The Top 5 Accounting Skills Needed for the Future
A recent survey in the UK published in the report “Skills for future success” has found that the globalisation of business operations and rapid advances in technology are some of the key drivers in a current and future skills shortage in finance-related roles. Employers find it increasingly difficult to attract the right talent and skills […]
The Top 16 Accounting KPIs to Measure Your Financial Success in 2022
What Is Accounting KPIs? Accounting key performance indicators (KPIs) are a quantifiable measure of the financial performance of a business and provide valuable insights into its financial health. Regardless of the size of your business or the industry you are in, your business will benefit from the insights provided by carefully selected KPIs. Choosing suitable […]
The Most Common Bookkeeping Mistakes Business Owners Need to Avoid
With the complexity of accounting, compliance and bookkeeping processes increasing and the juggle of business owners to keep their business profitable, especially during these challenging times, it’s easy to understand where some small and medium business owners will make mistakes with the financial aspects of their business. We highlight the most common mistakes made by […]
The End of “Zombie” Super Accounts
As part of the 2020-21 federal budget, the government has introduced the “Your Future, Your Super” reform package. These reforms include measures to improve the superannuation system, estimated to save Australians $17.9b over 10 years. The measures outlined in the “Your future, Your Super” reforms will make it easier for superannuation members to choose the […]
SMSFs and Property: The Rules, Risks and Advantages
Self-managed superannuation funds (SMSFs) are on the rise, with more and more people looking to take control of their retirement savings. One popular option for SMSFs is investing in property. But what are the rules around SMSF property investment? And what are the risks? What are the advantages? In this blog, we’ll take a closer […]