Category: tax accounting

Unfortunately for compliance based practices, the technology and digital disruption affecting many industries is starting to impact on the compliance accounting practice. Compliance fees ...

Every time you visited an accountants’ office, were you daunted by their comprehensive checklist with over 50 Items on it? A few would have wondered why ...

The Australian Taxation Office has introduced a simple tool for individuals (including sole traders) to lodge their own tax return electronically for free – ...

70% of Australian accounting practices have no clear strategy for their business. The strategic error According to Michael Porter the worst strategic error is ...

Operating a small business is one of the most rewarding yet challenging experiences and the difference between business success and failure is sometimes marginal.  ...

For 2015/16 the total Australian accounting industry revenue only grew 3.2% or $580m to $18.7bn. In contrast the big 4 accounting practices grew their ...

Survey results of key performance indicators in Australian accounting firms over the last 12 months show: The average firm is a two partner practice ...

Every accounting practice should be using cloud accounting for their practice for three reasons: Access to real-time (daily) accounting data showing the practices current ...

Tasmania today is a really awesome place to holiday, but an economic wasteland. Tasmania has the distinction of ranking the lowest of all Australian ...

It is possible to expand business rapidly if you have extra funds or can borrow/finance a 'fee parcel purchase' or 'practice acquisition'. Points to ...