BEST ON GROUND

David Boyar
Accountants building their own communities to support each other through tech change 
https://www.eventbrite.com.au/e/accountants-tech-user-group-tickets-90561902087
The CA automation playbook shows how the bodies can guide and lead without showing preference. 
https://charteredaccountantsanz.force.com/MyCA/s/login/?startURL=%2FMyCA%2Fs%2Ffeed%2F0D52u000001mzqTCAQ&ec=302
The #VDExperiment is a marketing masterstroke by Twyla Verhelst from helm but jus because you can doesn’t mean you should. Check out this great Linked in explainer from HLB Mann Judd Partner Josh Chye explaining Family Trusts. https://www.linkedin.com/posts/josh-chye-b4924a31_taxplanning-taxes-trusts-ugcPost-6629846910117257216-dtIE/ 

Paul Meissner
Congratulations to Amreeta and the Nowinfinity team. $25m sale to Class. Interesting that Class’s head of sales moved on. Does that open the door to Ben Gill taking on the role? Do the sales cultures align? Time will tell. 
SMSF platform makes $25m acquisition 
Dilatory accounting cost Dixons £1.8m. For 8 years this business kept amounts open as accounts receivable. Not great year end accounting procedures not to write off earlier. 
Dilatory accounting cost Dixons £1.8m 
Afterpay, Zip Co get in first with code of practice. It’s a good start with some practical protections for consumers. One wonders what’s missing since there is no independence given the rules are written by those abiding by them. I’d like to write my own views.  
Afterpay, Zip Co get in first with code of practice 

 

WORST ON GROUND

David Boyar
Marketers are geniuses and people are stupid https://www.businessinsider.com.au/coronavirus-corona-beer-not-related-google-trends-2020-1 
Will MyGovID work for offshore staff?

Paul Meissner
Open Banking - What will be the outcome? Predicted to “...“That completely takes the friction out of applying for a mortgage,”. Anyone who has applied for a mortgage knows that the more info you give the more issues come up in the application. I think Open Banking is a poisoned Chalice. 
Open banking and rise of fintechs to disrupt big banks' 'rivers of gold' 
Canberra urged to join the data sharing action - CBA displays a typical protectionist strategy against having to give up data by greedily demanding more. 
Canberra urged to join the data sharing action 
Chat about football or cricket in the workplace should be curtailed, a management body has warned.
Chartered Management Institute head Ann Francke said sports banter can exclude women and lead to laddish behaviour such as chat about sexual conquests.
"A lot of women, in particular, feel left out," she told the BBC's Today programme.
Nanny state gone mad. What would the reaction be if this was to be excluding men? 
Firms urged to crack down on office football chat 

BEST ON GROUND
David Boyar
<ul>
<li>Accountants building their own communities to support each other through tech change&nbsp;</li>
<li><a href="https://www.eventbrite.com.au/e/accountants-tech-user-group-tickets-90561902087">https://www.eventbrite.com.au/e/accountants-tech-user-group-tickets-90561902087</a></li>
<li>The CA automation playbook shows how the bodies can guide and lead without showing preference.&nbsp;</li>
<li><a href="https://charteredaccountantsanz.force.com/MyCA/s/login/?startURL=%2FMyCA%2Fs%2Ffeed%2F0D52u000001mzqTCAQ&amp;ec=302">https://charteredaccountantsanz.force.com/MyCA/s/login/?startURL=%2FMyCA%2Fs%2Ffeed%2F0D52u000001mzqTCAQ&amp;ec=302</a></li>
<li>The #VDExperiment is a marketing masterstroke by Twyla Verhelst from helm but jus because you can doesn&rsquo;t mean you should. Check out this great Linked in explainer from HLB Mann Judd Partner Josh Chye explaining Family Trusts. <a href="https://www.linkedin.com/posts/josh-chye-b4924a31_taxplanning-taxes-trusts-ugcPost-6629846910117257216-dtIE/">https://www.linkedin.com/posts/josh-chye-b4924a31_taxplanning-taxes-trusts-ugcPost-6629846910117257216-dtIE/</a>&nbsp;</li>
</ul>
Paul Meissner
<ul>
<li>Congratulations to Amreeta and the Nowinfinity team. $25m sale to Class. Interesting that Class&rsquo;s head of sales moved on. Does that open the door to Ben Gill taking on the role? Do the sales cultures align? Time will tell.&nbsp;</li>
<li><a href="https://www.financialstandard.com.au/news/smsf-platform-makes-25m-acquisition-153130215">SMSF platform makes $25m acquisition</a>&nbsp;</li>
<li>Dilatory accounting cost Dixons &pound;1.8m. For 8 years this business kept amounts open as accounts receivable. Not great year end accounting procedures not to write off earlier.&nbsp;</li>
<li><a href="https://www.accountingweb.co.uk/tax/business-tax/dilatory-accounting-cost-dixons-ps18m">Dilatory accounting cost Dixons &pound;1.8m</a>&nbsp;</li>
<li>Afterpay, Zip Co get in first with code of practice. It&rsquo;s a good start with some practical protections for consumers. One wonders what&rsquo;s missing since there is no independence given the rules are written by those abiding by them. I&rsquo;d like to write my own views.&nbsp;&nbsp;</li>
<li><a href="https://www.theaustralian.com.au/business/financial-services/afterpay-zip-co-get-in-first-with-code-of-practice/news-story/655184e4add2afd364ef37905c13d650">Afterpay, Zip Co get in first with code of practice</a>&nbsp;</li>
</ul>
&nbsp;
WORST ON GROUND
David Boyar
<ul>
<li>Marketers are geniuses and people are stupid <a href="https://www.businessinsider.com.au/coronavirus-corona-beer-not-related-google-trends-2020-1">https://www.businessinsider.com.au/coronavirus-corona-beer-not-related-google-trends-2020-1</a>&nbsp;</li>
<li>Will MyGovID work for offshore staff?</li>
</ul>
Paul Meissner
<ul>
<li>Open Banking - What will be the outcome? Predicted to &ldquo;...&ldquo;That completely takes the friction out of applying for a mortgage,&rdquo;. Anyone who has applied for a mortgage knows that the more info you give the more issues come up in the application. I think Open Banking is a poisoned Chalice.&nbsp;</li>
<li><a href="https://www.theage.com.au/business/banking-and-finance/open-banking-and-rise-of-fintechs-to-disrupt-big-banks-rivers-of-gold-20191219-p53lno.html">Open banking and rise of fintechs to disrupt big banks' 'rivers of gold'</a>&nbsp;</li>
<li>Canberra urged to join the data sharing action - CBA displays a typical protectionist strategy against having to give up data by greedily demanding more.&nbsp;</li>
<li><a href="https://www.theage.com.au/business/banking-and-finance/canberra-urged-to-join-the-data-sharing-action-20200127-p53v1p.html">Canberra urged to join the data sharing action</a>&nbsp;</li>
<li>Chat about football or cricket in the workplace should be curtailed, a management body has warned.</li>
<li>Chartered Management Institute head Ann Francke said sports banter can exclude women and lead to laddish behaviour such as chat about sexual conquests.</li>
<li>"A lot of women, in particular, feel left out," she told the BBC's Today programme.</li>
<li>Nanny state gone mad. What would the reaction be if this was to be excluding men?&nbsp;</li>
<li><a href="https://www.bbc.com/news/business-51261999">Firms urged to crack down on office football chat</a>&nbsp;</li>
</ul>

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve. 
David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants? 

If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them. 

Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. This podcast won’t be for the faint hearted.

https://www.fromthetrenches.com.au/

From The Trenches

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve. 

David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants? If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. 

It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them. Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. 

This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. 

This podcast won’t be for the faint hearted. https://www.fromthetrenches.com.au/

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve. David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants? If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them. Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. This podcast won’t be for the faint hearted. https://www.fromthetrenches.com.au/

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