As an accounting firm coach, consultant and mentor I am privy to many shareholder agreements. Some incorporate a form of long service or sabbatical leave for owners on some sort of a cycle. Good idea. I’ve recently had a client try the idea of what they ended up...
Featured Articles
Special articles relevant to current issues and challenges for accounting firms
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...
[Free templates] 40 most popular Accounting and Bookkeeping services – with pricing benchmark
by Amelia Wigley | Nov 13, 2020 | Document Management, Featured Articles, Financial Services, Practice Management, Workflow Management
As an Accountant or Bookkeeper, taking care of your clients is at the centre of everything you do, and more often than not you do so much more than compliance. Sometimes communicating the value of what you do and the key deliverables of your services is difficult. So...
Making the switch back again: working in the office after COVID
by Iain Enticott | Nov 11, 2020 | Featured Articles, Financial Services, Practice Management, Team Leadership, Technology, Technology Support, Workflow Management
So, what’s next now that the traditional workplace is behind us? As COVID-19 restrictions finally start to ease around Australia, companies and organisations will need to prepare to reopen their businesses. It’s time for business leaders to consider how they want to...
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...