by Dale Crosby | Apr 23, 2015 | Featured Articles, Latest News, Practice Management
Traditionally, accounting firms use productivity (the proportion of time charged to WIP) as a key measure of staff performance. However, increasingly firms are seeing that a strong focus on production can lead to behaviour which is actually counter-productive and...
by Dale Crosby | Apr 8, 2015 | Financial Services
The FOFA reforms that will apply from 1st July 2016 provide new opportunities, and challenges, for both accountants and financial advisers seeking to develop their SMSF advisory platform. The new limited AFS License will allow accountants and advisers to provide...
by Dale Crosby | Mar 4, 2015 | Practice Management
A recent BRW report on accounting services highlighted that “one-third of firms nominated wealth management services as one of their three fastest growing business lines.” One of the major challenges accounting firms are currently facing is how to successfully provide...
by Dale Crosby | Jan 27, 2015 | Featured Articles
According to a recent Good Bad Ugly benchmark report from Business Fitness, one of the best indicators of profitability for accounting firms is simply leverage – the number of staff per partner. The report concluded that “Building on the trend in recent years,...
by Dale Crosby | May 19, 2014 | Practice Management
Many accounting firms let their clients dictate how the business relationship will work. This may be evident in relation to: The scheduling and timing of work The quality of work received from the client Client responsiveness to queries How scope creep issues are...
