Bali conference

We just finished the best conference I have ever organised in 20 years. We had 411 people attending for the 5 day program. It rocked and the feedback has been overwhelming. Already 300+ have signed up for next year. July 12-16 2015 again in Bali. We had a total of 10 speakers on stage and…

The nominations are in

I just judged 49 entries in each of 7 categories for excellence in Accounting firms. The nominations were exceptional. Some arrived with balloons, there were videos, pages of text, facts & figures and awesome case studies. The 7 categories are Most innovative accounting firm Service excellence Best client results Best place to work Community contribution…

The Real Time Accountant

Are you a ‘Real time Accountant’ (RTA) or a ‘Redundant data Accountant’ (RDA)? The vast majority of Accountants I meet have around 80% of their revenue coming from annual compliance services. That means once the financial year ends they start preparing financial information so it can be lodged with the various Government agencies. By the…

The Future of Compliance

There is one word to describe the future of compliance….commoditized. With a repetitive task eventually systemization kicks in and after that commoditization. Once a product is commoditized then price pressure and new competition takes over. This is what is happening with statutory compliance for individuals and companies. The reason is simple. Cloud accounting software. New…