Financial Services Archive

Bills status – January 2021

With most tax professionals now returning to work after the holiday break, this is the ideal time to do a stocktake of the status of recent tax, superannuation and...

Cybersecurity preparedness in 2021: Threats + trends to know

You can’t plan for everything. (See: global pandemic.) Yet so much of running a successful business is about proper forecasting.

While that certainly includes being an early adopter...

The nimble accounting practice

ATOmate and Nimbus Portal Solutions announce comprehensive integration to streamline ATO document processing and administration.

ATOmate have announced their latest integration with Nimbus Portal Solutions, which will significantly...

Product Mix and Mark-ups Affect A Retailer’s Profitability

A fairly common problem that I’m sure retailers have discussed with you, as their accountant, is “Why, if we’re selling so much product, aren’t we making a profit?

Sound familiar?

My...

Helping your team to work from home: 5 tips & tricks to use technology to your advantage

It’s been a year of learning, change, and adaptation; particularly for how we run our businesses. For many, it’s been the first time we’ve had to work remotely for...

What does 2021 have in store for ATO audit activity?

Much of the world has experienced some sort of shutdown this year, with governments implementing financial support strategies to keep their economies from slipping into a recession amid the...

Why your Auditor can’t be in your pocket!

ATO clarification on Reciprocal Arrangements

Can SMSF Auditors continue reciprocal arrangements under the new Independence Code?

The view of both the ATO and ASIC is that threats to independence arising from reciprocal arrangements are so...

Why aren’t they generating referrals?

It should be simple shouldn’t it? Easy in fact!

You and your team are highly skilled accountants adept at saving your clients thousands each year on tax. You troll through...

Why does an accounting firm need an office?

A few of my clients have recently commented that as a result of the pandemic they are thinking about their office space differently. It was also one of the...

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...

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 companies. With the right technology in...

Resourcing great staff and why a good job description is the keystone

When you do something every day, you become very good at it. Most accountants within small to medium firms don’t deal with resourcing often, so it’s important to consider...

Setting Charge Out Rates For Tradies’ Businesses

Many tradies encounter problems in setting charge out rates for their businesses.  It’s dangerous for a tradie to be setting their charge out rates if all they’re doing is...

[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...

Making the switch back again: working in the office after COVID

So, what’s next now that the traditional workplace is behind us?

As COVID-19 restrictions finally start to ease around Australia, companies and organisations will need to prepare to reopen their businesses. It’s time for...

5 things you should consider before you implement a client portal

Will 2021 be the year you implement a client portal? Here are 5 things you should consider before you do.

As we’ve all become more mobile in the past year,...

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