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...
Business Services
Accounting and business advisory services provided to business clients
Systemisation Necessary for Business Advisory Services
by Peter Towers | Nov 30, 2021 | Business Services
In recent weeks three accounting industry consultants have commented on why “systems” are important for the effective delivery of Business Advisory Services. Mark Holton, Director, Smithink, indicated that “Most accounting firms do not have systems for the delivery of...
You’ve got to start it now – this afternoon!
by Peter Towers | Nov 16, 2021 | Business Services, Practice Management
“Because your greatest challenge at the moment is getting good people to work with”– Andrew Geddes, Australian accounting legend, Chair for 10 years of Greencross Ltd, a company which developed over 30 years from a very small veterinary surgery to be a Top 200 ASX...
Crowd Sourced Funding Great For Some – But Others Were Not Prepared!
by Peter Towers | Nov 2, 2021 | Business Services
Some Company Directors and Leadership Teams were very happy in 2021 as approximately 65 companies raised $46,000,000, an increase of 125%, on the investment capital raised by companies utilising “Crowd Sourced Funding Equity Raising” in the previous financial year....
New ATO integration revolutionises client communication for accountants
by Stan Corner | Oct 29, 2021 | Business Services, Practice Management
Innovative, Australian tech company the latest to provide ATO-authorized direct integration The ATO have been working directly with digital service providers to support the move to digital-only communication; Innovative, Australian tech company the latest to provide...
Finding the ideal referral partner
by Steve Lake | Oct 12, 2021 | Business Services, Financial Services
As an Accountant you work closely with your clients to ensure their financial outcomes are compliant and optimal. You are expert in your field and exceptionally good at what you do. It’s also likely you can be a bit of a “control freak.” Great operators are. You don’t...
Update – Prevention and detection of fraud through audit reporting
by Chang Chow | Oct 6, 2021 | Business Services, Financial Services
The recent Parliamentary Joint Committee Inquiry into Audit Quality made two significant proposals, which have the capacity to bridge the expectation gap by tackling stakeholders’ greatest concerns: fraud and unexpected corporate collapse. The first proposal is the...