At the recent B1G1 conference Diane chatted with Nicky Mih.

Nicky Mih Managing Director of sex trafficking prevention organisation Free to Shine (https://www.freetoshine.org).

Nicky Mih is a woman who makes things happen. Originally from England, she decided when she was 13 to emigrate to Australia. She's lived and worked in England, Greece, Cambodia and Australia. With a degree in psychology, a post-grad in education and a diploma in coaching, Nicky has taught children across England and Australia, coached principals and surgeons and was a presenter of a weekly radio show.

Diane and Nicky cover a range of topics including making a difference, teaching life skills and the misguided notion that you need a lot to give.

We hope you enjoyed that conversation between Diane Lucas and Nicky Mih.

B1G1 is a social enterprise and non-profit organization which helps small- and medium-sized businesses achieve more social impact by embedding giving activities into everyday business operations www.b1g1.com

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

Earlier this month Di was at the B1G1 conference

At the conference Di caught up with Tim Wade who was speaking at the conference (as well as being a B1G1 member).

Tim is a motivational speaker based in Singapore who speaks about leading change and motivating positive results. He runs change workshops for teams going through organisational transformation enabling them to develop creative solutions in order to take advantage of opportunities.

In this interview Di and Tim talk about a whole range of different things including carbon offsets, doing better things and how 30 cents can make a huge difference!

B1G1 is a social enterprise and non-profit organization which helps small- and medium-sized businesses achieve more social impact by embedding giving activities into everyday business operations www.b1g1.com

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

This week Diane Lucas, super star bookkeeper, consultant and owner of Direct Management caught up with Paul Dunn.

Paul is a hugely respected and admired business leader and a four-time TEDx speaker as well as being the Chairman of B1G1.

B1G1 is a social enterprise and non-profit organization with a mission to create a world full of giving. Unlike conventional giving models, B1G1 helps small- and medium-sized businesses achieve more social impact by embedding giving activities into everyday business operations and creating unique giving stories. Every business transaction (and as a result, the business' day-to-day activity) can impact lives for as little as just one cent.

Paul and Diane discuss a lot of things, connecting with clients and each other, giving Paul's addiction to Trump (Yes, Donald) what www.B1G1.com is and a whole lot of other interesting topics.

Now on to today's episode.....and Diane and Paul Dunn.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

The thought of giving back to the community in some way appeals to many and often translates to donating cash to a charity or community.

This can be the town and city you live in or somewhere anywhere in the world.

There are many, many ways you can do this, many of which don't even require any monetary contribution.

You could donate your skills, volunteer to help. There are plenty of ways you and your business can give to the world out there.

It's important that you find some way that your business can give back.

Giving back makes you feel good.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

When you start a business, you learn a lot by trial and error.

You might spend money on the wrong things, choose the wrong business name, or target the wrong clients.

You also need to work exceptionally hard.

In this weeks episode, Diane and Kane discuss whether they have any regrets in starting and running their businesses and in the careers as well as how to deal with anything you may have got wrong.

Because we have all got things wrong in business it's how you react to them and learn from them that is important a lot of the time.

It's OK to have regrets as long as you don't dwell on them to much and let them define you.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

Branding is a way of identifying your business. It is how your customers recognise and experience your business. A strong brand is more than just a logo; it's reflected in everything from your customer service style, staff uniforms, business cards and premises to your marketing materials and advertising.

Defining your brand is like a journey of business self-discovery. It can be difficult, time-consuming and uncomfortable. It requires, at the very least, that you answer the questions below:

•What are the benefits and features of your products or services?

•What do your customers and prospects already think of your company?

•What qualities do you want them to associate with your company?

Both Diane and Kane have been through this process in great detail and we discuss our process and stories in this episode of The Bookie & The The Beano.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

As an accountant or bookkeeper we have all experienced a client (or another professional) handing us a set of financials which just don't add up.

There are three primary reasons why someone manipulates financial statements. First, in many cases, they have a direct incentive to paint a particular picture of the financial condition.

Second, it is a relatively easy thing to do. The Financial Accounting Standards Board (FASB), which sets the GAAP standards, provides a significant amount of latitude and interpretation in accounting provisions and methods. For better or worse, these GAAP standards afford a significant amount of flexibility, making it feasible for corporate management to paint a particular picture of the financial condition of the company.

Third, it is unlikely that financial manipulation will be detected.

So when we come across this from a client or another financial professional how do we deal with this?

We discuss this in this episode of The Bookie & The The Beano.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

The end of May saw the QuickBooks Connect (QB Connect) event hit Melbourne for the first time and The Bookie and The Beano were there in attendance.

In fact both Kane and Diane were engaged to speak at the conference and managed to find time to record live from the exhibit floor.

In this episode we discuss the highlights of the conference as well as the different sessions and app partners we had seen over the 2 day conference.

There was plenty to see and discuss.

The video recording of this session is on our YouTube channel: https://www.youtube.com/watch?v=fEJgCNWFajg&feature=youtu.be

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

Rhondalynn Korolak is Australia's leading expert on Value Pricing and how it can be implemented in an accountancy or bookkeeping firm.

Value Pricing is the process of uncovering and quantifying the pain points, transformations, feelings and perceptions that render price a non-issue, and highlight your proposed solution as the only sane option. It's the only way to avoid "sticker shock" and the constant threat of price objections.

Effective and profitable pricing can only happen by understanding your customer's desired state of the future, and that begins with scope of value, not scope of work. Rhondalynn lays out the strategies you need to transform your firm's business model, and create a better future for your customers, employees, and you.

She is a fully qualified lawyer and chartered accountant and is considered a leading expert at business acceleration, the power of influence and mental toughness. She is the author of "Financial Foreplay" and "Pricing Value" and has been featured on Channels 7 & 9, Sunday Life magazine, Sydney Morning Herald and 3AW.

Hear what she has to say in this episode!

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.

Recently Kane was asked to co-chair a webinar with Alan Fitzgerald from Practice Connection and Gavan Ord from CPA Australia and the topic....a really basic guide to advisory.

For the bookies out there don't tune out.

We are not saying compliance is dead (in fact both Kane and Diane's businesses still do plenty of compliance)

This is also not just for accountants, it's equally as applicable to bookkeeping businesses.

It's probably stuff you already know, but it's worth hearing again.

So this episode includes the very knowledgeable Alan Fitzgerald from Practice Connections, CPA Australia and myself discussing a very basic guide to starting advisory work if you're an accountant or bookkeeper.

Enjoy.

Diane (The Bookie aka Bookkeeper) from https://www.directmanagement.com.au and Kane (The Beano aka Accountant) from www.activeoutsourcing.com.au and www.accountancyonline.com.au are professionals practicing who encounter these issues and many more every day.