You’ve likely heard of them, maybe even seen them in movies and you might find yourself asking, how does one know when they need a virtual assistant (VA), to...
Formalising onboarding for new employee success
Great talent makes your accounting practice – employees deliver output and secure long-term client relationships. This makes getting any new recruit up and running quickly in your team critical.
Once...
230 Tax Agents have mis-used SANs in the latest count
The ATO is continuing its program to weed out the mis-use of SMSF Auditor Numbers (SAN) where tax agents are in effect masquerading as auditors.
The ATO mailed the 2018 annual...
Three core skills for accountants that can be developed and enhanced
Over many years of working with accountants I have concluded there are many skills that are important for accountants. Putting aside the technical skills, I’ve identified three non-technical skills...
Reflections on 2020 with accounting firms in mind
Oh 2020, we held such high hopes for you, but you really have not performed as expected!
Although many people would like to forget 2020, no doubt it will be...
COVID-19 Drives Demand For Outsourced CFOs
In recent years, there’s been a strong trend for small and medium-sized business who could not otherwise afford an internal CFO to outsource this role to accountants and other...
Develop your 2021 security checklist + Driving unprecendented growth
Tenacious tech: what CEOs need to drive unprecedented growth
CEOs have a distinct vantage point. Even under the most challenging circumstances, they’re often bullish about their ability to advance their...
Special Purpose Financial Statements – New Financial Reporting Regime
For many years, directors of most for-profit private entities have enjoyed the liberty of determining the type of financial statements they will prepare for an entity. The discretion to...
Why it makes sense for accountants to arrange asset and equipment finance
As an accountant there is no doubt you are regarded by your SME clients as one of their most trusted business advisors.
Assisting your SME clients to grow and prosper...
The Future for Internal Auditors working in Public and Private Sectors
In March 2020, the Institute of Internal Auditors (Australia) released a Benchmark Study focusing on the value that internal auditors provide to the organisations that they serve. The...
[Free templates] 40 most popular Accounting and Bookkeeping services – with pricing benchmark
As an Accountant or Bookkeeper, taking care of your clients is at the centre of everything you do, and more often than not you do so much...
Do you know how to hire and manage graduates or early career seekers successfully?
Accounting graduates and early career seekers are the future of our profession. Yet more often than not, they take up the most time when hiring and managing to get...
Virtual CFO – Key Challenges in Managing Scope and Fee
A Virtual CFO is a person or a firm that that takes on the role of CFO for a client on a contract basis. Thanks to cloud accounting systems,...
Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution
The Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020....
Reacting to coronavirus: Two models that could help us
Clearly the Coronavirus has meant massive changes to how we work and live our lives. I’ve come across two models you might find helpful as we all adjust to...
Top 5 ways to create customer satisfaction
A customer-oriented organisation places customer satisfaction at the core of each of its business decisions. An organisation’s approach to sales and customer relations are the deciding factors of customer...
