The quality of financial reports is key to confident and informed markets. The purpose of the independent audit is to provide confidence in the quality of financial reports. In recent times, there has been much discussion about the role of the auditor and their...
Practice Management
What’s happening in the profession in relation to practice management
Regional and Rural Accounting Practices
by Magnus Yoshikawa | Apr 26, 2022 | Practice Management
Market strength is still strong with a $ for $ achievable in regional rural areas. Are we heading to CBD pricing? Whilst at a regional rural conference we asked what did everyone think a practice was worth… with a silent response form the room we asked again: How much...
How to choose the right outsourcing partner
by Boobalan MAdhavan | Apr 22, 2022 | Practice Management
Identify your need, partner to resolve and receive more than you expected. Outsourcing has been a sought-after route for companies to improve efficiency in business processes for a long time. For decades, major corporations have vouched that this outsourcing can give...
7 things you should know as an ASIC Registered Agent
by Viola Pythas | Apr 12, 2022 | Client Management, Practice Management, Technology
ASIC places an obligation on registered agents to keep up-to-date, comply and implement processes within their businesses that ensures compliance with their registered agent responsibilities. It’s never been a better time to revisit ASIC’s expectations of ASIC...
Offering Business Advisory Services Without a Contractual Commitment
by Peter Towers | Mar 26, 2022 | Business Services, Practice Management
Our team at ESS BIZTOOLS has created an opportunity for accountants, like you, to offer a broader range of commercial services to their SME clients in a cost effective way. Providing professional Business Advisory Services can add a new stream of income that will flow...
Women in Accounting | Nominations are Open
by Rubi Segura | Mar 24, 2022 | Practice Management, Professional Development
Nominate a woman today, to recognise their achievements in 2021. Whether it's a woman you work with, a woman who inspires you, or a woman who has mentored you. We first launched the 'Women in Accounting' initiative on International Women's Day in 2018, as a way to...
Sending ATO correspondence – which option is right for your practice and your clients?
by Stan Corner | Mar 23, 2022 | Practice Management, Technology
Emails, letters, phone calls, texts, client portals, dedicated mobile apps – there is certainly no shortage of communication options we navigate daily. Throw in personal client preferences and getting important correspondence to your clients, it can easily become a...