The web-based application has been developed to help accountants understand their licensing needs and requirements under the government’s new regulatory framework, which is effective 1 July 2016.
After completing an online questionnaire, accountants will be contacted within one business day so their licensing needs can be confirmed and their options explained to them in detail.
“Having spoken to hundreds of accountants in the last 12 months, we’ve learned that there’s a lot of confusion, misinformation and a general lack of information in the market around licensing, which is why we developed this app,” said Greg Holman, director of GPS Wealth and the app’s creator.
“Our goal is to educate accountants on their licensing options because time is ticking away. Getting ready for the new regime doesn’t have to be complex or expensive and the app aims to make it easy for accountants to move forward with confidence,” he said.
“The app was designed to make information on licensing readily available to more accountants because there’s only 10 months left before the accountants’ exemption is removed which will force many accountants to be licensed in order to continue providing the services they’ve always provided.”