16

Jan 2020

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Automation in Australian Accounting: Risks or Opportunities?

By: Odyssey Uncategorised
Tags: Accounting Firms, Australian compliance, Automation, Cloud software, Outsourcing

Automation has been threatening thousands to millions of jobs with obsolescence, and accounting jobs are supposedly at the top of list. Indeed, there is no surprise here that accounting automation truly makes productivity improvements in Australian compliance services. Accounting software that automate processes have taken over many back-office functions in accounting services. Hence; Australian accounting firms who were charging their …

30

May 2019

is-it-time-to-exit-older-accounting-firm-owners

Is it time to exit older accounting firm owners?

By: Odyssey General
Tags: Accounting firm owners, Change, Cloud software

After years of talking to Accounting firm business owners, we’re starting to see a trend. Older accounting firm owners are starting to be pushed out of their firms, or just closing shop. And it’s not just us noticing the trends: ‘The doomsayers are wrong’: Accounting industry younger and thriving ATO Assistant Commissioner Colin Walker has revealed new demographics for the …

04

Feb 2016

Cloud-based accounting and productivity tools for practitioners and taxpayers

By: Odyssey In the Press
Tags: ATO, Cloud Accounting, Cloud software, SBR

Modern cloud based accounting software and productivity tools are having far reaching and prompt impact on the way Australian businesses process their business transactions. In this article, Sophie Hossack highlights changes from the last 15 years (pre GST) through to cloud accounting software available today, together with the massive impact this is having on not only the way accountants and …