On 1 July 2017, ‘Countplus National Audits’ changed its name to ‘National Audits Group’. More than just a name change, this is due to the Directors’ Steve Watson and Steve Prowse purchasing 100% of the shares in the Company from Countplus Limited (ASX Listed Entity)....
Latest News
Recent news updates on issues relevant to accounting and advisory firms
Helping SMEs who have developed new products
by For Accountants | Aug 5, 2013 | Latest News
Have you been approached by a client, who has indicated that they have developed a new product, service, or process, and enquired, what assistance is available for them? Many accountants have contacted us throughout the year with this type of question. ...
Key elements of a business advisory platform
by For Accountants | Aug 5, 2013 | Latest News
With the increased commoditisation of tax compliance, accounting firms are directing attention to advisory services, particularly business development and succession planning, financial planning, risk management and transition to retirement. To date,...
Debtors’ System Manual Will Assist SMEs
by For Accountants | Jul 3, 2013 | Latest News, Practice Management
The recent announcement by Dunn & Bradstreet, that ‘debtors’ days outstanding’ in Australia is now 55 days, highlights the problem that a large number of SMEs have in trying to effectively manage their cashflow. One way for accountants to assist their...
Top Audit Tips for Going Concern Considerations
by For Accountants | Jul 3, 2013 | Latest News, Practice Management
Auditors are required to consider going concern for a period of 12 months from the date of the signature of the audit opinion. ASIC has consistently raised the issue of Going Concern as they believe there is inadequate disclosure regarding the ability of entities to...
Current threats and what to do about them
by For Accountants | Jul 3, 2013 | Latest News, Technology Support
By Rob Nixon www.proactiveaccountants.net There are 2 major threats (aka opportunities in disguise) for the Accounting profession. Cloud technology - massive efficiencies at your clients end with processing data and accessing information that you may normally provide....
How will you respond to the increased powers of the ATO that will affect your business?
by For Accountants | Jul 3, 2013 | Latest News, Practice Management
The recent announcement of the 2013-2014 Budget has confirmed that tax audit activity will most certainly increase within the Australian economy. With the provision of $67.9 million over four years, the Australian Taxation Office (ATO) will undertake rigorous audits...