Digital reporting is fast changing the way accountants and auditors engage with their clients and with their respective regulatory authorities. Global changes are being led by the IFRS (International Financial Reporting Standards) Foundation. Whilst the approach to...
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Recent news updates on issues relevant to accounting and advisory firms
ATO releases SMSF Auditor Independence Guide – What should you do?
by Steven Watson | Mar 25, 2021 | Financial Services, Latest News
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 just 3 months to make necessary arrangements to engage independent SMSF auditors. This...
How Your Admin Team Can Increase Capacity And Improve Leverage
by Dale Crosby | Mar 22, 2021 | Latest News, Practice Management
It’s easy to understand why capacity and leverage are so important, but more difficult to appreciate why accounting firms sometimes struggle to get real success in these areas. Administration is one of the keys to effective leverage in accounting firms; by taking on...
Build your own Mortgage Broker division
by Steve Lake | Mar 9, 2021 | Latest News
National Lending Group would like to invite you to our next webinar for Accountants on “Build your own Mortgage Broker division and increase the value of your accounting firm” Not many people outside of the Mortgage Broker industry realise just how valuable a “loan...
Increasing leverage in professional service firms – 5 steps
by Dale Crosby | Dec 12, 2020 | Featured Articles, Latest News, Practice Management, Team Leadership
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...
Tenacious tech: what CEOs need to drive unprecedented growth
by Brad Lynch | Nov 17, 2020 | Financial Services, Latest News, Practice Management, Technology, Technology Support
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...
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...