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Assess and implement a healthy work/life balance

Creating a healthy work/life balance isn’t just helpful to you or your staff’s well-being, it’s an important step in maintaining a functioning and successful accounting firm. With reports of burnout, peak season stress, overwhelm, and lack of retention – it’s no secret that in order to perform at your best, you and your firm need […]

In profile: Brian Nugent

Customer support manager Brian Nugent discusses the appreciation he and the wider delivery team receive from Advancetrack’s accountancy clients. What is your current role and responsibilities? I’m the customer support manager – it’s a role I’ve held since it was created in November 2020. This primarily entails me looking after the support desk, i.e. tickets […]

In profile: Ashlea McElhone

Advancetrack catches up with Ashlea McElhone, who is looking to leverage her previous time working with us to supercharge our engagement with the accounting community. What is your current role and responsibilities? I’ve joined as marketing manager. We have a bunch of amazing people working with Advancetrack to drive awareness of the brand and engage […]

The benefits of outsourcing your accounting audits

Offering auditing services can be a great way for accountancy firms to expand their service proposition while generating more revenue and growth, but completing this kind of work with your existing in-house team can be a real challenge if you also have a full range of other accounting services to fulfil to your usual high standards. 

gbX and Accountex – an events season in three days 

After one of the busiest weeks for the accountancy profession, Advancetrack’s Vipul Sheth takes stock.  The three days…  It seems strange starting a blog with a summary. But, in truth, so much has gone on that, looking back on the past three days, it’s more about the feeling you’re left with.  And my feeling is […]

Six soft skills for success

One of the best ways to succeed within the accounting industry is to improve not only on your technical knowledge, but to work on essential soft skills to create a well-rounded experience for your accounting firm and your clients.  Brushing up on your soft skills can elevate your firm to be able to deliver your […]

Part two: Four strategies to manage retention within your accounting firm

accountants reviewing outsourced accounts payable

Our last blog covered the retention challenges facing the accounting industry within Australia. From tight competition within the recruitment sector to burnout to a national skills shortage – it’s no secret that the Australian accounting world needs to address concerns regarding retaining hard-working and loyal staff. The culture surrounding the industry has changed and with […]

Part one: Retention challenges in the Australian accounting industry

In the Australian accounting industry, retention rates are a challenge with many accounting firms reporting experiencing a high turnover rate coupled with a shortage of skilled and driven accountants. A study from CFO Brew found that turnover within CPA firms averaged 15% and in professional services firms, including the Big Four, averaged 13.4% in 2022. […]