Step 1 – a great “idea!” Step 2 – preliminary investigations into the “great idea”. Step 3 – check eligibility – to claim Research and Development Incentive Rebate must be a “company”. Step 4 – conduct “prior art/literature searches”. Step 5 – identify “core”...
Featured Articles
Special articles relevant to current issues and challenges for accounting firms
Your Business Advisory Platform – What’s Missing?
by For Accountants | Apr 16, 2015 | Featured Articles, Practice Management
For an accounting firm to have a successful business advisory platform, you need more than a couple of software tools and some interested clients. Are you getting sufficient leverage to develop your business services platform in the new financial year? In working...
Risk Management For Accountants
by For Accountants | Feb 3, 2015 | Featured Articles, Financial Services
The reality of this day and age is that anyone providing professional advice, no matter how experienced they are, is at risk of being sued for negligence or breach of professional duty (duty of care). Receiving notification alleging that an act of negligence or an...
Issue I: Not Preparing for a Meeting and Poor Conduct In a Meeting
by Thea Foster | Feb 3, 2015 | Featured Articles, Practice Management
Part of the 1, 2, 3 Series on Courtesy and Good Manners in an Accounting Firm, from Added Value Corporation Pty Ltd Introduction I thought I knew what I would cover first, what I considered the biggest demonstration of a lack of courtesy and display of bad manners. ...
Cloud is assumed, it’s now about business transformation
by Russell Evans | Feb 3, 2015 | Featured Articles, Technology Support
Cloud is the business model for the future – and for all sectors of the economy. As we endeavour to better understand the specific interests of our industry, Wolters Kluwer, CCH recently undertook a survey of accounting firms and SMEs. We asked them about their...
The Problem with Strategy
by Steve Browning | Jan 27, 2015 | Featured Articles, Practice Management
The problem with strategy…is the illusion that your firm has one. Partners of accounting firms often make strategy development for future success much harder than it needs to be. For some, there is too much focus on the tools: environmental scans, SWOT analyses,...
How To Leverage For Profitability!
by Dale Crosby | Jan 27, 2015 | Featured Articles
According to a recent Good Bad Ugly benchmark report from Business Fitness, one of the best indicators of profitability for accounting firms is simply leverage – the number of staff per partner. The report concluded that “Building on the trend in recent years,...