Thursday, 31 August 2017 The volume of reporting required under the incoming TBAR system could be dramatically larger than expected according to a new analysis by Class in its latest SMSF Benchmark Report. Reportable events could rise by 340%, driven by a surge in...
Latest News
Recent news updates on issues relevant to accounting and advisory firms
The Hidden Costs of processing ATO Documents
by For Accountants | Jul 3, 2013 | Latest News
Published by BPS Online It always amazes me when I am speaking to people at the time it can take an accounting practice to process a notice of assessment from the ATO. This can range anywhere between 5 and 30 minutes. It typically involves the following steps: Put...
“To change marketing communication from the marketer assaulting the prospective clientele, to making marketing a dialogue between buyer and seller.”
by For Accountants | Jun 10, 2013 | Latest News
To change marketing communication from the marker assaulting the prospective clientele, to making marketing a dialogue between buyer and seller.
New Advisory program seeks accountants and advisors to manage and mentor subscribers
by For Accountants | Jun 4, 2013 | Latest News
In the US, 58% of SMB’s now use a coach to help grow and audit their business, along with many CEO’s and upper management in Australia. In recent years, accountants have extended their roles to include that of mentor or coach, guiding clients and allowing them to take...
Making a difference to your clients’ cash flow
by For Accountants | Jun 4, 2013 | Latest News
We all know of everyday examples of cash flow needs our clients experience. Below are a few examples of ways firms face cash flow challenges in the practice and with clients as well as ways they might be resolved: Your firm is performing a financial statement...
One simple step to improve communication: the ultimate W question (Tell me…)
by For Accountants | Jun 4, 2013 | Latest News
Most of us know there are some simple steps we can take in order to improve our communication with clients, prospective employees, contacts and other people generally. If you have heard of the expression Open Ended Questions, then you will know the good...
The keys to managing client expectations in the new financial year
by For Accountants | Jun 4, 2013 | Latest News
How well is your team really managing client expectations? Partners and Managers of progressive accounting firms increasingly recognise the need to take control of their client relationships – particularly in relation to communicating terms of engagement and scope of...