The workshops, which will be delivered by Licensing for Accountants and Holley Nethercote financial services lawyers and are sponsored by CPA Australia, aim to provide much-needed practical support and information to accountants operating under a limited licence.
Designed in response to the challenges accountants are facing, the workshops will include guidance on both advice and compliance requirements, Licensing for Accountants CEO Kath Bowler said.
“They’re used to giving advice, but they’re not used to the structure and the framework that they now have to follow,” Ms Bowler told Accountants Daily.
“It’s this unusual situation where you’ve got experienced advisers with training wheels on, so [it’s about] giving their confidence back that their advice is right, but this is how you have to document it and these are the checks and balances along the way.”
Ms Bowler said Licensing for Accountants launched the workshop series after successfully running similar sessions for its members.
“We’d been talking to the accounting bodies around the support that they wanted to provide their members in this space and so we thought we would open up the workshop to non-subscribers because they need some practical help,” she said.
“We’ve had a lot of positive feedback about how workshopping together with people going on a similar journey has been enormously beneficial, so this will enable limited licence holders to work together on resolving their challenges and maybe realise that they’re all in the same boat and sometimes it’s not as bad as they might think.”
CPA Australia’s director of public practice, Peter Docherty, said he was excited to be supporting the event and subsidising the cost for participants.
“CPA Australia is committed to supporting accountants who have embarked on the limited licensing journey and these workshops are a fantastic opportunity to deliver on that commitment,” Mr Docherty said.