Change continues to happen at a massive pace in the Australian accounting compliance industry, and in this current time we have interestingly several different generations participating in the preparation of the same sets of compliance work, but using vastly different tools and different skill sets. I was thinking the other day about an accountant that I’m in discussions with, who …
Navigating Change – why minds are stuck on old tracks
I was thinking the other day about generational differences in approaches to navigating, and how we all achieve the same (compliance output) but approach it in many different ways. When I was younger (pre internet), I’d watch my dad drive using maps for longer distances, and street maps for local situations. Maps were studied diligently before the journey, with landmarks …
If you go walking in the woods without your iphone, and don’t record it, did you go?
This week we thought we’d push into the philosophical thought raising questions regarding observation and perception. Earlier this year I went walking in the jungles of Laos over several days. On the last day it was raining heavily, as only it can in Asian jungles. Given that I was committed to the walk, it only seemed right to get out …
Good Outsourcing providers focus on Quality
We like our coffee as much as the next person, probably more so as we grow a lot of the stuff here. Whilst Brazil exports a lot of coffee, from time to time Vietnam out exports Brazil. So, we’re confident Vietnam sits in the second place of main coffee exporters. Before we dive into Outsourcing and Quality, we want to …
Outsourcing trends… why your Outsourcing partner needs to continue to invest
Popular theory has three main ideas on organisations life-cycle: they are either growing, shrinking or stagnating. In the Accounting compliance world this is probably true, though with compliance sometimes it’s akin to watching paint dry. A bit boring, but it’s bread and butter for thousands of Australian accountants. So what about your Outsourcing partner, should they also be under the …
Laggards.. When you are late to Australian Compliance Outsourcing
More recently we’ve been talking to a lot of business owners who are resistant to change, and probably would accept the term “late adopters”. The technology curve that everyone pulls out at appropriate times would probably note these people as the 16% Laggards. It’s probably not a pretty name for accountants to have, though we are resistant to change. One …
Why you need to talk to an expert when it comes to outsourcing
In this time of “fake news”, we’re seeing it blatantly obvious that there are a lot of mis truths in the world today, and the world of Australian tax and accounting compliance outsourcing isn’t any different. We’ve seen some of the accounting industry self appointed “leaders” tinkering in social media giving their opinion on outsourcing, and we’ve seen some self …
Outsourcing is all about Trust
For Australian accounting business owners, sending out a critical part of their compliance business to an overseas outsourcing services provider is pretty hard. It’s not only hard, but it’s soul wrenching, gut wrenching, and stressful. There are concerns about whether the quality is ok, whether the data is safe, whether the provider can be trusted to provide consistent quality, … …
10 Signs Outsourcing is going to help your Australian tax compliance work
Everyone wants to be an entrepreneur, as they have for the last 30 years, but it seems these days that being an entrepreneur has replaced people’s dreams of being a rock star, or was it an astronaut… While not everyone deliberately goes out in life to become the owner of an Australian compliance accounting firm, you end up where you …
Outsourcing versus DIY: Why are Australian accountants still doing compliance?
Do you Uber, Airbnb, use any of the great sites that are out there. How about the gig economy – have you tried resources from there yet? We’re all secretly DIY where we can. Save a few bucks. The joy of doing something ourselves. Which is why we probably have rules about important things like electricity and needing to have …