Should your small business use the instant asset tax write off?
Written by Angela Bichler: Sydney West Business Services. Chartered Accountant and Reckon Accredited Partner. The instant asset write-off is a primary component of this year’s federal budget and you could be forgiven for not knowing the new rules and spectrum of the scheme. After all,…
How open banking will bring change for UK accountants
Getting your head around Open Banking and putting yourself in a position to explain it to your client base is a savvy move in 2020. Open Banking, which opens the way for new financial apps and websites, will bring about new methods of interacting with…
How to choose an accountant for your business
Written by Angela Bichler: Sydney West Business Services. Chartered Accountant and Reckon Accredited Partner. Choosing an accountant is like choosing a new business partner. The right accountant will become a trusted advisor you can depend on, who offers advice and guidance for your business during…
Advisor burnout: how to get more done when you just can’t stop
With the massive implications of COVID-19 about to come to bear with EOFY approaching, advisor burnout is on the cards. Tax time for 2020 will be more onerous, more complex and it’s wise to assume that your workload will be rather towering. People may be…
Becoming a thought leader
I bet you’ve heard that buzzy little term ‘thought leader’ bandied about by people in the know (and people trying to sound like they’re in the know). What does it mean, though? Do you know why people are talking about thought leadership and what it…
How workflow technologies drive new efficiencies in your bookkeeping practice
As an advisor it is imperative you have a high functioning workflow in place to work effectively with your clients. Have you checked in on the health of your workflow systems recently though? In the 2019 Good Bad Ugly Benchmark Report, respondents were asked to…
The future of Bookkeeping is emerging. What do you need to know?
The bookkeeping game is starting to change – be sure you aren’t left on the station when the train leaves. While you don’t need to start slapping the panic button, it is not a stretch to say you need to be mindful of an evolving…
3 accounting industry trends you need to watch
We’ve all heard the industry is on the move and there is fear in the air of an accounting automation apocalypse coming for your job. Yeah, not any time soon. There is however a range of more immediate changes that likely will affect you. The…