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Impact of COVID-19 on Auditing Conditions and Requirements

In an audit environment that is evolving through technology and the impact of external reviews, COVID-19 has created another layer of challenge and complexity that is having a profound...

11 Essential Tips For Controlling Data In Remote Accounting Teams

In a central office, accounting firms can exert strong control over how their team members manage sensitive client data. But when teams transition to a hybrid or work-from-home environment, much...

The importance of mobile apps in accounting firms

We have reached the end of a cycle, everything has matured, we see the full adoption of mobile phones and social media. All clients are digitally...

Why now is the right time to start an in-house Mortgage Division

No doubt you’ve heard of a little something called Covid-19, which has been making an impact of sorts on our and the worlds economies. Not to mention the impact...

Preparing your advice team to work remotely

A robust Business Continuity Plan (BCP) ensures your team can work and collaborate effectively wherever they are located.

For financial advice practices, this means ensuring advisers have access to the...

Zoom…. And where is your privacy now?

You may have seen news reports this week warning of Zoom’s privacy breaches,...

Our Circle of Concern vs Circle of influence

As the business owner/manager/advisor to your clients and staff, there’s a lot of risks that fall on our shoulders. But as the leader, all eyes are on...

Catfishing Exposed – SMSF auditor number fraud

Further SAN mis-use reported to TPB

A further 90 tax practitioners have either deliberately or mistakenly mis-used an SMSF auditor number, with the ATO detecting over a thousand instances of...

Top 5 Tips to Improve Data Security for Businesses

Data has always been an integral part of an accounting practice and for the most part, could be kept relatively securely in locked filing cabinets / safes etc. But...

5 tips to help you work from home like a pro

Thanks to COVID19, we’re all settling into a somewhat unsettling new normal. Fortunately, a lot of us are doing so from the comfort of our own homes.

As stronger “social...

The Coronavirus economic stimulus package

Editor’s note: On Thursday, 2 April, we conducted a webinar, hosted by Senior Tax Trainer Robyn Jacobson, on the implications of this package. Click here for more information...

So, you can’t work in the office… Tips & Tricks

  1. Provide useful information 

One of the key things an employer can do is to provide useful information to its employees. This includes everything from clear guidance...

Rent relief during Covid 19 crisis

While under normal circumstances, SMSF rentals are required to be at proven market rates, due to the financial effects of the coronavirus pandemic, the ATO...

Is there a wrong or right time to start outsourcing?

This question is answered with two simple calculations of time and cost:  the time and cost of doing it yourself, and the time and cost of hiring someone else...

How Receipt Bank Brought the Cloud to the Outback

As a tool for justice, cloud accounting software like Receipt Bank may not be the first choice.

Yet, for the Aboriginal community of Balgo in Western Australia, it proved highly...

10 Point Checklist for COVID-19 Coronavirus and Natural Disasters Strategies

10 Point Checklist for COVID-19 Coronavirus and Natural Disasters Strategies

1. Check the list of government loans/grants that the business might be eligible to apply for.

2. Create a COVID-19 coronavirus/natural...

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