As Accountants, we like to see our Clients operating at high levels of efficiency and generating healthy profits.
Many businesses invest a significant amount in human resources including compensation, recruiting, training and benefits so it’s important to use these resources wisely.
Read MoreTopics: Business Improvement, Team Development, Accountability
Business leaders rely on the accounting function for a variety of purposes. One of these is compliance, but leaders should have much higher expectations of their accounting function.
Let's look at how a multiskilled accounting function can provide critical support to enable the best outcomes.
Read MoreTopics: Business Evaluation, Business Improvement, Tax Planning, Debt Management, Business Continuity Planning, Cash Flow, Efficiency, Profit, Growth, Optimisation
The employment environment is always changing…as workers consider their options and businesses look for flexible, cost-effective solutions.
Read MoreTopics: Business Improvement, Employment, Accountability
In business, there is such a thing as a ‘good problem’.
One example is a business which provides a good product or service in high demand by customers. The business needs to produce more and invest in marketing, sales, and customer management. There’s an opportunity to grow which should be good news… but what happens when the business doesn’t have the cash to fund this growth?
Read MoreTopics: Business Improvement, Wealth Creation, Growth
COVID-19 has had a big impact on employment, though the impact is not yet fully understood.
No doubt there will be positive outcomes, like employees leaving unrewarding jobs to pursue new challenges. Likewise, some businesses will ‘rationalise’ their workforces to better serve shareholders, customers and employees.
One thing won’t change. Most businesses will still need people to complete certain work. And some of these people will be ‘employed’ (as opposed to engaged as contractors or consultants). For now, finding employees is more competitive in most industries and businesses are working harder to position themselves as attractive employers.
Read MoreTopics: Business Improvement, Team Development, Employment
