Introduction

What happened?

Why it matters

What to do next

Resources and links

PPSA compliance can be easy to overlook, but missing the right steps can have serious consequences for clients who hold, lease, hire or supply business assets. 

In this episode, Simon Read, Founder and Director at PPS Advisory, explains why structure alone may not protect assets in an insolvency scenario, and what smaller practices should be aware of when advising clients with asset protection structures, related-entity leasing arrangements, financed equipment, or equipment supplied to customers. 

In this episode, we cover: 
Why PPSA compliance matters for asset protection structures
How clients can lose ownership interests in plant, equipment or vehicles
Which client arrangements may create PPSA exposure
How accountants can help clients spot the issue early and seek specialist advice where needed 

Resources and further reading: 
Visit the Smaller Practices Centre for general practical tools and guidance 
Learn more about Simon Read CA and PPS Advisory 

Helpful checklists from PPS Advisory
PPSA checklist for equipment owners, hirers and leasing businesses
PPSA checklist for businesses selling goods on credit

These third-party resources are provided for general information only and do not constitute legal advice. Consider seeking professional legal advice for your circumstances.

PPSA compliance can be easy to overlook, but missing the right steps can have&nbsp;serious consequences&nbsp;for clients who hold, lease, hire or supply business assets.&nbsp;
In this episode, Simon Read, Founder and Director at PPS Advisory, explains why structure alone may not protect assets in an insolvency scenario, and what smaller practices should be aware of when advising clients with asset protection structures, related-entity leasing arrangements, financed equipment, or equipment supplied to customers.&nbsp;
In this episode, we cover:&nbsp;
<ul>
<li>Why PPSA compliance matters for asset protection structures</li>
<li>How clients can lose ownership interests in plant, equipment or vehicles</li>
<li>Which client arrangements may create PPSA exposure</li>
<li>How accountants can help clients spot the issue early and seek specialist advice where needed&nbsp;</li>
</ul>
Resources and further reading:&nbsp;
<ul>
<li><a href="https://www.charteredaccountantsanz.com/member-services/smp-resource-centre">Visit the Smaller Practices Centre for general practical tools and guidance</a>&nbsp;</li>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="54" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="1" data-aria-level="1"><a href="https://ppsadvisory.com.au/">Learn more about Simon Read CA and PPS Advisory</a>&nbsp;</li>
</ul>
Helpful checklists from PPS Advisory
<ul>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="54" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="2" data-aria-level="1"><a href="https://qrco.de/bgr0MV">PPSA checklist for equipment owners, hirers and leasing businesses</a></li>
<li aria-setsize="-1" data-leveltext="" data-font="Symbol" data-listid="54" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" data-aria-posinset="2" data-aria-level="1"><a href="https://qrco.de/bgvFDg">PPSA checklist for businesses selling goods on credit</a></li>
</ul>
These third-party resources are provided for general information only and do not constitute legal advice. Consider seeking professional legal advice for your circumstances.

Need regular small practice updates on the go? Small Firm, Big Impact Express (SFBI Express) delivers essential insights for Chartered Accountants in just 5 minutes. ​ 

Each episode, we bring you the best minds across the accounting industry to share critical regulatory changes, compliance updates and emerging trends that impact you.​  

Whether you are commuting, taking a coffee break, or between client meetings, SFBI Express helps you stay up to date. Listen to find out what’s changed, why it matters, and what you need to do next. 

If you’re looking for deeper conversations and bigger-picture thinking, explore our long-form podcast, Small Firm, Big Impact, where we unpack the ideas and issues influencing the future of smaller practices. 

Need regular small practice updates on the go? Small Firm, Big Impact Express&nbsp;(SFBI Express)&nbsp;delivers essential insights for&nbsp;Chartered&nbsp;Accountants in just 5 minutes.&nbsp;​&nbsp;
Each episode, we bring you the best minds across the accounting industry to share critical regulatory changes, compliance updates and emerging trends that&nbsp;impact&nbsp;you.​&nbsp;&nbsp;
Whether you are commuting, taking a coffee break,&nbsp;or&nbsp;between client meetings, SFBI&nbsp;Express&nbsp;helps you stay up to date. Listen to find out&nbsp;what&rsquo;s&nbsp;changed, why it matters,&nbsp;and what you need to do next.&nbsp;
If&nbsp;you&rsquo;re&nbsp;looking for deeper conversations and bigger-picture thinking, explore our long-form podcast,&nbsp;<a href="https://www.charteredaccountantsanz.com/news-and-analysis/news/podcasts/small-firm-big-impact">Small Firm, Big Impact,</a>&nbsp;where we unpack the ideas and issues influencing the future of smaller practices.&nbsp;