21. Accountants are the Real Heroes & The S in COSBOA

From The Trenches

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 - don’t screw this up. I’m ready to celebrate the success of this. https://www.cosboa.org.au/post/small-businesses-set-for-boost-with-spend-local-campaign

David Boyar:IR reform - We need actual representation of small business at the table so it's unions v big corporates
https://www.theguardian.com/australia-news/2020/may/28/morrison-government-will-push-on-with-ir-reform-even-if-unions-and-employers-cant-agree

Best on Ground

Paul Meissner

Staying in touch with staff remotely is super important and this is a great quiz. Good example of responding.
https://www.smartcompany.com.au/coronavirus/atlassian-employee-survey-open-source/

Taking the mickey out of your boss isn’t grounds for dismissal apparently. BP dragged this out for 2 years and took it to the federal court. Just for offending management.
https://www.news.com.au/national/courts-law/worker-wins-twoyear-battle-to-take-the-piss-out-of-bosses-with-hitler-meme/news-story/3df34d53f3ceb09886adf0a619d5cb8c

A lot will be written about the future of work and the office. Online booking seems to be an obvious change. Not sure hotdesking dies in the end. Large commercial offices face a bigger test I feel.
https://www.itnews.com.au/news/nab-nixes-hotdesking-in-favour-of-app-bookable-desks-548390

Trust the data, what do you need a human to check it for. There are never errors…

Political fighting here is interesting. Treasury is separate to government, staffed with the same people (largely) irrespective to who’s in government. Government always blamed.
https://www.afr.com/policy/tax-and-super/later-60b-jobkeeper-error-discovered-20200522-p54vkm

David Boyar

Accountants are the real heroes
https://twitter.com/JosephCarrozzi/status/1263968097389514756

Peter the Great graces accountants
https://us02web.zoom.us/webinar/register/6815904703351/WN_42ybOi-pT6mkRw1II7eBHg

Would David be this aggressive in app marketing? Or is it just something BGL can get away with?
https://www.bglcorp.com/2020/05/25/not-all-corporate-compliance-and-smsf-admin-software-is-the-same/

Worst on Ground
Paul Meissner

Payroll is complex, errors bound to be made. Fair work found for the employee but hard to not see this go higher up the courts.
https://www.afr.com/work-and-careers/workplace/qantas-dealt-blow-over-jobkeeper-payments-20200524-p54vve
https://www.afr.com/companies/professional-services/we-want-you-back-in-the-office-law-firm-tells-partners-20200524-p54vv6

End of year BS tax articles by people who don’t know their stuff.
https://www.westpac.com.au/news/money-matters/2020/04/making-sense-of-wfh-tax-tweak/

David Boyar

Advocacy: Too Little too late?
https://www.accountantsdaily.com.au/tax-compliance/14412-practitioners-potentially-misled-by-ato-s-jobkeeper-turnover-guidance

Does anyone know what EY is talking about?
https://twitter.com/BrandDNA/status/1265280824141701121/photo/1

AI/ML Universities and job ready candidates
https://twitter.com/filippie509/status/1265356259621912576

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