Podcast appearances and mentions of david boyar

David Boyar joins Imogen once again on Accountants Daily Insider to chat about all things AI strategy and thought leadership, why they are crucial, and upcoming projects in the pipeline for The Access Group. Tune in to find out more about: What is AI decision making and how should it be approached? What is Access Evo and what makes it different? How is The Access Group upskilling in AI to create an evolving product useful for the accounting industry? What is an AI strategy and why should it be implemented? “The answer is that at Access, we're not going to leave anybody behind. We make products for accountants … and we'll keep investing in Australian accountants.”

ChangeGPS general manager and popular accountant advocate, David Boyar, jumps onto AD Insider to share his views and opinions on the current activity in the accounting industry. Boyar shares his passionate views about the disadvantages accountants have faced over the last year, and how these will likely persist into 2025. Touching on aspects from policy reform and rapidly changing obligations to professional body activity and AI adoption, Boyar expresses his perspective on it all. The episode also announces the Access All Areas event hosted by ChangeGPS in Melbourne on 27 November. The event is designed by and for accountants to connect and learn from one another during an overwhelming and uncertain time.

Strap in for a whirlwind journey through the financial vortex with "The Future of Accounting: Services, Pricing, Affordability, and Accessibility." Join us and the ever-insightful David Boyar, CEO of Change GPS, as we catapult into what the landscape of accounting might look like tomorrow. It's not just about balancing books; it's about breaking barriers!We're tearing through the tapestry of traditional accounting, where artificial intelligence and high-tech tools are not mere props but the heart of our narrative. Imagine a world where services are not only smarter but also within reach of every budding entrepreneur and established business alike. What excites us? The boundless potential of AI and automated systems to democratise data and decision-making. What scares us? The pace at which we must adapt and the potential for personal touch to fade in the rear-view mirror.As we chart the new frontiers of affordability and accessibility, we'll dissect pricing models that promise not just to follow trends but to set them. We'll explore how these innovations could shape the dreams of tomorrow's business moguls and what actions we need to take today to prepare for a future where accountants are as much guides as they are guardians of fiscal prudence.From navigating the nuances of AI-enhanced advisory services to ensuring every small business can afford the keys to the financial kingdom, we delve into how personalised services are evolving beyond the cookie-cutter approaches of the past. We wrap up with a reflection on the importance of financial literacy and wealth preservation, positioning the accountant as a lighthouse for generations navigating the treacherous waters of market shifts.Dive deeper, question more, and join us online where the conversation never stops. The future is here, and it's electrifying—let's embrace it together!AAAAA IS PROUDLY BROUGHT TO YOU BY OUR SPONSORSFuseSign Digital Signing, Done Simply. FuseSign is an affordable, intuitive and easy to use Digital Signing platform. Greater Control, Greater Flexibility, Greater Client ExperienceTOA Global Dedicated outsourcing solutions for Accounting firms in the USA, Canada, Australia, New Zealand, UK and across the globeATO SmartDocs | ATO documents processed in seconds. Built to future-proof your ATO document processing by securely connecting to the ATO servers and loading your documents ready to be securely delivered to your clients.FOLLOW US ON THE SOCIALSwww.accountingadventures.com.auAccounting Adventures (@accadvpodcast) | InstagramAccounting Adventures | FacebookAccounting Adventures | LinkedInAly & Andrews All Aussie Accounting Adventures (@accadvpodcast) | X Email: podcast@accountingadventures.com.auCHECK US OUTALL IN Advisory | Your squad of award-winning accountants, tax wizards, and business visionaries, perfectly tailored to elevate your biz. Let's soar together! Illumin8 | Purpose-led cloud-driven accounting humansMUSICENTENTE (@ententemusic) | InstagramPRODUCTIONDavid Easton (@davidjeasty) | Instagram

The biggest kept secret in the Australian accounting industry: The acquisition of Change GPS by Access Group. This episode is kindly sponsored by Employment Hero: The All in One HR, Payroll & Benefits Platform  https://employmenthero.com/ Translucent The Multi-Entity Accounting solution  https://www.translucent.io/  In this episode - David Boyar reflects on his upbringing in his father's accounting practice and early ambitions ( he was going to be CEO of Coca Cola!) - He discusses founding an association of CFOs and lessons learned from scaling advisory work   - Boyar shares how he joined Change GPS and their aligned values (with Timothy Munro) in transforming accounting firms - Insights are provided on data analytics in accounting tech companies and marketing approaches, including wearing a suit ! - Accountants take umbrage at people who've never had an accounting practice telling them what to do. - The acquisition of Change GPS by Access Group is explained as a strategic partnership - Client experience and standardised services are highlighted as priorities for the future Contact details: L: https://www.linkedin.com/in/davidboyar/  L: https://www.linkedin.com/in/timothymunro/ W: https://changegps.com.au/ Roadshow: https://www.eventbrite.com.au/o/changegps-2988249339    Accounting Apps newsletter: http://HeatherSmithAU.COM Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind  LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/  YouTube Channel: https://www.youtube.com/ANISEConsulting  X: https://twitter.com/HeatherSmithAU

The big news is I'm rebranding the Cloud Stories podcast to the Accounting Apps podcast (fingers crossed) In this episode, I talk about . . . Summer adventures with family and Chester the Border Collie in Elanora and Crows Nest Catching up on admin backlog and office makeover Website update with recent photos and videos Rebranding Cloud Stories podcast to Accounting Apps podcast Introducing advertising to the newsletter and podcast Clarification on ACCA Global Council election results Embracing "StoryTeller" as the theme for the year Upcoming speaking engagements in Birmingham and Cairns Preview of the next episode with David Boyar, CEO of ChangeGPS Contact details: Accounting Apps newsletter: http://HeatherSmithAU.COM Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind  LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/  YouTube Channel: https://www.youtube.com/ANISEConsulting  X: https://twitter.com/HeatherSmithAU   

What a week to make worst on ground. No matter how hard you tried, some other company did it worse. Xero are pulling their much loved version 1 reports. That was a show until… KPMG got caught cheating and CA did barely anything about it. That was a show until… CAANZ took 18 months to do what little they did causing all three accounting bodies to get a please explain from the Professional Standards Authority and somehow found a way to defend their actions and blame their processes instead of any one person. Sounds like the type of unaccountable culture that could lead to….say……systemising ethical breaches. Best on Ground David Xero's Emotional Tax Return Campaign https://www.linkedin.com/posts/joseph-lyons-au_running-your-own-business-is-an-incredibly-activity-6949868389066514432-7Qly/?utm_source=linkedin_share&utm_medium=member_desktop_web   Accountants Daily new Editor Phil King is capturing the mood of the industry with tech news and industry voice Paul New Xero product - Xero go. Interesting given the current app already has a lot of the functionality.  https://www.xero.com/blog/2022/07/xero-go-for-uk-based-sole-traders/  Beta testing new tech is good for the customer.  AI in Food - https://www.afr.com/technology/pizza-giant-gets-into-maths-of-preparing-food-before-orders-arrive-20220713-p5b1g0  Worst on Ground Paul CA can't uphold the ethics of the profession  https://www.afr.com/companies/professional-services/professional-regulator-blasts-shocking-delay-in-kpmg-cheating-probe-20220718-p5b2jn  Perception that CA treat big firms better than small may not be true  CAANZ blame their processes, but what about their people? Who is actually responsible? The by-laws can't punish the right entities How important is being part of the Professional Standards Authority?  ANZ - MYOB - Suncorp - Myob https://www.arnnet.com.au/article/699933/anz-drops-myob-acquisition-talks/  David Rezza hood manages to upset accountants and bookkeepers in one overly salesy Hpost https://www.linkedin.com/posts/rezahooda_accountants-accountingandaccountants-activity-6953303419453378560-b5xX/?utm_source=linkedin_share&utm_medium=member_desktop_web  Mass Media Fear mongering on interest rates makes us dumberhttps://www.linkedin.com/posts/michaelhutchens_australias-mass-media-reporting-of-the-reserve-activity-6949950144876290049-rnjx/?utm_source=linkedin_share&utm_medium=member_desktop_web  Atlassian is so unprofitable but we worship them https://www.smartcompany.com.au/startupsmart/analysis/atlassian-unprofitable-valuation-adam-schwab/  Why VCFO Fails https://www.linkedin.com/feed/update/urn:li:activity:6947990583122513920/  VCFO association is part of the solution they spend their time trying to educate on the difference  https://vcfoassociation.com.au/    __________________________________________________ This Episode is brought to you by ChangeGPS - Growth Profit Systems making accounting client friendly (brought to you means Dave did it on ChangeGPS time).  Register for the 2022 Financial Statements + Tax Return Workpapers Masterclass Monday 1st August 2022 1:00-2:00pm AEST 2022 Financial Statements + Tax Return Workpapers Masterclass (changegps.com.au) Do you want to get your entire team to have an efficient and standardised Year End process? Invite the whole team - even your juniors! - for our 2022 Financial Statements and Tax Return Workpaper Masterclass. With a consistent “one-way for everyone” approach, your firm will be able to: work efficiently to deliver year end, the same way, for all clients  de-risk by ensuring all work is produced to an exact quality standard train your employees with a comprehensive client service system and simplified workpapers  You'll join ChangeGPS Founder, Timothy Munro, and CEO, David Boyar who will deep dive in to our most popular workpapers, utilised by thousands of accountants across Australia. Register now 2022 Financial Statements + Tax Return Workpapers Masterclass (changegps.com.au) Join us to learn: Why “one way” of doing things across your entire firm maximises your production and minimises your review time The balance your team needs to take to keep your jobs profitable without becoming an ATO auditor on every transaction! Why Excel workpapers strike the accountant's perfect balance between standardisation and flexibility Why Excel Workpapers and Xero Workpapers combine for management review perfection How to get your clients engaged in the year end process without relying on a threat from the ATO PLUS: See how your client's TAX OBLIGATIONS should be recorded at year end on their Balance Sheet and how our 2022 Tax Checklists help prompt your team to ensure this always happens!  See omnystudio.com/listener for privacy information.

The orange, and widely loved Dext (Previously Receipt Bank) has had an interesting run. Widely regarded as the best technical product for receipt automation, it's been a different couple of years for this fast paced start-up! Dext Chief Revenue Officer Alistair Newman says they're bigger, and better and have new ways to build relationships with you their customer.  But the accounting community has a lot of questions, and we are lucky to sit down and get some real answers from Al himself when he was down under in Australia last month.  In this episode we discuss the rebrand to Dext, the widely discussed pricing changes, the acquisitions and where the company is headed next.  We give a hearty Trenches congratulations to Al for this interview.  He sat there and took the direct elephant in the room questions like an absolute pro. Well done mate, as a community we really appreciate it.  ________________________________________________________________ Dext are proud sponsors of From The Trenches - Trenches Summit 2.0 Check out the Dext's Keynote at Trenches Summit 2.0   The Australian Accounting Tech Report: Solving the time/tech conundrum. A talk by David Boyar, Glenn Castle, Michael Johnson and Cassandra Scott Register Here https://summit.fromthetrenches.com.au/talks/dext-keynote/ See omnystudio.com/listener for privacy information.

5 years ago Paul Meissner stood in the door frame of David Boyar's office at the fancy co-working space WorkClub on Collins St Melbourne. It was so fancy, by co-working standards that it hard original parquet floors. Arguing about something Xero had just done Megan Velo, who seemed to do all of David's client work, suggested the two should start a podcast. Ron Lesh and BGL backed it. 5 years of tech promises, tech deliverables, delayed tech, industry body fails, and change that was sped up by a pandemic went past.  An active community desperate for a voice was developed.  Trent McLaren was appointed as CEO.  Then Linked In reminded Dave and Paul, it was their 5 year anniversary and they just so happened to be booked for a live show at the ChangeGPS Summit on the Gold Coast.  So Dave and Paul did what they've done so many times before. They hit record.    Joining the show BGL CEO Ron Lesh From the Trenches CEO and DiviPay head of accounting Trent McLaren      See omnystudio.com/listener for privacy information.

What happened? It was Orange, it was loved, now it's Dext, it's three things not one and got dealt a savage hand by pockets of the social media world.  But the strategy makes sense if you dig in to it.  Listen to David Boyar ask Paul Lodder - Product Domain Expert (and a seriously accomplished accountant), What happened to Receipt Bank? Want more?  Register for Paul's session at Trenches Summit " https://summit.fromthetrenches.com.au/talks/dext-keynote/  See omnystudio.com/listener for privacy information.

Compliance is not dead, but it's not perfect so David Boyar interviews Paul Meissner to get the state of compliance revenue. The biggest problem is how revenue is generated. Some tech companies try to solve this by assuming revenue from compliance is a dying source but no one in practice really believes it's going anywhere. In this episode David Boyar interviews Paul Meissner to find the three problems with how revenue is generated from compliance services.  It's too easy to discount Too many services are bundled into the annual fix fee Don't do the annual price increase "just because you can" Some of these points may be relevant to you, some may bolster your confidence in what you are currently doing and some, well they might make you mad.          See omnystudio.com/listener for privacy information.

In this Zoom recorded episode Trent Innes, Xero's head in Au and Asia talks about:- How Xero got their JobKeeper products in the market so quickly Why the Xero Community facebook activity has exploded Tips for managing remote teams What the future of work is Why you need to be responsible for the work/life changes you want to make after this crisis ends. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL.  

Thanks for waiting as Paul and David co-ordinated their COVID-19 responses to clients over the week. This episode was recorded Week ended 6 March, don't worry we'll get up to date next week!  BEST ON GROUND Paul Meissner Finally some practical rather than fear based information. Great Jacinda Ardern video, these infographics and a blog from Gusto’s Will Lopez.  https://www.newshub.co.nz/home/politics/2020/03/watch-health-experts-join-jacinda-ardern-to-dispel-some-coronavirus-covid-19-myths.html  https://informationisbeautiful.net/visualizations/covid-19-coronavirus-infographic-datapack/ https://www.linkedin.com/posts/wlopezjr_an-employers-guide-to-navigating-coronavirus-activity-6643188048160964608-Eg1X   David Boyar Follow Anthony Pratt on Twitter - NOW! https://www.linkedin.com/posts/anthonyjpratt_activity-6642814189863874560-ckBb/  Tips for working from home (with or without corona virus) https://www.instagram.com/p/B9hFplfAu7P/?igshid=17n629udacfu2  How do you recruit a BD role for your firm? Surely the Firms BDM needs to be an accountant.  https://www.seek.com.au/job/41134304   WORST ON GROUND Paul Meissner  IWB Marketing, is IWD becoming the new Valentines Day type of Hallmark holiday? Marketed awards and cupcakes? What about real discussions and real change where required.    In The Guardian Alexandra Topping observed IWD “is in danger of becoming little more than a corporate Valentine’s Day, with companies jumping on the bandwagon to whitewash their brands rather than promote women’s equality”. https://womensagenda.com.au/latest/the-last-thing-women-need-is-iwd-a-corporate-version-of-mothers-day/  Justin Kan’s hybrid legal software and law firm startup Atrium is shutting down today after failing to figure out how to deliver better efficiency than a traditional law firm, the CEO tells TechCrunch exclusively. The startup has now laid off all its employees, which totaled just over 100. It will return some of its $75.5 million in funding to investors, including Series B lead Andreessen Horowitz. The separate Atrium law firm will continue to operate. https://techcrunch.com/2020/03/03/atrium-shuts-down/? KPMG retakes independence exam amid cheating scandal.  All 600-odd KPMG Australia partners and more than 5900 client-facing staff will be forced to resit the consulting firm's internal independence exam amid an investigation into cheating on the annual assessment. The firm has taken the unprecedented step after a whistleblower complaint that model answers to the 20-question multiple choice exam at the end of the course were being improperly shared. https://www.afr.com/companies/professional-services/kpmg-retakes-independence-exam-amid-cheating-scandal-20200308-p547xn    David Boyar We’re having the wrong conversation about Scott Cam’s 300k pay packet. https://twitter.com/DavidBoyar/status/1237308986975760384?s=20  Can we ban banks saying they are open for business? https://www.smh.com.au/business/banking-and-finance/josh-frydenberg-meets-bank-bosses-over-coronavirus-hit-20200311-p548xj.html   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar An actual solution to app overwhelm   https://www.linkedin.com/posts/clarity-street_claritystreet-accountingbusinessexpo-guidedtour-activity-6640510264502476800-FZga  The only Coronavirus question worth asking - Can my SMSF buy toilet paper? https://twitter.com/samrotberg/status/1234951004853948416?s=20 Is corporate compliance the saviour of bookkeepers? https://twitter.com/DTramma/status/1235086009336885248?s=20 Welcome back to the fat corporate credit cards and account execs as 500 Audits jobs hit the market. https://www.afr.com/companies/professional-services/the-audit-quality-inquiry-interim-recommendations-at-a-glance-20200303-p546ez Paul Meissner BGL is Xero’s app partner of the month https://www.linkedin.com/posts/ronlesh_bgl-making-compliance-easy-in-the-cloud-activity-6640031630868217856-EayO/ Breaking free of datacenter legacy thinking Data storage on glass https://www.youtube.com/watch?v=W0ntAnqJ_7c&feature=youtu.be Three social media terms that I wish would die: 1. Storytelling 2. Authenticity  3. Thought leadership I hate them because at best they are meaningless, and at worst they are misleading. The Thought Leadership part is hilarious.  https://twitter.com/mkobach/status/1234300379107676160 UK finally allows digital signing of Trust deeds.  https://www.lawgazette.co.uk/law/electronically-signed-deeds-are-legal-lord-chancellor-confirms/5103306.article#.Xl5xGi0XAFs.twitter   WORST ON GROUND David Boyar Yikes, Deloitte gets slammed, and rightly so.  https://www.accountantsdaily.com.au/business/14092-full-federal-court-rips-into-deloitte-appeal A deeper understanding of accounting explains why movie food is such a rip off.  https://twitter.com/investing_city/status/1234908202577231872?s=20 https://twitter.com/plalor/status/1235020236878794752?s=20  Paul Meissner Corona Vivus and the mass hysteria. Media to blame. Quickbook Connect cancelled (only major Accounting cancellation (for now). F1 GP is still on. Toilet paper gate.  https://www.accountingweb.co.uk/tech/tech-pulse/quickbooks-connect-cancelled-due-to-coronavirus-fears A chartered accountant, Mr Nisbet was a senior manager at KPMG for over a decade before his most recent role as a director at BDO’s Adelaide office. Mr Nisbet said he aims to demonstrate his worth as an active tax adviser, rather than a reactive one, in his new role. “A reactive tax adviser lodges tax returns, gets defensive and careful under audit, and is able to get the job done. However, they are not necessarily the first person a client calls outside of compliance season,” Mr Nisbet said. “Aside from delivering technically accurate advice and quality thought leadership to clients, an active tax adviser knows that tax decisions are not made in a vacuum. “Tax advisers must gain their clients’ trust to offer honest appraisals, provide a ‘whole of firm’ approach to solving problems and identify opportunities outside the box.” https://www.accountantsdaily.com.au/appointments/14096-new-mid-tier-principal-calls-for-more-active-advisers Pre-insolvency industry has far too many skeletons. Sad that it happens but glad they get caught and dealt with.  https://www.accountantsdaily.com.au/business/14085-money-laundering-pre-insolvency-adviser-gets-5-years-jail   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

David Boyar https://dynamicbusiness.com.au/topics/news/senators-urged-to-pass-equity-bill-that-could-see-smes-flourish.html  Don’t reinvent the wheel with political point projects Fund national infrastructure priorities https://www.infrastructureaustralia.gov.au/sites/default/files/2020-02/current_priority_list_%20february_2020.pdf https://www.infrastructureaustralia.gov.au/sites/default/files/2020-03/2020_infrastructure_priority_list_low_resolution_-_updated.pdf  Government backed investment in start ups  Extend australian business growth fund (proposed at 500m) Paul Meissner Expand the capital allowance regime to include stock in limited circumstances. Timing difference so budget neutral but could really help some businesses recover and survive.   Increase the availability of lending, bank guarantee type stuff. Get the cash flowing Certainly not politically motivated cash handouts. Cost too much for limited gain. Smart tax cuts. Tax cuts only work if you have made money. Loss carry back rules would specifically target businesses with a profit history that have faced a downturn.    About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar Accounting Business Expo has made major changes to the lineup   https://www.terrapinn.com/exhibition/accounting-business-expo/The-Plenary.stm You are competing on user experience only https://www.linkedin.com/feed/update/urn:li:activity:6635430455967612928/ The importance of compliance professionals  https://www.eurekareport.com.au/investment-news/the-importance-of-compliance-professionals/146747?mkt_tok=eyJpIjoiTXpJM09EQXpOR0V3T0dNMSIsInQiOiI0QVpSUzNcL1F5SDk2MTZ4QnUzbmFtdUdVcjI1ZHVyVzI0bmc5azlSQUtqbUJENVFhaGJUcWVKZ1wvOHJuWERiMjVNaFpwNml2M1QyVVRJWjNZYzZHWlYzVkowNUxzVk5YeWRzdEJ6UDBhN0k3OXNuSnUrZmNoRGkzMkxCeEtXa0hrIn0%3D How to pick a visualisation chart  Which Chart Should I Use   Paul Meissner Xero Boss Report 2020. Very interesting growth figures per business size. Small and micro growing, bigger contracting.   Xero Boss Insights 2020 report  Xero release automatic activity statements https://central.xero.com/s/article/Automatic-activity-statements#XeroTax Overpayment of wages are common Overpayment as common as 'wage theft'  S&P/ASX All Technology Index - commencing in Q1, 2020. The S&P/ASX All Technology Index (XTX) is designed to be a broader, more inclusive index than the existing S&P/ASX 200 Information Technology Index.  This reflects the broad range of ASX-listed companies in the technology sector. Further details about the Index methodology will be released upon Index launch. But is Xero the most overvalued stock on the ASX. https://www.livewiremarkets.com/wires/will-we-crash-and-what-to-sell?utm_source=Livewire&utm_medium=twitter&utm_campaign=Will%20we%20crash    WORST ON GROUND David Boyar The FBT guide for employers is 277 pages. If compliance is dead, business owners are stuffed  ttps://www.ato.gov.au/law/view/document?docid=SAV/FBTGEMP/00001&PiT=20200129000001 Killing pre-advisory before it gets off the ground   Paul Meissner Celeste Barber was warned about choice of firefighter fund  Buy now, pay later companies are completely unregulated and it's leaving Australians vulnerable, Splitit CEO Brad Paterson argues    About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

In this special episode David interviews Malcolm Stewart from MJS Business & Financial Services. Malcolm met David at the Perth Xero Roadshow and asked to be on the podcast. Turns out we’re in the business of making dreams come true.  In this episode you will learn: The best, safest investment strategy Managing through the wealth industry revenue model changes Managing a practice through the mining boom, and after it! Malcolm’s favorite tech change (My Prosperity integrating with X Plan) Why older accountants struggle with the physicality of the FASEA exams  Old school targeted marketing. A paper solution to a digital problem.  www.sendhandwritten.com.au About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar The IPA reckon play is a flashback to the glory days of quickbooks re entering the market, but with a genuine CPD benefit  https://email.publicaccountants.org.au/v/54796/32838338/email.html?k=qVWxTtVmHbh-BjRjW1DRerTjS2nWTWtv0cF5ROg5K38  How good and easy to read is this excel summary.  https://www.linkedin.com/posts/lotfi-garzoun_the-definitive-100-most-useful-excel-tips-activity-6635135119499816960-_7Wh/    Paul Meissner Definition of advisory? a great article by Elaine Clark, where she restates her love of compliance and says: “I guess the only fault about compliance accountants is that, generally, they do not shout about how good they are at what they do and the services that they provide. They just do it!” Yet the so-called ‘twittersphere’ and ‘blogosphere’ are full of all sorts telling us that compliance is dead and we can only exist as an advisory practice. This statement alone shows exactly how little they know about what we do and how we do it. It shows their ignorance of the work of thousands of accountants across the UK who work tirelessly and with great professionalism and ability. They are already advisory practices, but just happen to be advisory practices that don’t use the software or systems that they are trying to sell us. Accountancy practices already are Advisory practices  AI Data bias https://www.weforum.org/agenda/2019/09/men-women-books?   WORST ON GROUND David Boyar When someone says you should read more they’re ignoring everything that makes you you  https://twitter.com/PropellerAdv/status/1227757368563208192   Accountants don’t understand their own influence, even if it’s just on twitter.  https://twitter.com/investing_city/status/1228137010776305665   Paul Meissner Brutal Valentines day breakup message. :-) https://twitter.com/ato_gov_au/status/1228132839889096704?s=20  Trent Mclaren’s re posted bubble in a bubble Xero Roadshow data shows people find community  Facebook Groups Xero live events Linked In  https://www.linkedin.com/pulse/weve-created-accounting-bubble-now-were-all-trapped-inside-mclaren   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar What if we think about change as a way to reduce our own redundancy risk? https://generationcfo.com/2020/02/11/automation- redundancy-risk-is-fake-news-heres-why-part-two/ PI Women in accounting The best summary of the receipt app race right now. https://www.accountingweb.com/technology/accounting-software-news/come-place-your-bets-in-the-data-capture-casino#.XkHk7qjSHsU.linkedin Another accountant trials a 4 day work week - what are the unexpected benefits of this. https://blog.connacc.nz/the-four-day-working-week-a-trial-for-connected-accountants/ Paul Meissner XLOOKUP in Excel. Hallelujah!!!  https://www.cbronline.com/news/xlookup-excel  AFR claim the court got it wrong, I say they got it right. Bulks up an argument for main residence test. I’d rather 100% tax free than 50%.  https://www.afr.com/policy/tax-and-super/the-wrong-call-small-business-hit-by-cgt-concession-ruling-20200206-p53ygd    WORST ON GROUND David Boyar QR codes aren't new and dont work.  https://www.linkedin.com/posts/stevenleaney_business-cards-are-something-that-havent-activity-6632503913545297920-jRsO/  Offshoring will not - repeat will NOT reduce jobs https://theoutsourcedaccountant.com/blog/does-outsourcing-cost-local-jobs/ Paul Meissner $8m in tax avoidance out of PKF. Big firm, interesting the lack of oversight. The charges include knowingly lodging nine false income tax returns on behalf of the client and concealing, destroying and knowingly providing forged evidence in response to a Tax Office audit.  https://www.afr.com/wealth/tax/tax-partner-accused-of-evading-8m-for-client-20200211-p53zpw  How to damage staff morale. Partners get free breakfast while staff are told to drink less milk.  https://www.afr.com/rear-window/kpmg-partners-exclusive-breakfast-service-20200210-p53zek  David’s demo skills   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

For this final episode, David Boyar focuses on something that makes Chartered Accountants stand together: community. Chartered Accountants’ work plays out in a similar fashion, and they can share experiences with each other because they know a fellow CA will understand. David is going to explore where your community is and how to be a part of it. Joining him is Lee Whitney, the Group Executive of Account Management and Strategic Planning of Chartered Accountant Australia and New Zealand. We'll then hear the story of Lance Rubin, a South African immigrant who used his CA to find his place in his new home, Australia, and to overcome his own conflict between getting value as a CA and finding his community. We hope you’ll enjoy this last episode of the series. CREDITS Guests: Lee Whitney, Group Executive of Account Management and Strategic Planning, Chartered Accountant Australia and New Zealand Lance Rubin, Partner, The Outperformer             Host: David Boyar, Founder and MD at Sequel CFO Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

Paul Meissner Advice to my younger self Comes from: https://twitter.com/AliciaLMoreau/status/1206751875686469633?s=20 Try anything (audit, reception, advisory or compliance) Extra 1hr per day makes a big impact, especially technical reading or asking why  Make the right decision with the right information Don't be outcome focused, just be your best Client communication - personal interaction, not all online Output focused, not time focused (timesheet issue) David Boyar Fun work is still work  Keep Stumbling  Call out for help (mental help episode)  Network is only worth what you give to people. Keep giving  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND Paul Meissner Lodgement dates automatically extended till May. Aligns with other dates. Smart and practical. https://www.ato.gov.au/Media-centre/Media-releases/ATO-extends-tax-relief-and-assistance-for-people-impacted-by-bushfires/  Trent Mclaren tweeted this interesting review of robot restaurants failing. Including a reference to Zume, the pizza bot we had on the show before. Reminds me of the factory automation research that showed co-bots being the most efficient https://www.businessinsider.com.au/san-francisco-robot-restaurants-failing-eatsa-cafex-2020-1  From tax commissioner to PM, the Russian experiment https://twitter.com/7newssydney/status/1217519639460106240?s=21  David Boyar Labor dumps the Franking Credit Policy  - accountants should view it as a win https://www.theaustralian.com.au/nation/politics/labor-vows-not-to-take-the-same-franking-credits-policy-to-the-next-election/news-story/50eb8466897ba6a8cdf74dcc2e7f6d30   Disappointing that something as positive as grants and loans (with 2 years interest free and .6% interest) are given a negative spin https://www.smartcompany.com.au/business-advice/politics/morrison-bushfire-small-business/  Remember Emma Tibbils? Here’s how a high performing young CA asses her employment options. https://www.linkedin.com/posts/emma-tibballs-3805b8a6_ideas-career-impacts-activity-6613522602877169664-dAOt    About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

Accounting predictions for marketers are what the budget summary email is for accountants. Everyone rushes to get theirs out first and they almost all the same. Predictions are the new content fodder to grab your attention at the start of year and whilst we dislike content for contents sake we have a few things to say about what’s going to be important in 2020. So here are our predictions to help you know what to focus on, and what to ignore. Paul Some add ons will fold/run out of money Compliance holds as 80% of revenue for the majority of small firms Professional bodies have a chance to return to relevance. Catalyst success to continue The Joint accounting bodies unite together to fight for the return of the accountants exemption.  Conferences change forever (end of Accountech?, last chance for ABE) The amount of business coaches for Accountants will peek out as the market gets sick of them   David . Governance for accounting businesses will increase as more advisory work is done (all types of advisory), some firms are already struggling with PI. The accounting bodies to work closer with members Decade old ideas go mainstream Moving to cloud Cloud documentation Automation and efficiency focus (more than new service lines) People give up on value pricing as being too hard The cutting edge firms will worry less about tech and more about client and staff experience   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

In this episode David Boyar discusses what a future firm could look like, focusing on three elements: How do you come up with a new business model? How do we price our firms? And: How do we attract and retain staff? David speaks to accountants doing things differently. Listen to find out more. CREDITS Guests: Jason Andrew CA, Co-Founder, SBO Financial Mike Atkinson FCA, Director, Bellingham Wallace Felicity Hill CA, Director, Greenlion Ltd Luke Kemeys CA, Director, nextAdvisory                   Host: David Boyar, Founder and MD at Sequel CFO   Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

G'day! Welcome back to season 4! Best on Ground The ATO shows off its data strength with Bushfire support - Automated lodgement deferrals by postcode. Software can’t do that.  Receipt Bank raises $73m to dislodge everything we thought about the Xero/Hubdoc move of 2019 (so last year).   https://www.receipt-bank.com/blog/receipt-bank-raises-73m-in-series-c-round/  Check out these tools for accountants to help with bushfire victims  IPA: https://www.publicaccountant.com.au/news/ipa-offers-support-to-bushfire-victims  CA: https://www.charteredaccountantsanz.com/news-and-analysis/news/australian-bushfires-support-resources-for-you-your-clients-and-communities  CPA: https://www.cpaaustralia.com.au/professional-resources/business-management/business-recovery/disaster-recovery-toolkit  Indinero founder calls out Intuit for over hyping AI and ML  https://futurefirm.co/indinero-the-accounting-firm-of-the-future/  Worst on Ground Accountants without significant new training are not business advisers but this message comes from someone who has been advocating the opposite for years.  https://www.accountantsdaily.com.au/business/13895-accountants-cautioned-on-advisory-jump David can’t work out if this comment is a joke or not but it highlights the tech challenge the average firm is struggling with.”Our organisation does not have access to a smart phone so can I go back to lodging paper returns?” https://www.accountantsdaily.com.au/technology/13731-ato-details-mygovid-implementation-roadmap#!/ccomment-comment=8264 What's your social media obligation when posting old content? About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant.

This episode is focused on tech transformation. David Boyar talks to Alan Fitzgerald about how tech transformation is pretty simply everyone getting access to high level technology that previously, none of the big firms got to play with. We're going to learn about the foundational changes that have led to what an automated firm can do before hearing from Trent Innes from Xero and Caroline Wright from MYOB. But it's Australia’s Commissioner of Tax, Chris Jordan, who gives the greatest reason why we should adopt technology. Listen to find out more. CREDITS Guests: Alan Fitzgerald, Strategic Advisor, Taxlab Trent Innes, Managing Director, Xero Caroline Wright, Head of Product, MYOB Chris Jordan, Australian Commissioner of Taxation Host: David Boyar, Founder and MD at Sequel CFO Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

This episode features accountants from small firms to big, rural to urban, and young to experienced. It's broken up to focus on tech automation, as well as its benefits, and some tips on how to make the change to this new way of working, from people who've done it. At the start of the show, David Boyar talks to Shaye Thyer from BDO Drive who phrases the problem: We need more time! He then asks Adam Ramage from Morrows Group that, if this was true, whether tech solved the problem. CREDITS Guests: Shaye Thyer, Director, BDO Drive Adam Ramage, Principal, Biz Tech at Morrows Pty Ltd Rebecca Mihalic, Director, businessDepot Michelle Griffith, Partner, Investment Advisory & Wealth John Stewart, Managing Director, KPI Consulting Mike Atkinson FCA, Director, Bellingham Wallace Sonia Gibson, Founder & Director, Accounting Heart Host: David Boyar, Founder and MD at Sequel CFO Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

In this episode David Boyar talks RegTech, regulation technology. And we're fortunate to hear from Chris Jordan, the Australian Commissioner for Taxation, about his tips for the future, the tech focus of the ATO and why tech changes results in tax agents expecting more from regulators, and the knock-on effect for your clients. David also speaks about new RegTech, like e-invoicing, and is joined by Milan Cooper from First AML and Anthony Quinn from Arctic Intelligence to talk about the impact anti-money laundering procedures have had on New Zealand firms and to get a glimpse of what Aussie practitioners can look forward to in the future. We’ll kick off the conversation with Ron Lesh, the Founder and CEO of BGL Corporate Solutions, a company that's been producing RegTech for 30 years, to have a look at how far RegTech has come. So what’s RegTech all about and how will it impact us in the future? Listen to find out... CREDITS Guests: Chris Jordan, Australian Commissioner for Taxation Milan Cooper, Managing Director First AML Anthony Quinn, Founder at Arctic Intelligence and Co-Founder at AML Accelerate Ron Lesh, Founder and CEO of BGL Corporate Solutions Host: David Boyar, Founder and MD at Sequel CFO   Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

Welcome to Shaping the Practice of Tomorrow, the 9-part podcast series, powered by CA Catalyst, designed to help our members in practice take full advantage of the digital disruptive opportunities sweeping the accounting profession. In this episode David Boyar talks to Rick Ellis, the CEO of Chartered Accountants Australia and New Zealand, before exploring global trends with Cindy Lenferna de la Motte, an expert in the future of work. Finally, David sits down with Emma Tibballs, a CA student representative on campus, to find out what future leaders want from the practices of the future. What are their thoughts on the future of work and accounting? Listen to find out.. CREDITS Guests:  Rick Ellis, CEO Chartered Accountants Australia and New Zealand Cindy Lenferna de la Motte, Future of Work Expert Emma Tibballs, CA Student Representative Host: David Boyar, Founder and MD at Sequel CFO   Disclaimer: This publication is intended to provide general information and is not intended to provide or substitute legal or professional advice. This publication has been prepared so that is current as at the date of writing. You should be aware that such information can rapidly become out of date. You should not act, or refrain from acting, or rely on any statement, view or opinion expressed in this publication. You should make and rely on your own inquiries in making any decisions or giving any advice. No warranty is given as to the correctness of the information contained in this publication, or of its suitability for use by you. To the fullest extent permitted by law, Chartered Accountants Australia and New Zealand (CA ANZ) is not liable for any statement or opinion, or for any error or omission contained in this publication and disclaims all warranties with regard to the information contained in it, including, without limitation, all implied warranties of merchantability and fitness for a particular purpose. CA ANZ is not liable for any direct, indirect, special or consequential losses or damages of any kind, or loss of profit, loss or corruption of data, business interruption or indirect costs, arising out of or in connection with the use of this publication or the information contained in it, whether such loss or damage arises in contract, negligence, tort, under statute, or otherwise.

Best on Ground Optus Fined for Scare Tactics The ACCC said in a statement that Optus had emailed a total of 138,988 of its mobile customers on 24 May 2018, claiming that their home broadband services would soon be disconnected, and urged them to “make the switch, before it’s too late” to Optus NBN broadband. The real kicker, according to the competition watchdog, was that these customers’ home internet services were not even provided by Optus, but rather its competitors. https://www.mybusiness.com.au/marketing/6454-optus-fined-6-4m-for-misleading-nbn-claims Are some business advisory services just too risky?    There are roughly 100 accredited business valuation experts in the CA community, and they're struggling to get PI https://www.facebook.com/groups/977122739056681/permalink/2189420644493545/ Nandos rolls out in restaurant ordering app but Paul saw this on the Greek Islands last year. Is tech that slow?    https://www.thebusinessconversation.com.au/2019/11/15/nando%E2%80%99s-table-ordering-technology-revolutionises-fast-casual-dining/1573788749 The Outsourced Accountant tackles a common offshoring question "how do I protect data?" in a simple info graphic in their private client facebook group (pic on the website) You can now feel free to use you bad grammar  Apostrophe warrior gives up fight, saying ‘ignorance and laziness’ has won  Apostrophe Protection Society has closed Here is the ultimate guide: https://www.apostrophe.org.uk/page2.html https://www.news.com.au/lifestyle/real-life/news-life/apostrophe-warrior-gives-up-fight/news-story/04b0858fcec41e6ea4477046d0fa8f09 Worst on Ground Regulating the wild west just got knocked back a rung.  7.30 Report missed an opportunity to have an important discussion about the wild west of non bank lenders by using a hard luck, Aussie battler story instead.  https://www.abc.net.au/7.30/the-wild-west-of-shadow-banking/11748144 The next wework collapse was for a $300m dog walking business (we can't make this stuff up) https://edition.cnn.com/2019/09/27/tech/wag-dog-walking-softbank/index.html The Tesla Cyber Truck launch has created 250,000 orders, each with a refundable $100 deposit. Does that qualify as a sale in marketing language? What about accounting standards?   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar https://twitter.com/Rich_Preece/status/1199164672370450434  https://www.youtube.com/watch?v=gl4lzz3uhkI&=&feature=youtu.be Chad Davis at IFAC   Paul Meissner London Xerocon - printed coffee cups and cricket pitch.  Blockchain is Dead? Crypto Geeks Debate Merits of Once Dear Tech https://www.bloomberg.com/news/articles/2019-11-12/blockchain-is-dead-crypto-geeks-debate-merits-of-once-dear-tech    WORST ON GROUND David Boyar https://www.theaustralian.com.au/commentary/editorials/westpacs-systemic-failure-opens-door-to-criminals/news-story/d022ddd339400bcdbe35ccda4b24c457 David accepted 100 Linked in connections at once. 20 automated responses, 1 real conversation.    Paul Meissner https://www.cpapracticeadvisor.com/firm-management/news/12083988/8-good-reasons-why-every-accounting-firm-should-survey-their-clients CRM Fail from a cold caller. 2nd call in a month. Same telephone number.    About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND Paul Meissner Have we hit peak crazy for Venture Capital. Will we learn from WeWork? https://www.smartcompany.com.au/startupsmart/op-ed/venture-capital-slow-down/ Congratulations to Xero on hitting 2mil subscribers. https://www.smh.com.au/business/small-business/a-big-milestone-xero-hits-two-million-subscribers-revenue-jumps-20191107-p5387t.html Another amazing company breakdown. This time Ryan takes a look at McDonalds. Do McDonalds profit from burgers or property?https://twitter.com/investing_city/status/1192200769652396032?s=21   Worst on Ground Findex CEO in trouble over the changes to CGT. Never a good look for the head of an accounting firm to have incorrect tax returns.  https://www.afr.com/companies/professional-services/findex-ceo-fights-ato-over-tax-on-capital-gains-20190815-p52hfv Apparently Advisory is the path to growth for accounting firms. Based on the AFR top 100 list, it’s the hidden growth from acquisition that could be the key.  https://www.afr.com/companies/professional-services/advisory-the-path-to-growth-for-accounting-firms-20191111-p539cg?&utm_source=facebook&utm_medium=social&utm_campaign=nc&eid=socialn:fac-14omn0053-optim-nnn:nonpaid-25/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_facebook How do you raise money for drought relief? If your Findex apparently you do it by wasting water.  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar Lawyers don’t have the same relationship with clients Accountants do but this new subscription model could change that https://legalvision.com.au/news/legalvision-launches-legal-advice-subscription-for-149-month/  CA Catalyst SOLD OUT Data Analytics Workshop proved to me that just because an app has a lot of xero connections, doesn’t mean it’s right for you. https://www.linkedin.com/feed/update/urn:li:activity:6593297938557038592/?commentUrn=urn%3Ali%3Acomment%3A(ugcPost%3A6593297898438529024%2C6593433855431151616)  Leadership taken seriously by Hood Sweeney https://www.linkedin.com/posts/hood-sweeney_hoodsweeney-southaustralia-professionalservices-activity-6594443066617266176-oTft  Paul Meissner https://www.nytimes.com/2019/10/24/us/nuclear-weapons-floppy-disks.html?smtyp=cur&smid=tw-nytimes https://www.9news.com.au/national/tax-return-ato-deadline-lodging-how-do-i-file-when-mygov-excuses-australian-news/0a6b12c5-abcd-4d92-804b-6c3594a686f2?ocid=Social-9News https://www.grammarcheck.net/clutter/ https://twitter.com/mfriedrichark/status/1188869007601881095?s=21 ATO winning the 2019 AMY Awards for their Online Services for agents Campaign   WORST ON GROUND David Boyar The 30 under 30 recognises young talent, but do they need more entitlement?  How can we manage their expectations? https://www.accountantsdaily.com.au/30u30/ Wayne Schmidt's email stuff up: “Hi >”   https://twitter.com/wayne_schmidt/status/1186505290843217920?s=20 Paul Meissner ASIC Factsheet re SMSF’s is something a lobbyist would write. Overblown cost to run and return % numbers. Bordering on advice. Great BGL response.   Rockpool Underpayment of workers: https://www.abc.net.au/news/2019-10-25/rockpool-dining-group-accused-of-tampering-timesheets-by-union/11638380   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar The power of Paul Meissner who is a finalist in the Xero awards for Cloud Champion. https://twitter.com/storminwalker/status/1179811595570036736?s=20 Congratulations Paul https://www.xero.com/au/events/xero-awards/  Customer Focused Fine Print for Financial products. https://www.smartcompany.com.au/finance/fintech-asic-financial-services/  Paul Meissner Sage buys Autoentry. https://www.sage.com/investors/investor-downloads/press-releases/2019/09/27/sage-announces-acquisition-of-autoentry/ Hubdoc to Xero, AutoEntry to Sage, what’s next... Costco is a fascinating business. You know all those groceries you buy?  Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees. https://twitter.com/investing_city/status/1179974257779982336?s=21 PwC Is Spending A Massive $3 Billion To Upskill Its Employees. Number of employees 250,930 (2018) https://pulse2.com/pwc-3-billion-upskill-employees/   WORST ON GROUND David Boyar Paris Financial channels Donald Trump in a post that  tells people “You gotta ditch your current accountant. Seriously!” https://www.linkedin.com/posts/ugcPost-6575255094957350912-ucvT The gig economy is not the future, data proves it  https://hbr.org/2018/10/myths-of-the-gig-economy-corrected https://oversharing.substack.com/p/everything-we-thought-we-knew-about-the-gig-economy-is-wrong  Paris Financial channels Donald Trump in a post that  tells people “You gotta ditch your current accountant. Paul Meissner Brazen attempt to extort money: https://www-publicaccountant-com-au.cdn.ampproject.org/c/s/www.publicaccountant.com.au/news/scammers-posing-as-federal-officers-try-to-extort-money-from-taxpayers/amp   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Paul Meissner Unable to switch off.  5 out of offices in 10 years.  Being able to work remotely gives a false sense of being able to do it effectively.  Remote working is often glorified as beaches, etc. I needs to be the same work intensity just a different location.  Family holidays and the challenge.  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND David Boyar RSM adopts Greatsoft, a huge blow to MYOB and a huge win for a new entrant  https://www.accountantsdaily.com.au/technology/13638-xero-scores-biggest-migration-with-mid-tier-deal  FYI DOCS Customer sentiment feature  Paul Meissner If this isn’t a window in to releasing software. Flashy, promises a lot, released prematurely and ultimately the key features needed aren’t connected yet.  https://metro.co.uk/2019/10/04/police-robot-told-woman-go-away-tried-report-crime-sang-song-10864648/ https://www.accountingtoday.com/opinion/beyond-the-hype-how-ai-is-being-used-by-accountants-today So the record wasn’t actually a record. Good marketing hype though: https://www.google.com/amp/s/amp.theatlantic.com/amp/article/599974/   WORST ON GROUND David Boyar Greed is back, the excuses for Latitude Financials failed IPO don’t make any sense when put up against the market. https://www.smh.com.au/business/companies/the-crucial-mistake-ahmed-fahour-may-have-made-in-latitude-s-failed-ipo-20191016-p53166.html Paul Meissner https://www.news.com.au/finance/work/careers/i-clearly-caught-you-man-busted-trying-to-cheat-in-bizarre-skype-job-interview/news-story/2abe3da11f64614e22dc703bb60b5223 Worst job title ever. “At the inflection point of change” https://www.linkedin.com/in/ntamm   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

  Summary on intellectual Vices http://eprints.lse.ac.uk/65080/1/7%20Intellectual%20Vice%20and%20Self-awareness.pdf   Interview with Quassim Cassam  https://podcasts.google.com/?feed=aHR0cHM6Ly9yc3MuYXJ0MTkuY29tL3NlYW4tY2Fycm9sbHMtbWluZHNjYXBl&episode=Z2lkOi8vYXJ0MTktZXBpc29kZS1sb2NhdG9yL1YwL1dXQVowOUFKQ1hmVWhkVjUtV01md1JhWTd0SGxhQXZsbjF0aU1fLVdPREk&hl=en-AU&ep=6&at=1570074349310   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND Paul Meissner Apple’s core values are a very interesting read. Do you have core values? https://www.facebook.com/180048600476/posts/10157563033890477?sfns=mo Accountkit - amazing software. Actually made me go “Wow”. Haven’t had that reaction for a long time. https://www.account-kit.com/  David Boyar Hands down the simplest explanation of a balance sheet I have ever heard  Income statement https://www.linkedin.com/posts/marksamowitz_accounting-finance-accountingmadeeasy-activity-6574588862612459520-zRYy  Balance Sheet  https://www.linkedin.com/posts/marksamowitz_accounting-finance-accountingmadeeasy-activity-6577802576362778624-J-sA  How do blind people see numbers? https://edition.cnn.com/2019/10/01/us/uno-braille-trnd/index.html  WORST ON GROUND Paul Meissner CA and CPA article re crisis of costs for financial advisors. Didn’t listen and pushed all members to get registered: https://twitter.com/paulmeissner_/status/1179183332510167040?s=21 CBA survey with 37 responses should never have been published due to the laughable sample size. Like marketing sending out the report with their pre-determined slant, before the actual results are in.  Part 2 was a sales person from a reporting software using it as confirmation bias. Desperate in my book.  https://www.9news.com.au/world/tesla-electric-police-car-runs-out-of-power-during-pursuit-us-news/94269854-6526-4972-8aba-e889a31665da?ocid=Social-9NewsP David Boyar What is the #1 reporting app in the Xero ecosystem? https://twitter.com/spotlightrep/status/1174814379805741056?s=19 WeWork backs out of IPO and slashed valuation.  http://nymag.com/intelligencer/2019/10/marketing-expert-scott-galloway-on-wework-and-adam-neumann.html   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Paul Meissner Recurring invoicing payments Mental Health (was it too much?) Addons - email sharing stories again, no follow up, too soon. David Boyar Start Up alley - some came to Xerocon too soon Partner story mini stages - ‘Xero’s got it’s soul back’ Trenches event - Our best yet. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

BEST ON GROUND Paul Meissner Nagging clients have a point, why not listen to them? https://www.accountingweb.co.uk/practice/general-practice/are-nagging-clients-really-that-unreasonable Cheaper debt for being sustainable. David sees strait through this. https://www.commbank.com.au/business/latest/sustainable-finance.html   David Boyar Tax Managers are the most in demand and highest paid jobs in the USA https://www.marketwatch.com/story/the-no-1-job-in-america-with-the-best-career-opportunities-pays-112000-a-year-and-its-not-in-tech-2019-08-14 How does a global tech giant collect cash money? https://www.marketwatch.com/story/uber-customers-paid-more-than-6-billion-in-cash-last-year-and-accounting-for-it-isnt-easy-2019-08-16 How to show the value of a tax break https://twitter.com/nick_a_marie/status/1168520374423678982?s=19   Gig workers are becoming more like employees in this state. https://www.nytimes.com/2019/09/15/upshot/gig-economy-limits-labor-market-uber-california.html   WORST ON GROUND Paul Meissner Advisors as sales people..not a good idea. https://www.afr.com/companies/financial-services/developers-offer-advisers-90-000-to-flog-high-rise-apartments-20190813-p52gk1 The accountants exemption is on its way back. Kind of.  https://www.accountantsdaily.com.au/business/13522-return-of-accountants-exemption-hits-a-snag Agile has its place in small firms. https://www.afr.com/work-and-careers/management/agile-working-revolution-or-fad-20180413-h0yqwr   David Boyar How does EY not pay super on time? https://www.afr.com/companies/professional-services/ey-faces-fines-after-falling-behind-on-superannuation-payments-20190815-p52hde Sales automation looks good but, does it create leads? https://www.facebook.com/groups/theentrepreneurialaccountants/permalink/518545622063643/  Congratulations to our friends at Practice Ignition on raising $26m. Bigger celebration when we celebrate profitability though! https://www.xero.com/blog/2019/09/xero-app-partner-practice-ignition-lands-a26-million-tech-investment/   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Paul sits with Xero Founder Rod Drury. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Paul Demo’s not lectures. I don’t want to hear your views on timesheets, how I bill my clients, etc. I want to see the product and what it does.  Practice your pitch(s). “It does everything” - NO, “it’s for every client” - NO. What’s the problem it solves, how does it solve it and what do the results look like. Pick 3  You don’t need to show everything the system does. People won’t remember the lot, so just impress them with 1-2 big things. Find the problem it solves for the person/people you are addressing. Are they new to cloud, established, etc.  Swag - useful not plastic David Ask me about my business first and change your pitch depending on the answer If you aren’t experienced, don’t try to close Try to start a relationship, accountants are slow buyers About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

You should go to Xerocon. Paul Meissner 6 reasons to get to Xerocon Networking Addons all in 1 place Partner stage (content done practically) David Boyar Refine your vision  Re energise yourself Benchmark yourself About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Best on Ground Nature vs nurture. The goal of parenting is often a nurturing, equality method, but in a family business context or performance based rewards, there is often a clash. Jon Kenfield has some great content.  https://www.linkedin.com/posts/jonkenfield_familybusiness-business-conflict-ugcPost-6565414094575415296-F3hA Why do accountants rely on their feelings when giving advice? Because they’re wimps. https://www.entrepreneur.com/article/337496 Hot desking, love it or hate it. We discuss if the people who dislike it are just disappointed they cannot hide in an office playing solitaire?https://www.afr.com/work-and-careers/workplace/the-hidden-hell-of-hot-desking-is-much-worse-than-you-think-20190729-p52bom BGL are demo-ing new tech at RegTech and the crowd are loving it. No wonder they're AFR’s 5th most innovative company https://twitter.com/BGLdot/status/1159613260317904896?s=20 Large cultural shift is happening at ANZ bank where staff bonuses are being removed. Bonuses often drive selfish behaviour were highlighted in the Hayne review. This is the first sign of fundamental changes. https://www.afr.com/companies/financial-services/anz-dumps-bonuses-for-performance-dividend-20190805-p52e2z We way thank you and farewell to MYOB CEO Tim Reed. https://www.accountantsdaily.com.au/appointments/13373-myob-ceo-tim-reed-steps-down Worst on Ground Hotshot entrepreneur racks up over $3.6m in debts. With social media, how people promote themselves can belie their true performance.  https://www.theaustralian.com.au/nation/clients-burnt-by-airbnb-hotshot-callum-forbes/news-story/9d5340d5691c17fa5dcdabe579ec70f0 The Westpac account opening saga continues with excellent customer service. Uber posts a $7.7b loss as revenue growth stalls. If not for UberEats, growth would be negative. https://www.smh.com.au/business/companies/uber-shares-dive-as-it-posts-7-7-billion-loss-20190809-p52ff2.html Is it a scam? The it’s hard for the ATO to communicate whilst telling us not to trust every bit of correspondence saying it’s from the ATO. https://twitter.com/DavidBoyar/status/1159608567961272320  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Best on Ground Congratulations to our friends at Judo bank on their new capital raise pumping more $$ into the business lending space https://www.afr.com/companies/financial-services/judo-bank-raises-400m-in-second-round-equity-raise-20190726-p52b4t If you have to ask your accountant about the assesability or deductability of something, you probably already know the answer. https://twitter.com/cbriancpa/status/1154775607470886914?s=20  Awesome VR use of the moon landing https://time.com/longform/apollo-11-moon-landing-immersive-experience/  The accounting profession v the accounting industry. https://www.linkedin.com/feed/update/urn:li:activity:6558622154890588160/  Deliveroo finds a tax and super planning solution for their drivers https://www.itwire.com/strategy/deliveroo-partners-with-solo-smart-in-tax-arrangement-for-delivery-riders.html Worst on Ground Would you give your staff 12 weeks life leave? https://matadornetwork.com/read/australian-company-paid-life-leave/amp/ Social selling accounting ledger subscriptions? https://twitter.com/QuickBooks/status/1151957060923351055?s=20   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Listen to David as he interviews Ben Thomson, the Founder and CEO of Employment Hero, as they discuss about how they raised $22 million and how they are on a mission to reduce the number of wage scandals. The cover: Why we are partnering with Employment Hero. What they are going to spend their $22 million on. The journey to becoming a hero in payroll scandals and how to become a great employer. Taking on the mental health of the members and how Employment Hero help with this. From making mistakes to running a tech business and how Ben built a massive company. The fundamental source of the big scandals. Finally, Ben talks about how they provide value to their clients. Head to www.employmenthero.com/ftt to find out how they can help your clients. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

On the back of a tweet from a self confessed (USA) thought Leader who is just flogging software. Paul asked, “Should small businesses start with a review of the tech available or start with their own processes and how to improve it which might include software?” David Use swimlanes to map processes I use asana for my processes, for example we have a month end system for a client that covers what checks need to be done on automated data dumps, how to check manual journal calcs, what info we need from different people and asana is system used to CONTROL the process Balance what you need with what tech can do. Paul 3 tips for the Process vs Systems dilema: Technology Must Start with Streamlined Processes Solve a Problem. Don’t Just use a New System Process Mapping For more check out Freedom Mentoring About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Best on Ground This Excel feature is amazing. Take a photo and upload it straight top Excel.  https://support.office.com/en-us/article/insert-data-from-picture-3c1bb58d-2c59-4bc0-b04a-a671a6868fd7 ABS has an app. For those stats nerds out there, this is awesome. Has key economic indicators and also 2016 Census info on postcodes, etc. You can also customise your own Key Indicators.  https://twitter.com/ABSStats/status/1153514839249170433?s=20 A linked in profile description that makes the complex simple. https://www.linkedin.com/in/arfitzgerald/ After years of banks spinning their performance to us ANZ’s brilliant new add shows the spin small business owners use to appear successful.  https://twitter.com/ANZ_AU/status/1131340918810976256 Worst on Ground BREAKING | National Australia Bank was today forced to admit an embarrassing breach of 13,000 customers’ personal data, including contact details and driver’s licence numbers .  https://www.theaustralian.com.au/business/financial-services/national-australia-bank-admits-to-data-breach-13000-customers-affected/news-story/d690644976567e6f645022c5ebabd114 ACCC’s 23 recommendations to take on the large digital businesses. Could get ugly. Interesting take on journalism suffering.  https://www.accc.gov.au/media-release/holistic-dynamic-reforms-needed-to-address-dominance-of-digital-platforms David had to open a bank account and it took 45 minutes. Should it? Hear the story in this weeks episode. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

This week, Paul and David explore the concept of the Hybrid Professional, as outlined in this TEDx talk by Sarabeth Berk, and its application to the accounting profession. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Best on Ground ABS Getting in to the social media swing with social engagement on the Rugby State of Origin: https://www.linkedin.com/feed/update/urn:li:activity:6554599885642010625 Lot’s of taxpayers lodging early. Anyone advising to hold off on claiming a refund should be an advisor. Never delay a refund, cash is king. ATO are very clear that future tax legislation will amend the return.   https://www.accountantsdaily.com.au/tax-compliance/13258-lodgments-spike-by-88-per-cent-as-taxpayers-ignore-advice  Tech is lying to you if it says it creates insights. Tech doesn't, you do. https://twitter.com/Paul_BarnesACCA/status/1149017223928963072?s=19 Can accounting solve issues in Indigenous communities?  https://twitter.com/IndigenousIAA/status/1147759367288045568?s=19 Can you save money buying a jet instead of flying Qantas? For the staff perk, who cares! https://www.linkedin.com/feed/update/urn:li:ugcPost:6555566884006227968/  Paul’s BGL webinar on the Modern Compliance Advisory Firm. Massive turnout. Over 500 registrations. Compliance is certainly not dead. Worst on Ground ATO Changing definition of Taxi: @Uber says it's disappointed with the outcome, but is working with @ato_gov_au to address the "inconsistency" in the law whereby Uber is the same as a taxi when it comes to having to pay GST, but not when it comes to getting FBT exemption https://www.abc.net.au/news/2019-07-08/no-tax-breaks-for-employers-using-uber/11283184 Hilarious satire on business books https://www.smartcompany.com.au/people-human-resources/professional-development/business-self-help-books-fck-off/ Records fall as this tweet packs more jargon from a motivational speaker than the avge sales email to an accountant https://twitter.com/GrantCardone/status/1149830800717877248?s=19 About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Listen to David and Paul as they interview Joseph Healy from Judo Bank, LIVE at the SOFY Party, as they discuss about the banking industry, the economy and Judo Bank. The cover: Bank controversies and where banks have missed out the needs of the small and medium sized businesses How major banks are so focused on their profit maximisation and have made a huge mistake when they lost sight of their social license.  The uniqueness of Judo Bank where the major banks have fallen off One of Joseph's major regrets in agreeing to outsource financial analysis to India at NAB where it dropped banks costs to 30% but also reduced the quality as well. Judo Bank's first actual operating day and how they compete with the big major banks. Finally, Joseph responds to some crowd queries regarding the banking industry. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.

Best on Ground Get clients who rave about you like Gabi Leibowitz. Post 200m sale https://www.linkedin.com/feed/update/urn:li:activity:6550704110189010944/ Fan fashion Paul’s webinar with BGL. The Modern Compliance firm: https://www.bglcorp.com/event/the-modern-compliance-advisory-firm/ If H&R Block can go paperless, why can’t you https://www.accountantsdaily.com.au/business/13227-h-r-block-cuts-out-paper-ahead-of-tax-time-2019  Worst on Ground Accountants boasting about revenue. The economy Labour party changing the name of a tax bill is the height of pettiness. https://www.linkedin.com/feed/update/urn:li:activity:6551990734134882304 In Depth: David and Paul reflect on their 2018 resolutions and share their predictions for the year to come.  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant. 

This week, Emma Tibbals, joins Paul and David for a hearty conversation on freedom and what that means. Emma is currently studying her Bachelor of Commerce, majoring in Accounting at Monash University and a Student Representative for CAANZ. Hear an emerging accountant's views on gender diversity, what freedom means and the threat posed by STEM jobs. Best on Ground Great practical content for small business Vanessa Bamford: http://www.vbbusiness.com.au/work-smarter-not-harder-calculating-break-even-point/ Great breakdown comparing the 3 Accounting professional bodies by Amanda Loves to Audit - https://youtu.be/6Qg39Zo6sZk Workflow automation explained – top 5 tips from the experts - https://www.charteredaccountantsanz.com/about-us/ca-catalyst/insights-and-guides/workflow-automation-explained-top-5-tips-from-the-experts Accounting Web SWAG review https://twitter.com/AWebTom/status/1124319489611456513   Worst on Ground CAANZ Vote - https://www.linkedin.com/pulse/chartered-accountants-australia-new-zealand-member-vote-con-abbott Do you need to be qualified: https://twitter.com/brettnealcpa/status/1119602270138585088?s=21 More Franchising issues: https://www.theage.com.au/business/workplace/bubble-bursts-for-tea-chain-giant-chatime-over-underpayment-20190424-p51gt0.html?btis Super ‘’Battle of the Sexes’’ clickbaits https://www.superguide.com.au/comparing-super-funds/gender-gap-super-boards-large-funds-perform-poorly Indepth: Freedom - with special guest, Emma Tibbals About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Paul sat down with Ron Lesh from BGL to cut through the noise surrounding the election.  They cover: Bill Shorten's accountants rort comments Franking Credits Negative gearing Capitals Gains What should the industry do? About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Best on Ground Cocky tax startups - https://www.linkedin.com/pulse/think-your-2018-tax-season-tough-check-out-visors-attempt-david-leary Vale Henry Bloch (H&R Block founder) - https://amp.usatoday.com/amp/3555032002 When important messages can’t get heard https://twitter.com/horizonaccount/status/1116306674178879489?s=19 What the marketers got wrong https://generationcfo.com/2019/04/17/automation-redundancy-is-fake-news-heres-why-part-one/   Worst on Ground Someone who wants to be Federal Treasurer caught miscalculating franking credits: https://twitter.com/paulmeissner_/status/1119169867209306112?s=21 Pilot bookkeeping raises $40m. Why? If it’s a tech play, they are building Receipt Bank again and playing catch up with others. If it’s a services play, then anyone raising for services businesses is an idiot. https://techcrunch.com/2019/04/18/index-ventures-stripe-back-bookkeeping-service-pilot-with-40m/amp/ Will tech really overtake this firm and what have we seen in the past that might indicate the future: https://futurefirm.co/will-accounting-tech-startups-overtake-your-firm/   I’ll never get tired of weird deductions https://www.accountantsdaily.com.au/tax-compliance/12889-tax-agent-claims-family-pet-as-guard-dog-gets-booted-by-tpb   Indepth: How to fix conferences (and what’s wrong with them) About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

This week, Paul sat down with Robyn Jacobson, Senior Tax Trainer at Tax Banter, FCA, FCPA, CTA, tax agent, blogger and podcast host at Tax Yak. She's also involved in advocacy and sits on a number of committees. The chat about: How training has changed with new technologies Why face to face training hasn't replaced How to apply legislative changes to real life business cases Using the structure of policy development to your advantage Top 6 tips for micro firms to keep up with the changes in tax About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Best on Ground Bold News from MYOB on Payments Advisory - https://www.myob.com/au/blog/bold-strategy-payments-accounting-business-expo/  Life as a Xero Community Manager - https://cloudaccountant.today/2019/03/29/life-as-a-xero-community-manager/   Great discussions happening between accountants and Judo Capital at the Water Cooler Lunch Series Worst on Ground Are your small business clients ready for STP? 1 in 10 say no: https://www.accountantsdaily.com.au/tax-compliance/12841-netflix-but-not-stp-1-in-10-small-biz-stp-ready Out of the US, Congress is considering a bipartisan bill that would make it illegal for the IRS to offer free electronic tax filing - https://www.bloomberg.com/news/videos/2019-04-16/congress-considers-free-online-tax-filing-ban-video Bill Shorten's comments regarding 'accountants tax rort', CAANZ nailed the response: https://www.charteredaccountantsanz.com/news-and-analysis/media-centre/press-releases/chartered-accountants-set-record-straight-after-opposition-leaders-abc-interview  Indepth: Three outcomes we want to see from the upcoming election We lay out our wish list for the upcoming election for the accounting space, whether there is a change in government or not.  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Accountants have a seat in the boardrooms of Australia's most powerful companies, and they're a huge chunk of, and a trusted adviser to, the SME community. As a profession, accountants are among the most influential in the country. At a time when accountants and tax are an election issue, it's more important than ever to have your voice heard. Both the Prime Minister and the Opposition Leader are locking horns over the deductibility of tax agent's fees. Without both sides of government correctly understanding the nature of what accountants do, detrimental policy could get over the line. How do you have your say? Sequel CFO founder and managing director David Boyar - a thought leader finalist in this year's Australian Accounting Awards - and editor of Accountants Daily Katarina Taurian talk through how you can influence the future of your profession.

Best on Ground Patti & Scott Scharf - Great catch up. Amazing how small the world of accounting is and how the conversations about advisory, technology, pricing, etc are far different to a lot of the general conversations out there, especially by salespeople. Compliance is far from dead in the USA: Sales Tax https://www.avataxrates.com/ Reading is good for your brain, listening about reading isn’t as much https://twitter.com/damonayoung/status/1114797728502935552?s=19 Sustainable Growth Vs Scaling = Great to see a big tech company having a realistic conversation https://quickbooks.intuit.com/r/uncategorized/why-its-time-to-stop-thinking-about-scaling/amp/?__twitter_impression=true RBXxchange - the explosive bookkeeper v accountant conversation that ended in a very productive chat with ATT Director Cassandra Scott.   Worst on Ground Fathom's response to Goal Seek Analysis: https://support.fathomhq.com/using-the-analysis-tools/goalseek-analysis Accountants Daily article on the IGT report: https://www.accountantsdaily.com.au/business/12875-igt-heralds-accountants-business-model-change More awareness of flexible work conditions done badly. https://www.theage.com.au/lifestyle/life-and-relationships/a-full-time-role-in-part-time-hours-the-truth-about-flexible-work-20190405-p51b88.html Indepth: Being Present - The victim of the work from anywhere culture Work life balance used to be about the amount of time you spent at work. But with more and more people not really having an ‘’at work’’ mode or place, work is kind of everywhere all the time. This puts pressure on being present. Now Australia overall doesn't have it that bad, according to the OECD better life index, we rank 30/38 countries for working "very long hours" (50 or more) with just 13.8% of us doing so and the trend is down .2% since 2005. What impact does this have on: you, your family, staff and clients? This was an issue raised in an earlier FTT episode where we were joined by both Paul and David's FCA fathers - how does this new generation deal with being 'aways on'? About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Paul sat with Angus Capel, Xero Small Business Advocate and former adviser to Federal Small Business Ministers, Michael McCormack and Craig Laundy, to get an inside look at how the Federal Budget gets put together.  They talk about: what was the thinking behind moving the small business definition from $2m to $10m thoughts on the 2019 budget the process of how a small business initiative gets in to the budget how does the budget play out in terms of an upcoming election what does the budget look like if we end up with a minority government About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

A Budget piece outside the budget news cycle? How dare we! But that is just the point of accountants. We care about the budget even when it doesn't give us clicks.  With David and Paul sitting on the Xero budget panel and live tweeting the event of the year (we believe that) this show is non stop action. Best On Ground  A well balanced piece on how to get ready for the future of work https://www.forbes.com/sites/jeffthomson/2018/09/26/automation-organizational-readiness-and-the-need-for-new-skills/amp/?__twitter_impression=true Worst on Ground Hubdoc and Fathom produced a ''you have to do advisory'' article that missed the mark by so much, they edited it after Paul politely brought it to their attention on Twitter.  http://go.hubdoc.com/hubfs/Road-to-Advisory/Pre-Advisory-Checklist-Hubdoc-Fathom.pdf  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Water Cooler Lunch Series Request your seat to join David and Judo at one of our Melbourne lunches and learn about expanding your network of professionals to include CFO advisers (yes, Sequel CFO works with accountants) and new bank lenders.    Interview with Joseph Healy With so much attention on the banking sector both David and Paul are sure that new entrants are going to have an impact. One such entrant is Judo Capital who is going to be able to compete at similar debt pricing to traditional SME lending banks.  David tracked down Judo Capital's co-founder and joint CEO Joseph Healy for a wide ranging interview.  The highlight of course, is his envy that bankers don't have the trusted relationship us accountants have with clients. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL.   

This week, David is coming straight to you from Accounting Business Expo. He's joined by the biggest and brightest leaders propelling our industry forward for an epic panel discussion. We are joined by: Andrew Van De Beek - 2018 Thought Leader of the Year Lielette Calleja - 2017 Au Firm of the Future Winner and AAT Director Heather Smith - Literally wrote the book on Xero, Cloud App master mentor and cloud newsletter author Steph Hinds - One of the first 100% cloud accountants who rivals Paul Meissner for strait talking  Ron Lesh - The founder of BGL, the tech company who has survived more change than most (and shares amazing insight as an exhibitor at ABE)  And a special cameo appearance by Sam Rotberg - a recent social media superstar (listen to find out more) NOTE: Paul couldn't get to Accounting Business Expo but don't worry, he comes up often in this episode!   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Best on Ground  Philadelphia bans cashless stores  Anthony Pratt's best on social media Qantas CEO, Alan Joyce, responds to 10 year old boy's handwritten letter  Young kids starting businesses Resurrecting the Dead Horse Theory Worst on Ground  Shoes of Prey went in to liquidation - when you listen to your customer, but your customer doesn't actually know what they want. Australia's Super funds legacy systems run on spare parts from eBay, 1950s programs 'Overnight success is a farce': Aussie founder sells startup last valued at $25.4m to American Express The battle for work/life balance is lost. The war for device/non-device balance has just begun.  Kmart employees forced to join industry super fund Select Committee into Fair Dinkum Power Challenger bank, Countingup, launches invoicing from their smartphone app Indepth: You don't HAVE to do advisory. Something grinds our gears. And that something is:    Generic conversations about accountants having to do advisory, from people who've never done it.    It comes from this idea that because advanced use of technology means that it takes a lower amount of time to do traditional compliance work. It stems from a line Xero used to tout, 'Compliance is dead, you have to do advisory'.    What's wrong with the way advisory is being spoken about?   About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Because business is more than growth hacking, marketing and startup up buzzwords we have The Financial Mentor with David Boyar. Lifting the lid on business. In The Wrap this week, we find out how Ticketek have restructured their company, what the Fyre Festival debacle has to do with your business and some time management inspiration from the professionals Futurist, Keran McKezie, talks us through why tech is dead. Dom Pym, co-founder at Up Banking, takes us through The Pitch.See omnystudio.com/listener for privacy information.

Because business is more than growth hacking, marketing and startup up buzzwords we have The Financial Mentor with David Boyar. Lifting the lid on business. In this revamped show we sit down with Futurist Keran Mckenzie to find out why the voice technology shown off at CES matters in the real world, David mentors you through the Gilette re-brand fiasco and proves why your business has nothing in common with them or their marketing and with Afterpay jumping from success to success David asks, is it actually good for us? The pitch this week comes from NZ startup https://aider.ai/ who wants to be your next rockstar employee. But perhaps the best part of the show is saved till last, David tracks down the CFO of failed super growth business Appster to find out why it failed. See omnystudio.com/listener for privacy information.

We speak with David Boyer who is the founder and Chief Executive Officer of Sequel CFO. Enthusiastic podcast devotees may recognise David as one of the two presenters in the "From the Trenches" podcast - a lively, entertaining and very informative bugle on the Australian accounting profession. David is a self described "Proud CA" & has worked in public practice, banking, IT and consulting. These days David focuses his attention on the external CFO area exclusively, in some interesting ways, as we hear on the podcast. RESOURCES & LINKS MENTIONED From The Trenches Podcast www.fromthetrenches.com.au Contact details for David Boyar david@sequelvcfo.com.au www.sequelvcfo.com.au Contact details for Scott Charlton scott@slipstreamcoaching.com.au www.slipstreamcoaching.com.au Virtual CFO Association www.vcfoassociation.com.au

On this XY Live on Facebook Live session, we have Adrian Patty and Ben Nash to talk to David Boyer from Sequal CFO and the From the Trenches podcast. In 2014, he established Sequel CFO subsequent to seeing an excessive number of SME organizations neglect to increase financial control and perceivability from their internal accounting function. He'll be explaining how to engage for a profitable relationship with accountants, explore the challenges, find opportunities and share insights and tips on how to go about it.