Skip to main content

Accountant's Minute

ESS BIZTOOLS Blogs

INDIVIDUAL PRODUCTS
(0)
PRIMARY PACKAGES
(1)
UNCATEGORISED
(0)
6th Mar, 2017
Implementing the Next Level An Important Task for Accountants!
Implementing the Next Level An Important Task for Accountants!
Whilst there is some debate as to the degree that individual accountancy businesses will be affected by changes in the marketplace relating to taxation returns, financial advice and superannuation fu…
Read more
1st Mar, 2017
Accountants - Are You Ready for the Next Level?
Accountants - Are You Ready for the Next Level?
There is no doubt that there are changes in the accounting market.  These changes are occurring at an ever faster pace!  How you respond to these changes will significantly affect what your accountan…
Read more
20th Feb, 2017
A Customised Debtors Systems' Manual is a Great Way for an Accountant to Help SMEs
A Customised Debtors Systems' Manual is a Great Way for an Accountant to Help SMEs
Accountants can assist small/medium enterprises to reduce their Debtors' Days Outstanding by producing a Debtors Systems' Manual. A written debtors' manual, together with targeted training of the sm…
Read more
13th Feb, 2017
Debtors' Days Outstanding "Silent Killer of Modern Business"
Debtors' Days Outstanding "Silent Killer of Modern Business"
Australia is lagging the rest of the world in terms of late payments described as the “silent killer of modern business” by the Australian government’s Small Business Ombudsman, Kate Carnell late las…
Read more
30th Jan, 2017
Do You Have a Strategy for 2017?
Do You Have a Strategy for 2017?
Whilst compliance work is still important, it's no longer the only "game" for accountants/advisors! The key 2017 challenge for accountants and advisors is “responding to client requirements for acco…
  • Tags:
Read more
27th Dec, 2016
Resolutions for 2017
Resolutions for 2017
I'd like to take this opportunity of wishing you, your colleagues and your families a very Happy Christmas and I hope that 2017 will be very prosperous for you and your business. Over the last six m…
Read more
19th Dec, 2016
Directors' Feedback - Need More Than Taxation Services From Accountants?
Directors' Feedback - Need More Than Taxation Services From Accountants?
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…
Read more
13th Dec, 2016
Business Advisory Services is a Key Product for Accountants to Provide
Business Advisory Services is a Key Product for Accountants to Provide
What services are you going to provide in 2017 which create a WOW factor? Last week we talked about Chief Financial Officer services, Debtors' Management, Personal Property Securities Register Due D…
Read more
5th Dec, 2016
Services Your Accountancy Clients Will Want In 2017
Services Your Accountancy Clients Will Want In 2017
As we get near the end of another calendar year it's an appropriate time for accountants to be asking yourselves what services will your clients want in 2017? There has been a lot of debate over the…
Read more
28th Nov, 2016
Risk Management – Debtors
Risk Management – Debtors
Accountants, small/medium enterprises need your assistance with risk management. In big business, public companies the CEO traditionally turns to their Chief Financial Officer or company secretary f…
Read more
21st Nov, 2016
Personal Property Securities Register - Are Your Clients Protected?
Personal Property Securities Register - Are Your Clients Protected?
Risk management is an accepted subject for accountants to enquire about with your clients relative to covers, policies that have been enacted etc.  This can cover items such as: insurance, busi…
Read more
14th Nov, 2016
Early Stage Innovation Company Process
Early Stage Innovation Company Process
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…
Read more
7th Nov, 2016
Do You Really Know Your Accountancy Clients?
Do You Really Know Your Accountancy Clients?
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…
Read more
31st Oct, 2016
Innovation is Important even for Accountants
Innovation is Important even for Accountants
At the Australian Technology Showcase for Accountants (ATSA) in Melbourne last week, many new types of innovation for accountants were presented by the various presenters and businesses that displaye…
Read more
23rd Oct, 2016
Use Disruption To Benefit Your Clients, Team and Firm
Use Disruption To Benefit Your Clients, Team and Firm
This is part of our theme over the last three or four issues of Accountants Minute when we've been looking at what you need to do to add value to your clients' businesses. Innovation is very much in…
Read more
20th Oct, 2016
Business Advisory Services a Key Product
Business Advisory Services a Key Product
Hello, I'm Peter Towers, Managing Director of ESS BIZTOOLS.  Welcome to Accountants Minute. Over the last few weeks we've had a series within our Accountants Minute articles as part of Adding Value…
Read more
12th Oct, 2016
Assistance is Available for Accountants
Assistance is Available for Accountants
Assistance is available for accountants and advisors to help you add value to your clients' businesses.  This is a continuation of the theme on "How can Accountants and Advisors add value to Clients…
Read more
9th Oct, 2016
Where are you now? Why not review your business?
Where are you now? Why not review your business?
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…
  • Tags:
Read more
9th Oct, 2016
Challenges for accountants and advisors
Challenges for accountants and advisors
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…
  • Tags:
Read more
26th Sep, 2016
Want to turn a $2,000 a year client into a $25,000 client?
Want to turn a $2,000 a year client into a $25,000 client?
The Australian government has introduced legislation to assist innovative companies to be able to raise capital.  This legislation, which commenced operations from 1st July 2016, is called the "Early…
Read more
22nd Sep, 2016
Government Grants Could Assist Your Clients
Government Grants Could Assist Your Clients
Hello, I'm Peter Towers, Managing Director of ESS BIZTOOLS.  Welcome to Accountants Minute. Today we're going to look at government grants.  Some of the government grants offered by the Australian g…
Read more
21st Sep, 2016
Tax Incentives for Early Stage Investors
Tax Incentives for Early Stage Investors
The Early Stage Innovation Company legislation offers significant taxation benefits to eligible investors. To make Early Stage Innovation Companies work there has to be investors. Investors can quali…
Read more
8th Sep, 2016
Promoting ESIC to Clients and Prospects
Promoting ESIC to Clients and Prospects
Promoting the Early Stage Innovation Company legislation to clients and prospects is going to be a task that, I hope, many of you will participate in over the next few months. The legislation is tar…
Read more
31st Aug, 2016
Early Stage Innovation Company Investor Opportunities
Early Stage Innovation Company Investor Opportunities
In recent weeks, we've talked to you about the significant benefits that are available for new companies that have developed new products, services, marketing or organisational methodology to becomin…
Read more
23rd Aug, 2016
Will you have an ESIC Story?
Will you have an ESIC Story?
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…
  • Tags:
Read more
17th Aug, 2016
Early Stage Innovation Companies
Early Stage Innovation Companies
The Early Stage Innovation Company legislation is a great "new revenue stream" for accountants and business advisors.  Deloitte produced a report a few years ago relative to digital disruption and on…
  • Tags:
Read more
9th Aug, 2016
Delivering a Virtual CFO Service
Delivering a Virtual CFO Service
Do you know that small/medium enterprises have indicated, in numerous surveys over the last 15 years, that they want to receive a wider range of commercial services from someone?  Obviously, that som…
Read more
4th Aug, 2016
Every Business Needs a Succession Strategy
Every Business Needs a Succession Strategy
Do you know that succession or exit planning has been identified by small/medium enterprise operators as one of the key issues for business success, in various surveys over the last 15 years? ESS BI…
Read more
1st Aug, 2016
The ESIC Legislation is a Great New Income Stream for Accountants and Advisors
The ESIC Legislation is a Great New Income Stream for Accountants and Advisors
Do you remember the Deloitte report, “Digital disruption – short fuse, big bang?” a few years ago?  In that report, Deloitte stated that they believed that accountants/advisors would need to create n…
Read more
27th Jul, 2016
Business Planning is an Important Component of Business Success
Business Planning is an Important Component of Business Success
Do you know that small/medium enterprises, identified in the CCH’s survey of small businesses a couple of years ago, said that business plans were one of the key services that small/medium enterprise…
Read more
20th Jul, 2016
2016/17 - The Year of Business Advisory Services!
2016/17 - The Year of Business Advisory Services!
Welcome to 2016/17, the year of business advisory services. Do you know that the Accounting Market Pulse, produced by the Commonwealth Bank in their December 2015 issue, forecast that the top servic…
Read more
14th Jul, 2016
Accountants - The PPSA and the PPSR can send your business clients broke
Accountants - The PPSA and the PPSR can send your business clients broke
Have you introduced your clients to a risk management strategy?  Do you know that $120M has been lost already by Australian businesses in court cases relating to the Personal Property Securities Act…
  • Tags:
Read more
6th Jul, 2016
Accountants – Debtors’ Management is Very Important for SMEs
Accountants – Debtors’ Management is Very Important for SMEs
Do you know that, in various surveys, small/medium enterprises have identified that they would like to receive additional commercial services from their accountants/advisors? One of the key services…
  • Tags:
Read more
27th Jun, 2016
Happy New Financial Year!
Happy New Financial Year!
Welcome to 2016/17! According to “Accounting Market Pulse” produced by the Commonwealth Bank of Australia, this is the year of “business advisory services”. What can you do to add value to your cli…
Read more
21st Jun, 2016
The ESIC Brings Great Opportunities to Accountants and Advisors
The ESIC Brings Great Opportunities to Accountants and Advisors
The Early Stage Innovation Company (ESIC) legislation commences in Australia from 1st July 2016.  Unfortunately, the legislation for Crowd Funding Equity Raising was still in the Senate when the Sena…
Read more
16th Jun, 2016
Accountants and Advisors – Business Evaluation Helps SMEs
Accountants and Advisors – Business Evaluation Helps SMEs
Do you know that accountants/advisors have been identified as the trusted adviser for small/medium enterprises, to offer a range of non-compliance services in addition to taxation, to help small/medi…
Read more
8th Jun, 2016
Accountants – June is the Time for Business Planning
Accountants – June is the Time for Business Planning
The 30th June is only a few weeks’ away.  It’s a great time to sit down and talk to your clients on formulating formal plans for 2016/17.Business plans are like “maps for tourists”.  If you don’t kno…
Read more
25th May, 2016
Accountants – Businesses Need a Broad Succession Strategy
Accountants – Businesses Need a Broad Succession Strategy
The normal understanding of succession is questions being asked: “What would happen is something happened to our owner or CEO?” Most small/medium enterprises cannot afford to have a stand by CEO sit…
  • Tags:
Read more
17th May, 2016
Accountants – SMEs want you to identify grants for them
Accountants – SMEs want you to identify grants for them
A very common statement that I hear from small/medium enterprises and from some industry consultants is: “The thing that really upsets me is when a competitor receives a grant that I know nothing abo…
Read more
9th May, 2016
Accountants – Innovation Companies Are A Great Opportunity!
Accountants – Innovation Companies Are A Great Opportunity!
The Federal Parliament has finalised the legislation for Crowd Funding Companies and Early Stage Innovation Companies.  This is a great opportunity for accountants to get ready to service a brand new…
Read more
5th May, 2016
Accountants – every SME needs a business plan!
Accountants – every SME needs a business plan!
Business plans are like maps for tourists.  If your client doesn’t know where they’re going, how are they going to know when they get there?Having a business plan enables the business to periodically…
Read more
28th Apr, 2016
Accountants – are you delivering Chief Financial Officer services?
Accountants – are you delivering Chief Financial Officer services?
The duties of a Chief Financial Officer (CFO) have been fairly well defined in public companies.  I undertook a review of advertisements for CFOs in public companies and identified some of the key as…
  • Tags:
Read more
20th Apr, 2016
Accountants – do you realise the PPSR affects every one of your SME clients?
Accountants – do you realise the PPSR affects every one of your SME clients?
The Personal Property Securities Act (PPSA) and the associated Personal Property Securities Register (PPSR) have a very wide influence on business operations in Australia.  Unfortunately, a large num…
Read more
13th Apr, 2016
The Innovation Company legislation presents accountants great opportunities
The Innovation Company legislation presents accountants great opportunities
The Federal Government has finalised the legislation for the two new company-type entities that will operate from 1st July 2016.  The legislation for both new company entities is currently in the Sen…
Read more
12th Apr, 2016
Accountants’ confidence sells business advisory services
Accountants’ confidence sells business advisory services
Some accountants have contacted me and indicated that they’re a little bit worried about being challenged on their skills to offer business advisory services.My response to that: if you’ve undertaken…
  • Tags:
Read more
30th Mar, 2016
Assisting clients to plan for success
Assisting clients to plan for success
To be successful, accountants offering a broader range of services have to be part of the “client’s team”. In the first instance, you will need to: Study your client’s Business and Industry For i…
  • Tags:
Read more
21st Mar, 2016
Building a Virtual Chief Financial Officer Service in 2016
Building a Virtual Chief Financial Officer Service in 2016
This is certainly going to be a challenge for most accountancy businesses. One of the big questions is: “Where to start?”Part of this “start” preparation would include the development of an “elevator…
  • Tags:
Read more
14th Mar, 2016
Are you preparing for business advisory services?
Are you preparing for business advisory services?
I believe that 2016 will be acknowledged as being the “year of business advisory services”. This is what the Commonwealth Bank of Australia’s publication, “Accounting Market Pulse”, has predicted.The…
  • Tags:
Read more
7th Mar, 2016
Accountants’ Challenge – Generate 40% of Revenue from Business Advisory Services
Accountants’ Challenge – Generate 40% of Revenue from Business Advisory Services
When most accountants commence work, systems have already been implemented for taxation returns, annual accounts, audits, insolvency for some firms and superannuation funds.In the same way, the syste…
  • Tags:
Read more
1st Mar, 2016
Why Offer Business Advisory Services?
Why Offer Business Advisory Services?
This is a good question that accountants should be asking.There are a lot of changes occurring in the marketplace, however do you need to do anything?Some firms are becoming far more involved in fina…
  • Tags:
Read more
25th Feb, 2016
Delivering a Business Package to your Clients
No business is too big to fail. Businesses, including accountants, need to respond to changing market conditions. This is best illustrated by what occurred with Kodak.Kodak had the first patented dig…
  • Tags:
Read more
18th Feb, 2016
Special Update: PPSA Court Case on Forge Group
The $50M loss for not registering on the Personal Property Securities Register (PPSR) has sent shockwaves through the business community.The NSW Supreme Court, in a decision on 11th February 2016, in…
  • Tags:
Read more
17th Feb, 2016
Securing grants helps accountants and your clients
Have you thought about how you’re going to replace your firm’s share of the $500M per annum that the ATO predicts will be lost to accountants, with the introduction of Standard Business Reporting (SB…
  • Tags:
Read more
8th Feb, 2016
Business Advisory Services – Products
There’s a significant range of services an accountancy business, that is committed to offering commercial services, in addition to taxation, can offer to their clients. Small/medium enterprises have…
  • Tags:
Read more
2nd Feb, 2016
PPSA Contains Potential Risks To Your Clients
The Personal Property Securities Act (PPSA) contains potential risks to your clients. Millions of dollars have already been lost by businesses, both small and large, caused by ignorance of the PPSA a…
  • Tags:
Read more
1st Feb, 2016
Building a Virtual Chief Financial Officer Service
The Commonwealth Bank’s December 2015 edition of “Accounting Market Pulse” predicted that business advisory services and management consulting would be the top service lines to enter and grow for acc…
  • Tags:
Read more
26th Jan, 2016
Are accountants the lucky profession?
Just as accountants are facing up to the implications of the Standard Business Reporting (SBR) system that is currently being introduced by the Australian Taxation Office (ATO), together with the pre…
  • Tags:
Read more
18th Jan, 2016
Identifying characteristics that will help your clients succeed
As accountants start offering a wider range of commercial services (I surely trust that you are), you will be involved in more meetings and discussions on actual business performance, rather than con…
  • Tags:
Read more
16th Dec, 2015
Proactive accountants identify government grants for clients
In the various surveys that have been conducted, small/medium enterprises have indicated one item in common – they would like their accountants to give them advice on government grants for which they…
  • Tags:
Read more
15th Dec, 2015
Accountants providing proactive assistance to SMEs to raise capital
There’s a challenge for accountants to be proactive, to assist SMEs in what could be called a “left field” service – assistance in raising capital.There’s a lot of talk at present involving: • the “I…
  • Tags:
Read more
7th Dec, 2015
A business camp could launch business advisory services
There are many ways to get started with offering business advisory services.Within ESS BIZTOOLS, we suggest that you have a small seminar for a number of clients and then have one-on-one meetings wit…
  • Tags:
Read more
30th Nov, 2015
What if we are challenged on our skills for a CFO role?
I get telephone calls from accountants around Australia at times asking me this question: “What if we are challenged on our skills for a CFO role?”My advice to them is as follows…Respond in a positiv…
  • Tags:
Read more
16th Nov, 2015
Situation Available – Chief Financial Officer Services
There are opportunities in many small/medium enterprise businesses for accountancy businesses that are prepared to offer virtual CFO services.What services are required? A wide range, similar to the…
  • Tags:
Read more
18th Oct, 2015
Would your accountancy firm clients rate you 10/10?
This is an interesting question because, in many businesses around Australia within industries other than accounting, many operators are trying to score a 10/10 rating from their customers and/or cli…
  • Tags:
Read more
12th Oct, 2015
Getting Organised to Deliver Non-Compliance Services
A number of commentators are suggesting that accountants should be delivering a wider range of commercial services – I’m definitely one of those people.However, rather than just putting words to the…
  • Tags:
Read more
5th Oct, 2015
Are you delivering what your clients want?
Clients’ expectations are changing. This has been verified by surveys undertaken by CCH and MYOB. These surveys have indicated that clients are looking for a wider range of non-compliance services, i…
  • Tags:
Read more
16th Sep, 2015
Accountants need to prepare to offer business advisory services
I had some accountants ring me of late, who indicated that they’re a bit uncertain on how to approach their clients to advise them that they’re now in a position to offer business advisory services…
  • Tags:
Read more
3rd Sep, 2015
Accountants need to diversify
There are many issues confronting accountancy businesses in Australia at present, including: “Digital disruption” The introduction of Standard Business Reporting (SBR) by the ATO Competition from…
  • Tags:
Read more
26th Aug, 2015
Outsourcing will affect most accountants
A few weeks ago, Smithink conducted a very interesting workshop in Melbourne, on the effects of outsourcing on Australian accountancy businesses. As an accountant, whether you agree or disagree with…
  • Tags:
Read more
4th Aug, 2015
Outsourcing creates opportunities for accountancy businesses
Accountants are facing increased competition from a range of sources, including outsourcing. A conference in Melbourne on the 27th July 2015, organised by Smithink, heard that all types of work is n…
  • Tags:
Read more
22nd Jul, 2015
Accountants becoming CFOs for their SME clients
I’ve conducted many surveys of small/medium enterprise operators on what they want to obtain from their business operations. When I’ve discussed with them what they think about their accountants, a c…
  • Tags:
Read more
13th Jul, 2015
There’s a market for accountants to offer cashflow management advice
At the ATSA conference in October 2014 in Melbourne, Geoff Leeper, the Second Commissioner of the ATO made this infamous statement: “There’s a market for accountants to offer cashflow management adv…
  • Tags:
Read more
24th Jun, 2015
The accountancy market is changing
Has your firm developed strategies for: Digital Disruption – Deloitte has forecast a 32% change for accountancy businesses. Should your firm be replenishing revenue streams? Standard Business Repo…
  • Tags:
Read more
16th Jun, 2015
Are your SME clients financially savvy?
Over the years, there have been a number of reports as to whether small/medium enterprise operators really understand financial accounts. Today, with cloud technology and the numerous accounting sof…
  • Tags:
Read more
9th Jun, 2015
The PPSA can send businesses broke!
There have been over 50 court cases relative to the Personal Property Securities Act (PPSA) and the associated Personal Property Securities Register (PPSR) since the legislation was introduced to Aus…
Read more
2nd Jun, 2015
Improving Employment Prospects
The Federal government has launched a 12-month pilot program, Training for Employment Scholarship, in the outer metropolitan and regional areas. This program is developed to assist the employment and…
  • Tags:
Read more
17th May, 2015
Do your clients need skills development?
The Federal government’s Industry Skills Fund is supporting businesses, from micro-businesses (less than 4 employees) through to large businesses (200+ employees), to undertake specific training to i…
  • Tags:
Read more
10th May, 2015
Do your clients know about your new services?
Some small/medium enterprises doubt whether their current accountants can deliver the new services they are seeking, so they can add value to their businesses. I’m reminded of a comment made by a pa…
  • Tags:
Read more
3rd May, 2015
Who is your salesperson?
A prominent American Business Angel, speaking at a capital raising seminar in Melbourne some years ago, said, “Many businesses ignore professional selling at their peril.” “Businesses need to be abl…
  • Tags:
Read more
19th Apr, 2015
Today, we do something different
“Kaizen” is Japanese for “change for the better” or “continuous improvement” in business activities. This could be beneficial to accountants when you consider the problems of “digital disruption” and…
  • Tags:
Read more
13th Apr, 2015
Time Management
We all have 24 hours in a day. What we do with that time and how effectively we deal with our 24-hour allocation can have a significant bearing on our work performance, health, satisfaction and perso…
  • Tags:
Read more
6th Apr, 2015
Profit Protection
Retail businesses in particular can save thousands of dollars by employing a full-time or part-time profit protection officer. Businesses need to be able to rely on the integrity of their targeted gr…
  • Tags:
Read more
30th Mar, 2015
Portfolio Allocations
Business operations cover a wide number of activities. In fact, I’ve identified that there are 17 key function headings (with numerous subheadings) of running a business in 2015. These include: R…
  • Tags:
Read more
23rd Mar, 2015
"If it doesn’t challenge you, it doesn’t change you"
This is a sign that recently appeared on the wall of the gymnasium of which I’m a member. I first thought the manager was probably having a go at me because I’m slightly overweight. However, the more…
  • Tags:
Read more
17th Mar, 2015
Benchmarking
Benchmarking is a comparison of a business’ operating Key Performance Indicators (KPIs) and financial ratios with best practice and average performance data relating to similar businesses. The utili…
  • Tags:
Read more
4th Mar, 2015
Now is not the time to be faint-hearted!
There are many challenges facing accountants and, indeed, the whole business community. These could be summarised as: The economy – interest rates are not at the current level to assist borrowers…
  • Tags:
Read more
26th Feb, 2015
Stock shrinkage is a big cost!
Millions of dollars are lost every year through stock shrinkage in retail and many other types of businesses. Shrinkage is a very expensive loss. Shrinkage occurs whenever the business fails to sell…
  • Tags:
Read more
16th Feb, 2015
Priority Industries
12 months ago, we had hardly heard the term “priority industries”. However, the term is very applicable to the Australian government’s newest grant, ‘Industry Skills Fund’. The government has once a…
  • Tags:
Read more
9th Feb, 2015
Challenges For 2015
There are a number of key challenges facing the accountancy industry in Australia that are going to have significant effects on operations in 2015. Now is the time for accountants to finalise strateg…
  • Tags:
Read more
11th Dec, 2014
Business Plans Are Important For Businesses
It’s nearly the start of a new calendar year and it’s an appropriate time for accountants to be encouraging small/medium enterprise clients to prepare or update their business plans for the forthcomi…
  • Tags:
Read more
24th Nov, 2014
Entrepreneurs’ Infrastructure Program Fully Operational
Last week, the Australian government’s Entrepreneurs’ Infrastructure Program released the details of the final grant, Accelerating Commercialisation. Accelerating Commercialisation assists entrepren…
  • Tags:
Read more
13th Nov, 2014
Even the ATO is advising accountants to become business advisors
Speaking at the Australian Technology Showcase for Accountants (ATSA) Conference, held in Melbourne in October, the Second Commissioner of the ATO, Geoff Leeper, outlined the ATO’s policy relative to…
  • Tags:
Read more
30th Oct, 2014
ATO’s ‘Red Tape Reduction Strategy’ will reduce accountants’ income
According to Geoff Leeper, Second Commissioner of the Australian Taxation Office (ATO), the ATO’s ‘Red Tape Reduction Strategy’ will reduce accountants’ income. Mr Leeper was speaking at last week’s…
  • Tags:
Read more
17th Oct, 2014
PPSR: Insolvency events
Understanding incidents relating to insolvency practitioners, the Personal Property Securities Act (PPSA) and the Personal Property Securities Register (PPSR) will assist accountants in their service…
  • Tags:
Read more
9th Oct, 2014
PPSR: A time bomb for businesses
Lack of knowledge of the Personal Property Securities Act (PPSA) and the Personal Property Securities Register (PPSR) could be a ‘time bomb’ for businesses. Millions of dollars has already been lost…
  • Tags:
Read more
1st Oct, 2014
Planning Services for ‘Disrupted’ Industries
Planning services for ‘disrupted’ industries is certainly a topical subject at present, following the publication of the updated Deloitte report, ‘Digital disruption – short-fuse, big bang?’ Deloitt…
  • Tags:
Read more
24th Sep, 2014
Are you offering ‘real accountancy services’?
A young accountant, who participated in a business advisory services training program, sent me an email at the end of the training and said: “Thank you, I now feel like I’m offering real accounting s…
  • Tags:
Read more
15th Sep, 2014
Introducing Your General Manager
Many business operators run out of time and they ask their accountants who can assist them? A new organisation has been formed in Sydney in the last couple of months called “Your General Manager” (Y…
  • Tags:
Read more
9th Sep, 2014
Changes to the Business Growth Grant program
The Australian government has announced changes to the Business Growth Grant program, commenced in July this year. The government has announced withdrawal of the following industries from the progra…
  • Tags:
Read more
4th Sep, 2014
PPSA Contains Potential Risks To Your Clients
The Personal Property Securities Act (PPSA) contains potential risks to your clients.  Millions of dollars have already been lost by businesses, both small and large, caused by ignorance of the PPSA…
  • Tags:
Read more