There are only about 50 days left in the last quarter of 2022/23. Realistically, these 50 days are the last opportunity for accountants to offer “Business Enhancing Services” that their SME clients are going to need until this time next year. For many SMEs, that is...
Business Services
Accounting and business advisory services provided to business clients
The Client Perspective on the new Code of Ethics: It’s all about communication
by David Saul | Nov 3, 2020 | Business Services, Client Management, Featured Articles, Financial Services
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...
Temporary Relief for Directors’ Personal Liability for Trading Whilst Insolvent
by Bruce Gleeson | Oct 6, 2020 | Business Services, Client Management, Featured Articles, Financial Services, Workflow Management
Readers may possibly recall that the Federal Government announced a raft of temporary relief measures in late March 2020, some of which were aimed at giving directors of companies’ confidence to trade through Covid-19. One such important measure was that directors...
3 reasons your mortgage broker division is broken. #3 will blow your mind!
by Steve Lake | Sep 21, 2020 | Business Services, Client Management, Financial Services, Practice Management
I often get asked what makes our in-house mortgage broker program more effective than others on the market, and I can sum this up in 3 reasons mortgage broker divisions do not run at capacity. Our philosophy is “everything we do is marketing” and this puts us in great...
Virtual CFO – Key Challenges in Managing Scope and Fee
by Dale Crosby | Sep 20, 2020 | Business Services, Client Management, Featured Articles, Practice Management
A Virtual CFO is a person or a firm that that takes on the role of CFO for a client on a contract basis. Thanks to cloud accounting systems, they can work largely remotely to monitor finances and advise on key business decisions. Their investment in the development...
Lending in Covid-19
by Steve Lake | Sep 8, 2020 | Business Services, Client Management, Financial Services
So it’s official, we are in a recession – 2020 has delivered none of what it promised, yet delivered heartache and pain for a lot of people. I’m sure you’re as over it as I am! But we also know where there is disruption, there are opportunities. With this in mind, I...
Temporary Relief Measures for Financially Distressed Businesses Extended – Proceed with Caution
by Bruce Gleeson | Sep 8, 2020 | Business Services, Client Management, Featured Articles, Financial Services
The Federal Government announced on 7 September 2020 a further extension to 31 December 2020 of temporary relief measures that were previously set to expire on 24 September 2020. Curiously, such measures were announced within 24 hours after the Victorian Premier...