The accounting and financial advisory industry is undergoing rapid transformations, driven by technological advancements, changing client expectations, and evolving business models. To stay competitive and thrive in this dynamic landscape, accounting firms must...
Client Management
All aspects of managing client relationships including systems and communication
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...
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...
5 things you should consider before you implement a client portal
by Brad Geelan | Nov 10, 2020 | Client Management, Document Management, Financial Services, Software Support, Technology
Will 2021 be the year you implement a client portal? Here are 5 things you should consider before you do. As we’ve all become more mobile in the past year, you have likely been looking at your processes, systems, and infrastructure in a new light: Is it simple – for...
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...
Accountants increasingly at risk of bad debt – how to protect yourself
by Amelia Wigley | Oct 29, 2020 | Client Management, Featured Articles, Financial Services, Practice Management
Studies have marked accountants as 1 of 6 common businesses that are highly exposed to trade credit debt, so how do you protect your income? News was recently released that The Australian Financial Security Authority (AFSA) has marked accountants as one of those...
The Future of Auditing as a Profession
by Steven Watson | Oct 20, 2020 | Client Management, Featured Articles, Financial Services
Auditing is evolving rapidly through the effect of technological and legislative changes in recent years as well as the environmental and economic impact of COVID-19 in 2020. These changes demand renewed focus on the future of auditing as a truly independent...