Apr 2021

Australian accounting firms: recruiting new Gen Z talent and the laws of attraction

By: Odyssey General
Tags: digital technology, generation z, recruiting, zoomers

As we start to see the next generation enter the workforce, it’s time to revisit Australian accounting firms recruiting. Whilst many are still making comments about the Millennials (Gen Y) who were born from 1981 to 1996, it’s time to start considering recruiting strategies for the Zoomers (Generation Z) who were born from 1997 to 2012, of which the 1997 …


Apr 2021

Corporate social responsibility: perhaps now more important than ever

By: Odyssey General
Tags: community, contributing, corporate social responsibility, ethics, giving, philanthropic, sustainability

For those reading news online in many of the various news applications or social media applications, it’s hard not to feel (at least for older readers) that the world isn’t doing so well. At the same time, it’s more important for business owners to engender a sense of community and a sense of belonging and giving. And yes, while we …


Apr 2021

Australian accounting firm owners: the direct connection of charity to the community

By: Odyssey General
Tags: charity, community, giving, social connection, well-being

In our last blog, we touched on the lifecycle of the Australian accounting business, with the end result of the lifecycle being the change of the entity to being an investment for the Accounting firm owner. It’s well researched that giving activates the reward centre in your brain, improves life satisfaction, and makes you feel happier. Health also improves through …


Apr 2021

Why it’s critical for Accounting firm owners to get out of the business, and turn it into an investment

By: Odyssey General
Tags: cashflow, community, investment, leadership, value

We’ve all seen the cash flow quadrant which encourages people to move from being an employee (having a job) into being self-employed (owning a job) to being a business owner (owning a system) and into being an investor (owning investments). Whilst it’s a sobering thought of the massive number of companies that don’t make it to the second year, let …


Apr 2021

Are you ready to disclose your Australian accounting outsourcing: 1 July 2021 APES305

By: Odyssey Legislation
Tags: accounting outsourced services, actuarial certificate, apes 305, Cloud computing, Disclosure

In December 2020 a revised APES 305 was released with a mandatory requirement, effective 1 July 2021, to disclose material outsourcing. In section 3.6 Where a Member in Public Practice will utilise Outsourced Services in the provision of Professional Services to a Client, the Member shall document and communicate the details of the Outsourced Service Provider, the geographical location of …