In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, an administrator in public practice, to explore their firm’s approach to client care. What is working well? What could be improved? Learner Reflection Client care is something I believe...

The holiday season, with its festive spirit and celebratory mood, also brings unique challenges for financial business leaders including Chief Financial Officers (CFOs). One pressing concern is covering the staffing gaps that inevitably rise due to year-end...

In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a partner in public practice, to develop a checklist for the development and presentation of a proposal for a Virtual CFO Client. Be sure to incorporate (a) an initial needs assessment,...

In the dynamic world of finance, the only constant is change. As 2023 draws to a close and 2024 beckons, accounting practices must evolve to meet the demands of a shifting financial landscape. For practitioners who seek to maintain their edge, strategic adaptability...

How outsourcing led to a 30% boost in growth for this financial services provider Located in NSW, this financial services provider has been helping its clients achieve their financial goals for over a decade. The firm is continuing to grow – both organically and...

In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a sole practitioner in public practice, to identify the top 3 issues that they have in managing client relationships. What steps could they take to address these issues? Learner...

ASIC has released its inaugural integrated financial reporting and audit surveillance report, highlighting the need for improved disclosure of material business risks, impairment of assets, and revenue recognition in financial reports. Report summary The report, which...

In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, an administrator in public practice, to identify what they could do now to improve the level of collaboration between administrative and technical staff within their firm? Learner...

There is a great opportunity for accountants/bookkeepers to clearly differentiate services to SMEs by implementing virtual CFO services, in conjunction with the 52-Week Business Enhancement System. This will give your clients an advantage in the marketplace. Business...

In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a manager in an accounting firm, to identify a business client who receives regular financial and/or management reports from the firm. Investigate how these reports are compiled,...

Accountants and Financial Planners are spoilt for choice when it comes to outsourced providers. But, if you don’t know what questions to ask before you commit, the service you choose may fall well below your expectations. In this 45 minute webinar recording, you’ll...

Getting started – have a discussion with 1 or 2 clients. Andrew Geddes, Joint Founder of Financial Management Research Cent (FRMC) at New England University and Australian Accounting Industry Guru suggested that you should visit your selected clients with the SME...

In accounting, technical knowledge and analytical skills are critical. However, communication skills are equally significant. Communication is the backbone of any successful relationship. Effective communication goes beyond merely conveying numbers; it builds trust,...

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....

Cloud accounting has revolutionised the way accounting practices operate, with many firms already switching to cloud-based platforms. If you or your practice hasn’t already, you should consider moving to the cloud. What is a Cloud Ecosystem? A cloud ecosystem is a...