Mission Control

A Practice Ignition blog about accounting, professional services and technology.

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Accounting
Are you currently undertaking additional grant work? Are your scope and engagements up to date to mitigate your practice’s risk of scope cre...
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Do you tend to cringe when clients ask you to do more than the work they’ve originally hired you to do? Or when they take up your time, pick...
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When you shop at the grocery, you can see the price of the apples, posted right there on the bin. No one is having that awkward conversation...
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It’s almost the end of the financial year (EOFY), which means one thing: review time. Client reviews are great - but internal reviews can be...
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Jeffery Davidson is President of Jeffery Davidson & Associates, a full-service accounting practice based in the outskirts of Houston, U.S. W...
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Let’s start at the beginning, what are Merchant Fees? Put simply they are charges that a business incurs from using certain payment types, p...
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The word “agile”— almost like some kind of balloon — gets bopped around in business circles quite a bit nowadays. We know you’ve heard it. T...
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How often do you find yourself saying there isn’t enough time in the day?Chances are you can relate to the 95% of attendees who joined our w...
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Bringing on new clients is a critical part of running an accounting firm. New clients help you grow your practice, further develop your expe...
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Generally speaking, tax season—the four-month-long period where tax professionals diligently set about collecting their clients’ financial f...
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Congratulations! You’ve checked a massive do-to off your list: sent out your engagements for 2021. You're ready to start the work and let Pr...
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Most of us will know that producing engagement letters is a hassle that we have to deal with in order to stay in line with our regulatory bo...
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As you may well have seen, the Australian Financial Security Authority (AFSA) recently declared that accountants are one of the six most com...
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It’s hard to believe that we're now into the final days of 2020. While most of us will be happy to see the end of what's been a challenging ...
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2020 has been turbulent to say the least. On top of accountants and bookkeepers having to contend with lockdowns and isolation, they’ve also...
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We hope you’ve planned some time off over the holiday period to rest, relax and spend time with family and friends as you prepare for 2021. ...
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Accountants are undeniably business experts. Unfortunately, however, many aren’t pricing experts. There’s no set formula when it comes to pr...
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It’s Global Bookkeeping Week, but this iteration feels very different to previous years. As I sit back and reflect on the multitude of chall...
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As accountants and bookkeepers across Australia prepare to help their clients assess eligibility for the next round of JobKeeper, let’s take...
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Have you ever had a fee dispute with one of your clients?Have they ever been unhappy with the services that you’ve provided or the timeline ...
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What’s the difference between a good accounting practice, and a great accounting practice? Is it revenue growth, widespread client satisfact...
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It’s crunch time for many accountants out there. The pandemic has had a widespread effect on the global economy, and as such, businesses are...
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In the latest instalment of ‘Conversations over coffee’, I caught up with Aly Garrett, founder of All in Advisory and one of our Top 50 Wome...
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Everything’s a little topsy-turvy right now. Across the world, countries have been hit by immense tragedy and sharp economic decline. It’s a...
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Regardless of where you sit in the advisory vs compliance space, there is no doubt that Covid-19 and specifically the JobKeeper Scheme have ...
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Working with your client to extend payment terms during an economic downturn is key to providing a stellar long-term relationship for both p...
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Practice Ignition is thrilled to welcome Jennie Moore and Josh Lance as we round out our Head of Accounting team for North America. Welcome ...
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This week, we’re very pleased to announce our inclusion in the 2020 AFR Fast 100! It’s an exciting moment for us to be recognised as Austral...
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By connecting Xero with Practice Ignition you can already automate your invoices in Xero, saving you hours on manual tasks each month.Now, w...
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As an accountant, you manage a lot of apps on behalf of your clients. Changes to cloud accounting subscriptions can mean you need an easy wa...
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Today, Practice Ignition is excited to welcome Damien Greathead to the team as Head of Marketing. As a seasoned leader in cloud accounting, ...
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Moving away from hourly billing to fixed pricing is certainly a trend these days. The trouble is, not everyone knows how to establish prices...
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As 2019 draws to a close, we'd like to say thanks for being a part of the Practice Ignition community. Let's reflect on the year that was. B...
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Last month, we had the pleasure of attending Xerocon London. Or what has now been dubbed... ‘Glastonbury for accountants’.And this year’s Xe...
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But will you be relaxed when January comes around and you’ve come to find a stack of outstanding invoices?Many businesses find themselves un...
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We’re thrilled to welcome Rebecca Mihalic to the Practice Ignition team as our Head of Accounting (APAC). An entrepreneurial spirit with ove...
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Today, Practice Ignition is delighted to welcome Emma Crawford-Falekaono to the team as Head of EMEA. With a proven track record of leading ...
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Today, Practice Ignition is delighted to officially welcome Jackie Brian to the team as Chief Revenue Officer. As a seasoned leader and all ...
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We’re thrilled to announce that David New will be joining us in the new year as our Head of APAC. Given his CV includes senior leadership po...
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Today, Practice Ignition is proud to welcome Matt Kanas to our Toronto office as Head of Americas. Hailing from Intuit Canada where he led D...
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Having a clear view of your firm’s revenue performance so you can properly manage your business is something we’re pretty serious about at P...
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Practice Ignition is pleased to announce our A$26 million raise led by Tiger Global Management. This Series B raise will enable us to contin...
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If you slipped back to business as usual this week, all you picked up from the conference was post-xerocon blues and a suitcase full of swag...
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You’ve survived the onrush of EOFY and you’re resetting for the rest of the calendar year. But as you take a quiet moment to enjoy your coff...
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You’ve just made it through a slew of deadlines in May and now you’ve got one month to attack the End of Financial Year. You’ve got a lot to...
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Caitie Copley is the CFO of Accodex, a multi-award winning accounting firm with highly qualified accountants across Australia and the United...
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Accounting practice management software is the one topic that can go 100 different ways depending on who you ask. Let’s be honest it’s a lit...
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Late last year we asked the world to tell us who you believed to be the top women in the accounting industry. Who were your mentors, who wer...
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Many people see engagement letters as a burden and a waste of time. That’s the wrong mindset to have. Engagement letters are an important to...
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Accounting automation to date has purely focused on the client accounting ledger. We’ve seen some innovations come into the practice managem...
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Blake Oliver, the creator of Cloud Accounting Weekly, and a well-known name in accounting sat down with us to chat about his life, experienc...
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58% of the accounting professionals said they were dissatisfied with the profession as their reason for exiting their firm in the next 12 mo...
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From October 7th, CPA Australia will no longer have its limited liability scheme. Having failed to renew their Professional Standards Scheme...
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Accountants and Bookkeepers commonly fall into the trap of dropping their fees at the negotiation table. At Practice Ignition, we want you t...
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Whether you’re a small or mid-sized accounting firm, your competition is determined by how efficient you are, how well you differentiate you...
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Entitled and lazy. Idealistic and uncompromising. At this point, we’ve all heard generalizations about Millennials. And it’s pretty apparent...
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Pricing your services like products Your baseline is a product, it leads to a value added service. In this blog we’ll run through how...
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At Interactive Accounting I produced our first few pricing plans and sets of fixed fees with no guidance (or anyone to have feedback session...
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