Accountants Daily Podcast Network

In this episode of AD Insider, chartered accountant and storyteller, Heather Smith, and chartered accountant and partner at The Bean Counters, Tyler Caskey, are back with tech updates for the third quarter of 2024.

Smith and Caskey touch on multiple topics in this episode, sharing the latest news about features, functionalities and updates in the accounting technology world.

Key highlights from the episode include:

• The 3 * 3 Strategic Vision shared by Xero’s CEO at Xerocon Nashville.
• AI-rich NetSuite updates from Suite World and Cloud World, Las Vegas.
• Intuit’s Enterprise Suite release and MYOB’s new partnership with Silverfin.
• Testing Australian-based Pinch Payments alongside solutions like Stripe and GoCardless.
• Funding announcements from Re-Leased and ProjectWorks and acquisitions including Tradify.

Smith and Caskey will speak at the upcoming Access All Areas event hosted by ChangeGPS on Wednesday, 27 November in Melbourne.

UTH has been launched to provide more technical insight and discussion into the accounting industry’s ins and outs. Hear firsthand what is going on behind the scenes, who is making waves and how changing legislation and requirements continuously impact accountants, their roles and their interactions with clients. We are thrilled to introduce the head of tax education at Accurium and Tax Banter, Lee-Ann Hayes, to co-host this new podcast branch. Hayes will join journalist Imogen Wilson on UTH to chat with industry stakeholders and facilitate a more practical and sophisticated conversation.

ChangeGPS general manager and popular accountant advocate, David Boyar, jumps onto AD Insider to share his views and opinions on the current activity in the accounting industry. Boyar shares his passionate views about the disadvantages accountants have faced over the last year, and how these will likely persist into 2025.

Touching on aspects from policy reform and rapidly changing obligations to professional body activity and AI adoption, Boyar expresses his perspective on it all.

The episode also announces the Access All Areas event hosted by ChangeGPS in Melbourne on 27 November. The event is designed by and for accountants to connect and learn from one another during an overwhelming and uncertain time.

On this episode of AD Insider, Alan FitzGerald dives into the world of AI and how accounting firms can use it to transform their processes, operations, and services.

Founder of Practice Connections Advisory, FitzGerald shares his extensive experience, knowledge, and personal opinions on AI and how it can elevate the accounting industry during a time of significant change.

Touching on all aspects from benefits and challenges to risks and forecasts, FitzGerald bases his discussion on findings highlighted in the recent Changing the Game report by Intuit QuickBooks. FitzGerald says AI is the way forward for the accounting industry – tune in to this episode of AD Insider to find out why.

If you’d like to discover how Australian accounting firms are leveraging technology to stay ahead of the competition and secure their future success, download the full report at intuit.me/accountanttech for valuable insights, practical tips, and real-life examples.

Momentum Media is thrilled to be hosting the sixth annual Women in Finance Summit and Women in Finance Awards in Sydney on 15 November.

In the sixth episode of the Women in Finance Podcast series for 2024, sponsored by CPA Australia, host Imogen Wilson is joined by Jenny Wong, tax lead of policy and advocacy at CPA Australia.

Tune in to hear about:

• How Wong found herself working within the tax advisory space.
• The benefits and challenges working in tax can present.
• Advice for young up-and-coming women in the tax profession.

And much more!

Parras & Associates accountant Nick Parras and Pristine Finance broker Marinko Radomir share how working together has helped support their clients and strengthened their businesses.

In this latest episode of Accountants Daily Insider podcast, host Miranda Brownlee and Annie Kane, managing editor of The Adviser, speak to Nick and Marinko about their specialisation in high-net-worth and medical professionals and how they work together to deliver the best outcomes for these clients. 

Tune in to find out:

• How working with brokers can also benefit accounting firms. Tips for finding broking partnerships that are the right fit for the accounting firm.
• Shared and unique challenges in each profession.
• How they work with high-net-worth clients.

Paul Dove joins Imogen Wilson on this week’s episode of AD Insider to discuss how outsourcing can benefit accounting firms in light of current issues and industry struggles.

Cloudstaff is a remote staffing solutions provider that helps innovative companies around the globe find their “dream team” of staff.

Dove is the senior vice president of sales at Cloudstaff and is quite the guru when it comes to the ins and outs of outsourcing. He shares his personal experience and knowledge of how this mechanism can help transform and alleviate the accounting industry. 

Dove chats about his role at Cloudstaff, his personal experience and shares his knowledge of how this mechanism can help transform and alleviate the accounting industry.

Lana Weldon and Doriena Parsons from Moore Australia jump onto AD Insider to discuss the current talent shortage in the accounting industry. Sharing their passion, experience and love for the industry, the power duo touches on why the accounting industry is struggling to attract young talent, why they aren’t being retained, and what we can do to change it.

Like all industry members, Weldon and Parsons emphasise the point that accountants aren’t just “number crunchers” but creative minds that help our economy achieve anything and everything.

As a collective it is up to the accounting industry, its peak bodies and companies to portray the lifestyle, work, possibilities and opportunities available to young talent in the accounting profession.

Ex-accountant-turned-mindset coach and psychotherapist Danii Nastov shares the importance of overcoming overwhelm in the accounting industry. Like any professional career, there is a certain expectation to be consistently “firing on all cylinders” when in reality, this is neither achievable nor sustainable.

Nastov provides insight into her career as an accountant, the overwhelm, stress, and burnout she constantly experienced and how she eventually managed to pull herself out of this cycle.

Nastov touches on where this “hustle culture” and expectation comes from, as well as how to recognise and deal with it while maintaining a strong and consistent work ethic.

Partner and director of Accru Felsers, Steven Zabeti, shares key lessons and insights from his long and successful career as an audit specialist. Following his recent award win as partner of the year, Zabeti offers valuable advice to younger accountants aspiring to move up the career ladder and chats about some of the challenges and wins from his own career.

He also reflects on the evolution of technology throughout his time in accounting, his firm’s approach to innovation, and where he sees the future of accounting heading.

Zabeti also discusses how his firm’s focus on quality and teamwork has led to its positive client outcomes and the expansion of the firm.