The struggle in the current job market is clearly not because of lack of jobs but these are attributed to lack of job applicants and applicants not possessing the expected experience and training. What matters more: retention or hiring? There's no simple answer to it....
Practice Management
What’s happening in the profession in relation to practice management
Training For Employment Scholarship
by ESS Bizgrants | May 12, 2015 | Featured Articles, Latest News, Practice Management
The Australian government has announced a 12-month pilot program, Training For Employment Scholarship, that is available in a number of regional and outer metropolitan areas. The objectives of Training for Employment Scholarship are to provide businesses with greater...
If It Doesn’t Challenge You, It Doesn’t Change You!
by Peter Towers | May 12, 2015 | Featured Articles, Latest News, Practice Management
There are significant challenges for accountants at present, including: “Digital Disruption” – forecast 32% change. Standard Business Reporting (SBR) – ATO claims $500 million per annum “red tape reduction”. Outsourcing of accountancy work to overseas organisations....
Policy Complacency Could Be Costing You More Than You Think
by Accountancy Insurance | May 12, 2015 | Featured Articles, Latest News, Practice Management
A typical concern for accountants if they change professional indemnity insurance providers is that they will lose their continuous cover should a claim arise. The solution is simple - accountants should ask staff if they are aware of any circumstances that may give...
CEO Insights: Minimalism in Business
by Scott Whitaker | Apr 30, 2015 | Featured Articles, Latest News, Practice Management
Today, we have a brand new episode of our CEO Insights series to share with you, on Minimalism in Business. If you’re like most business owners, and often experience being overwhelmed, this episode is a must-watch. Minimalism plays a very valuable role in creating a...
Business Evaluation Workshops Help SMEs Add Value
by Peter Towers | Apr 27, 2015 | Featured Articles, Practice Management
One way an accountancy business can be seen to be proactive in assisting small/medium enterprise clients to add value to their businesses is to offer to conduct an annual business evaluation workshop for the key people within the small/medium enterprise. There’s an...
Measure what matters!
by Dale Crosby | Apr 23, 2015 | Featured Articles, Latest News, Practice Management
Traditionally, accounting firms use productivity (the proportion of time charged to WIP) as a key measure of staff performance. However, increasingly firms are seeing that a strong focus on production can lead to behaviour which is actually counter-productive and...