5 tips on handling stress for the upcoming tax peak season
A 2024 study from Deakin University found through their annual ‘Counting On U’ index that accountants reported that 56% of participants were feeling stressed or burnt out by their workload. The Victorian based university took a stance for small business accounting and bookkeeping firms when creating this annual report as a way to monitor the […]
Australian Accounting conferences to look out for in 2026
Whether you’re just starting out in the industry, or you’re a seasoned accountant, conferences are a great way to connect, learn and be inspired by Australian and overseas professionals looking to provide insight into the world of accounting. 2025 saw a range of conferences both in-person and online, aimed to bring together accountants and auditors […]
5 mistakes accountants make and how to avoid them
Comfortability can be a curse in any industry, and the accounting sphere is not immune. In order to grow and prepare for a brighter future, comfortability should be shattered, and the mistakes of the accounting industry must be examined. Any successful professional will view their mistakes from a lens in which they can learn. Embracing […]
Slashing the red tape: taxation modernisation for Australian accountants
As of January 2025, the taxation landscape within the Australian accounting industry was poised for a significant transformation. Spurred on primarily by technological advancements and changes in tax policy, Treasurer Jim Chalmers has called for the slashing of red tape throughout the industry making it easier to work within the compliance sphere and to look […]
From gbX Brisbane to Xerocon
Advancetrack MD Vipul Sheth takes us through two weeks of travel and great conversations as the team spent time talking with Australian and New Zealand accounting practitioners. It’s been a busy and exciting time for the Advancetrack team – involving some serious air miles to Australia and back. First up was me. I had the […]
Green accounting: sustainability and the accounting industry
The Australian Accounting Standards Board (AASB) has enacted mandatory reporting from January 1, 2025 for corporations and other entities to disclose climate related risks and opportunities in relation to their business to be rolled out until July 2028. The accounting industry is directly responsible to collect, analyse, and report on the social and environmental impacts […]
How to help your clients analyse their finances
Your clients come to you as an accountant with a range of financial queries, looking to you to guide them through some of the biggest decisions concerning their business. With business advisory services stepping to the forefront of the industry, accountants across Australia need to be engaging their clients to analyse their financial landscape. Whether […]
Going global
Advancetrack is taking new territories into consideration. Such a move will see it stick to what it’s knows best: world-class outsourcing, offshoring and podsourcing® services, writes MD Vipul Sheth. Advancetrack has been very UK-centric for a long time. And the UK will remain an integral place for where we offer our services. But, in tandem, […]
How to secure new clients and retain loyal clients in the new financial year
With a new financial year on the horizon, it’s time to take stock of your annual performance with your existing client base and focus on securing new clients so your accounting firm can continue its growth. After the peak season haze of tax time settles, you’ll have the space to be able to focus on […]
Remote working 101: The benefits, challenges and how to overcome them.
According to Accountants Daily, a significant portion of Accounting jobs within Australia now have the option to work from home. 1 in 4 job advertisements for accountants in 2024 offered some form of remote or hybrid working arrangements. A study from Seek found that across the board, 9.5% of all job advertisements within Australia offer […]