Research and Development

We are certainly living in uncertain times. For most people, that’s not a good thing, but for accountants, uncertainty presents us with significant opportunities, even though it may mean we have to…

According to the recent report released by CommBank Accounting Market Pulse, diversification of services is a major objective by accountancy firms all over Australia this financial year. ESS BIZTOOL…

Business Advisory Services has been talked about for the last decade and has got a little bit closer to becoming a mainstream accounting industry service each year, over that 10 year period. The Com…

In the most recent ESS BIZTOOLS’ Business Advisory Services Webinar/Conversation, Matthew Karakoulakis, Principal Legal Officer of AMK Law discussed with Peter Towers, Managing Director, ESS BIZTOOLS…

Mark Holton, an Accountancy Industry Consultant and Director of Smithink Pty Ltd, discussed with Peter Towers, Managing Director, ESS BIZTOOLS the opportunities that accountants have to differentiate…

Are companies giving sufficient priority to determining return on investment as part of the decision as to whether to proceed with a research and development project?  This will be the theme for…

“Some of the red-tape binding together the Federal government’s Research and Development Tax Incentive (RDTI) scheme is enough to make your head spin. As a concept, these tax incentives are great; n…

In the ESS BIZTOOLS’ Business Advisory Services Webinar/Conversation on Wednesday 10th March 2021, Peter Towers, Managing Director, ESS BIZTOOLS will discuss with Priscilla Bea Smith, Director, Cloud…

Many businesses are facing an uncertain economic future and will be looking to their accountants/business advisors/bookkeepers to give them advice as to what the future holds for them.  The…

There is a range of services beyond taxation, that smaller accountancy firms can provide to their SME clients, to assist those businesses to grow and add value. Amanda Gascoigne, an experienced Cons…

In the past, many accountants were not called upon to be able to display outstanding communication skills, but in the era that we are now in accountants, who wish to broaden their work activities to…

Welcome to Accountants Minute. The ESIC (Early-Stage Innovation Company) journey creates a range of new interesting work and “income streams” which will assist proactive accountants to “future proof…

The Early-Stage Innovation Company legislation has been available since July 2016 but unfortunately there has been little publicity about the significant benefits this legislation offers small/medium…

What would you learn from 8 hours with a group of company directors?  I had that privilege a couple of weeks ago in a programme sponsored by the Entrepreneurs Programme, part of AusIndustry.  The bri…

Accountants, you are needed in the ESIC process.  The Early Stage Innovation Company amendments to the Income Tax Act have instigated the first lot of publicity about a company which was actually goi…

Accountants, do you really know your clients?  At the ATSA Conference in Melbourne a couple of weeks ago, a number of the presenters referred to the concept of "trusted adviser".  Are you the "truste…

This edition is part of the series on "Adding Value To Your Clients’ Businesses". Let’s look at some of the challenges that are facing you as professional accountants and advisors in 2016/17…

It's a great time to conduct a review of your business. Here's a few questions you should be asking: Are you supplying services that your clients want? What do you think your firm is going to look…

I want to share a story with you… A business comes to have a discussion with you on Research and Development.  You give them some advice and suggest that they form a company. A year later, they com…