University should have prepared interns and graduates for work life, right? The reality is that new accountants are often unprepared to work in a busy public practice environment. They are not shown how to effectively manage workflow, engage with team members and...
Workflow Management
How to effectively manage actions, tasks and projects in professional firms
Formalising onboarding for new employee success
by Alisdair Barr | Jan 11, 2021 | Featured Articles, Practice Management, Team Leadership, Workflow Management
Great talent makes your accounting practice - employees deliver output and secure long-term client relationships. This makes getting any new recruit up and running quickly in your team critical. Once you have selected a new candidate to work for you, they need to be...
What does 2021 have in store for ATO audit activity?
by For Accountants | Nov 26, 2020 | Business Services, Client Management, Financial Services, Workflow Management
Much of the world has experienced some sort of shutdown this year, with governments implementing financial support strategies to keep their economies from slipping into a recession amid the COVID-19 pandemic. Australia was no exception, with support packages such as...
Why your Auditor can’t be in your pocket!
by David Saul | Nov 25, 2020 | Business Services, Client Management, Financial Services, Practice Management, Workflow Management
The new APES 110 Code of Ethics for Professional Accountants has many ramifications for SMSF trustees... and Accountants have an obligation to notify clients of changes that may affect their audits. Under the new code, accounting firms providing administration for...
Why does an accounting firm need an office?
by Rob Pillans | Nov 19, 2020 | Featured Articles, Financial Services, Practice Management, Team Leadership, Workflow Management
A few of my clients have recently commented that as a result of the pandemic they are thinking about their office space differently. It was also one of the topics I talked about in a vodcast I produced (See it here here. ) One firm owner in one of my groups noted that...
The Future for Internal Auditors working in Public and Private Sectors
by Phil Swaffield | Nov 17, 2020 | Business Services, Featured Articles, Financial Services, Latest News, Workflow Management
In March 2020, the Institute of Internal Auditors (Australia) released a Benchmark Study focusing on the value that internal auditors provide to the organisations that they serve. The report identified some significant challenges in harnessing opportunities for...
[Free templates] 40 most popular Accounting and Bookkeeping services – with pricing benchmark
by Amelia Wigley | Nov 13, 2020 | Document Management, Featured Articles, Financial Services, Practice Management, Workflow Management
As an Accountant or Bookkeeper, taking care of your clients is at the centre of everything you do, and more often than not you do so much more than compliance. Sometimes communicating the value of what you do and the key deliverables of your services is difficult. So...