Every accountant knows that reviews or audits of your client’s tax returns or financial compliance obligations can sometimes be unavoidable. When an audit hits, it is often due to a specific crackdown by the Australian Taxation Office (ATO) or other State & Federal government revenue authorities.

Tips to help you reduce audit queries across the board, which in turn will create greater efficiencies internally and improve turnaround times with your clients.

Cyber protection insurance is a relatively new form of cover. It’s designed to help protect your business from the financial impact of computer hacking or a data breach.

Making the initial decision to grow your farming business is probably the easiest part of the journey – implementing a strategy that is right for your operation can be more challenging.

In the emerging ‘new normal’ post Covid-19 pandemic corporate and employer branding is set to become one of the most critical investments for accounting firms, or indeed any business, to attract and retain clients and customers. This short article offers a series of questions to prompt you to consider how you could evolve your corporate and employer branding and build brand strength in the ‘new...

Being busy and overwhelmed has become a badge to wear with honour. In the words of Dr Brene Brown, ‘exhaustion has become a status symbol’. Our conversations go like this, ‘How are you?’ ‘Busy, you wouldn’t believe how busy we are.’ ‘You think you’re busy! Let me tell you… ‘ Fortunately, there are things you can do to move from worry to calm despite the chaos around you.

Every business has a code that underpins the way they operate from a financial viewpoint. Not knowing your code is like walking through a maze blindfolded. The code of any business consists of the four drivers of profit and three drivers of the balance sheet.

Continuous business improvement is an ongoing effort to improve the quality of the 4Ps - your processes, products, people and profit.

Video conferencing calls are now more popular than ever with the majority of us working from home due to COVID-19. With the rise of video calling, many people are still new to this way of working and may struggle with not only the technology side of things but also the etiquette of video conference calls.

Too many people ignore the opportunity to lead because we are ‘sheepwalking’ through our lives and work, too afraid to lead. If Accountants make the decision to ‘lead’ their clients it can have the potential to create a ripple effect throughout the whole community.