When was the last time as an accounting practice you took a step back and looked at your business processes? It’s easy to get bogged down in the day-to-day workload. However, taking the time to revitalise your processes is worth it. A review of your business processes...
Practice Management
What’s happening in the profession in relation to practice management
Class SMSF Benchmark Report Finds SMSFs No Threat to Homebuyers
by Kevin Bungard | Mar 16, 2017 | Practice Management
As the federal government looks for solutions to help first home buyers, the latest Class SMSF Benchmark Report has found that SMSFs are unlikely to be contributing significantly to rising prices, given their very small share of residential properties. The SMSF...
Is your firm future fit?
by Krista Moore | Feb 16, 2017 | Practice Management
Managing legal and regulatory change, the challenges of rising client expectations and mounting fee pressure has become a way of life for tax and accounting professionals. The right software can undoubtedly help you meet these challenges and exploit new opportunities,...
The much-anticipated new supershow is fast approaching. What to expect?
by Laura Venables | Jan 20, 2017 | Latest News, Practice Management
We all know the accounting profession is in the midst of fundamental change. New technology, evolving product offerings and new business models are challenging the status quo for both accounting firms and the finance function within Australian businesses. In response...
The Art Of Less In Business
by Marc Lehmann | Dec 15, 2016 | Practice Management
We live in a culture obsessed with growth and power. We’ve all adopted it as normal and will do almost anything to chase it, regardless of the costs, both personal and in business. What we fail to see is that more isn’t always better. More can bring more problems....
Why Technology Needs A Human Face
by Dale Crosby | Dec 15, 2016 | Latest News, Practice Management, Technology Support
Public practice accounting is similar to most other industries that are starting to feel the real impact of technology on the way in which we manage our work, our people and our clients. It often seems that we’re rushing headlong into a future where the machines have...
M&A – Key risks with client transition in small purchases
by Magnus Yoshikawa | Oct 20, 2016 | Practice Management
When buying (and selling) client fees, it’s clearly in the best interests of both parties to make the transition as gentle as possible for the clients involved in the exchange. After all, clients don’t choose to be ‘sold’ and they have every right to reject a new...