Lifting the hood of business
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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 ...
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1. Can CA regulate the profession? | MYOB's ripper new add | The biggest innovation in 10 years
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As Statler said to Waldorf, the witty old blokes in the VIP box on the Muppet show; “There’s a lot to be said about this program.” To which Waldorf quipped back; “Too bad you can’t say it on a family show!” The bothed harrumphed and probably cut to a clip of Kermit trying to get animal ready for his next scene. And in the spirit of that nostalgia T…
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My Father was a public practitioner for 40 years and my family lost him this year. One day, everyone of your families will be in this position. This episode, might be important to them. At some point in your life, it might be important for you. The first 8.5 minutes of this episode I talk about Dad. He came to Australia with very little, was brough…
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2. Death of Accountants Exemption | Economic Own Goals | Xero's state of the union
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This show was recorded in mid February but thanks to Dave being busy getting the ChangeGPS new TaxPlan Advanced product ready we had a delay getting it out. Oh how we long for the days 6 years ago when we'd record and publish in a 2 minute workflow. Before we begin.....To The Xero's...https://www.linkedin.com/feed/update/urn:li:activity:70394892855…
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While the entire world changes in response to war, inflation, the Covid Era work habits that are sticking round and Jim Chalmers attempt to alter the course of capitalism, our pertinacious host Paul Meissner proudly declares that TECH WILL NOT CHANGE (even though he knows ChangeGPS will drop 3 new products this year)! Before we dive in, a huge than…
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19. CAANZ Can Canvass (during the AGM) | Trenches Awards | RIP Simple Fund Desktop
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We are brought to you by ChangeGPS LIVE FROM BRISBANE https://www.eventbrite.com.au/e/changegps-live-from-brisbane-tickets-460588100407 Best on Ground Trenches Award Finalists https://awards.fromthetrenches.com.au/ GET YOUR TICKETS NOW and enjoy some early bird pricing Could the real CAANZ Members please stand up? YES!!!!! https://www.linkedin.com/…
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14. CAANZ AGM a "Sales Pitch" says 25 year member
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Today's CAANZ AGM was a "Sales Pitch" According to 25 year member Thomas O'Brien. Thom asked a question at the AGM, he got a response but doesn't feel he got an answer, in fact he doesn't feel heard at all. In this episode Thom gives his time to share his experience of trying to be heard by CAANZ during an AGM where CAANZ stated they were listening…
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11. Action Required: Does CAANZ deserve a pay rise? (DEADLINE: 10.00AM Wednesday)
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This is one of the hardest episodes we've recorded. Both David and Paul have such pride in achieving our CA designations, the quality of the CA program and the effort it took to complete the program. We feel that the current CAANZ doesn't represent the needs, interests or wants of public practice members and the board asking for votes at the AGM fo…
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12. Why did we launch the Australian Accounting Industry Awards?
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The Australian Accounting Industry Awards looks to celebrate hard-working accountants, bookkeepers, and leaders of the industry for 2022. Hailed as the Brownlow medal night for the accounting industry. These awards highlight the efforts and grit of our public practitioner community during arguably one of the toughest periods of their career. Jo…
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15. What Happens When Xero Goes Down? With Xero CTO Mark Rees
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When Xero goes down does CTO Mark Rees get a red alert alarm in the middle of the night? Is it red flashing lights and blaring alarms? Listen to find out as Paul Meissner goes 1:1 with Mark Rees at Xerocon See omnystudio.com/listener for privacy information.By David Boyar
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14. What are financial services and why does Xero have them with Leigh O'Neill EGM - Global Financial Services @ Xerocon
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There are so many new payment apps now. Some of them are payments but cheaper and other build great workflows to solve business problems you currently have. And there is a ton of work being done to help banks understand Xero data. And the person overseeing this strategy is Xero's Leigh O'Neill. Check out our other Xerocon Interviews. 4 Minutes and …
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12. 4 Minutes and 31 Seconds with Jo Lyons @Xerocon
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New Xero APAC Managing Director Jo Lyons has the energy one needs to take on this enormous job. In this 4 minutes and 31 second floor walk interview Jo and Paul capture the energy of Xerocon. Check out our other Xerocon interviews Financial Services and Xero - What and Why with Leigh O'Neill - EGM Financial Services Where's the product? With Mark R…
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12. Xerocon: Coachella or Community for Accountants?
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It's a nervous feeling as we get ready for for the biggest gathering of the industry in 3 years with the 3,000 odd attendees slightly eclipsing the 13 odd people who went to the IPA crypto conference. This is the retail junket we have all been looking for, the most accessible one that has sold out by attendees, was over sold to sponsors and stands …
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11. CA's Review Rollercoaster | Workplace TV | Nonsense Mission Statements
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Best on Ground Tyler Casky takes the Moral High ground on paid influencers https://www.linkedin.com/posts/tylercaskey_i-love-little-innovations-like-this-they-activity-6964724147667025920-k72D/?utm_source=linkedin_share&utm_medium=member_desktop_web The rise of Workplace TV Madmen Succession Halt and Catch Fire Silicon Valley Industry https://www.n…
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10. Cheating at KPMG | Ethical Difference Makers?| Xero Reports
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What a week to make worst on ground. No matter how hard you tried, some other company did it worse. Xero are pulling their much loved version 1 reports. That was a show until… KPMG got caught cheating and CA did barely anything about it. That was a show until… CAANZ took 18 months to do what little they did causing all three accounting bodies to ge…
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8. The Dext Generation | Interview with Dext CRO, Alistair Newman
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The orange, and widely loved Dext (Previously Receipt Bank) has had an interesting run. Widely regarded as the best technical product for receipt automation, it's been a different couple of years for this fast paced start-up! Dext Chief Revenue Officer Alistair Newman says they're bigger, and better and have new ways to build relationships with you…
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7. IPlAte | Xero still the big pull? | Tech Staff Changes
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Best on Ground Accounting Coaches that prove their value – with a p and l! https://www.linkedin.com/posts/sharonsnetwork_business-accounting-coaching-activity-6923203081497182208-EN8M/?utm_source=linkedin_share&utm_medium=android_app Even when McKinsey stuffs up they win https://twitter.com/MattZeitlin/status/1517279854135107584 What happens after …
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6. Systemic Failure of the Accounting Bodies | Tinder for Tax | Fast Collapse
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Best on Ground Paul Tech wont change your life much in the next ten years - here’s why https://twitter.com/sweatystartup/status/1505125330817802244 Fast Collapse: https://www.axios.com/fast-checkout-startup-collapse-029d1601-6d4f-43a4-b816-bd4b15771bbe.html AccountexAU launch What it needs to prove: That it can make a fair profit for it’s substanti…
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5. 5 Year Anniversary Special LIVE | What should have changed | What will change
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5 years ago Paul Meissner stood in the door frame of David Boyar's office at the fancy co-working space WorkClub on Collins St Melbourne. It was so fancy, by co-working standards that it hard original parquet floors. Arguing about something Xero had just done Megan Velo, who seemed to do all of David's client work, suggested the two should start a …
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2. Change the reason your firm exists | ReckonOne growth |TikTok Regulators | IPA's Junket strategy
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Listen to learn:- The major announcement - the trenches team is expanding How changing your firms purpose can win the war of talent in the accounting industry Why it is hard to establish relationships in the accounting sector How the world would be if it only had accountants Governments blaming accountants for their forecasting faults Why tech comp…
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1. $1,000 for a demo | Fake Resignation | Too many accountants
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Welcome To 2022 - where all you need to do is not stay at home and live a little to start enjoying life again. Best On Ground David The cool young accountants are sharing their salaries on Reddit https://www.reddit.com/r/AustralianAccounting/comments/s0fjr0/salary_thread/ Staff need the best tech to work well at home so the practice leaders should …
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8. Men Vs Women: The Gender Pay Gap Convo That Is So Hard to Have.
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2022 has produced a focus on gender inequality in the accounting industry with both CAANZ and Intuit producing detailed reports about the current state of play. Sometimes the story is told as a battle of Men v Women and that likely won't produce results that bring positive returns to firm owners and positive experiences for accountants impacted. Fo…
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8. Elon Musk is an Accountant | Award Winners Go to Jail | Stop Polling Us
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Listen to hear Paul Meissner flinch as someone who clearly isn't an accountant get's called on and these other fine stories. Best on Ground David There are a lot of acquisitions going on https://www.datadear.com/blog/2021/09/we-are-pleased-to-announce-the-technology-acquisition-of-datadear-by-intuit/?fbclid=IwAR0D2o4544adL3nTl8CZkh0G1pgC5oKN2suk0WZ…
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8. Want 8x ROI? Invest in Mental Health for Staff
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David chats to ICB CEO Amanda Linton and Beyond Blue Deputy Chair Kate Carnell about why we should view investment in Mental Health training the same way we view investment in technology. Register for their Summit Session https://summit.fromthetrenches.com.au/talks/mental-health-session/ Sign up to the New Access Program https://www.beyondblue.org.…
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What happened? It was Orange, it was loved, now it's Dext, it's three things not one and got dealt a savage hand by pockets of the social media world. But the strategy makes sense if you dig in to it. Listen to David Boyar ask Paul Lodder - Product Domain Expert (and a seriously accomplished accountant), What happened to Receipt Bank? Want more? Re…
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6. Trenches Summit: 54 Speakers / 5 Industry Bodies/1 Government Agency/19 partners
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54 Speakers 5 Industry Bodies 19 Event Partners 2 Plucky Hosts 1 Awards session Stupid amounts of CPD September 13 and 14 2021 https://summit.fromthetrenches.com.au/ See omnystudio.com/listener for privacy information.By David Boyar
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3. Worst On Ground: Virtual Summits - We'll fix them.
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Get your early bird tickets to the Trenches Summit right now to keep up to date with a summit that has the best of the best without any of the worst. https://summit.fromthetrenches.com.au/coming-soon/ Best on Ground Paul Speed Dating with your work hat off helps you compare apples with apples when considering tech solutions. David Learning has genu…
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2. Compliance is..................not perfect.
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Compliance is not dead, but it's not perfect so David Boyar interviews Paul Meissner to get the state of compliance revenue. The biggest problem is how revenue is generated. Some tech companies try to solve this by assuming revenue from compliance is a dying source but no one in practice really believes it's going anywhere. In this episode David Bo…
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1. It's Back-ish: Trading Trusts and Cotchy Vs Xero
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A linked in post titled Cotchy Vs Xero shows how well the accountant, Pat Mannix from Paris Financial, understood his clients (startups) and how different they were to the needs of his traditional 70 staff practice in Melbourne. Like most accountants Pat is passionate about what matters to his business, and his clients. Listen to hear why:- Client’…
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120. Lazy Accountants? Real Leaders, Excels Dynamic Arrays
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Best on Ground Paul Meissner A fact sheet released by the corporate regulator highlighted it would cost members $13,900 to operate a self-managed super fund, as well as a 100-hours-a-year time commitment. The ATO has refined these figures, showing operating expenses are closer to $3,923 a year. https://www.smsfadviser.com/news/18950-ato-figures-thr…
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23. Social Sycophants & Ideas That Aren't Worth Spreading
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The rant episode years in the making. Online lives are fake for both business and personal. This is spoken about often in our personal lives but when people are big noting themselves in business platforms, we're worried about the impact on our business lives. Anyone can post any view or opinion they have now as fact. Facts no longer matter. Science…
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45. Digital Signing Booms, Returning From Home & 2 Self WOGs
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The Weekly Challenge The feds are handing out support cash industry group by special interest group. It seems the squeaky wheel is getting the oil as industry leaders claim mass extinction if they don’t get aid:- $1b. For construction Money for the arts Grants for renovations My challenge, is to develop a strategic funding arrangement that set us u…
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21. Accountants are the Real Heroes & The S in COSBOA
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NEW SEGMENT!!! With so much change afoot we're challenging our institutions and leaders to actually have the back of the small businesses they keep saying are the backbone of the economy. Paul Meissner: I’ve long been critical of Cosboa, far too friendly with the medium end of SME, Their conference excluded small and micro business. My challenge - …
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20. MYOB Job Cuts, Death of "XX", Scotie Pippen & Excel
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Best on Ground Paul Meissner Best and worst. Best - Interesting view admitting that advisory disappeared in the last few months. Worst - Rob Nixon wrote this 10 years ago, firms globally are living this now. https://www.accountingtoday.com/opinion/our-profession-has-changed-forever David Boyar Strong Excel Twitter game https://twitter.com/msexcel/s…
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44. Live! With Ron Lesh, Lee Duffield and Nat Lennon
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This is a live recording of our inaugural live web event. The chat box exploded as the audience interacted with this weeks show and with the awesome feedback we promise Trenches Live will be back soon. After the usual best and Worst BGL Founder and CEO Ron Lesh is taken of the Lesh and delivers his usual direct shot of reality into the debate amids…
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Best on Ground Paul Meissner Xero builds good stuff, quickly. https://go.xero.com/bas/jobkeeper Denmark has announced any companies registered in tax havens will not be eligible for state aid programmes during the pandemic “The government also said that companies which pay out dividends, buy back own shares or are registered in tax havens won’t be …
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In this Zoom recorded episode Trent Innes, Xero's head in Au and Asia talks about:- How Xero got their JobKeeper products in the market so quickly Why the Xero Community facebook activity has exploded Tips for managing remote teams What the future of work is Why you need to be responsible for the work/life changes you want to make after this crisis…
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18. ATO Success, Mental Health & Bad Info Graphics
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Best on Ground Paul Meissner Great mental health guide shared by Nickie Sheehan https://www.linkedin.com/posts/meissnerpaul_mentalhealth-stress-accountants-activity-6656739104723738624-xqMw ATO working miracles. For people who will whinge over the coming days and weeks, get over yourself. Tyler Wise https://www.linkedin.com/posts/tyler-j-wise_in-th…
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Here's the breath of fresh air you need. A Classiv Paul Vs David - Is this Hell Week? Paul Meissner - YES! Get everyone in there with a grey definition of income for the turnover test Multiple stages to this, register, enrol, meet wage condition (payroll STP), employee details, monthly reporting Become clients Payroll officer is not something accou…
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16. Bookys V Accountants & Big 4 Profiteers
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Best on Ground Paul Meissner This AI-powered robot can make 300 pizzas in an hour. Wanted to start with something lite given the week we are all having. https://www.facebook.com/watch/?v=509562289686979 Laneway Greens online Pivoted online. Busier and more profitable than ever. Staff costs and complexity and inflated rents have held businesses back…
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This episode is a personal reflection on what the Accounting industry is going through at the moment. Accountants are handling a mountain of client queries and every day seems like an avalanche of emotional conversations with clients. It’s stretched many accountants and bookkeepers to the limits both physically and emotionally. In this episode, Pau…
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BEST ON GROUND Paul Meissner Compliance is king Baby!!!!! - Jobkeeper, jobseeker, 30% revenue fall, monthly? Quarterly? Bank loans, ATO debt management. Accountants. We are doing it tough but we are also helping each other and supporting each other. Well done. Taking a moment to celebrate @Ron_Lesh 31 years of service @BGLdot. Thank you for your am…
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13. Stimulus Response w/ insolvency expert Dom Calabretta, MackayGoodwin.
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This interview with Mackay Goodwin founder Dom Calabretta gives you expert insight into retail, restaurants and key things accountants need to know before tipping a company into liquidation or voluntary administration. Dom and his team are offering From the Trenches listeners a free 20 minute consultation to discuss your client client’s situation. …
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11. Practical COVID-19 Advice, BDM's for Firms, KPMG Cheaters
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Thanks for waiting as Paul and David co-ordinated their COVID-19 responses to clients over the week. This episode was recorded Week ended 6 March, don't worry we'll get up to date next week! BEST ON GROUND Paul Meissner Finally some practical rather than fear based information. Great Jacinda Ardern video, these infographics and a blog from Gusto’s …
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10. Indepth: 6 Ways We'd Stimulate Your Economy
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David Boyar https://dynamicbusiness.com.au/topics/news/senators-urged-to-pass-equity-bill-that-could-see-smes-flourish.html Don’t reinvent the wheel with political point projects Fund national infrastructure priorities https://www.infrastructureaustralia.gov.au/sites/default/files/2020-02/current_priority_list_%20february_2020.pdf https://www.infra…
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10. Toilet Paper Deductibility, Superman's Tech & The Corporate Credit Card is Back
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BEST ON GROUND David Boyar An actual solution to app overwhelm https://www.linkedin.com/posts/clarity-street_claritystreet-accountingbusinessexpo-guidedtour-activity-6640510264502476800-FZga The only Coronavirus question worth asking - Can my SMSF buy toilet paper? https://twitter.com/samrotberg/status/1234951004853948416?s=20 Is corporate complian…
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9. Interview: Wealth is Growing Faster Than Accounting with Malcom Stewart
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In this special episode David interviews Malcolm Stewart from MJS Business & Financial Services. Malcolm met David at the Perth Xero Roadshow and asked to be on the podcast. Turns out we’re in the business of making dreams come true. In this episode you will learn: The best, safest investment strategy Managing through the wealth industry revenue mo…
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BEST ON GROUND David Boyar Accounting Business Expo has made major changes to the lineup https://www.terrapinn.com/exhibition/accounting-business-expo/The-Plenary.stm You are competing on user experience only https://www.linkedin.com/feed/update/urn:li:activity:6635430455967612928/ The importance of compliance professionals https://www.eurekareport…
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BEST ON GROUND David Boyar The IPA reckon play is a flashback to the glory days of quickbooks re entering the market, but with a genuine CPD benefit https://email.publicaccountants.org.au/v/54796/32838338/email.html?k=qVWxTtVmHbh-BjRjW1DRerTjS2nWTWtv0cF5ROg5K38 How good and easy to read is this excel summary. https://www.linkedin.com/posts/lotfi-ga…
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BEST ON GROUND David Boyar What if we think about change as a way to reduce our own redundancy risk? https://generationcfo.com/2020/02/11/automation- redundancy-risk-is-fake-news-heres-why-part-two/ PI Women in accounting The best summary of the receipt app race right now. https://www.accountingweb.com/technology/accounting-software-news/come-place…
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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/?startUR…
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