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Jan 18, 2021

Accountants can help SMEs by encouraging the preparation of a SWOT (Strengths, Weaknesses, Opportunities and Threats) Analysis at the beginning of a new calendar year.

 

You could encourage your clients to take some quality time and sit down alone or with their team to consider the key areas of the business.

For the...


Jan 18, 2021

The key driver for utilising ‘Predictive Accounting’ is to clearly summarise the various “non-financial items” before attempting to produce a budget.

‘Predictive Accounting’ embraces a systematic approach to the preparation of budgets, starting with basic information relating to:

  • The types of products to be...


Jan 7, 2021

Succession planning is not something that business operators should think about when they get old and are ready to retire.

It is a process that should be thought about in every segment of the business journey.

Questions that you could ask:

  • What is your vision for the business?...

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Jan 7, 2021

In our final Business Advisory Services conversation on Wednesday 16th December at 12-noon AEDT (11.00am AEST), Peter Towers, Managing Director of ESS BIZTOOLS will be joined by Paul Barnaby, Chartered Accountant and Managing Director of Beyond Accounting Technologies.

Paul’s proud claim is that he can turn an...


Jan 7, 2021

Predictive accounting is an important part of the delivery of Chief Financial Officer Services because it requires accountants to discuss with clients all aspects of their business and then to commit that vision into Budgets, Cashflow Forecast and Predicted Balance Sheet to determine the level of investment required...