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I recently returned from work and travel in South Africa and Canada where I presented to accountants in practice in Durban, Johannesburg, Capetown and Toronto. My presentations were on moving your practice from Compliance to Reliance and How to Profit from Compliance. These are really fancy titles for the process that needs to be adopted…

It starts to get pretty scary and exciting for accountants when someone from the ATO makes a series of comments on the industry.

MYOB ProfitOptimiser has been around a long time and at one time had much of the business advisory tool space on it’s own.

Most partners and directors of accounting firms tell me they don’t have a “debtor problem”. This may be correct, but only in part. Almost all accountants’ debtors do pay – eventually.

The sky is falling, the sky is falling! So says Chicken Little. For public practitioners the mantra has been for years – compliance will cease to exist, compliance will cease to exist. There’s no money in compliance.

A few weeks ago I spoke at the Chartered Accountants SMSF Conference. At the end of my address I made some comments that accountants need to consider that technology may drive automation to such an extent that accountants may be disintermediated from some services.

I was recently asked to give my impression of business advisory trends and developments from my recent and past work and travel in the United States, Canada and United Kingdom.

The number of self-managed super fund members has topped more than one million, according to the Australian Taxation Office Self Managed Super Fund.