Practice Management Archive

Recent Observations in Audit Activity

acc insurance

Claims for BAS reviews once again dominated the overall audit activity...

CommSec’s State of the States report

How are Australia’s states and territories performing? Each quarter CommSec Chief Economist Craig James attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment;...

Survival Of The Unfittest

There has been a great deal of publicity about recent amendments to the Tax Act which considerably lifts the burden on directors of companies in relation to their obligations...

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Thinking Fast And Slow

Here is a very simple puzzle for you. It’s so simple the answer will probably just spring to mind.

  • A bat and ball cost $1.10. The bat costs one dollar...

The Construction Of Financial Statements – Process

IFRSsystem

The construction of financial statements does not have to be...

Duties of a Chief Financial Officer – How do they relate to SMEs

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It is enlightening to...

Training Beyond Accounting

How can you help your business clients prevent fraud?

Most managers of accounting firms know business owners who’ve lost cash or stock due to fraud.  However, fraud has a wide reach and also includes the loss of intellectual...

Measuring the market

die for stock

As a stockbroker and a shareholder I need to constantly ‘measure’ the performance...

ESS Biz Grants

Update on Government Grants

Update on Government Grants from ESS BIZGrants

Clean Technology Grants

The Australian government has introduced some significant grants to assist manufacturers who, in an endeavour to maintain their competitiveness...

ESSBIZGrants – New technology tool to help accountants identify government grants for SMEs.

Accountants can now subscribe to ESS BIZGrants, a cloud technology product that has been developed as a “tool” to assist them to identify government grants, loans and assistance that...

Clever Practice Management Tools

We have been asked what clever practice management tools are used by small to medium firms?  Is there something you have sourced and use which makes a significant difference...

Motivating Younger Staff

Motivating Younger Staff

Have you discovered the techniques to encourage your young people to positively engage with the work they do, the clients and the firm?

Clearly part of the answer...

What are firms doing to attract the new generation of clients?

I talk with many firms about their marketing activities. Referrals are still by far the main source of new clients. The question is, what else should firms be doing? ...

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Launch of National Proactive Accountants Network

The Proactive Accountants Network was established by Nixon Advantage, who are the leading consulting and coaching business to the Accounting profession.  The goal of Proactive Accountants Network is focused...

Intellectual Property, Creating a Focus in the Firm

added value

Often in firms, this is considered a minor part of operations, but clever development and use...

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