Andrew Geddes has developed a lifetime of skills as an accountant, university lecturer, joint founder of the Financial Management Research Centre (FMRC) at the University of New England, founding Chairman of GreenCross Ltd for 10 years – a company which became a top...
Business Services
Accounting and business advisory services provided to business clients
What does 2021 have in store for ATO audit activity?
by For Accountants | Nov 26, 2020 | Business Services, Client Management, Financial Services, Workflow Management
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 COVID-19 pandemic. Australia was no exception, with support packages such as...
Why your Auditor can’t be in your pocket!
by David Saul | Nov 25, 2020 | Business Services, Client Management, Financial Services, Practice Management, Workflow Management
The new APES 110 Code of Ethics for Professional Accountants has many ramifications for SMSF trustees... and Accountants have an obligation to notify clients of changes that may affect their audits. Under the new code, accounting firms providing administration for...
Why it makes sense for accountants to arrange asset and equipment finance
by Stephen Light | Nov 17, 2020 | Business Services, Client Management, Featured Articles, Financial Services
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 should also include helping them to obtain competitive and correctly structured business finance...
The Future for Internal Auditors working in Public and Private Sectors
by Phil Swaffield | Nov 17, 2020 | Business Services, Featured Articles, Financial Services, Latest News, Workflow Management
In March 2020, the Institute of Internal Auditors (Australia) released a Benchmark Study focusing on the value that internal auditors provide to the organisations that they serve. The report identified some significant challenges in harnessing opportunities for...
Setting Charge Out Rates For Tradies’ Businesses
by Peter Towers | Nov 16, 2020 | Business Services, Client Management, Featured Articles, Financial Services
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 copying what a competitor is charging. How do they know whether the competitor is utilising...
Resourcing great staff and why a good job description is the keystone
by Alisdair Barr | Nov 16, 2020 | Business Services, Featured Articles, Financial Services, Practice Management, Team Leadership
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 your process as well as the use of external help to attract and secure the right kind of talent...