29

Jul 2021

Regionalisation and remote work has encouraged younger accounting staff to move out of cities: is your accounting firm ready?

By: Odyssey General, Outsourcing
Tags: COVID19, labour shortage

The ABC recently reported the shortage of service staff in some regional areas, with concerns about employee price rises in times of scarcity in these regional areas.  The current employment market has been de-stabilised by Australian border controls preventing the free movement of international workers on temporary assignments, along with State border controls reducing the free flow of workers across …

15

Jul 2021

Australia, the race to digital for Australian compliance accounting firm owners is now critical.

By: Odyssey General, Outsourcing
Tags: COVID19, labour shortage

More recent news with Australia’s actions on Coronavirus notes the vaccination rates continue to be of concern, that Australia may turn into a hermit kingdom, and the powers in Authority have shown they are comfortable putting nearly half of Australia into lockdown. In the spate of recent lockdowns, there has also been recent news articles at the movement of Australians …

08

Jul 2021

APES 305 : Disclosing outsourcing provider, geographic location and nature/extent of outsourced services.

By: Odyssey Legislation
Tags: apes305

The new APES 305 on Terms of Engagement became effective 1 July 2021, as per this link è https://apesb.org.au/standards-guidance/terms-of-engagement/ The most challenging new requirement (where Outsourced Services will be utilised) is that the Member must document and communicate to the Client: the details of the Outsourced Service provider, the geographic location of where Outsourced Services will be performed and the …