Latest Articles
Wisdom from Jack Daly on vision, culture, systems and time
In late April, I attended the annual conference run by my old employer Panalitix. The overall theme of the conference was “focus”. I believe this is one of the most important words for any business and I loved the acronym that we were reminded of: Follow One Course...
Five priorities for a new financial year
With a new financial year in Australia about to kick off it is not too late to plan for the year ahead if you’ve not done so already. Here are my suggestions to make FY18 a great year. Articulate your values Get clear on your vision Get clear on your mission Have a...
What business people can learn from air traffic controllers might surprise you!
I have more than a passing interest in aviation. I find it a fascinating industry and as young adult in Canberra I would sit on top of a hill overlooking the airport with a small radio and listen to the conversations between air traffic controllers and pilots....
Energy, focus and will power – learnings from a wise man
In late April, I attended the annual conference run by my old employer Panalitix. I have attended this every year for six years and it never fails to impress. Some of you would know that for three of the prior four I was the MC so of course they were particularity...
What is on your pre 30 June to do list?
We are approaching two months out from the end of the Australian financial year end. A great time to identify your goals for between now and EOFY. My view is that these goals will be both in respect of your clients and your own business. In short, I’d like to see...
The Importance of Sleep for Professionals
In the CAANZ Accuity magazine in February/March 2017 there was an article by Ben Power called “In praise of sleep”. It has prompted me to consider the subject further and its relevance to professional such as accountants and lawyers. Ben Power’s article makes...
Steering the Ship – What Carnival Cruises Teaches Accountants
I recently attended an Australian Institute of Company Directors lunch where Ann Sherry AO, the Executive Chairman of Carnival Australia was the speaker. She is the person who over the last 10 years has literally turned this ship around, with an increase in revenue of...
ASIC Data on Corporate Failures Highlights Opportunities for Accountants
Although not widely publicised, ASIC reports annually on company failures. Their report is based on the reports received from insolvency practitioners when they investigate company failures and report the causes to ASIC. The report for 2015-16 shows that of 9,465...
Simon Sinek on Leadership
On Friday 3 March I attended the Start With Why Leadership Forum headlined by Simon Sinek. I’ve prepared a brief summary of my insights from this. For those who have not heard of Simon, he is one of the thinkers and speakers of the moment, having been made famous by...
Three Technology Issues to Avoid
Tax Practitioners Board (TPB) Practice Note on Cloud Computing The TPB issued a Practice Note called TPB(PN) 01/2017 Cloud computing and the Code of Professional Conduct on 25 January 2017. The note outlines how accounting firms will be liable for how their client's...
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