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Accountants Daily Insider is your weekly analysis of the biggest themes shaping the Australian accounting landscape. Join Katarina Taurian and Terry Braithwaite as they dive into the latest headline and developments in the industry. Get in touch with us on Twitter via @AcctsDaily and join conversations with your peers on accountantsdaily.com.au

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    • Бизнес

Accountants Daily Insider is your weekly analysis of the biggest themes shaping the Australian accounting landscape. Join Katarina Taurian and Terry Braithwaite as they dive into the latest headline and developments in the industry. Get in touch with us on Twitter via @AcctsDaily and join conversations with your peers on accountantsdaily.com.au

    How accountants can better support struggling SMEs

    How accountants can better support struggling SMEs

    On this episode of Accountants Daily Insider, George Morice outlines the key issues that accounting firms and their small business clients will be facing in 2020.
    The accounting director of Prime Partners joins host Sarah Kendell to shed some light on how accountants can support their struggling business-owner clients, the importance of technology in increasing productivity, and why his firm is providing complementary strategic resources for SMEs seeking growth.
    George also explains how firms can future-proof their businesses, why adding value and bettering client relationships is the most critical aspect of a successful practice, and how accountants can play a role in helping their rural clients rebuild in the aftermath of Australia's bushfire crisis.

    • 12 мин.
    Preparing the industry for big challenges in response to the Australian bushfires

    Preparing the industry for big challenges in response to the Australian bushfires

    With the devastating bushfire crisis currently gripping Australia, 2020 is predicted to be a turbulent year across all industries and the accounting profession will not be exempt from these challenges.
    Director of Smithink David Smith joins host Sarah Kendell on this episode of Accountants Daily Insider to share his insights into the types of issues that accounting firms might face in attempting to rebuild from the impact of the fires.
    David also emphasises the importance of a strong digital marketing strategy for accounting firms, suggests how business owners can combat the challenge of recruiting and retaining employees in the industry, and provides recommendations on the most beneficial new initiatives that accountants should consider in 2020.

    • 19 мин.
    The impact of changes to regulation on the SMSF industry

    The impact of changes to regulation on the SMSF industry

    On this episode of Accountants Daily Insider, host Sarah Kendell sits down with the executive manager of SMSF technical and private wealth at SuperConcepts, Graeme Colley, to discuss recent regulatory developments in the SMSF space and the subsequent impact on industry professionals.
    Mr Colley shares his views on whether claims made by ASIC in their fact sheet on SMSFs are exaggerated or misleading, runs through the standard costs for servicing different types of funds, and explains the difficulties in comparing performance figures when considering SMSFs versus APRA funds.
    He also outlines SuperConcepts' involvement in the consultation process with the ATO and the new non-arm’s length income (NALI) laws, suggests how the regulations can be amended to provide a more practical solution for accountants, and responds to the contentious topic of the ATO's campaign around investment strategy.

    • 18 мин.
    The ATO’s diversification campaign and how it has impacted the SMSF audit space

    The ATO’s diversification campaign and how it has impacted the SMSF audit space

    Accountants working with clients investing within their SMSF will be familiar with the recent ATO campaign sent to around 17,000 trustees warning that they may not have adequately considered diversification in their investment strategy.
    In this episode of Accountants Daily Insider, host Sarah Kendell is joined by the director of Tactical Super, Deanne Firth, who will discuss how the campaign has impacted the SMSF audit space and considerations for accountants to be aware of.
    She will share how the campaign has led to her surveying her clients, explain how some clients are in fact more diversified that they seem on paper, and unpack the role of financial advisers in overseeing the diversification of their clients' investment funds.

    • 21 мин.
    Embracing technological change in the industry

    Embracing technological change in the industry

    2019 has been a period of technological transformation in the accounting industry, and according to general manager at MYOB, Blake Collins, it's only going to expediate in the coming year.
    Blake joins host Sarah Kendell on this episode of Accountants Daily Insider to provide insight into how accountants can optimally embed technology into their businesses; what firms can do to prepare for the transition to myGovID; and how new tech platforms will enable a simplified, more efficient way of working for accountants.

    • 23 мин.
    Positive psychology and its application in professional services

    Positive psychology and its application in professional services

    Traditionally, clinical psychology focuses primarily on the faults, failings and weaknesses of patients in order to effectively treat psychological disorders. Positive psychology represents a shift away from this deficit approach to one that concentrates on emphasising strengths and happiness as a means to mental wellbeing.
    On this episode of Accountants Daily Insider, chief happiness officer at The Happiness Institute, Dr Tim Sharp, joins host Jerome Doraisamy to outline the key benefits offered by positive psychology, explain the generalised principles that professionals can implement in their daily lives, and reveal how he personally adopts this model of psychology in his own life.
    Dr Happy breaks down the difference between popular psychology and positive psychology as represented on social media, debunks the common misconception that so-called negative emotions should be avoided, and suggests the importance of using flexible methods of thinking in different circumstances.

    • 22 мин.

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