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2014 THE GOOD, THE BAD AND THE UGLY BENCHMARKING REPORT

The 12th edition of The Good, the Bad and the Ugly of the Australian Accounting Profession has been released (www.businessfitness.net/gbu).

It’s no secret that the accounting industry is in the...

123 Series: For Non Accountants – Ten Statements about Accounting

The 1, 2, 3 Practice Management Series

from Added Value Corporation Pty Ltd 

Introduction

How do you simplify accounting for non-accountants?  It is important to convey some key issues, here is...

Why the Fear – Your Accounting Practice Is Almost Always Saleable

We constantly hear from accountants that they are going to continue to work in their practices until they drop, as practices can’t be sold.  Where has this story originated?

We...

SMSF Limited Recourse Borrowing Arrangements

A few of our clients have been asking recently about recourse borrowing arrangements, in particular, how they work and what the benefits and drawbacks of using them are.  We’ve...

Business Growth Grant – Other Industries Eligible

In this edition, we continue on the commentary on the range of different industries that can gain support under the Business Growth Grant.

Medical Technologies And Pharmaceuticals

Support is available for...

New Transfer Pricing Rules and SME’s

New transfer pricing rules came into effect from 1 July 2013. While the concept of transfer pricing remains unchanged some features of the new rules (such as self-assessment and...

Why is selling so difficult for accountants?

Selling in a professional service environment isn’t difficult. It’s not rocket science. It is increasingly a skill that managers, partners and principals of accounting firms need to develop if...

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