Financial Services Archive

Trustee responsibility, professional judgement and the new rules for SMSF audit

A new Independence Guide for SMSF auditing has become mandatory for audits in Australia. The Guide incorporates changes to the restructured APES 110 Code of Ethics for Professional Accountants...

A Real Shift in the Accounting Marketplace

In my career as a Listed Public Company Secretary and Chief Financial Officer, Principal in an accounting firm and a Consultant for a major government program, I’ve noticed a...

How to Communicate Your Value as a Business Advisor

An interview with Sian Kelly, Managing Director at Inform Accounting

It’s the advisory work like budgets, cash flows and KPI reporting that clients...

Market Update August 2020

Pre Covid deals are being completed now and up to September – overall, averaging a 4 month delay that may blowout to 6 months

Most Accountants in March 2020 were...

Australian Startup Helping Accountants Rethink & Optimise Technology

FuseWorks, a Brisbane based software company was founded in 2015 by Chartered Accountant Melissa Voss and Software Developer Scott Barber. After creating a tool to be used in house...

How to increase the value of your Accounting firm by helping your clients reach their goals

I see a lot of Accounting firms have diversified into Financial Planning which is an absolute logical next step, and a requirement if you are to keep giving your...

FASEA Standard 8 Record Keeping Obligations | How to comply

As a result of the Royal Commission report, FASEA has introduced a Code of Ethics for financial planners that includes extra record-keeping obligations.

However, the...

Key Insights – Good Bad Ugly Insight Report: 2021 Rates, Pricing & Outlook

The Good Bad Ugly Insight Poll: 2021 Rates, Pricing & Outlook, was designed specifically around learning more about the next 12 months for the Australian accounting profession will be...

The future of the professions – applying a COVID-19 lens

The title of this article was the title of a webinar recently hosted by CAANZ, in which father and son Richard and Daniel Susskind shared some insights from their...

8 EOFY action items for your accounting firm

With June 30 now behind us, it’s important to take time to look at your own business to get a better understanding of your client-base and how you can...

JobKeeper changes: What’s new in JobKeeper 2.0?

JobKeeper to be extended to 28 March 2021

On 21 July 2020, the Government announced that due to the ongoing COVID-19 crisis, the JobKeeper Payment scheme will be extended...

Alliance Partners Every Business Needs

What Is a Strategic Alliance?

A strategic alliance is a mutually beneficial arrangement between two businesses that do not directly compete with one another. It’s a model that is about...

Why strong emotional cashflow is critical for success

Covid 19 was first confirmed in late January 2020. Subsequently on 20 March 2020 restrictions such as the closing of our borders and social distancing were introduced. Since these...

Product Update: Practice Ignition releases the Client Billing Schedule

Never miss a manual billing again with Practice Ignition’s Client Billing Schedule!

The latest product update from Practice Ignition allows for better visibility into your client billings!

The new Client Billing...

Did you know – Your In-House Mortgage Broker is also your Business Development Manager?

Having your own in-house Mortgage Broker division is not just about providing your clients with the right debt solutions, it is about positioning your business for serious growth, AND...

Accounting Business Owner Burnout: The Secret To Overcoming It

When I first started my Accounting Practice it was growing around an average of 30% per year simply from word of mouth only and soon I was working over...

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