INPRACTICE

For accountants in public practice

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ATO outage? Stay productive with these 9 tips.

9 ways to keep productive during an ATO systems outage

05 Sep 2017

In an online world, outages happen. They can be incredibly frustrating and severely impact work schedules but the down time doesn’t have to be time wasted. Here are some ways to keep your business on track and stay productive should your systems go down.

Technology's getting even smarter. What does that mean for the accounting sector? Illustrations: Ellen Porteus.

Will robots free accountants to be more creative?

01 Sep 2017

A growing number of repetitive tasks are being delegated to robots, leaving accountants more time to look for value-added opportunities.

The skills, experience and ethical code of accountants make them perfect candidates as executors. However, before accepting, an accountant should carefully examine what is involved, the time commitment, return for effort, costs and, importantly, their individual skills and risk exposures.

Accountants as executors: does it add up?

25 Aug 2017

It can be an honour to be asked by a client to take on the role of executor but before accepting, accountants should consider the significant challenges it poses.

One challenge facing family-owned businesses is a lack of awareness of the impact of technology on their business.

5 critical success factors for family businesses in the next 5 years

21 Aug 2017

Family businesses are the backbone of the Australian economy, employing more than 50 per cent of the workforce. They also face unique challenges, with the dynamics of family relationships adding to the complexity of running a business.


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ASIC is taking a closer look at investment deals that circumvent the sophisticated investor test.

ASIC warns accountants

Securities regulator ASIC is scrutinising investment deals that circumvent the sophisticated investor test.

Help your firm stand out from the crowd with the help of emotional intelligence.

Accounting for EQ: Why emotional intelligence matters for accountants

Improving your emotional intelligence – or EQ – could be the key to building more trust and better rapport with clients of accounting firms.

Are accountants putting themselves at risk by preparing trust deeds?

Online trust deeds a hazard for practitioners

Executing trust deeds is not as simple as some practising accountants may think.

ATO outage? Stay productive with these 9 tips.

9 ways to keep productive during an ATO systems outage

In an online world, outages happen. They can be incredibly frustrating and severely impact work schedules but the down time doesn’t have to be time wasted. Here are some ways to keep your business on track and stay productive should your systems go down.

We are here to help: a new service for public practitioners provides support when starting a new firm.

New public practitioners offered vital support

If you need a sounding board while starting an accounting firm, help is now at hand.

Technology's getting even smarter. What does that mean for the accounting sector? Illustrations: Ellen Porteus.

Will robots free accountants to be more creative?

A growing number of repetitive tasks are being delegated to robots, leaving accountants more time to look for value-added opportunities.

LIVE CHAT: Understand your minimum PII requirements

Changes to CPA Australia’s By-law 9.8 Professional Indemnity Insurance (PII) will take effect from 8 October 2017.

The skills, experience and ethical code of accountants make them perfect candidates as executors. However, before accepting, an accountant should carefully examine what is involved, the time commitment, return for effort, costs and, importantly, their individual skills and risk exposures.

Accountants as executors: does it add up?

It can be an honour to be asked by a client to take on the role of executor but before accepting, accountants should consider the significant challenges it poses.

One challenge facing family-owned businesses is a lack of awareness of the impact of technology on their business.

5 critical success factors for family businesses in the next 5 years

Family businesses are the backbone of the Australian economy, employing more than 50 per cent of the workforce. They also face unique challenges, with the dynamics of family relationships adding to the complexity of running a business.

Low wages growth and pressure on business margins are motivating people to evade the tax system.

The black economy taskforce: what it means for accountants and their clients

The Australian Federal Government is forecast to announce before year-end further measures to curb the multi-billion-dollar black economy.

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Allowing the next generation to take over IT initiatives is an effective way to future-proof small and family businesses.

5 steps to prepare your family business for the next generation

07 Jun 2017

Successfully engaging the next generation in a family business often depends on how well the parents accommodate the personal objectives of their children.

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While there are pros and cons to ditching the timesheet, some firms are reaping the benefits of a different approach to billing.

How to implement value-based billing

30 May 2017

Switching from billable hours to value billing can’t happen overnight, but in the long run can offer benefits to accountants and clients.

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How predictive intelligence can help grow your practice

11 May 2017

SPONSORED VIDEO. Trust is a key ingredient in client relationships, and a perfectly timed email can demonstrate your expertise and deepen those connections.

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Apple prides itself on giving customers a satisfying experience when they enter one of its stores.

How to create an Apple-grade customer experience

01 Jun 2017

Clients can be high maintenance, but it’s all about keeping them coming back for more. For market leaders like Apple, technology has changed customer service so that every phase of a customer’s experience is carefully planned and makes them feel valued.

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The more things that accounting software can connect to, the more valuable it will be.

Cloud accounting: what you need to consider

01 May 2017

When small to medium businesses choose software, the big factors to consider are the suites of apps on offer and how well each option connects to other systems.

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How to attract talent to your accounting practice

27 Apr 2017

In today’s job market, accounting firms seeking top talent have to be proactive.

Practice Management

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EOFY resolutions for your small business

26 Jun 2017

The start of a new financial year is a good time to set business resolutions. To jump start your planning, CPA Australia has put together the following tips.

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The option to conduct a review instead of an audit, even if allowed under relevant legislation, depends on the entity’s constitution.

Review or audit? Help your clients understand the difference.

22 Jun 2017

Many of your clients may not be aware that the entity they manage may not require an audit.

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A USP can help your practice stand out from the crowd

Does your business have a USP?

27 Jan 2017

A unique selling proposition can help cut through the clutter, but you have to walk the talk.

INPRACTICE Profiles

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Derek Grima CPA set up Ballarat-based BeFinancial, an accounting and business solutions practice

Small practice dreams big in Ballarat

01 Jun 2017

Ballarat local Derek Grima CPA wants to give small businesses brilliant service. He set up his own practice to do just that.

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Keeping up the good fight: Allan Lorraine FCPA. Photographer: Damien Pleming.

At 90, Allan Lorraine FCPA geared up for the fight of his life

01 Feb 2017

At a time when most people are winding down, Lorraine geared up for a fight to right the wrongs of a proprietor and a bureaucracy that didn’t seem to care.

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Robyn Erskine FCPA

Why people skills matter in the insolvency business

05 Nov 2015

Robyn Erskine FCPA says people skills are a vital part of insolvency work.