accounting groups

The major accounting groups are urging that ASIC adopt the same approach to adviser PII monitoring as the TPB on tax practitioners.
Seated businessman springs over tax

TPB’s draft sheet says AI won’t shift practitioners’ responsibility

Binaya Dahal 25 March 2026 No Comments

The Tax Practitioners Board has released draft guidance on the use of AI and the Code of Professional Conduct for public consultation.

Practicing without a license

Mortgage brokers, accountants warned on unlicensed advice

Mike Taylor 20 February 2026 3 Comments

Mortgage brokers, accountants and real estate players have been warned about drifting into unlicensed advice via utilising tools and apps.

Man misses target

Govt accused of wimping it on PWC scandal response

Mike Taylor 18 February 2026 No Comments

The Institute of Public Accountants has accused the Govt of throwing small accountants under the bus by failing to act on the big players.

Tax deductible post-it note

Call for periodic reviews of Govt levies

Mike Taylor 11 February 2026 One Comment

The Federal Government should use its May Budget to finally make financial advice fees tax deductible while subjecting levies to review.

Man balances on see-saw

Work-life balance top-of-mind for accountants: CA ANZ

Yasmine Raso 5 February 2026 No Comments

Work-life balance has crept up the ranks and is essential to retain accounting talent, according to he latest CA ANZ Remuneration Survey.

Nerd accountant

Accountants want right to deliver strategic advice

Mike Taylor 3 February 2026 6 Comments

Major accounting group CA-ANZ has used its pre-Budget submission to urge that accountants be allowed to give strategic advice.

Regulatory scrutiny

SMSF auditors still under ASIC scrutiny

Staff Writer 2 February 2026 One Comment

ASIC says SMSF auditors remain problematic, especially those who are breaching the rules around in-house audits of clients.


INDUSTRY NEWS

How to retire with confidence: what successful retirees know

Financial Newswire Contributor 15 March 2026

Industry News

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A confident retirement should be within reach for every Australian, but with longer lifespans and rising living costs, retirees face growing

TPD Severity – built for today’s realities

Financial Newswire Contributor 2 March 2026

Industry News

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TPD Severity offers a modern solution that blends seamlessly with existing TPD products, giving financial advisers a flexible, smarter, and more

Challenger

Is your retirement advice built to last?

Financial Newswire Contributor 10 February 2026

Industry News

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As Australians live longer, longevity risk is reshaping retirement advice. Our guide helps advisers build resilient retirement income plans.

Unlock faster underwriting for smoother approvals

Financial Newswire Contributor 1 February 2026

Industry News

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Experience the future of faster underwriting with digital PMARs and automated decisioning. Deliver enhanced precision, smarter processing, and quicker


Filter

Graph of expectation in green, moving down to reality in red

Skilled migration mooted to address accountant shortage

Mike Taylor | 20 January 2026Major accounting group CPA Australia is backing skilled migration in the face of a big shortfall in the number of accounting graduates.
Hand holding house in front of blurred background

CA ANZ issues warning over holiday home tax changes

Yasmine Raso | 14 January 2026CA ANZ has issued a reminder to Australian holiday homeowners to remain up-to-date ahead of proposed tax changes from 1 July.
Family trusts

Accountants urge urgent family trust amendments

Mike Taylor | 18 December 2025Major accounting group, CA-ANZ has pointed to the need for urgent amendments to family trusts legislation to reflect modern practice.
Jenny Wong

CPA urges sweeping tax reform to boost growth

Binaya Dahal | 17 December 2025In a submission to the Board of Taxation’s Red Tape Reduction Review, CPA Australia has outlined issues and recommendations to overcome them.
Audit

ASIC strong on auditor levies, less so on quality

Mike Taylor | 16 December 2025The ANAO has found ASIC only partly fulfilling its brief in regulating auditors - strong on levy payment and compliance, less so quality.
Wooden figures grouped inside a circle and standing outside

CA ANZ reports some progress on DEI but gaps remain

Yasmine Raso | 4 December 2025CA ANZ's latest DEI Survey Report confirmed the progress made in the last four years, but highlighted several challenges that remain.

Concerns flagged over proposed standards bodies merger

Yasmine Raso | 1 December 2025CPA Australia has raised governance concerns over the Government's proposed reforms to the Australian financial reporting system.
Time warp

Accounting groups urge 2 year pay day super transitional relief

Mike Taylor | 11 November 2025The major accounting groups are urging the ATO to extend by two years transitional compliance support on pay day superannuation.