Discover how accounting firms are tackling the skills shortage head on: It’s no secret that the accounting industry is facing a significant skills shortage. This is impacting the ability to service existing clients, maintain compliance and achieve meaningful growth....
Practice Management
What’s happening in the profession in relation to practice management
How Wolters Kluwer CCH and Xero Solutions Work Together to Make Your Firm More Efficient
by Steve Quan | Sep 13, 2018 | Practice Management
New levels of end-to-end workflow are here Accounting software has grown in relevance for many Australian professional accounting firms with 37% now using a cloud accounting or bookkeeping solution; 58% are using software to collaborate and 64% are finding that...
Why 5,000 advisors said they’d like to help their medium business clients more
by Mike Rich | Aug 21, 2018 | Practice Management
“The voice of the forgotten middle is starting to be heard” says medium business guru, Mike Rich. 5,000 advisors, mostly from bigger accounting firms, took up his recent LinkedIn offer to receive free checklists and guides that target medium business clients -...
The Seduction of Growth (gurus)
by Magnus Yoshikawa | Aug 14, 2018 | Featured Articles, Practice Management
Are you being seduced by a GROWTH story that could harm your firm? Have you noticed how many growth gurus there are these days. You know the ones, good-looking, silver tongued motivational speakers and authors, bouncing around on stage like they’ve just chugged two...
Is your audit intelligence artificial?
by David Saul | Aug 13, 2018 | Practice Management
Technology Automation vs Professional Judgement in SMSF auditing Technology enables greater efficiency in SMSF auditing, which in turn gives time and cost savings. However, risks arise when artificial intelligence entirely replaces professional judgement by an...
5 PPSR Matters Critical for the Clients of Accounting Firms
by Peter Towers | Aug 13, 2018 | Practice Management
Establishing systems to assist your clients to minimise their potential exposure to problems from not registering customers or businesses that they are dealing with on the Personal Property Securities Register is a critical risk management assignment for accountants...
What Specsavers teaches accountants about process
by Rob Pillans | Aug 8, 2018 | Practice Management
I recently had a visit to Specsavers for my regular eye test and update of my glasses. It was a very good experience which made me realise that Specsavers could teach accountants a lot about processes and customer service. My observations are: The shop is custom built...