111. Live from SOFY Party

Best on Ground

• Get clients who rave about you like Gabi Leibowitz. Post 200m sale https://www.linkedin.com/feed/update/urn:li:activity:6550704110189010944/

• Fan fashion

• Paul’s webinar with BGL. The Modern Compliance firm: https://www.bglcorp.com/event/the-modern-compliance-advisory-firm/

• If H&R Block can go paperless, why can’t you https://www.accountantsdaily.com.au/business/13227-h-r-block-cuts-out-paper-ahead-of-tax-time-2019

Worst on Ground

• Accountants boasting about revenue.

• The economy

• Labour party changing the name of a tax bill is the height of pettiness. https://www.linkedin.com/feed/update/urn:li:activity:6551990734134882304

In Depth:

David and Paul reflect on their 2018 resolutions and share their predictions for the year to come. 

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant. 

110. Fraud and the Role of the Accountant

Best on Ground

• 11% of AU houses are un-occupied - https://www.businessinsider.com.au/solved-the-mystery-of-australias-1-million-empty-homes-on-census-night-2017-7

• My Swedish Robot story - This is the future of AI and it’s what most providers miss: https://www.accountingweb.co.uk/tech/tech-pulse/how-self-learning-technology-will-empower-accountants

• We promote the wrong people https://www.linkedin.com/feed/update/urn:li:activity:6549055446299357184/

• Trent Innes is not moving to MYOB https://twitter.com/trentinnes/status/1143751812161273857

Worst on Ground

• CBA / For Accountants email lists “insert Name”. Worse than CC not Bcc.

• More fear about the rich paying no tax. A data journo mis-interpreting the data: https://www.theage.com.au/money/tax/how-a-millionaire-pays-no-income-tax-20190610-p51w5j.html

• The silent disruption of the accounting industry https://www.benchmarking.com.au/the-silent-disruption-of-the-accounting-industry/

• Automation cuts into profit at firms https://www.afr.com/business/accounting/automation-cuts-into-profit-at-firms-20190518-p51oot

• It started with Paul's website being copied, now accounting firm website plagiarism is rampant. https://www.facebook.com/groups/977122739056681/permalink/1901865956582350/

• Big 4 are Big cheats - KPMG cops a 50m fine for cheating on their oversight boards https://www.accountingtoday.com/news/kpmg-to-pay-50m-for-cheating-on-pcaob-exams

• If a hedge fund doesn't understand how to manage risk, what hope do we have? https://www.afr.com/business/banking-and-finance/hedge-funds/blue-sky-directors-in-shock-at-receivership-20190618-p51yti

In this week's In Depth, Paul shares a client story that explores the role of the accountant in detecting and preventing fraud.

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Interview: John Shepherd, Single Touch Payroll

David sat down with John Shepherd from the ATO to discuss all thing Single Touch Payroll. 

109. Quickbooks Connect 2019

Best on Ground

• Talk about down to earth leadership, Trent Innes is leading from the front on the behaviour he wants in his team: https://www.businessinsider.com.au/xero-boss-if-you-dont-wash-your-own-coffee-cup-dont-bother-applying-for-a-job-2019-5

• New apps:

  • Reckon STP App 

  • Aider.AI - Check out David’s interview with the founder Brendan Roberts here: https://www.sequelcfo.com/thefinancialmentor/episode-2.-your-business-has-nothing-in-common-with-gilette

  • Chata.AI

Worst on Ground

• Small Biz wasting their time with IRR laws: https://www.smh.com.au/business/small-business/one-in-a-hundred-success-rate-sparks-small-business-sacking-reform-call-20190527-p51ri1.html

• Paul’s STP enthusiasm

• Sholto’s Death of Bookkeepers tweet. “Existential threat”: https://twitter.com/sholtomac/status/1134257674009292800 

Indepth: QBC Wrap up, Our Top 6 Takeaways

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Interview: John Dunkerley, Country Manager at Intuit Australia

Coming to you from Quickbooks Connect 2019, David sat down John Dunkerley, Australia Country Manager at Intuit.

The discuss:

• what's next for Quickbooks

• the future of add on app ecosystem 

• app advisory 

• the role of AI in accounting software

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

Interview: Cassie Divine, VP QuickBooks Online Platform Leader at Intuit

Straight from Quickbooks Connect 2019, David sat down with Cassie Divine, Vice President, QuickBooks Online Platform Leader at Intuit, to talk about the global small business landscape and inspiring female business leaders.

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

BREAKING NEWS: Quickbooks Live is coming to Australia - Interview: Rich Preece, Senior VP at Intuit

BREAKING NEWS: Quickbooks Live is coming to Australia.

David sat down with Rich Preece, Senior Vice President at Intuit, to ask the elephant in the room questions about a tech company offering bookkeeping and accounting services.

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

108. 6 Tips for Managing Deadlines

Best on Ground

• We've got 5 free tickets for Quickbooks Connect, enter here: https://www.fromthetrenches.com.au/qbc2019

• Australian Accounting Awards https://twitter.com/jak_knight/status/1131815074748817408?s=19

• The bank of intuit https://twitter.com/mattpaff/status/1131657258968862720?s=19

• Effective accounting marketing https://m.facebook.com/watch/?v=851256128545958&_rdr

• Great staff Venn Diagram: https://www.linkedin.com/feed/update/urn:li:activity:6527289717006966784

Worst on Ground

• David at Accounting Awards

• Purple bricks: https://www.afr.com/real-estate/residential/purplebricks-to-quit-australia-20190507-p51kzo

• Jamie Oliver

• Jason Andrew’s post on the startup Anki shutting down after raising more than $200 million: https://www.linkedin.com/feed/update/urn:li:activity:6528776576727941120

Indepth: 6 Tips for Managing Deadlines

107. The "Miracle" Election

Best on Ground

Xero results are in and boy oh boy did the market like what they saw. 

https://www.xero.com/blog/2019/05/full-year-results-2019/

Yet again, Accountants feature on the most trusted profession list but how are lawyers so high?

https://twitter.com/VladoBotsvadze/status/1129016560537001986?s=19

A win for the good guys as accountants deductions remains https://www.accountantsdaily.com.au/tax-compliance/13036-cap-on-deductibility-of-accountants-fees-off-the-table-as-liberals-hold-government

ATO STP client list i just what's needed. 

ATO SMSF infographic is filled with data!

Quickbooks connect is next week! Use SPEAKERFRIEND discount code for 40% off  and hear David speak about  “Transitioning technical workers into business leaders”

https://au.quickbooksconnect.com/speakers/

Worst on Ground

Be ware of the very salesy accounting coaches who seem to have a huge add spend on Facebook at the moment. If you get a coach, make sure you know what their background is.
More fear selling 

https://www.odyssey-resources.com/2019/05/workpapers-australian-accountants-dirty-little-secret/

In depth

The election produced one of the great upsets of all time! Paul and David discuss their 3 takeaways. 

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL. 

106. Freedom - with special guest, Emma Tibbals

This week, Emma Tibbals, joins Paul and David for a hearty conversation on freedom and what that means.

Emma is currently studying her Bachelor of Commerce, majoring in Accounting at Monash University and a Student Representative for CAANZ.

Hear an emerging accountant's views on gender diversity, what freedom means and the threat posed by STEM jobs.

Best on Ground

• Great practical content for small business Vanessa Bamford: http://www.vbbusiness.com.au/work-smarter-not-harder-calculating-break-even-point/

• Great breakdown comparing the 3 Accounting professional bodies by Amanda Loves to Audit - https://youtu.be/6Qg39Zo6sZk

• Workflow automation explained – top 5 tips from the experts - https://www.charteredaccountantsanz.com/about-us/ca-catalyst/insights-and-guides/workflow-automation-explained-top-5-tips-from-the-experts

• Accounting Web SWAG review https://twitter.com/AWebTom/status/1124319489611456513  

Worst on Ground

• CAANZ Vote - https://www.linkedin.com/pulse/chartered-accountants-australia-new-zealand-member-vote-con-abbott

• Do you need to be qualified: https://twitter.com/brettnealcpa/status/1119602270138585088?s=21

• More Franchising issues: https://www.theage.com.au/business/workplace/bubble-bursts-for-tea-chain-giant-chatime-over-underpayment-20190424-p51gt0.html?btis

• Super ‘’Battle of the Sexes’’ clickbaits https://www.superguide.com.au/comparing-super-funds/gender-gap-super-boards-large-funds-perform-poorly

Indepth: Freedom - with special guest, Emma Tibbals

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL.