About the Author
David is a director of Smithink 2020, and one Australia's most experienced specialist independent IT and process consultant having over 30 years involvement with accounting businesses. He was managing partner of PKF, Sydney; he created PKF CRS and Superfund software, and coaches many small firms. He was the 2003 National President of the Institute of Chartered Accountants in Australia. He has also conducted due dilligence on many firms pre purchase. He is the chairman of Patronus Risk Specialists, and the advisor to a numer of suppliers to the accounting industry.
Accountants have always been criticised for being experts in hindsight; able to tell client’s where they’ve been but not really able to help much on where they exactly are now or where they might be. The problem was that accountants didn’t have access to up-to- date data. Clients used to send records to their accountants often months after the end of the financial year. This made it difficult to establish th
These days we spend more time looking at screens almost anything else. About the only time I look at printed material is when I'm on a plane and all the devices have to be turned off. What is worth pondering is whether these connected to the Internet devices with their large amount of storage is changing the way we think. I pick up my Kindle. It has the capacity to hold the contents of a complete library. Now I do
The latest technology revolution isn’t just under way, it’s about to get bigger. Hot on the heels of the "consumerization" of IT is a new uprising, one poised to forever change how we use technology at work. Known as "Bring Your Own Device," or BYOD, it promises to provide the workforce with increased flexibility and mobility while possibly lowering costs for IT departments. The consumerization-of-IT revo
As readers are aware, the ongoing review by the government in the provision of financial services continues. One of the issues is the removal of exemption that permits accountants to discuss issues relating to pros and cons and the establishment of self managed superannuation funds. It appears that the only way a practitioner could have the holistic discussion is to ensure that they will be licensed by either esta
Have you ever seen what happens to a 20 year old when they lose their smartphone? It's the end of the world! The current generation that has grown up with the internet has an expectation that they will always be connected. They want instant access to the information they need and to be able to connect with people important to them whenever they like, regardless of geographical location. While we older people ha
One of the great challenges for firm leaders is to be able to delegate effectively. It is critical that they do so. Most often capacity shortages are highest for the senior people in the practice. Delegation is enabled by good processes and training. Well documented processes enable less experienced team members to follow the documented steps which are supplemented by checklists and other tools to assist them in comp