{"id":10216,"date":"2014-12-03T12:00:46","date_gmt":"2014-12-03T01:00:46","guid":{"rendered":"https:\/\/smithink.stackedsite.com\/?p=10216"},"modified":"2019-05-30T19:12:40","modified_gmt":"2019-05-30T09:12:40","slug":"the-boat-is-sailing-are-you-on-it","status":"publish","type":"post","link":"https:\/\/smithink.com\/2014\/12\/03\/the-boat-is-sailing-are-you-on-it\/","title":{"rendered":"The boat is sailing, are you on it?"},"content":{"rendered":"<p>It starts to get pretty scary and exciting for accountants when someone from the ATO makes a series of comments on the industry.<\/p>\n<p>Listening to the Second Commissioner of the ATO, Geoff Leeper, speak at the Accountants Technology Showcase Australia (ATSA) Conference in October, recently got me scared and excited. Mr Leeper outlined the ATO&#8217;s policy in relation to the Standard Business Reporting Strategy (SBR Strategy). He indicated that the ATO had advised the Productivity Commission that there would be $500 million a year in &#8216;Red Tape Saving&#8217; from the introduction of the SBR Strategy. Now that isn&#8217;t really the issue that got me thinking, the next part was what got me really thinking.<\/p>\n<p>Have a look at some of the key points on the 4 minute video below:<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/player.vimeo.com\/video\/113350315?dnt=1&#038;app_id=122963\" width=\"500\" height=\"281\" frameborder=\"0\" title=\"Geoff Leeper at ATSA 2014 (Extracts)\" allow=\"autoplay; fullscreen\" allowfullscreen><\/iframe><\/p>\n<p><a href=\"https:\/\/vimeo.com\/113350315\" target=\"_blank\" rel=\"noopener noreferrer\">Geoff Leeper at ATSA 2014 (Extracts)<\/a>&nbsp;from&nbsp;<a href=\"https:\/\/vimeo.com\/smithink2020\" target=\"_blank\" rel=\"noopener noreferrer\">Smithink 2020<\/a>&nbsp;on&nbsp;<a href=\"https:\/\/vimeo.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vimeo<\/a>.<\/p>\n<p>Even the ATO is advising accountants to become business advisors. The question is why are so many accountants finding this a challenge. It is our view that firms have struggled to develop the skills and implement the appropriate processes to engage effectively with their clients to develop these services.<\/p>\n<p>By attending the&nbsp;<a href=\"http:\/\/www.smithink2020.com\/events\/business_advisory_conference\" target=\"_blank\" rel=\"noopener noreferrer\">Sm<em>ithink<\/em>&nbsp;2020 Business Advisory Conference in February<\/a>&nbsp;and the&nbsp;<a href=\"http:\/\/www.globalbusinesscamps.com.au\/events.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Global Business Camp with clients in March<\/a>&nbsp;you will be ready to move forward and expand your service offering.<\/p>\n<p><strong><em>We are committed to helping you get your Business Advisory services going and have a number of value adds to consider as part of your plan:<\/em><\/strong><\/p>\n<p><strong>&#8211; Commit to either of our&nbsp;<a href=\"http:\/\/www.smithink2020.com\/services\/business_advisory_enabled_12_month_program\" target=\"_blank\" rel=\"noopener noreferrer\">Business Advisory Enabled<\/a>&nbsp;or our&nbsp;<a href=\"http:\/\/www.smithink2020.com\/services\/optimised_practices_enabled\" target=\"_blank\" rel=\"noopener noreferrer\">Optimised Practices Enabled 12 month<\/a>&nbsp;programs within 3 months of the event, and we will credit the entire Business Advisory Conference fee for one person against the program cost.<\/strong><\/p>\n<p><strong>&#8211; Attending firms receive a one hour free teleconference with Mark Holton to work through commencing your business advisory implementation plan.<\/strong><\/p>\n<p><strong>&#8211; If you register for both the Business Advisory Conference AND the Global Business Camp, we will refund you $1000 off your Business Advisory Conference registration fee.<\/strong><\/p>\n<p>If you have any questions on any of the above please don&#8217;t hesitate to contact me.<\/p>\n<p>Regards,<br \/>\nMark<\/p>\n<p>Do you receive our monthly newsletter? If not, <a href=\"http:\/\/eepurl.com\/bpPm_n\" target=\"_blank\" rel=\"noopener noreferrer\">enter your name here<\/a>&nbsp;and be the first to receive our monthly updates on the accounting industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It starts to get pretty scary and exciting for accountants when someone from the ATO makes a series of comments on the industry.<\/p>\n","protected":false},"author":854,"featured_media":10217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The boat is sailing, are you on it? - Smithink<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/smithink.com\/2014\/12\/03\/the-boat-is-sailing-are-you-on-it\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The boat is sailing, are you on it? 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