We recently noticed a complaint from one of our accounting firm clients, that the SMSF auditors we were using (we switched to a panel of SMSF auditors) were making things difficult by asking for signed documents from the trustees, pieces of information to prove ownership and valuation, and generally just making the SMSF audit process a lot more difficult, in …
Why Australian ad-hoc resources flexibility is winning during this black swan moment
This week we thought we’d share an email that came from a client last week. It’s pretty easy to summarise: Have been using Odyssey for SMSF and larger compliance jobs Hired an offshore staff from the Philippines, but they moved on (in under a year) after being trained Wants a flexible offering, including compliance work and bookkeeping Doesn’t have enough …
Signs a tyre kicker prospect has turned up to your accounting compliance practice
The first most important thing about handling potential customers who contact your company is to have a clear idea of the type of company you are, and the type of customer you best serve. This might sound strange, especially for compliance firms which can be frequently mentioned as commoditised, but at the end of the day you are going to …
Australian tax and accounting compliance Outsourcing forecast to increase 75% from 2020 to 2022
Commbank released their June 2020 marketing pulse recently. Most interestingly Australian tax and accounting compliance Outsourcing forecast to increase 75% from 2020 to 2022. As a direct result of their coronavirus experience, 21% of firms responded that they would increase their use of contractors and outsourcing. Many firms had invested in cloud technology and made the transition to working from …