Recent news updates on issues relevant to accounting and advisory firms
Anyone who has ever worked in a professional firm knows how important leverage is in achieving strong results for both the firm and clients. Leverage allows work to be assigned to people with the most relevant skills at the most appropriate cost base. And it’s this...
CEOs have a distinct vantage point. Even under the most challenging circumstances, they're often bullish about their ability to advance their companies. With the right technology in tow, they're likely to do just that. Whether harnessing emerging tech, upskilling...
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...
Historically we’ve all helped a client Buy or Sell a business… and in doing so, of course, we went straight to the DATA, right(?). What do I mean by this? Well, we checked the numbers and a crossed checked them with market norms and formed a position. Rightly or...
We all know the age old adage – “If it isn’t broken, don’t try and fix it”. This applies to so many things in life but sometimes the unintended consequences of change in business can be instability, doubt, and confusion. These all need to be taken into account and...
Maintaining the security of your devices is becoming an increasingly important concern in the face of a virtual onslaught of malware, spyware, viruses and other malicious files. But protecting your brand-new device from the evils of the internet isn’t as difficult as...
Independence breaches redefined ATO targets firms who provide both SMSF advice & audits Independence is a key issue in the ATO Compliance Program and SMSF advisers who also conduct audits face a high risk of being targeted. Reciprocal Auditing Arrangements Revenue...
