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Building the Future of the Accounting Profession

Mentorship concept

Mentorship of young professionals is a critical part of accounting firm team development. Mentorship enhances the skills and knowledge of young accountants and fosters a culture of continuous learning and professional development. In this article, we will explore the importance of mentoring, the benefits it brings to both the team members and the firm, and…

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Do we really need all this complexity?

complexity concept

This modern world is getting so complicated. There are complex accounting standards, ESG reporting, gender equality reporting, WH&S, and countless HR policies. There are surveys for almost everything. The list is endless. I sometimes wonder how anyone can make a profit. This complexity also brings some danger. Solutions can often be simpler than they appear,…

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Zero Tolerance for Process Compliance: A Blueprint for Success

process compliance concept

In the bustling world of professional firms, where precision and efficiency are prized commodities, the adherence to processes can often feel like a balancing act on a tightrope. Yet, in the pursuit of excellence, it’s imperative to create an environment where processes are not just followed but revered. Enter zero tolerance – a mindset shift…

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Mastering Client Engagement: A Guide to Asking the Right Questions for Business Success

asking the right questions concept

The importance of asking your clients the right questions can have a profound impact on your accounting business’s success. Whether you’re assessing practices, gathering feedback, or fostering professional trust, creating a space for clients to express themselves is invaluable and makes for great client engagement. Initial Contact Begin with understanding how prospective clients find you.…

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The Love Of Learning

love of learning concept

I thought I would ask my daughter, Jess, to help me out with an article for this month. Jess is a 34-year-old skilled graduate journalist working in digital media and I wanted to know her thoughts on learning, so we put this article together which I feel is very relevant to the accounting industry. As…

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The Accountants’ Guide to Fishing

January is the month for holidays, for relaxing, for contemplation. For me that involves spending time at Port Stephens out on the water trying to skillfully convince a succulent fish to hop onto my line. As anyone knows such an exercise involves a great deal of patience. As I have sat in the sun replenishing…

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Hard decisions

You know the feeling. You come to the office and get stuck into your “To Do” list. You focus on addressing those day-to-day business issues – but lurking in the corner like a bad smell are those things that you know that you need to do but you just can’t bring yourself to do it.…

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Unlock your Strategy Development Services

Moving forward with strategic planning concept

One of the best ways accounting firms can expand their business advisory service offering is to provide strategy development services to clients. Not only does this set the client’s strategic business direction: it offers a variety of additional value-added engagement opportunities. Perhaps the ideal first step is to undertake a strategic planning workshop on your…

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Unlocking the Secret of Being a Gun Leader

unlocking the key to leadership

Leadership skills are essential to progressing your career for a wide range of reasons including: You already know that and will undoubtedly be looking forward to discovering more about this (and other insights) at the 2023 Young Guns Workshop. There is one leadership skill that isn’t often mentioned that truly is a critical one. It’s…

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