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Mar 30, 2017

90% of small business failures are due to poor cashflow” Ms Kate Carnell the Australian Government’s Small Business Ombudsman said recently.


Australia has the longest debtors days outstanding in the world”.  A survey of over 80 countries found that Debtors Days Outstanding in Australia was 26.4 days higher...

Mar 14, 2017

Accounting Market Pulse (produced for the Commonwealth Bank) December 2015 edition identified that the main areas of expected growth for accountancy businesses over the period from 1st January 2016 to 30th June 2017 would be:

  • Business Advisory Services
  • Management Consulting

A key component of Business Advisory...

Mar 6, 2017

Whilst there is some debate as to the degree that individual accountancy businesses will be affected by changes in the marketplace relating to taxation returns, financial advice and superannuation fund audits, you would be a very brave accountancy business if you elected to reject these changes out of hand!


At the...

Mar 1, 2017

There is no doubt that there are changes in the accounting market.  These changes are occurring at an ever faster pace!  How you respond to these changes will significantly affect what your accountancy business looks like in a few years' time.


Potential “fee slippage” is a relatively new problem for accountants....