Andrew Geddes an Australian Accounting Industry Guru discussed issues of importance to Accountants with Peter Towers, Managing Director of ESS BIZTOOLS in a recent webinar. CFO Services Offer Many small and medium sized businesses need more than just a bookkeeper....
Client Management
All aspects of managing client relationships including systems and communication
SMSF Auditor Independence Guidelines -What should you do now?
by Steven Watson | Jun 2, 2021 | Business Services, Client Management, Featured Articles, Financial Services
Time is running out for accounting firms to critically review the arrangement they have with the auditors of the SMSF funds for whom they prepare financial accounts. Firms have until 30th June 2021 to make necessary arrangements to engage independent SMSF auditors. If...
Hiring post-COVID: the tools it takes to recruit top talent
by Brad Lynch | Jun 2, 2021 | Business Services, Client Management, Featured Articles, Financial Services
COVID hit the workforce hard. As we inch toward economic recovery, more companies are dusting off the interview questions as they prepare to expand their teams. Many are also finding that the hiring process has changed, much like everything else. In some ways,...
Accountants Retire at 65 or Best Sell Their Practice by 65 ?
by Magnus Yoshikawa | May 31, 2021 | Business Services, Client Management, Featured Articles, Financial Services
I don’t think anyone really retires, in the sense, they do 'nothing' going forward, but, when / how do Accountants calculate it's time? I know a lot of us at, peak times / busy times, would like to retire, right then, during those moments or would love the COVID...
Are you engaging your clients in a compliant way?
by Ethan Cooney | May 31, 2021 | Business Services, Client Management, Featured Articles, Financial Services
When was the last time you updated your engagement letter? The Tax Practitioners Board recommends engaging your clients annually, at a minimum. We know you don’t have time to formally engage your clients every year, despite the recommendation from the Tax...
Transitioning clients to GPFS – 5 key questions to consider now
by Steven Watson | May 18, 2021 | Business Services, Client Management, Featured Articles, Financial Services
New reporting standards to improve transparency, comparability and consistency of financial statements will apply from the 2022 financial year. From 1st July 2021, certain for-profit private sector entities will no longer be able to prepare Special Purpose Financial...
Business Advisory Services Identified As Top Growth Opportunity!
by Peter Towers | May 17, 2021 | Business Services, Client Management, Featured Articles, Financial Services
“Business Advisory Services” has been identified by accountants surveyed by CommBank Accounting Market Pulse as the “highest rating product that they are planning to offer, or significantly grow, in the next 12 – 18 months” in the May 2021 report. In the survey 81% of...