10. Toilet Paper Deductibility, Superman's Tech & The Corporate Credit Card is Back

BEST ON GROUND

David Boyar

An actual solution to app overwhelm  

https://www.linkedin.com/posts/clarity-street_claritystreet-accountingbusinessexpo-guidedtour-activity-6640510264502476800-FZga 

The only Coronavirus question worth asking - Can my SMSF buy toilet paper?

https://twitter.com/samrotberg/status/1234951004853948416?s=20

Is corporate compliance the saviour of bookkeepers?

https://twitter.com/DTramma/status/1235086009336885248?s=20

Welcome back to the fat corporate credit cards and account execs as 500 Audits jobs hit the market.

https://www.afr.com/companies/professional-services/the-audit-quality-inquiry-interim-recommendations-at-a-glance-20200303-p546ez

Paul Meissner

BGL is Xero’s app partner of the month

https://www.linkedin.com/posts/ronlesh_bgl-making-compliance-easy-in-the-cloud-activity-6640031630868217856-EayO/

Breaking free of datacenter legacy thinking

Data storage on glass

https://www.youtube.com/watch?v=W0ntAnqJ_7c&feature;=youtu.be

Three social media terms that I wish would die:

1. Storytelling

2. Authenticity 

3. Thought leadership

I hate them because at best they are meaningless, and at worst they are misleading.

The Thought Leadership part is hilarious. 

https://twitter.com/mkobach/status/1234300379107676160

UK finally allows digital signing of Trust deeds. 

https://www.lawgazette.co.uk/law/electronically-signed-deeds-are-legal-lord-chancellor-confirms/5103306.article#.Xl5xGi0XAFs.twitter

WORST ON GROUND

David Boyar

Yikes, Deloitte gets slammed, and rightly so. 

https://www.accountantsdaily.com.au/business/14092-full-federal-court-rips-into-deloitte-appeal

A deeper understanding of accounting explains why movie food is such a rip off. 

https://twitter.com/investing_city/status/1234908202577231872?s=20

https://twitter.com/plalor/status/1235020236878794752?s=20 

Paul Meissner

Corona Vivus and the mass hysteria. Media to blame. Quickbook Connect cancelled (only major Accounting cancellation (for now). F1 GP is still on. Toilet paper gate. 

https://www.accountingweb.co.uk/tech/tech-pulse/quickbooks-connect-cancelled-due-to-coronavirus-fears

A chartered accountant, Mr Nisbet was a senior manager at KPMG for over a decade before his most recent role as a director at BDO’s Adelaide office.

Mr Nisbet said he aims to demonstrate his worth as an active tax adviser, rather than a reactive one, in his new role.

“A reactive tax adviser lodges tax returns, gets defensive and careful under audit, and is able to get the job done. However, they are not necessarily the first person a client calls outside of compliance season,” Mr Nisbet said.

“Aside from delivering technically accurate advice and quality thought leadership to clients, an active tax adviser knows that tax decisions are not made in a vacuum.

“Tax advisers must gain their clients’ trust to offer honest appraisals, provide a ‘whole of firm’ approach to solving problems and identify opportunities outside the box.”

https://www.accountantsdaily.com.au/appointments/14096-new-mid-tier-principal-calls-for-more-active-advisers

Pre-insolvency industry has far too many skeletons. Sad that it happens but glad they get caught and dealt with. 

https://www.accountantsdaily.com.au/business/14085-money-laundering-pre-insolvency-adviser-gets-5-years-jail

About Us

From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Change GPS. Proudly sponsored by BGL and The Outsourced Accountant. See omnystudio.com/listener for privacy information.