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From The Trenches

In the age of FAKE NEWS, brave souls are needed to fight through the noise and give accountants in practice the support and information they deserve. David Boyar and Paul Meissner share a passion for the role Accountants play in the Australian economy. As the engine room of the economy, small - medium businesses rely on their accountant for technical knowledge, business acumen and professional (and often personal) support. As the way accountants work (through technology) and service (through new services like Virtual CFOs) changes, we have to ask If accountants are helping their client’s, who is helping Accountants? If you read the Accounting Industry news and listen to the industry leaders then the Accounting industry is at war. It’s a war against technology, the ATO and even UBER (apparently). The problem is that most of the leaders have never worked in practice. They are subject matter experts but can't offer the perspective of someone who had to actually have conversations with clients about implementing technology, actually moved to value pricing, actually compared technology features and how an entire team may be impacted by them. Each week in this podcast, 2 plucky Chartered Accountants will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following a simple podcast formula, David and Paul will deliver rapid value straight to your earphones. With segments like ‘best and worst of the week’, ‘Fake News exposed’ and a the rapid format ‘5 questions in 5 minutes’ special guest interviews, what more could you want. This podcast won’t be for the faint hearted.https://www.fromthetrenches.com.au/

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117. How To Sell To Accountants

Paul Demo’s not lectures. I don’t want to hear your views on timesheets, how I bill my clients, etc. I want to see the product and what it does.  Practice your pitch(s). “It does everything” - NO, “it’s for every client” - NO. What’s the problem it solves, how does it solve it and what do the results look like. Pick 3  You don’t need to show everything the system does. People won’t remember the lot, so just impress them with 1-2 big things. Find the problem it solves for the person/people you are addressing. Are they new to cloud, established, etc.  Swag - useful not plastic David Ask me about my business first and change your pitch depending on the answer If you aren’t experienced, don’t try to close Try to start a relationship, accountants are slow buyers About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


27 Aug 2019

Rank #1

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121. In depth: Remote Working, The Struggle

Paul Meissner Unable to switch off.  5 out of offices in 10 years.  Being able to work remotely gives a false sense of being able to do it effectively.  Remote working is often glorified as beaches, etc. I needs to be the same work intensity just a different location.  Family holidays and the challenge.  About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


22 Oct 2019

Rank #2

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4. Indepth : Advice To My Younger Self

Paul Meissner Advice to my younger self Comes from: https://twitter.com/AliciaLMoreau/status/1206751875686469633?s=20 Try anything (audit, reception, advisory or compliance) Extra 1hr per day makes a big impact, especially technical reading or asking why  Make the right decision with the right information Don't be outcome focused, just be your best Client communication - personal interaction, not all online Output focused, not time focused (timesheet issue) David Boyar Fun work is still work  Keep Stumbling  Call out for help (mental help episode)  Network is only worth what you give to people. Keep giving  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.


28 Jan 2020

Rank #3

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127. Poking the BGL Bear &  Data Vis. Your Fish & Chips

BEST ON GROUND Paul Meissner Xero nab integration vs online banking Paid in Xero vs free online banking Still need online banking for account transfers Not all bills in Xero (including payment details) Wages payment don’t create a bill in Xero Office 365 rollout for global big 4https://www.techcircle.in/2019/12/06/kpmg-earmarks-5-bn-digital-transformation-push-enters-into-five-year-pact-with-microsoft Great visualisation of the Timeline of startup funding:https://www.linkedin.com/posts/luiserazo_startupfunding-activity-6607792953941458944-EuY3 David Boyar Xero Hubdoc BE on Time Revenue analysis Features: need to use Xero Expenses Good for xero What does it mean for open eco system (Function v verticle)  Social comms  The Data Visualisation of the year award goes to…...https://www.theage.com.au/national/victoria/what-is-a-standard-serve-of-minimum-chips-one-man-is-trying-to-find-out-20191202-p53g3y.html Incredible transparancy from a franchisor in Russia https://www.linkedin.com/feed/update/urn:li:activity:6610152918978965504/ Finally a valuable facebook group that doesn’t end in big noting or time wasting complaints https://www.facebook.com/groups/977122739056681/ WORST ON GROUND Paul Meissner Corporate compliance startup attacks incumbents and gets called out. https://www.linkedin.com/posts/luke-moran-professional_too-many-asic-compliance-software-providers-activity-6608115595936440321-LHUT David Boyar 50% of companies behind on lease standard implementation https://www.accountantsdaily.com.au/tax-compliance/13825-over-50-of-organisations-falling-short-on-lease-accounting-standards About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


13 Dec 2019

Rank #4

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110. 110. Best and Worst on Ground: The silent disruption of the accounting industry

Best on Ground 11% of AU houses are un-occupied - https://www.businessinsider.com.au/solved-the-mystery-of-australias-1-million-empty-homes-on-census-night-2017-7 My Swedish Robot story - This is the future of AI and it’s what most providers miss: https://www.accountingweb.co.uk/tech/tech-pulse/how-self-learning-technology-will-empower-accountants We promote the wrong people https://www.linkedin.com/feed/update/urn:li:activity:6549055446299357184/ Trent Innes is not moving to MYOB https://twitter.com/trentinnes/status/1143751812161273857 Worst on Ground CBA / For Accountants email lists “insert Name”. Worse than CC not Bcc. More fear about the rich paying no tax. A data journo mis-interpreting the data: https://www.theage.com.au/money/tax/how-a-millionaire-pays-no-income-tax-20190610-p51w5j.html The silent disruption of the accounting industry https://www.benchmarking.com.au/the-silent-disruption-of-the-accounting-industry/ Automation cuts into profit at firms https://www.afr.com/business/accounting/automation-cuts-into-profit-at-firms-20190518-p51oot It started with Paul's website being copied, now accounting firm website plagiarism is rampant. https://www.facebook.com/groups/977122739056681/permalink/1901865956582350/ Big 4 are Big cheats - KPMG cops a 50m fine for cheating on their oversight boards https://www.accountingtoday.com/news/kpmg-to-pay-50m-for-cheating-on-pcaob-exams If a hedge fund doesn't understand how to manage risk, what hope do we have? https://www.afr.com/business/banking-and-finance/hedge-funds/blue-sky-directors-in-shock-at-receivership-20190618-p51yti See omnystudio.com/listener for privacy information.


4 Jul 2019

Rank #5

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122. Xero Awards, Auto-entry & Costco’s Business Model

BEST ON GROUND David Boyar The power of Paul Meissner who is a finalist in the Xero awards for Cloud Champion. https://twitter.com/storminwalker/status/1179811595570036736?s=20 Congratulations Paul https://www.xero.com/au/events/xero-awards/ Customer Focused Fine Print for Financial products. https://www.smartcompany.com.au/finance/fintech-asic-financial-services/ Paul Meissner Sage buys Autoentry.https://www.sage.com/investors/investor-downloads/press-releases/2019/09/27/sage-announces-acquisition-of-autoentry/ Hubdoc to Xero, AutoEntry to Sage, what’s next... Costco is a fascinating business. You know all those groceries you buy?  Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees.https://twitter.com/investing_city/status/1179974257779982336?s=21 PwC Is Spending A Massive $3 Billion To Upskill Its Employees. Number of employees 250,930 (2018)https://pulse2.com/pwc-3-billion-upskill-employees/ WORST ON GROUND David Boyar Paris Financial channels Donald Trump in a post that  tells people “You gotta ditch your current accountant. Seriously!”https://www.linkedin.com/posts/ugcPost-6575255094957350912-ucvT The gig economy is not the future, data proves it https://hbr.org/2018/10/myths-of-the-gig-economy-correctedhttps://oversharing.substack.com/p/everything-we-thought-we-knew-about-the-gig-economy-is-wrong Paris Financial channels Donald Trump in a post that  tells people “You gotta ditch your current accountant. Paul Meissner Brazen attempt to extort money: https://www-publicaccountant-com-au.cdn.ampproject.org/c/s/www.publicaccountant.com.au/news/scammers-posing-as-federal-officers-try-to-extort-money-from-taxpayers/amp About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


27 Oct 2019

Rank #6

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121. First Mid Tier Cloud Adoption and The Marathon Record That Wasn’t

BEST ON GROUND David Boyar RSM adopts Greatsoft, a huge blow to MYOB and a huge win for a new entrant https://www.accountantsdaily.com.au/technology/13638-xero-scores-biggest-migration-with-mid-tier-deal FYI DOCS Customer sentiment feature  Paul Meissner If this isn’t a window in to releasing software. Flashy, promises a lot, released prematurely and ultimately the key features needed aren’t connected yet. https://metro.co.uk/2019/10/04/police-robot-told-woman-go-away-tried-report-crime-sang-song-10864648/https://www.accountingtoday.com/opinion/beyond-the-hype-how-ai-is-being-used-by-accountants-today So the record wasn’t actually a record. Good marketing hype though: https://www.google.com/amp/s/amp.theatlantic.com/amp/article/599974/ WORST ON GROUND David Boyar Greed is back, the excuses for Latitude Financials failed IPO don’t make any sense when put up against the market. https://www.smh.com.au/business/companies/the-crucial-mistake-ahmed-fahour-may-have-made-in-latitude-s-failed-ipo-20191016-p53166.html Paul Meissner https://www.news.com.au/finance/work/careers/i-clearly-caught-you-man-busted-trying-to-cheat-in-bizarre-skype-job-interview/news-story/2abe3da11f64614e22dc703bb60b5223 Worst job title ever. “At the inflection point of change” https://www.linkedin.com/in/ntamm About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


21 Oct 2019

Rank #7

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108. Interview: Cassie Divine, VP, QuickBooks Online Platform Leader at Intuit

Straight from Quickbooks Connect 2019, David sat down with Cassie Divine, Vice President, QuickBooks Online Platform Leader at Intuit, to talk about the global small business landscape and inspiring female business leaders.See omnystudio.com/listener for privacy information.


30 May 2019

Rank #8

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119. Tax Jobs Make You Rich, Real Satire, Nagging Clients & Accountants Exemption

BEST ON GROUND Paul Meissner Nagging clients have a point, why not listen to them?https://www.accountingweb.co.uk/practice/general-practice/are-nagging-clients-really-that-unreasonable Cheaper debt for being sustainable. David sees strait through this.https://www.commbank.com.au/business/latest/sustainable-finance.html David Boyar Tax Managers are the most in demand and highest paid jobs in the USA https://www.marketwatch.com/story/the-no-1-job-in-america-with-the-best-career-opportunities-pays-112000-a-year-and-its-not-in-tech-2019-08-14 How does a global tech giant collect cash money?https://www.marketwatch.com/story/uber-customers-paid-more-than-6-billion-in-cash-last-year-and-accounting-for-it-isnt-easy-2019-08-16 How to show the value of a tax breakhttps://twitter.com/nick_a_marie/status/1168520374423678982?s=19 Gig workers are becoming more like employees in this state.https://www.nytimes.com/2019/09/15/upshot/gig-economy-limits-labor-market-uber-california.html WORST ON GROUND Paul Meissner Advisors as sales people..not a good idea. https://www.afr.com/companies/financial-services/developers-offer-advisers-90-000-to-flog-high-rise-apartments-20190813-p52gk1 The accountants exemption is on its way back. Kind of. https://www.accountantsdaily.com.au/business/13522-return-of-accountants-exemption-hits-a-snag Agile has its place in small firms.https://www.afr.com/work-and-careers/management/agile-working-revolution-or-fad-20180413-h0yqwr David Boyar How does EY not pay super on time?https://www.afr.com/companies/professional-services/ey-faces-fines-after-falling-behind-on-superannuation-payments-20190815-p52hde Sales automation looks good but, does it create leads?https://www.facebook.com/groups/theentrepreneurialaccountants/permalink/518545622063643/ Congratulations to our friends at Practice Ignition on raising $26m. Bigger celebration when we celebrate profitability though!https://www.xero.com/blog/2019/09/xero-app-partner-practice-ignition-lands-a26-million-tech-investment/ About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


18 Sep 2019

Rank #9

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2. Indepth: The Predictions Band Wagon

Accounting predictions for marketers are what the budget summary email is for accountants. Everyone rushes to get theirs out first and they almost all the same. Predictions are the new content fodder to grab your attention at the start of year and whilst we dislike content for contents sake we have a few things to say about what’s going to be important in 2020. So here are our predictions to help you know what to focus on, and what to ignore. Paul Some add ons will fold/run out of money Compliance holds as 80% of revenue for the majority of small firms Professional bodies have a chance to return to relevance. Catalyst success to continue The Joint accounting bodies unite together to fight for the return of the accountants exemption.  Conferences change forever (end of Accountech?, last chance for ABE) The amount of business coaches for Accountants will peek out as the market gets sick of them David . Governance for accounting businesses will increase as more advisory work is done (all types of advisory), some firms are already struggling with PI. The accounting bodies to work closer with members Decade old ideas go mainstream Moving to cloud Cloud documentation Automation and efficiency focus (more than new service lines) People give up on value pricing as being too hard The cutting edge firms will worry less about tech and more about client and staff experience 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.


20 Jan 2020

Rank #10

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109. Interview: John Shepherd, Single Touch Payroll

David sat down with John Shepherd from the ATO to discuss all thing Single Touch Payroll. See omnystudio.com/listener for privacy information.


14 Jun 2019

Rank #11

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119. In depth: Our Xerocon Review

Paul Meissner Recurring invoicing payments Mental Health (was it too much?) Addons - email sharing stories again, no follow up, too soon. David Boyar Start Up alley - some came to Xerocon too soon Partner story mini stages - ‘Xero’s got it’s soul back’ Trenches event - Our best yet. About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


18 Sep 2019

Rank #12

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5. Community First

BEST ON GROUND David Boyar Accountants building their own communities to support each other through tech change  https://www.eventbrite.com.au/e/accountants-tech-user-group-tickets-90561902087 The CA automation playbook shows how the bodies can guide and lead without showing preference.  https://charteredaccountantsanz.force.com/MyCA/s/login/?startURL=%2FMyCA%2Fs%2Ffeed%2F0D52u000001mzqTCAQ&ec=302 The #VDExperiment is a marketing masterstroke by Twyla Verhelst from helm but jus because you can doesn’t mean you should. Check out this great Linked in explainer from HLB Mann Judd Partner Josh Chye explaining Family Trusts. https://www.linkedin.com/posts/josh-chye-b4924a31_taxplanning-taxes-trusts-ugcPost-6629846910117257216-dtIE/ Paul Meissner Congratulations to Amreeta and the Nowinfinity team. $25m sale to Class. Interesting that Class’s head of sales moved on. Does that open the door to Ben Gill taking on the role? Do the sales cultures align? Time will tell.  SMSF platform makes $25m acquisition Dilatory accounting cost Dixons £1.8m. For 8 years this business kept amounts open as accounts receivable. Not great year end accounting procedures not to write off earlier.  Dilatory accounting cost Dixons £1.8m Afterpay, Zip Co get in first with code of practice. It’s a good start with some practical protections for consumers. One wonders what’s missing since there is no independence given the rules are written by those abiding by them. I’d like to write my own views.   Afterpay, Zip Co get in first with code of practice WORST ON GROUND David Boyar Marketers are geniuses and people are stupid https://www.businessinsider.com.au/coronavirus-corona-beer-not-related-google-trends-2020-1 Will MyGovID work for offshore staff? Paul Meissner Open Banking - What will be the outcome? Predicted to “...“That completely takes the friction out of applying for a mortgage,”. Anyone who has applied for a mortgage knows that the more info you give the more issues come up in the application. I think Open Banking is a poisoned Chalice.  Open banking and rise of fintechs to disrupt big banks' 'rivers of gold' Canberra urged to join the data sharing action - CBA displays a typical protectionist strategy against having to give up data by greedily demanding more.  Canberra urged to join the data sharing action Chat about football or cricket in the workplace should be curtailed, a management body has warned. Chartered Management Institute head Ann Francke said sports banter can exclude women and lead to laddish behaviour such as chat about sexual conquests. "A lot of women, in particular, feel left out," she told the BBC's Today programme. Nanny state gone mad. What would the reaction be if this was to be excluding men?  Firms urged to crack down on office football chat See omnystudio.com/listener for privacy information.


6 Feb 2020

Rank #13

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6. Excel is Your Superhero

BEST ON GROUND David Boyar What if we think about change as a way to reduce our own redundancy risk? https://generationcfo.com/2020/02/11/automation- redundancy-risk-is-fake-news-heres-why-part-two/ PI Women in accounting The best summary of the receipt app race right now. https://www.accountingweb.com/technology/accounting-software-news/come-place-your-bets-in-the-data-capture-casino#.XkHk7qjSHsU.linkedin Another accountant trials a 4 day work week - what are the unexpected benefits of this.https://blog.connacc.nz/the-four-day-working-week-a-trial-for-connected-accountants/ Paul Meissner XLOOKUP in Excel. Hallelujah!!!  https://www.cbronline.com/news/xlookup-excel AFR claim the court got it wrong, I say they got it right. Bulks up an argument for main residence test. I’d rather 100% tax free than 50%.  https://www.afr.com/policy/tax-and-super/the-wrong-call-small-business-hit-by-cgt-concession-ruling-20200206-p53ygd WORST ON GROUND David Boyar QR codes aren't new and dont work.  https://www.linkedin.com/posts/stevenleaney_business-cards-are-something-that-havent-activity-6632503913545297920-jRsO/ Offshoring will not - repeat will NOT reduce jobs https://theoutsourcedaccountant.com/blog/does-outsourcing-cost-local-jobs/ Paul Meissner $8m in tax avoidance out of PKF. Big firm, interesting the lack of oversight. The charges include knowingly lodging nine false income tax returns on behalf of the client and concealing, destroying and knowingly providing forged evidence in response to a Tax Office audit.  https://www.afr.com/wealth/tax/tax-partner-accused-of-evading-8m-for-client-20200211-p53zpw How to damage staff morale. Partners get free breakfast while staff are told to drink less milk.  https://www.afr.com/rear-window/kpmg-partners-exclusive-breakfast-service-20200210-p53zek David’s demo skills 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.


13 Feb 2020

Rank #14

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1. The Bush Fire Response

G'day! Welcome back to season 4! Best on Ground The ATO shows off its data strength with Bushfire support - Automated lodgement deferrals by postcode. Software can’t do that.  Receipt Bank raises $73m to dislodge everything we thought about the Xero/Hubdoc move of 2019 (so last year).   https://www.receipt-bank.com/blog/receipt-bank-raises-73m-in-series-c-round/ Check out these tools for accountants to help with bushfire victims  IPA: https://www.publicaccountant.com.au/news/ipa-offers-support-to-bushfire-victims CA: https://www.charteredaccountantsanz.com/news-and-analysis/news/australian-bushfires-support-resources-for-you-your-clients-and-communities CPA: https://www.cpaaustralia.com.au/professional-resources/business-management/business-recovery/disaster-recovery-toolkit Indinero founder calls out Intuit for over hyping AI and ML  https://futurefirm.co/indinero-the-accounting-firm-of-the-future/ Worst on Ground Accountants without significant new training are not business advisers but this message comes from someone who has been advocating the opposite for years.  https://www.accountantsdaily.com.au/business/13895-accountants-cautioned-on-advisory-jump David can’t work out if this comment is a joke or not but it highlights the tech challenge the average firm is struggling with.”Our organisation does not have access to a smart phone so can I go back to lodging paper returns?” https://www.accountantsdaily.com.au/technology/13731-ato-details-mygovid-implementation-roadmap#!/ccomment-comment=8264 What's your social media obligation when posting old content? 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.


16 Jan 2020

Rank #15

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120. Advisor Crisis, Dr Cr WeWork and A New #1 Advisory Tool

BEST ON GROUND Paul Meissner Apple’s core values are a very interesting read. Do you have core values? https://www.facebook.com/180048600476/posts/10157563033890477?sfns=mo Accountkit - amazing software. Actually made me go “Wow”. Haven’t had that reaction for a long time. https://www.account-kit.com/ David Boyar Hands down the simplest explanation of a balance sheet I have ever heard  Income statementhttps://www.linkedin.com/posts/marksamowitz_accounting-finance-accountingmadeeasy-activity-6574588862612459520-zRYy Balance Sheet https://www.linkedin.com/posts/marksamowitz_accounting-finance-accountingmadeeasy-activity-6577802576362778624-J-sA How do blind people see numbers? https://edition.cnn.com/2019/10/01/us/uno-braille-trnd/index.html WORST ON GROUND Paul Meissner CA and CPA article re crisis of costs for financial advisors. Didn’t listen and pushed all members to get registered:https://twitter.com/paulmeissner_/status/1179183332510167040?s=21 CBA survey with 37 responses should never have been published due to the laughable sample size. Like marketing sending out the report with their pre-determined slant, before the actual results are in.  Part 2 was a sales person from a reporting software using it as confirmation bias. Desperate in my book. https://www.9news.com.au/world/tesla-electric-police-car-runs-out-of-power-during-pursuit-us-news/94269854-6526-4972-8aba-e889a31665da?ocid=Social-9NewsP David Boyar What is the #1 reporting app in the Xero ecosystem? https://twitter.com/spotlightrep/status/1174814379805741056?s=19 WeWork backs out of IPO and slashed valuation. http://nymag.com/intelligencer/2019/10/marketing-expert-scott-galloway-on-wework-and-adam-neumann.html About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


4 Oct 2019

Rank #16

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120. In depth: Intellectual Vices

Summary on intellectual Vices http://eprints.lse.ac.uk/65080/1/7%20Intellectual%20Vice%20and%20Self-awareness.pdf Interview with Quassim Cassam  https://podcasts.google.com/?feed=aHR0cHM6Ly9yc3MuYXJ0MTkuY29tL3NlYW4tY2Fycm9sbHMtbWluZHNjYXBl&episode=Z2lkOi8vYXJ0MTktZXBpc29kZS1sb2NhdG9yL1YwL1dXQVowOUFKQ1hmVWhkVjUtV01md1JhWTd0SGxhQXZsbjF0aU1fLVdPREk&hl=en-AU&ep=6&at=1570074349310 About Us From the Trenches is brought to you by Paul Meissner from Freedom Mentoring and David Boyar from Sequel CFO. Proudly sponsored by BGL and The Outsourced Accountant.See omnystudio.com/listener for privacy information.


4 Oct 2019

Rank #17

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94. 94. Quickbooks isn't in competition with you

Best on Ground It's great to see Accountants out in public entering the public conversation about business success Good on ya' Jason Robinson on Kochie and Jase Andrews on Your Money. Go in the Draw to win a book https://sbo.financial/FTT How good is Bruce Bardell's subtle tax tip on Linked In - ‘’Its never too late to lodge’’ https://www.linkedin.com/in/bruce-bardell-5074b69/ Tim Munro from Change GPS has an excellent template that shows you how to sack a client Paul: Good news, Accounting jobs are on the increase https://www.theage.com.au/business/workplace/is-your-industry-growing-or-shrinking-find-out-the-future-of-your-profession-20190128-p50u2r.html Worst on Ground MYOB may have missed the pricing mark on their new corporate compliance fee structure https://www.accountantsdaily.com.au/technology/12619-myob-targets-compliance-work-with-beta-launch?utm_source=Accountants+Daily&utm_campaign=07_02_19&utm_medium=email&utm_content=3&fbclid=IwAR0K3UCRs3JM4TFy4ldcn35BwZ5vI2fLeRAuS0lG607QeNwOBpBZ4Z_alig How come so many veteran consultants are advising banks to put customers first? Shouldn't this have been obvious? https://www.afr.com/business/accounting/banking-royal-commission-put-customers-first-or-else-consultants-warn-20190204-h1at9s One of the all time great reasons to not lodge a tax return https://www.theage.com.au/national/victoria/man-says-he-doesn-t-have-to-lodge-tax-returns-because-he-s-not-a-person-20190207-p50wbt.html Indepth Quickbooks have advertised a test to actually do the bookkeeping for small and micro businesses at a very low price point upsetting a lot of their fans. But we don't think it's such a big deal. Do you really want THOSE clients? At THAT price point? Doing THAT kind of work? 2017 Quickbooks Firm of the Future winner Lielette Calleja joins us to discuss the response from the Aussie bookkeeping community (almost nothing) and we ask if the fearful response is just a giant beat up. Check out the news on this https://www.intuitiveaccountant.com/general-ledger/is-intuit-building-the-h-and-r-block-of-bookkeeping/?#.XGHnfKTZWEc And the well researched (if not fear mongering headlined) article from Blake Oliver https://www.blakeoliver.com/blog/bookkeeping-is-deadSee omnystudio.com/listener for privacy information.


17 Feb 2019

Rank #18

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109. 109. Quickbooks Connect 2019

Best on Ground Talk about down to earth leadership, Trent Innes is leading from the front on the behaviour he wants in his team: https://www.businessinsider.com.au/xero-boss-if-you-dont-wash-your-own-coffee-cup-dont-bother-applying-for-a-job-2019-5 New apps: Reckon STP App Aider.AI - Check out David’s interview with the founder Brendan Roberts here: https://www.sequelcfo.com/thefinancialmentor/episode-2.-your-business-has-nothing-in-common-with-gilette Chata.AI Worst on Ground Small Biz wasting their time with IRR laws: https://www.smh.com.au/business/small-business/one-in-a-hundred-success-rate-sparks-small-business-sacking-reform-call-20190527-p51ri1.html Paul’s STP enthusiasm Sholto’s Death of Bookkeepers tweet. “Existential threat”: https://twitter.com/sholtomac/status/1134257674009292800 Indepth: QBC Wrap up, Our Top 6 TakeawaysSee omnystudio.com/listener for privacy information.


11 Jun 2019

Rank #19

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93. Handed Down: The Banking Royal Commision

Best on Ground Forget co-working, take your office to the beach https://workandco.co.za/nova/ Public accounting will make you fat miserable and diabetic, or will it? http://entirethoughts.com/2018/02/02/avoid-public-accounting/ If client’s don’t care about the tech you use but rather what you do for them, then spotlight white labelling is a good option https://twitter.com/spotlightrep/status/1089976962095988736?s=19 Will single solution tech ultimate let you down as the big players include their features. https://www.google.com.au/amp/s/amp.ft.com/content/c91a5136-1fa3-11e9-b126-46fc3ad87c65 Congratulations to Tanya Titman a true leader of the industry https://www.linkedin.com/pulse/new-horizons-consolid8-acceler8-tanya-titman/ Great to see a new support business to promote the great women in accounting. Well done to Lielette Calleja, Kylie Parker and Kelly Chard on launching Accountek Global https://www.linkedin.com/pulse/empowering-women-finance-kylie-parker/ Worst on Ground The big 4 fail in the SME space, again. https://www.accountingweb.co.uk/practice/general-practice/kpmg-shutters-small-business-accounting-unit Crypto Lock out https://www.marketwatch.com/story/crypto-exchange-customers-cant-access-190-million-after-ceo-dies-with-sole-password-2019-02-04 Indepth Check in the show for our discussion about why the Royal Commission couldn’t have been good because the banks share prices went UP! We also discuss how mortgage brokers are responding and why the lawyers always win.See omnystudio.com/listener for privacy information.


11 Feb 2019

Rank #20