Planning Strategies for 2021
Business Advisory Services Updates
If you haven’t already planned your strategies for 2021, now is a great time to be holding some “think tank” meetings to identify key strategies that your accountancy firm should be implementing during the next 12 months
Following on from the Com Bank “Accounting Market Pulse Report” which identified that Business Advisory Services would be the most in demand service supplied by accountants in the next 6 to 12 months, the recent Accounting Business Expo enabled a significant number of presenters to make presentations relating to the subject headings “Business Advisory Services” and “Chief Financial Officer Services”.
These presenters identified that there were a number of variations of accountancy firms now emerging in Australia:
- Firms which want to be 100% compliance.
- Firms which are aiming for a split between compliance and business advisory services say 50/50.
- Firms which will be committed to 100% delivery of business advisory services.
