INPRACTICE

For accountants in public practice

TOP STORIES

The end of the year is a good time to take stock, and to take steps to improve your accounting firm's staff engagement.

Year end: a time for client and staff engagement


Public practitioners should allow three to five years to “get their house in order” before selling a business.

Getting your public practice ready for succession or sale


56 per cent of SMPs have difficulty attracting next-generation talent, with 66 per cent of these firms citing a lack of candidates with the right skills as the main challenge they face.

Technology, talent and advisory: findings from the 2018 IFAC Global SMP Survey


Don’t be fooled into thinking people are data-driven – they’re just fishing for data to support the decision they have already made.

How behavioural economics can transform accountant/client relationships


ALL INPRACTICE ARTICLES

When people know their employer values and trusts them, they will put themselves out when the workload is heavy or a colleague needs help.

Come together: staff engagement strategies for smaller accounting firms


Business owners are spoiled for choice when it comes to online accounting software. Here's a look at the key global and Australian players.

The latest in online accounting software in Australia


Data analytics is unlocking new assurance opportunities for auditors who can show a deeper understanding and different view of clients’ businesses.

Audit and the machine: how client demand is changing audit and assurance


Podcasts can allow an accounting firm to showcase its expertise.

Should your accounting firm have a podcast?


The end of the year is a good time to take stock, and to take steps to improve your accounting firm's staff engagement.

Year end: a time for client and staff engagement


56 per cent of SMPs have difficulty attracting next-generation talent, with 66 per cent of these firms citing a lack of candidates with the right skills as the main challenge they face.

Technology, talent and advisory: findings from the 2018 IFAC Global SMP Survey


To remain relevant, accountants will need to focus on becoming 'strategists with a future perspective'

Soft skills or technical skills? How accountants stay relevant in a changing world.


There is an ever-growing band of accountants who is advising and/or investing in start-up or early-stage businesses that may have a great business idea, but little or no financial smarts.

How accounting firms are connecting with start-ups


One of the best ways accounting firms can protect their information from cybercrime is with an integrated IT security system.

Proven strategies to protect your accounting firm against cybercrime


Many firms undergoing transformation overlook including their clients in the process, and ultimately end up imposing their changes without external consultation.

Include clients in your transformation journey: ATO


HOW TO

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Many firms do not regularly reach out to their clients to get insights that will help deliver greater value.

Use data analytics to deliver distinctive experiences to your accounting clients


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Playing a pivotal role in their clients’ professional lives allows accounting firms to move away from simply crunching numbers and transition to a business advisory role.

4 strategies to help your accounting clients grow their business


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The jobs market has changed. These days many applicants are seeking out accounting roles that, beyond just a competitive salary, are in accounting practices that offer them a range of other benefits.

How to employ the right staff for your accounting practice


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The way a firm is structured makes a difference when it wants to bring in new people, retain them or plan for succession.

Alternative ways to structure your accounting practice


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For practitioners, justifying the reasons for a fee rise is paramount because if you can’t, some clients will jump straight to competitors.

How to communicate a fee increase (without losing clients)


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Practitioners need to stay on top of any tax changes in order to correctly advise their clients.

The top 8 issues facing accounting practices today


PRACTICE MANAGEMENT

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It’s critical to know what you stand for in a crowded environment.

5 hot marketing tips for 2018


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It is important to manage client expectations, including the time it will take and the cost to provide considered written advice.

Top answers to common client questions


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The key is in knowing the client, getting back to basics and asking lots of questions.

Beware bad clients


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It's 20 times easier to get new business from existing clients than to bring in new clients, are you making the most of clients?

Existing clients: is your accounting firm making the most of them?


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Accountants may find it difficult to say no to an executorship. But it's possible to decline and still maintain a good relationship with your client.

Say no to being an executor and still keep the client


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The Fair Work Ombudsman has successfully taken legal action against a professional services firm for being an accessory to a contravention by a client.

Landmark decision holds accountancy firm liable for client's underpayments


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Managers in many types of organisations have a tendency to want to do everything themselves

Stop writing lists and become more productive


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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.


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A USP can help your practice stand out from the crowd

Does your business have a USP?