95. Special: News Week
/Best on Ground
David
[02:00] We say farewell to Nicolette Maury who has stepped down from Country Manager at Intuit. CHECK OUT OUR INTERVIEW WITH NICOLETTE IN OUR INTUIT FROM THE GENERALS EPISODE
[04:15] Practice Management software is the biggest let down in the cloud space - almost 5 years on and we’re not getting this wishlist prepared by Lisa Callaghan https://www.linkedin.com/pulse/20140817064002-150577399-the-future-of-accounting-practice-management-software/?trk=hp-feed-article-title-comment
Paul:
[07:30] Congratulations to Deb Anderson on becoming a director of the Tax Practitioners Board
[08:30] We all got excited when the story of Michael Cranston’s involvement in his son’s scam hit the press and now, he has been acquitted. https://www.afr.com/news/policy/tax/michael-cranston-acquittal-afp-loses-its-26-million-scalp-20190214-h1b9l9
[11:55] We all have cognitive bias https://www.visualcapitalist.com/18-cognitive-bias-examples-mental-mistakes/
[13:00] Xero Americas have respond to the Intuit bookkeeping service: https://www.xero.com/us/partner-programs/partners/commitment/
[15:20] Check out this great business resource https://www.business.gov.au
Worst on Ground
Paul:
[19:00] We discovered that app providers at the Xero roadshow were sharing email addresses. If you do this, please stop. As participants we don’t consent to it and it may be illegal.
[30:08] Futrli continues to push their own agenda in content marketing. This line in particular is not helpful because it isn’t true ““#Accountancy is a profession continually divided on the best way to serve clients. “https://www.futrli.com/advisory/can-advisory-and-compliance-coexist-in-2019/
[36:05] ASIC have a new logo design, it cost $40k, and it is exactly the same
[38:00] MYOB advisor: https://twitter.com/shailanpatel/status/1097261665433804800?s=21
[42:30] Emoji number plates in Queensland, what’s wrong with letters and numbers? https://twitter.com/7newsbrisbane/status/1097415619148795908?s=21
David:
[22:28] Franchising in the bad books again, The Yoghurtland story, a franchise system developed by an accountant who sold stores to his clients is a case study in bad old school franchising. David recommends what should have happened (besides the obvious massive conflict of interest) https://www.smh.com.au/business/companies/cold-case-the-inside-story-of-yogurtland-australia-s-icy-franchise-dispute-20190216-p50yb1.html
[43:40] ABC seems to have no idea what an accountant does in this deeply confusing article https://www.abc.net.au/news/2019-02-18/financial-planning-accountants-and-conflicted-remuneration/10820526