26. Time for action on accountant letters!

Accountants may be stereotypically seen as more interested in numbers than in people, but the profession is all about relationships

January 08, 2023

Welcome to the Accountants Chat newsletter!

Well, i’m sure everyone is officially back in the office after a well deserved holiday break! It will be interesting to see what the accounting industry has install for 2023. If you’d like a bit of lite reading to kickstart your 2023 working year, here’s some of the recent accounting news:

1. Mid-tier accounting firms fight off big four poaching efforts. Funding options widen for SME’s. Australia’s leading mid-sized accounting firms say they are being forced to offer salaries 10 per cent higher than the big four, increase bonuses and speed up promotions to stave off attempts by the top end of town to recruit experienced staff. Read more. 

2. Accountants have a role to play in the nature crisis. Earlier this year, chief executives from the world’s 10 largest accounting institutes – including Chartered Accountants Australia and New Zealand – called on accountants to help organisations protect and restore natural resources. Read more.

3. Taking a people-centric approach (and why it works). Accountants may be stereotypically seen as more interested in numbers than in people, but the profession is all about relationships, says Julian Hutabarat CPA. Read more.

4. Time for action on loan letters, professional bodies told. CA ANZ’s “just say no” advice on loan letters has struck a chord with Accountants Daily readers who have called on the professional bodies to take a stronger stand on the issue, find a solution, and even ban members who comply. Read more. 

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