What’s happening in the profession in relation to practice management
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a partner in public practice, to develop a checklist for the development and presentation of a proposal for a Virtual CFO Client. Be sure to incorporate (a) an initial needs assessment,...
In the dynamic world of finance, the only constant is change. As 2023 draws to a close and 2024 beckons, accounting practices must evolve to meet the demands of a shifting financial landscape. For practitioners who seek to maintain their edge, strategic adaptability...
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a sole practitioner in public practice, to identify the top 3 issues that they have in managing client relationships. What steps could they take to address these issues? Learner...
ASIC has released its inaugural integrated financial reporting and audit surveillance report, highlighting the need for improved disclosure of material business risks, impairment of assets, and revenue recognition in financial reports. Report summary The report, which...
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, an administrator in public practice, to identify what they could do now to improve the level of collaboration between administrative and technical staff within their firm? Learner...
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a manager in an accounting firm, to identify a business client who receives regular financial and/or management reports from the firm. Investigate how these reports are compiled,...
In accounting, technical knowledge and analytical skills are critical. However, communication skills are equally significant. Communication is the backbone of any successful relationship. Effective communication goes beyond merely conveying numbers; it builds trust,...
