Public Practice On Demand

Public Practice On Demand has been curated to offer highlights from the 2016 conference.

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Public Practice Conference On Demand

KN1: The future of the profession and the power of advice

Speaker: Alex Malley FCPA, Chief Executive, CPA Australia

The future of accounting practices is based on value-added advice, built on trust. Building on core technical competencies, practitioners have an opportunity to improve their practices and their clients financial well-being. Alex will explore CPA Australia’s commitment to helping practitioners stand out in an increasingly competitive environment.

KN2: The Australian perspective – 2016 and beyond

Speaker: Peter Munckton, Chief Economist, Bank of Queensland

It is crucial to focus on how we ensure Australia’s long-term prosperity in the global economy, and the contributing factors to our local state needs and economic position.

This session will cover the short-term outlook and the ongoing performance of the Australian economy, the current federal political climate and financial positions, and its implications for Australia and business over the next 12 months.

KN3: How to blend consulting with compliance in your practice

Speaker: Peter Knight FCPA, Business and Franchise Accountant, Knight Partners Pty Ltd

With compliance services under increasing pressure more accountants are looking to add advisory services to their service mix. Peter Knight has blended business advisory with his compliance work to add a more complete offering to clients, and they love it. In this session Peter will show you how to incorporate business advisory services on a progressive basis into your firm. He believes there is still a role for compliance, but it should expand to more fully meet our clients’ needs.

A1: Keys to the kingdom

Speaker: Brett Hart, Managing Principal, Cleary Hoare Solicitors

The growth of blended families and multiple structures holding increased wealth have increased complexity for advisers involved in estate planning. Providing advice can be extremely difficult to ensure that the right persons get control of the right assets. This session will examine practical strategies to ensure that the "keys to the kingdom" end up in the right hands.

A2: Offshoring – the real risk, and how to get it right from the beginning

Speaker: Mike McHenry, Principal Superannuation Advisors Australia

With compliance services under increasing pressure more accountants are looking to add advisory services to their service mix. Peter Knight has blended business advisory with his compliance work to add a more complete offering to clients, and they love it! In this session Peter will show you how to incorporate business advisory services on a progressive basis into your firm. He believes there is still a role for compliance, but it should expand to more fully meet our clients’ needs.

KN5: Tax advice – the present and the future

Speakers: Peter Docherty, General Manager, Public Practice, CPA Australia; Colin Walker, Assistant Commissioner Practitioner Risk and Consultation, Australian Taxation Office

In this presentation Peter Docherty and Colin Walker from the Australian Taxation Office provide an update on the Reinventing the ATO Project and examine:

  • What clients want from their accountants 
  • The progress of the move from ELS to SBR
  • Digital by default strategy
  • The future of the tax profession
  • Emerging threats and opportunities

B2: Innovative solutions to build an awesome team

Speaker: Tanya Titman FCPA, Managing Director, Consolid8

This session will focus on ways to achieve a positive team culture and boost productivity through:

  • flexible work arrangements
  • childcare options
  • wellness programs
  • team innovation initiatives

B3: Practice payday – how to increase your income, influence and impact without giving up your life

Speaker: Grant Herbert, The People Builder

You are excellent at the technical aspects of your profession but you really wish you had the same ability to deal with all the other stuff.

People issues consume way too much of your time and energy and constantly distract you from doing the stuff that makes you money.

You want to go home at the end of the day and switch off but you go to bed every night thinking about the problems in your practice.

In this highly engaging presentation, Grant will show you:

  • three signs of a broken practice model and how you can avoid them
  • three strategic shifts you make to give you more income
  • impact and influence
  • nine steps to a successful practice and what you need to do to implement them

C3: The convergence revolution

Speaker: Steven Eager, Managing Director, MYP Corporation Pty Ltd

The predicted rise of business advisory in accounting firms has seen many false dawns. While a lack of vision and execution has characterised this space in the past, legislative, technological, blurred industry boundaries and competitive changes may mean the advisory revolution is finally at the door. Accounting firms must either embrace the convergence revolution or be left as price takers in the advisory supply chain.

D2: “Real world” budgeting for SME clients

Speaker: Tracey Loubser, Principal, Confident Cashflows PLUS

An effective budget is the starting block to small business improvement. If prepared correctly, it can provide clarity, focus and direction for key decision makers both initially and over a long period of time. But, without the correct structure, and proper implementation, the value of a well prepared budget, is wasted.