The modern accountant's role has never been more multifaceted, and with the introduction of the new TPB regulations, the role has received yet another layer of complexity.
As per the TPB Practice Note (TPBPN 5/2022), there's an increasing demand for accountants to verify the identity of their clients. While this measure intends to promote accountability and deter fraudulent activities, it is undeniably introducing a slew of challenges for professionals in the industry. |
AuthorClarity Street was conceived from years of engaging with Accounting firms on a daily basis and a constant desire to make Accounting firms & SME’s more efficient and profitable. Archives
July 2024
|