Upskilling your people enhances the overall quality of the services performed by the audit profession, reduces risk of non-compliance with regulatory and legislative requirements, and more importantly, creates ongoing succession plans within not only your audit...
Practice Management
What’s happening in the profession in relation to practice management
CEO Insights: The Secret Sauce to Passion in Business
by Scott Whitaker | Dec 5, 2014 | Featured Articles, Practice Management
Today we’ve hosted another oversubscribed CEO Insights session, packed with great content on how to inject passion into your business. Marc Lehmann, CEO of Saasu, explained how to break out of survival mode and get back into the dream, success and lifestyle you...
Latest Business Advisory Feedback From Accounting Firms
by For Accountants | Dec 5, 2014 | Featured Articles, Practice Management
In November 2014, we asked Australian and New Zealand Accounting Firms for some basic feedback on their current and future approach to business advisory services. Overall, the survey confirmed that most firms understand that there is an imperative to focus on advisory...
2014 THE GOOD, THE BAD AND THE UGLY BENCHMARKING REPORT
by For Accountants | Dec 5, 2014 | Featured Articles, Practice Management
The 12th edition of The Good, the Bad and the Ugly of the Australian Accounting Profession has been released (www.businessfitness.net/gbu). It’s no secret that the accounting industry is in the midst of an unsettling revolution. Familiarity and security is in the...
123 Series: For Non Accountants – Ten Statements about Accounting
by Thea Foster | Nov 5, 2014 | Featured Articles, Practice Management
The 1, 2, 3 Practice Management Series from Added Value Corporation Pty Ltd Introduction How do you simplify accounting for non-accountants? It is important to convey some key issues, here is a list. One question to ask. Teach non accountants it is OK to say, “I...
Invest in your employees, invest in your future
by For Accountants | Oct 31, 2014 | Practice Management
“You don't build a business - you build people - and then people build the business.” - Zig Ziglar, Author, Salesman and Motivational Speaker. The success of a business largely comes down to the quality of the staff. Employees that receive high quality training not...
Why the Fear – Your Accounting Practice Is Almost Always Saleable
by For Accountants | Oct 31, 2014 | Featured Articles, Practice Management
We constantly hear from accountants that they are going to continue to work in their practices until they drop, as practices can’t be sold. Where has this story originated? We emphasise, almost all accounting practices can be sold, in most cases for quite high...