99 episodes

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve.



David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants?



If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them.



Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. This podcast won’t be for the faint hearted.



https://www.fromthetrenches.com.au/

From The Trenches David Boyar

    • News
    • 4.8 • 46 Ratings

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve.



David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants?



If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them.



Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. This podcast won’t be for the faint hearted.



https://www.fromthetrenches.com.au/

    IPlAte | Xero still the big pull? | Tech Staff Changes

    IPlAte | Xero still the big pull? | Tech Staff Changes

    Best on Ground

    Accounting Coaches that prove their value – with a p and l!

    https://www.linkedin.com/posts/sharonsnetwork_business-accounting-coaching-activity-6923203081497182208-EN8M/?utm_source=linkedin_share&utm_medium=android_app

    Even when McKinsey stuffs up they win

    https://twitter.com/MattZeitlin/status/1517279854135107584

    What happens after you sell your payroll app? Richard McLean (@richviking99) / Twitter

    If you work for a tech company and rely on your shares instead of your wages/bonuses you’ll probably lose out

    https://investing1012dot0.substack.com/p/valuations?s=r

     

    Paul – Not best or worst, just really interesting seemingly lots and lots of LinkedIn new job posts. Not great resignation but Great Movement. Divipay have 14 jobs open! https://www.linkedin.com/feed/update/urn:li:activity:6936623969076658176/

    ChangeGPS have 3 open positions Work with Us (changegps.com.au)

    Worst on Ground

    Power to accountants doing what the bodies aren’t

    https://www.linkedin.com/feed/update/urn:li:activity:6927750334123556864/

    Meanwhile the IPA and CA submissions were dated AFTER the advertised due date after having 6 years to get their act together!

    If Benny Hill music had a font type it would be the new sage logo https://www.business-live.co.uk/professional-services/software-giant-sage-unveils-new-23796099

    Accounting Bodies Out of touch with the urgency of s100a 

    Xero Roadshow Review

    See omnystudio.com/listener for privacy information.

    • 30 min
    Systemic Failure of the Accounting Bodies | Tinder for Tax | Fast Collapse

    Systemic Failure of the Accounting Bodies | Tinder for Tax | Fast Collapse

    Best on Ground

    Paul

    Tech wont change your life much in the next ten years - here’s why https://twitter.com/sweatystartup/status/1505125330817802244 

    Fast Collapse:

    https://www.axios.com/fast-checkout-startup-collapse-029d1601-6d4f-43a4-b816-bd4b15771bbe.html 

    AccountexAU launch 

    What it needs to prove: That it can make a fair profit for it’s substantial risk with the available quality content providers https://twitter.com/AccountexAus/status/1511555738430500864 

    Farewell Craig Walkerhttps://twitter.com/storminwalker/status/1509699836463005698 

    David

    A new Practice Manager Consideration

    I recently got asked if the practice management solutions actually solve a problem (so many firms just use excel) - CAA use Karbon. Paul uses excel and XPM and we hear about FYI docs all the time but PWC has chosen….Monday https://www.linkedin.com/posts/mondaydotcom_global-alliance-with-kpmg-ugcPost-6902266804081958912-8qPt/ 

    Tinder for tax

    Gofar making FBT simple and is calling itself Tinder for Tax 

    https://www.gofar.co/ 

    How GoProposal gets it’s staff to work in the office https://www.linkedin.com/feed/update/urn:li:activity:6917789747926949888/?commentUrn=urn%3Ali%3Acomment%3A(ugcPost%3A6917789738972110848%2C6917964958639030272) 

    Even Jerry Seinfleid knows big firms aren’t better https://twitter.com/buccocapital/status/1510249981789282304 

     

    Worst on Ground

    Dave

    Frustrated how we seem to keep printing money? Monopoly has your answer https://twitter.com/biancoresearch/status/1510254967113748485 

     

    The war in Ukraine - and the impact on accountants with clients doing business in Russia https://www.linkedin.com/posts/daniel-rosenblatt-trade-law_sanctions-russia-belarus-activity-6905150591698644994-Vdha/ 

     

    Accounting Bodies are Failing. 

    Accounting Bodies gloss over their systemic failures around talent and there aren’t enough accountants to lodge returns. 
    They are the accountant makes
    There aren’t enough accountants
    We lose the battle for talent on campus 
    We focus on mental health after the damage is done and do nothing to stop the system that creates the mental health issues s100a retrospective changes is the best example
    Who will lodge the tax returns in 10 years? CPA seems to focus on their total members not their tax lodgers.

    https://www.accountantsdaily.com.au/business/16806-accountants-turning-from-technicians-to-problem-solvers/amp 

    Small Practitioners don't have a voice - s100a proved it - No seat at the table yet again

    ATO says industry asked for s100a guidance? But who asked? Who is actually your voice here? Check out who sits on the ATO’s consultation group. Did they represent you? https://www.ato.gov.au/general/consultation/consultation-groups/stewardship-groups/private-groups-stewardship-group/ 

    The current advocacy system is designed to get you to comply, not to represent you.

    Independence? IPA CEO appointed to TPB Board making a judge, jury and executioner 

    https://www.tpb.gov.au/news-media/media-releases/tax-practitioners-board-welcomes-two-new-members 
    The TPB accredits the IPA - From their website
    Professional associations may be accredited by us as a recognised tax agent or BAS agent association if they meet certain requirements in the Tax Agent Services Regulations 2022 (TASR). 
    The IPA Accredits Accountants - From their website 

    The IPA is a professional accounting body which sets professional and ethical requirements for its members, which they are required to uphold.

    See omnystudio.com/listener for privacy information.

    • 49 min
    5 Year Anniversary Special LIVE | What should have changed | What will change

    5 Year Anniversary Special LIVE | What should have changed | What will change

    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.

    • 27 min
    Change the reason your firm exists | ReckonOne growth |TikTok Regulators | IPA's Junket strategy

    Change the reason your firm exists | ReckonOne growth |TikTok Regulators | IPA's Junket strategy

    Listen to learn:-
    The major announcement - the trenches team is expanding
    How changing your firms purpose can win the war of talent in the accounting industry 
    Why it is hard to establish relationships in the accounting sector
    How the world would be if it only had accountants
    Governments blaming accountants for their forecasting faults
    Why tech companies need to separate bookkeeper and accounting messaging 
    Why top line growth doesn't make you happy
    David explains the plan and session for the Trenches GPS Summit on May 2022

    Best on Ground 

    Paul 

    Real time dashboards are overkillhttps://www.linkedin.com/posts/lukalovosevic_data-automation-realtimeanalytics-activity-6889545309546938368-XEzY/  

    ReckonOne is more popular than most of us think, great results from Reckon

    https://www.reckon.com/au/media/half-year-financial-report-2021-reckon-delivers-strong-results/

    The IPA SHOULD host their tax deductible junket conferences in Fiji otherwise we can't justify any benefit at all to Australian members for this https://www.accountantsdaily.com.au/business/16650-ipa-and-the-fiji-institute-of-accountants-announce-partnership 

     

    David

    Baker Tilly Changes it’s purpose away from lodging tax returns https://www.linkedin.com/posts/alan-whitman-357ab91_purpose-nowfortomorrow-activity-6896447373279911936-9rV3/ 

    We don’t celebrate raises often but HNRY raising 16m at a 100m valuation is good for Australian Accountants https://www.stuff.co.nz/business/127646547/wellington-startup-hnry-eyes-expansion-after-securing-16m-investment 

    The IRS joins Tik Tik - hilariously https://twitter.com/dhtoomey/status/1488270707406614528 

    Poor accounting leads to $5billion in extra rail payments https://www.abc.net.au/news/2022-02-09/nsw-government-criticised-over-accounting-by-auditor-general/100816682  and Lance Rubin responds https://www.linkedin.com/feed/update/urn:li:activity:6897288212595798016/ 

     

    Worst on Ground

    Paul 

    More traditional accountant bashing:

    https://www.linkedin.com/feed/update/urn:li:activity:6897992721726795776?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A6897992721726795776%2C6898074647389175808%29

     

    David

    The busted client https://twitter.com/IraGilligan/status/1487146713949343753 

    The connected/Xero/Tech Savvy accountant is still news to the average business owner even though it’s ten years old https://digitalmag.theceomagazine.com/anz/march-2022/innovate/nick-urry/ 

    Outdated Hiring Practices - We are not who we worked for we are what we do https://www.linkedin.com/posts/activity-6897313048122544128-qS8U 

    Quotes from the Episode

    “I don't know how people can attract anyone to the profession when for 20 years they said the profession is not going to exist.” Paul 

    “One thing that's hard to replicate in the accounting industry is the relationship.” David

    “Financial models are wrong because the drivers are wrong” David

    “There’s a difference between a model being wrong and the actual application of accounting standards.” David

    “We are not who we worked for. We are what we do.” Tyler 

     

    See omnystudio.com/listener for privacy information.

    • 33 min
    $1,000 for a demo | Fake Resignation | Too many accountants

    $1,000 for a demo | Fake Resignation | Too many accountants

    Welcome To 2022 - where all you need to do is not stay at home and live a little to start enjoying life again. 

     

    Best On Ground

    David

    The cool young accountants are sharing their salaries on Reddit https://www.reddit.com/r/AustralianAccounting/comments/s0fjr0/salary_thread/  

    Staff need the best tech to work well at home so the practice leaders should own IT  https://www.linkedin.com/posts/activity-6880013227548397568-OI8_/ 



    Paul

    Lorilyn Wilson perfectly explains how one can look stupid trying to make the USA Tax System simple https://t.co/czIDGNiaDE   

    Phenomenal Leadership Tips from NFLs Best young coach. (this is the bloke with the get back coach  This is what a Get Back Coach is What it's like to be Sean McVay's 'get back' coach | NFL Films Presents) 

    Dave Kline on Twitter: "Sean McVay is the winningest active NFL coach. He's 35 years-old & 3 other current NFL head coaches worked for him. Sean McVay's leadership principles for Competitive Greatness🧵 https://t.co/bKoPRRh7op" / Twitter 

    Worst on Ground

    David

    Company's are so desperate for your attention one offered David a set of Apple Air Pods, $250 cash and $750 on an amazon card!

    The irony of GLOBAL tech giants realising they can't only employ in the Bay Area https://twitter.com/patrickc/status/1480647701221896195 

    The great resignation is Fake https://www.afr.com/work-and-careers/workplace/great-resignation-may-be-just-around-the-corner-20211122-p59b2d 

     

    Paul

    Ask a dumb question get a dumb answer - this is the worst poll of all time https://www.news.com.au/finance/money/wealth/how-much-aussies-think-they-need-to-earn-to-have-a-good-life/news-story/6e3d352916da228379e032df476b4e0a 

    In 2014 people thought Australia had too many accountants https://www.smh.com.au/business/does-australia-have-too-many-accountants-20140212-32huu.html 

     

    Software Companies who can't differentiate between Accountants and BookKeepers 

     

     

     

     

    See omnystudio.com/listener for privacy information.

    • 43 min
    Men Vs Women: The Gender Pay Gap Convo That Is So Hard to Have.

    Men Vs Women: The Gender Pay Gap Convo That Is So Hard to Have.

    2022 has produced a focus on gender inequality in the accounting industry with both CAANZ and Intuit producing detailed reports about the current state of play. 

    Sometimes the story is told as a battle of Men v Women and that likely won't produce results that bring positive returns to firm owners and positive experiences for accountants impacted. 

    For many, actively engaging in the gender pay gap can be scary, for many, the floor is lava and we don't want to fall. 

    But without awareness progress can't happen so From The Trenches is proud to present this episode together with Intuit Quickbooks and their new Gender Equity in the Accounting Profession report  

    Get the Report Here  https://www.accountantsdaily.com.au/gender-equity-in-accounting-addressing-the-career-cliff 

    In this episode David Hosts Intuit Head of Accounting Shaye Thyer who has assembled an epic panel including:
    Kylie Parker from Lotus Accounts who started her own firm and is one of only 2 female led firms in the 2020 AFR Top 100 
    Peter McCarthy from Principal Precision  - Taxation Accounting and Management who won the Australian Accounting Awards Diversity and Inclusion Award. 
    Paul Janzs from Professional Partners who advocates for equality so he can help raise his boys to the values he lives in his practice. 

    See omnystudio.com/listener for privacy information.

    • 1 hr 2 min

Customer Reviews

4.8 out of 5
46 Ratings

46 Ratings

Heidys ,

Very informative content

5 stars for the content guys. Really enjoying catching up on some of the episodes.
I would think for people that talk so much about technology, the sound would be much better.
Lucky everything else makes up for it.

SC hammer ,

Great Chat

Hi Guys, very much enjoy your chats and topics covered. Keep up the good work.

axonfitness ,

Undergraduate Accountant

Best advisory podcast on cryptocurrency going around! A complete guide on how to transform your firm from compliance (the dodo of the industry) before its too late!

Top Podcasts In News

The Australian
The Australian
The New York Times
7NEWS Podcasts
Schwartz Media
Mamamia Podcasts

You Might Also Like

Aly & Andrew
Two Drunk Accountants
Momentum Media
Sarah Bartholomeusz
LiSTNR
TaxBanter