Accountants have been urged to “leave the ego at the door” and create a working synergy with professionals from other disciplines for the best outcome of the client. Speaking at a roundtable discussion at the SMSF Association National Conference, BDO partner Shirley Schaefer said accountants, auditors, and financial advisers would achieve a much better outcome for their clients if they would work together. “I actually think a meeting of the three advisers to go through and flesh out the compliance issues particularly is a good idea, because you can always then bounce ideas off each other, you can get additional information, you can actually have the conversation and without providing strategy advice, you can at least flag those issues up,” said Ms Schaefer. “We’ve certainly found that with our clients, making sure we have open lines of communication is the best way to go. “We all have an ego to a certain extent and we all think we’re good at what we do but you don’t want to use it as a fear mechanism so if [an adviser] questions something that I’ve done, the first response is to throw up a defence mechanism but we just need to accept the … Continue reading Working together & achieving better outcomes