http://www.adviservoice.com.au/2014...enders-advice-certificates-may-breaching-law/
I had an accountant friend ask me a while back if I could sign one of these. At the time I said 'no problem'... Until I saw the actual document. I then told him I wasn't prepared to do it as it essentially puts all the risk on the adviser/accountant and off the lender. Also, it appears it may be illegal as per the link above.
I had an accountant friend ask me a while back if I could sign one of these. At the time I said 'no problem'... Until I saw the actual document. I then told him I wasn't prepared to do it as it essentially puts all the risk on the adviser/accountant and off the lender. Also, it appears it may be illegal as per the link above.