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On this week's episode of Accountants Daily Insider, host Katarina Taurian is joined by the deputy editor of SMSF Adviser Sarah Kendall to discuss the current issues and challenges the SMSF space is faced with. Sarah and Katarina discuss the ATO's decision to look into diversification for SMSF's, the discussion around physical signatures versus electronic for documentation and the importance of broader estate planning.
This week's episode of Accountants Daily Insider sees host Katarina Taurian joined by Scottish Pacific chief executive Peter Langham, and Cohen & Krass director Tony Cohen to discuss why the new Business Funding Guide is useful for the accounting profession. Mr Langham explains why the Business Funding Guide was developed in conjunction with the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) and why it is such an important tool amid the credit crunch. Mr Cohen also talks on why the guide is so useful for his graduates and why the accounting education landscape has to change to accommodate the changing needs of small business clients.
On this week’s episode of Accountants Daily Insider, host Katarina Taurian is joined by the honourable Bruce Billson, former minster for small business, to talk all things financing in the SME space. Bruce discusses the critical issues facing SMEs when trying to obtain funding, what life is really like for SMEs on a daily basis, and what needs to happen at a government level for changes to kick in. He also shares why some Australians are turning back to traditional forms of lending.
CEO of Licensing for accountants Kath Bowler joins host Katarina Taurian on this week’s episode of Accountants Daily insider to discuss all things FASEA and what it means for the financial advice space. Kath shares what steps accountants need to take to ensure they are able to continue to provide financial advice, reactions from industry professionals around the changes and her top 5 tips for nailing the implementation of the changes.
This week on Accountants Daily insider Katarina Taurian is joined by Matthew Pisarski from Intuit QuickBooks to discuss change management and why it is so important for firms to be able to adapt to new technologies. In the accounting world technologies are forever evolving Matthew shares key themes in change management the importance of having a plan in place and how he tackles people who aren’t as receptive the new technologies as others. They also discuss what is in the pipeline for intuit and technology in the accounting space.
On this week's episode of The Smart Property Investment Show, Katarina Taurian takes over for host Phil Tarrant to speak to property managers Cameron Black and Simon Peisley from Certainty Property to discuss the current property landscape facing investors. Cameron and Simon take a look at the current vacancy conditions facing the Sydney market, how buying in the city doesn't guarantee low vacancy rates, and what sort of property types are likely to be sitting vacant for the longest. They also discuss the current economic environment, what the banks are looking at in the wake of the royal commission, and why every investor should be paying close attention to the US China trade war. As an added bonus, Cameron and Simon also give their take on Sydney's next blue-chip property for the next generation. If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
Self-proclaimed hype girl for accounting apps and thought leadership finalist at this year’s Australian Accounting awards Heather Smith joins host Katarina Taurian on this week’s episode of Accountants daily insider. Heather shares her definition of thought leadership, why she lives by the saying “my practice lives in my handbag” and change for the next generation coming through the ranks. The pair also discuss the image of the accounting profession, why it is no longer appealing to students and the quality and relevance of what is being taught in schools and tertiary environments.
Katarina Taurian takes over for host Phil Tarrant on this week’s episode of the Smart Property Investment Show where investor Anna Porter reveals her top tips to buying off the plan properties. Anna shares what to look out for when approaching new and off the plan developments, the possible risks involved, why it’s so important to ensure that you have a plan B and the importance of seeking legal advice before entering any sort of building contract. She reveals what to look for when viewing properties, the common misconceptions around off the plan purchases and what you should be looking for when it comes to investing. If you like this episode, show your support by rating us or leaving a review on iTunes(The Smart Property Investment Show) and by following Smart Property Investment on social media:Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, emaileditor@smartpropertyinvestment.com.aufor more insights!
This week on the Smart Property Investment Show, Katarina Taurian takes over for host Phil Tarrant to talk to property investor Max Pagnin to discuss his portfolio. Max shares why he has chosen to go down the road of rent-vesting, how he drives and measures success in his portfolio and the role the banks tightening up their lending played in his decision making for his portfolio. Max also reveals why he believes treating your tenants well is important, where he will and won’t invest, his overall end goal and other avenues her invests in other than property. If you like this episode, show your support by rating us or leaving a review on iTunes(The Smart Property Investment Show) and by following Smart Property Investment on social media:Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, emaileditor@smartpropertyinvestment.com.aufor more insights!
In this episode of Killer Media Sales, Momentum Media head of editorial Katarina Taurian, joins host Alex Whitlock to reveal her top tips for sales teams working in collaboration with journalists. The pair discuss the need for open lines of communication and why each understanding their role in the sales process is paramount to strong working relationships. Katarina reveals the importance of those initial conversations to ensure you are working towards the same end goal, and shares the pitfalls to be weary of when setting expectations.
Founder and director of Hot Toast Sarah Lawrence has had a varied career. A love of storytelling saw her involved in everything from documentary making to children's television, and only a few months ago, Sarah was on stage accepting an award for CFO of the year at the Australian Accounting Awards. In this episode of Accountants Daily Insider, Sarah joins host Katarina Taurian to reflect on this journey, explain how a mentor made her fall in love with the financial sector and unpack the role of a CFO. She also discusses the birth of the "Hot Toast" brand, the type of clientele that she is working with and why not every potential client makes the cut.
This week Katarina Taurian takes over for host Phil Tarrant to talk to property investor Julian Lancey to discuss how he deals with obstacles when it comes to his investment properties. Julian shares the details of his portfolio and why he chooses to be on the strata committee of most of them, the benefits to fixing things before they break and what is next for him. He also reveals his big plans to get more money out of his current investments, why property is the best source of income and how its is ticking all his boxes. If you like this episode, show your support by rating us or leaving a review on iTunes(The Smart Property Investment Show) and by following Smart Property Investment on social media:Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, emaileditor@smartpropertyinvestment.com.aufor more insights!
Public practitioner of the year Teddy Kosasih partner at Pitt Martin, joins host Katarina Taurian on this week’s episode of Accountants Daily Insider to talk about what made him take the public practice path. Teddy reflects on taking out the practitioner of the year award at the Australian accounting awards, his thoughts on what makes a good practitioner, how he hires for public practice, the skill sets he looks for to be able to tap into different markets, and how he started his own practice.
In this week’s episode of The Accountants Daily Insider host, Katarina Taurian is joined by Amanda Gascoigne, to talk about how she shifted her career as an accountant to coach and mentor small and solo accounting practices. Amanda shares her accounting journey and how she has gotten to where she is today, she talks about being awarded a Fellowship of Charted Accountants ANZ in recognition of her outstanding contribution to the accounting profession and she shares her secrets on how she encourages accountants to see their potential.
Grant Quick, Senior Solutions Engineer at Intuit QuickBooks, joins host Katarina Taurian in this episode of the Accountants Daily Insider to talk all things Single Touch Payroll (STP) compliance, what it means after June 30 and what is on the horizon for FY20. Grant reveals the key dates around STP compliance, how business will be affected, and his thoughts on how STP will streamline processes. The pair also talk about what is next from a tech prospective and why businesses need to embrace changes to become more efficient.
Chris Balalovski partner, Business Services at BDO Australia, joins host Katarina Taurian in this episode of Accountants Daily Insider to discuss key dates for end of financial year and why accountants are moving away from bread and butter accounting work into advisory. Chris reveals why accountants need to be diversifying their practices to cope with changes, considerations for property investors and the weirdest requests clients have attempted to claim.
Jonathan Tefal, director and senior accountant from Senior Advisory, joins host Katarina Taurian in this episode of Accounts Daily Insider to reveal how they are tackling the evolution of technology within the accounting sector, and to reflect on recently taking out the award for Boutique Firm of the Year at the Australian Accounting Awards. Jonathan reveals how they endeavour to continually set their firm apart from the rest, what's next for Senior Advisory, and his thoughts on creating the perfect balance between technology and human touch.
Property investor Matt Sharp describes breaking into the property investment game at 18 as “the best thing he ever did”. In this episode, Matt shares how he and his wife’s budgeting strategies have enabled them to live their dream of traveling while also helping them secure a comfortable retirement. In this episode of the Smart Property Investment Show, Matt explains to host Katarina Taurian how he got over his fear of diversifying his property portfolio and how he gained the confidence to delve into the realm of buying unseen property. Matt also reveals his tips on how to identify a distressed sale and negotiating the price guide of a property. If you like this episode, show your support by rating us or leaving a review on iTunes(The Smart Property Investment Show) and by following Smart Property Investment on social media:Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, emaileditor@smartpropertyinvestment.com.aufor more insights!
In this episode of Accountants Daily Insider, finalist in the Thought Leader of the Year category at the recent Australian Accounting Awards, Edward Chan, joins host Katarina Taurian to discuss his career in accounting and reveal how he ended up running an accounting firm "almost by accident". Edward will discuss how setting up an accounting firm in a time when computers were just making their way into the industry differs from setting one up in the current technology climate, share his thoughts on what makes a strong leader, and how he is giving back to the sector through means of mentoring and coaching.
With the 1 July Single Touch Payroll deadline looming, Lielette Calleja, director at All That Counts, joins host Katarina Taurian in this episode of Accountants Daily Insider to reveal what she wished she had known when starting the planning process with her clients, and to discuss the exceptions for microbusiness. Lielette will reveal how she has approached an internal audit to best prepare herself for the changes, why she thinks it will be a learning curve for all involved parties, and will share a word of advice for those yet to start the process.
In this episode of Accountants Daily Insider, host Katarina Taurian is joined by a colleague and editor of both Momentum Media's suite of wealth titles James Mitchell to discuss their thoughts on the federal election campaign and outcome. James will reveal the sentiment on the ground within the financial advice community, why he believes the campaign did not convey clear messaging. He will also address how unexplained reform may have impacted the election outcome.
In this special episode of Accountants Daily Insider, host Katarina Taurian is joined by a colleague and editor of both Mortgage Business and The Adviser publications to reflect on the result of the federal election, with Scott Morrison holding his position as Prime Minister. They will reveal how outcomes of polls across their platforms for mortgage brokers and accountants always showed a clear swing in favour of the Liberal Party, begging the question: are accountants and small businesses a better barometer than traditional polling?
In this episode of Accountants Daily Insider, host Katarina Taurian is joined by STP program lead at the Australian Taxation Office, John Shepherd, and director and founder of All That Counts, Lielette Callleja, to discuss the small business uptake of STP in light of the forthcoming July 1 deadline. Busting common STP myths surrounding business portals and myGov accounts, they unpack the employee benefits and capabilities that the myGov platform offers and discuss the opportunities that STP provides small business. Finally they address the special provisions for those without the supporting infrastructure to implement STP, and discuss the ATO app, which is now complete with voice activation.
In this episode of Accountants Daily Insider, journalist for both Lawyers Weekly and Wellness Daily Jerome Doraisamy joins host Katarina Taurian to discuss how professional service firms' failure to accurately measure levels of staff productivity is impacting both their bottom lines and the efficiency of their staff. Jerome will reveal why this issue is often unaddressed, taking into account community stigma surrounding mental health and wellness, why measuring the issue is the first step in managing it, and how companies can take that first step to create an environment where staff feel empowered to take individual responsibility for themselves and their work output.
It has been almost a year since the notifiable data breaches legislation came into effect, and in this time the ATO has been working on introducing various new security measures, many of which will impact accountants. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by Jamie Beresford, CEO of Practice Protect, and Ron Lesh, managing director at BGL, to discuss the impact of these changes on individuals within the sector and also the role of the accounting firm in managing the passwords and security of their practices and staff. They will discuss a potential future shift away from password authentication, the different "levels" of passwords that people tend to use in different circumstances, and whether further education is needed in the field of cybersecurity.
Away from the hype of cash splashing and tax cuts, there were some proposals in this year's federal budgets which will be welcome news to accountants and their clients. Our head of editorial Katarina Taurian is joined by the Institute of Public Accountants' Tony Greco to run through the headline changes impacting tax practitioners, including how accountants "can be heroes at tax time" by taking note of some key income tax changes.
With the federal election drawing closer there are a number of proposed issues which could impact those within the accounting sector. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by Geoff Stein, partner at Brown Wright Stein Lawyers to unpack these potential changes and discuss some which have been recently announced. Geoff will take an in-depth look at the proposal to cap the deductibility of accountant fees and some of the issues that it will likely cause, and further discuss trust structures following the announcement surrounding trust income interest rates.
Having previously joined the Accountants Daily Insider podcast to discuss his studies, Michael Johnson now joins host Katarina Taurian having recently completed the chartered accountant program. Michael will discuss his drive to seek a designation and unpack his thoughts on how it can set an accountant apart in the crowded new graduate space. He will also talk about how he thinks the designation will help his career path, the parts of his education that were most beneficial as well as the gaps in his learnings that education providers should look into placing more focus on.
With the recommendations of the banking royal commission set to heavily impact the broking sector, many other industries are wondering how the changes will affect them. The accounting sector is one such area which will be sure to see an overflow effect. In this episode of the Accountants Daily Insider Podcast, Momentum Media director and founder of The Adviser – one of the leading publications for mortgage brokers in Australia – Alex Whitlock joins host Katarina Taurian to share his thoughts around the recommendations, why changes to the broking industry is worrying for accounting and whether the recommendations are likely to go ahead.
With the Institute of Public Accountants calling on the government to target its reforms to boosting productivity in the workforce, director of hammerjack, Nick Hastings joins host Katarina Taurian in this episode of Accountants Daily Insider to explore what productivity pain points accountants talk to him about, and how service providers are responding. Nick and Katarina will chat through the experiences of firms who choose to take on an outsourcing partner, including how unknowingly subscribing to cultural stereotypes has been a barrier to firms looking for scale.
In this episode of Accountants Daily Insider, director and founder of All That Counts, Lielette Calleja joins host Katarina Taurian to share her thoughts on the different experiences that women face within the accounting and business sector. Lielette will discuss her time founding All That Counts, her position as director at AAT and her involvement in a new start-up this year, and address her expectations on consolidation between the bookkeeping and accounting sectors in the year ahead. In light of the tightened lending economy, Lielette will also talk about how she and her husband recently struggled to obtain finance, and her advice for sorting finance applications for clients in the current market.
In this episode of Accountants Daily Insider, HLB Mann Judd partner Peter Bembrick joins host Katarina Taurian to unpack why, in the lead up to the election, a focus is being placed on foreign residency tax law. Peter will explain the benefits of being a non-resident for tax purposes, yet also reflect on the traps that people can fall into as a result. He will explain what can trigger a “red flag” and raise ATO scrutiny for your clients, and discuss your responsibility to those who may be “playing with fire”. Peter will also reveal the areas where people tend to make mistakes and the implications that these mistakes can have for anyone who has an investment property in Australia or other non-property-based investments.
In this episode of the Smart Property Investment Show, host Russell Stephenson is joined by Katarina Taurian, who shares how her investment journey has been since her first property purchase in 2016. In light of the recent coverage surrounding the structural concerns of the Opal Tower in Sydney, Katarina shares why structural integrity was top of her list when purchasing her first property, even revealing that she would take a tool kit with her to property inspections. Katrina explains what build quality means to her, the surprising belief that she regularly encountered when dealing with conveyancers and reveals where she sought the information that helped her to make an educated property purchase. She also reveals her plans for her portfolio going forward, why even as a property owner she is glad that property prices are softening, and why she believes pricing rental in your investments shouldn't necessarily meet what the market value suggests. If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights!
In the final episode of Accountants Daily Insider for 2018, host Katarina Taurian is joined by Terry Braithwaite to reflect upon the top 5 themes which resonated with the Accountants Daily audience across 2018. They will discuss the huge growth and engagement of the brand, reveal how you can have your say on what they are covering, and give some insight into what can be expected from Accountants Daily heading into 2019.
In this episode of Accountants Daily Insider, Greg Hayes, the chairman of both Knowledge Shop and Hayes Knight joins host Katarina Taurian, to share his thoughts surrounding education within the accounting sector. Backed by more than 30 years of experience within the accounting industry, Greg will discuss how technology has impacted change for those new to the business, and share his expectations for new graduates within the sector. With pending education changes on the horizon for those offering financial advice, Greg will address why he sees this as an opportunity to better the industry and shares if he has seen an uptake for education by professionals as a result
The government’s proposal to introduce a three-year audit cycle for some SMSFs has received extensive criticism from key professional bodies within the accounting industry, with many unable to see any benefit to the proposal and instead identifying potential for a growth in compliance breaches. On this episode of Accountants Daily Insider, host Katarina Taurian is joined by executive general manager of technical services at ASF Audits, Shelley Banton, who will discuss her thoughts on the proposed changes, and the likelihood of the policy going ahead. They will discuss the issues that will arise as a result of the changes, how it could lead to privacy risks for SMSF clients, and if there is any evidence that the proposal will actually help the integrity of the accounting sector.
Relationships in the workplace have been under the spotlight in 2018, fuelled by the prevalence of the Me Too and Time’s Up movements and even Malcolm Turnbull’s infamous ‘Bonk Ban’. On this episode of Accountants Daily Insider, host Katarina Taurian is joined by colleague Jerome Doraisamy, journalist on both Lawyers Weekly and Wellness Daily to discuss why the issue has seen such scrutiny throughout the year and how these issues will likely look moving into 2019. They will discuss the difficult issue of workplace relationships and the rights of both the involved parties and the employer, how management can approach the subject with employees and when it would be appropriate to do so.
Earlier this year, Labor floated a plan to cut cash refunds for franking credits. The policy has been met with considerable backlash in the accounting community, and a federal government inquiry is now underway to investigate the real-world impact. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by Member for Goldstein Tim Wilson who is leading this inquiry. Tim will share why he believes the policy will fail to deliver the desired outcome, the huge financial impact that it could have on retirees, and whether there are suggestions that this will lead to diversification of assets for many as a means of minimising the overall impact on their pocket. Tim will unpack how they plan to report on the inquiry, what will likely occur as a result of their findings, and how individuals can have their say on the proposal and get their thoughts and concerns heard.
In this episode of the IFA Show, host Katarina Taurian is joined by John Guadagnuolo, investment manager from Antares Equities, to discuss how shifts in global demographic trends can impact the profitability of various investment opportunities. John will share an insight into some of the changes taking place in the current climate, the next opportunities that he believes fund managers and investors can capitalise on, and how Antares Equities assesses the opportunities and risks of a particular investment. www.ifa.com.au
The SMSF sector has seen significant change in the past 5 years but, as Katarina Taurian explains, next year is set to see further major shake-ups. In this episode of Accountants Daily Insider, Katarina is joined by Terry Braithwaite to unpack her concerns surrounding government and regulatory “tinkering” that accountants should educate themselves on and how these changes could impact them going forward. With ASIC facing mounting pressure to produce results, Katarina shares why smaller operations may be the most at risk and what to expect for those attending the upcoming SMSF summit.
With one-third of Australians involved in a passion project and one in ten successfully running that passion as a side hustle the start-up space in Australia has seen a boom in recent years. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by My Accounts' Noel Tiufino to discuss how, with so many new start-ups emerging, many fail to consider the issue of compliance. Noel will unpack where he sees clients go wrong when creating a start-up, the importance of building a business plan and a budget which have synergies between them and how he has seen the start-up space change during his 11 years in the industry.
The IPA small business white paper recently announced findings that their members believed that payroll tax was disincentivising growth within their businesses, however Treasury findings seem to suggest that not to be the case. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by Momentum Media’s management accountant Michael Johnson, who will share which side of the argument he believes to be correct. He will unpack how businesses that he has been involved with feel towards payroll tax and the concerns that he has heard from business owners surrounding the issue. Michael will also discuss the introduction of single touch payroll and the process of its implementation within Momentum Media.
On this episode of The Lawyers Weekly Show, Jerome Doraisamy is joined by two of his colleagues at Lawyers Weekly's parent company, Momentum Media: head of editorial and editor of Accountants Daily and SMSF Adviser, Katarina Taurian, and editor of mortgage broking title, The Adviser, Annie Kane. In this episode, Jerome, Ms Taurian and Ms Kane discuss the prevalence of psychological distress, anxiety, depression and other related ailments in the legal, accounting, SMSF and mortgage broking spaces, the similarities across these professional services realms, and what can be done by the respective industry bodies and individuals within them to address said issues. www.lawyersweekly.com.au
Reckon and the Institute of Public Accountants recently announced a partnership to produce IPA Books + In this episode of Accountants Daily Insider, chief executive of IPA Andrew Conway and chief executive of Reckon Sam Allert join host Katarina Taurian to discuss this partnership and the drivers behind it. They will unpack what will be available to IPA members as a result of this deal, how regular feedback will shape the future of the platform going forward and Andrew will share why the association chose this path for its member base. They will also share plans regarding the future of the partnership, development plans and how training and support to IPA members will be provided to help them best utilise the platform.
Single Touch Payroll is one of the biggest reporting changes for the tax profession in years. In this episode of Accountants Daily Insider, host Katarina Taurian is joined by STP program lead at the Australian Taxation Office John Shepherd, who runs through how the first STP deadline fared for employers and the ATO alike. John also reveals some good news for accountants and bookkeepers about reporting requirement changes, and what small business can expect for their July 2019 deadline. Spoiler alert: there’s flexibility for microbusiness on the horizon. This episode is proudly bought to you by Attaché Software
With Westpac recently increasing their interest rate independent of the RBA whose rates have remained unchanged it is likely that some business owners may be feeling the strain. In this episode of Accountants Daily Insider host Katarina Taurian is joined by Momentum Media's Alex Whitlock who unpacks which businesses in his opinion should be concerned about rate rises and how he and his business partner have managed to keep their business debt free - at times even having to pay employee salaries out of their own pockets. Alex will share how their accountant has been pivotal in shaping and developing their business since its conception and discuss the pain points that they have faced along the way.
In this episode of Accountants Daily Insider Momentum Media’s Alex Whitlock joins host Katarina Taurian to unpack the idea of a psychological bubble that he believes exists surrounding the Australian economy, and to share his thoughts on how the current property market ties into this concept. Katarina will address the normalisation of extensive mortgages in Australia comparative to other parts of the world and the pair will discuss how money can be made when buying property rather than when selling it. Alex will also analyse the economic conditions that have both helped and hindered his business development during his time in Australia and share his thoughts on the Australian workforce as a whole.
Anxiety, depression and other mental health conditions are beginning to get the prominence they deserve in public debate. Professional services, accounting included, is a particular hot spot for stress given the long hours and deadline driven world accountants exist in. Join editor Katarina Taurian and author of The Wellness Doctrines Jerome Doraisamy as they discuss how to recognise if you or an employee is suffering, quick wins to help mitigate a bout of anxiety, and where accounting sits as far as anxiety levels go in the Australian business community. www.accountantsdaily.com.au
Join the Accountants Daily team as they discuss the most unusual tax time claims that have come across the news desk this week. From dogs to designer fashion, some clients have tried hard to get creative claims over the line. Katarina Taurian and Terry Braithwaite also read between the lines of the flurry of partner appointments this week, and find FY19 is a good time for SMEs in accounting land. www.accountantsdaily.com.au
In this episode of Accountants Daily Insider, KPMG's managing partner for Western Sydney, David Pring, speaks to Katarina Taurian about what the big four firm is doing in Greater Western Sydney, and why it's a hot spot of opportunity for accountants. David talks through the popular and emerging service lines, what the competition is doing, and why he's confident the non-metropolitan area is not just a temporary boom market. www.accountantsdaily.com.au
Some professional accounting bodies made the news for all the wrong reasons last year. This left us wondering: do young accountants care about professional designations? Join Accountants Daily editor Katarina Taurian as she grills aspiring CA, Michael Johnson, on why he has chosen further study. Michael also has a few cheeky shots at his peers who took the CPA route. All in good fun, and all here for you to tune into! www.accountantsdaily.com.au
Join the Accountants Daily tag team of Terry Braithwaite and Katarina Taurian for a rundown of the week that was. Katarina gets fired up about FASEA, the Royal Commission and ASIC, while Terry settles the mood with a wrap of the Australian Accounting Awards. The team share their learnings and observations from the gala dinner in Sydney last week, including advice for accountants who are considering throwing their hat in the ring next year. www.accountantsdaily.com.au
In this latest episode of the Accountants Daily Insider podcast Terry Braithwaite and Katarina Taurian discuss the soon to be introduced education requirements which are set to impact those offering financial advice in coming years. They will look at the implications that these changes will have for those both new to the industry, and those who already have extensive training and experience. Katarina will also share her hopes and what we can expect to see in the upcoming budget.
Former KPMG Demographics partner Bernard Salt explains what he really meant with his smashed avocado comments, much to the satisfaction of our brunch enthusiast editor, Katarina Taurian. He also talks about how he managed to effectively launch a start-up within a big four firm, in the form of KPMG Demographics, with advice to those looking to take similar chances in their own careers. Bernard's predictions for the future of Australia's property markets paint a good picture for small to medium accounting firms in particular, and he's confident of commercial opportunities outside of capital city CBDs despite of current infrastructure barriers.
In his trademark blunt style, BGL's Ron Lesh talks to editor Katarina Taurian about what the new reporting obligations for SMSFs mean in 2018, and why he wasn't happy with how the some of the accounting bodies handled their consultation approach. He also takes a swing at the evolution of online marketing in the accounting software space, and gives insight to BGL's approach to software and marketing development in 2018 and beyond.
Sponsored podcast: In this episode of the Accountants Daily podcast, we discuss the ever-growing issue of cyber security for Australian accountants, and the legislative triggers that mean putting risk mitigation strategies in place is no longer optional. Joined by Karen McDonald, Associate Director of Professional Risk at Accountancy Insurance, editor Katarina Taurian examines what a cyber security threat looks like in 2017, and how accountants can protect themselves and their clients from a data breach. www.accountantsdaily.com.au
The lending landscape for accounting firms in Australia is in new territory, with specialist and alternative lenders getting significant attention and traction with SMEs in particular. Partner at Standard Integrated Lending, Tony Caine, spoke to Katarina Taurian gives his assessment of the where the opportunities are for savvy firms, and where the market is likely to head in the years to come. He also talks through what it's like working with accountants who have distinctly different goals, deadlines and client bases to other professionals, and where he thinks the smart operators have got it right. www.accountantsdaily.com.au
The leadership crisis at CPA Australia has had a ripple effect in the Australian accounting industry, prompting professional associations to review their disclosure procedures and annual reporting. Chief executive of the Institute of Public Accountants (IPA), Andrew Conway, speaks to Accountants Daily editor Katarina Taurian about the changes he’s now making at the association. For the first time, Mr Conway shares his frank assessment of CPA’s evolution and descent, and what accounting leaders and professionals alike can learn now that the dust is - finally - beginning to settle. www.accountantsdaily.com.au
The government fired warning shots in the May federal budget about a tax office blitz on the top 1000 firms in Australia, and it has stuck to its word. In fact, according to Thomson Reuters managing director for Australia and New Zealand, Ben Scull, the ATO is set to speed up its surveillance. Speaking to Katarina Taurian, Ben explains which companies are in the firing line, and what they should be expecting from the regulator. In Ben’s words, there’s “quite a bit” of information that firms will need to produce to satisfy the ATO. Ben also talks about his vision for tax reform in Australia, and why some of the taxes that don’t get the broader public’s green light are often the ones most in need of a shake-up.
Listen in to this week's episode as Katarina Taurian gets past Practice Ignition chief executive Guy Pearson's incredibly laid back exterior to discuss the fast-paced, aggressive, and optimistic life he leads to fuel his ever-growing start-up. Guy talks about how moves in his early career as an accountant taught him the joys and frustrations small businesses face every day, and how he funnelled that into a vision that is taking him across Australia and into the European and North American markets. With a few cheeky stabs at his "stunt double" Trent McLaren thrown into the mix, Guy also talked through how he pushes through industry resistance, backlash and mudslinging to keep his eyes on the prize. www.accountantsdaily.com.au
Compared to other professional services, the job market for accountants in Australia has been solid in recent years. Hays regional director for accountancy and finance, David Cawley, speaks to Katarina Taurian about where the next bursts of activity will be, and which professionals will have the upper hand with their salary negotiations. He also talks through the blunders good candidates make, both when they are actively searching for a new role and while they hold employment. In some cases, the blurring of personal and professional lives have cost otherwise perfect candidates their ideal role. http://www.accountantsdaily.com.au
"Horrified expressions" are increasingly becoming a thing of the past with accountants when it comes to creating a competitive and modern marketing and pricing strategy. Mayflower Consulting's managing director Sarah Penn speaks to Accountants Daily editor Katarina Taurian about the green shoots she sees on a daily basis with accountants who are positioning their practices for growth and succession. She shares her insight to what successful accounting businesses, and Australian small businesses in general, are doing to make sure they are communicating with their client base effectively and charging them in a competitive and sustainable way. http://www.accountantsdaily.com.au
As members of parliament are fast coming to grips with, Australians can hold foreign citizenship without being aware of it. Your clients could have US citizenship without necessarily realising it, having never lived in or been born in the US. Partner at Moodys Gartner, Roy Berg, speaks to Accountants Daily editor Katarina Taurian about the dizzying level of detail you need to be aware of for your clients who are US citizens, or Australian citizens with ties or investments in the US. Mr Berg gives his five top areas to look out for when assessing your client’s situation, and accountants will be surprised at the “honest mistakes from honest people” that might be lingering in your client base. http://www.accountantsdaily.com.au
Technology and accounting industry heavyweight, David Smith, speaks to Accountants Daily editor Katarina Taurian about whether the opportunities of big data, cloud computing and lightning speed internet will match the realities of the accounting profession in the next 10 years. He also reveals the biggest mistakes firms are making when it comes to maintaining their practice’s cyber security, and how hiring a professional hacker revealed just how vulnerable even mid-market firms are to data being compromised. http://www.accountantsdaily.com.au
Accodex chief executive Chris Hooper speaks to Accountants Daily’s editor Katarina Taurian about how he plans to break the mould and transition his start-up into a multi-million dollar network. Chris also talks through life behind the scenes, including how he manages his personal schedule, his family life, and his energy as he pours everything into fuelling his brain child. http://www.accountantsdaily.com.au