In January 2024, the Australian Government unveiled a landmark policy statement introducing mandatory climate-related financial disclosures for certain entities under the Corporations Act 2001. The Government is committed to improving the quality of climate-related...
Business Services
Accounting and business advisory services provided to business clients
How to protect your client data when outsourcing SMSF administration
by Bronwyn Smith | Dec 11, 2023 | Business Services, Practice Management, Technology
Many mid-tier accounting and financial planning firms outsource their SMSF administration, whether it’s due to overhead costs, lack of time, or the current skills shortage. Unfortunately, firms may unknowingly be putting their clients’ data at risk if they work with...
Innovative Advisory Services SMEs are looking for
by Peter Towers | Nov 27, 2023 | Business Services
The transformation of the accounting profession in Australia and New Zealand over the past forty years has been driven by various factors, including technological advancements, evolving client needs, and market trends. This article explores the key elements of this...
Delivering virtual CFO services offers you the Financial Storytelling Role
by Peter Towers | Nov 14, 2023 | Business Services, Client Management
There is a great opportunity for accountants/bookkeepers to clearly differentiate services to SMEs by implementing virtual CFO services, in conjunction with the 52-Week Business Enhancement System. This will give your clients an advantage in the marketplace. Business...
Delivering the services that the market needs
by Peter Towers | Nov 1, 2023 | Business Services
Getting started – have a discussion with 1 or 2 clients. Andrew Geddes, Joint Founder of Financial Management Research Cent (FRMC) at New England University and Australian Accounting Industry Guru suggested that you should visit your selected clients with the SME...
Getting started – You need a conversation
by Peter Towers | Sep 22, 2023 | Business Services, Client Management
Andrew Geddes, Joint Founder of Financial Management Research Centre (FMRC) at University of New England and Chair for ten years of GreenCross Ltd, a top 200 ASX company, discussed issues affecting Accountants with Peter Towers, Managing Director of ESS BIZTOOLS....
Enforcement of Debt and Director Penalty Notices: Proactive Management is Key
by Stan Corner | Sep 18, 2023 | Business Services, Client Management
As the ATO takes an increasingly stringent stance on debt, accountants and tax agents need to be more proactive than ever. With the ATO strongly enforcing tax debt there will be a rise in the number of credit referrals and Director Penalty Notices (DPN). Keeping...