Accountant Letters: To-do or not-to-do?

Clients are facing increasingly tougher requirements to secure finance, resulting in banks more often asking accountants to supply an Accountant’s Letter. However, the scope of the letter as well as the accountant's obligations, has been unclear and inconsistent between lenders.

To address this very issue, Chartered Accountants Australia & New Zealand, CPA Australia and The Institute of Public Accountants have teamed up to develop the "Accountant's Letter toolkit", to help accountants determine whether they should, or shouldn't supply such letters.

Hosted by Ignition, this session has been designed to help you understand your obligations when it comes to Accountant’s letters. Join Keddie Waller (Professional Standards at CPA Australia), Kristen Wydell (Professional Standards at CA ANZ), and Vicki Stylianou (Professional Standards at IPA) as they share their insights and practical tips.

This must-attend session will cover how to:

• Understand licensing requirements for providing the letter, particularly in relation to personal lending and other situations.
• Evaluate whether providing the letter could be seen as offering credit assistance.
• Explore professional indemnity insurance coverage for accountant's letters.
• Assess your skills, abilities, and information to ensure accurate completion of the letter

CAANZ members may claim webinar attendance as CPD hours if personally satisfied it is professionally relevant and meets the CPD requirements set out in the CR 7 Continuing Professional Development requirements for CAANZ.

CPA Australia members may manually record webinar attendance in their CPD Diary if the activity increased knowledge or skills in relation to the member's job role or career aspiration.

IPA Members can enter their attendance to the webinar as structured CPD activity.

The Tax Institute members can record the webinar attendance as structured CPD if it is relevant to their role.