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Accountants are the Real Heroes & The S in COSBOA

Accountants are the Real Heroes & The S in COSBOA

Released Thursday, 28th May 2020
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Accountants are the Real Heroes & The S in COSBOA

Accountants are the Real Heroes & The S in COSBOA

Accountants are the Real Heroes & The S in COSBOA

Accountants are the Real Heroes & The S in COSBOA

Thursday, 28th May 2020
Good episode? Give it some love!
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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 - 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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From The Podcast

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/

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