Fiscal Therapy

Cybersecurity: The Silent Partner in Your Accounting Practice

Mon, 14 Oct 2024 14:00:00 +1300

October is Cyber Security Awareness month in Australia, so Jody Sitters welcomes Tara Whitehead, Security Engagement Manager at MYOB, to discuss the crucial topic of cybersecurity for accounting professionals.

Together Tara breaks down key concepts like phishing, the importance of multi-factor authentication, and the benefits of outsourcing cybersecurity. Tara emphasizes the need for a proactive security strategy and offers practical tips for safeguarding both personal and business data. With real-life examples of cyber incidents, listeners will gain valuable insights into creating a secure environment for their practices. Tune in to learn how to navigate the complex world of cybersecurity and ensure your business is well-protected!

Strengthen your client relationships as an MYOB Partner. Join our thriving community of accounting and bookkeeping ‌partners. Earn rewards, grow your practice and expand your knowledge.
https://www.myob.com/au/myob-partner-program
https://www.myob.com/nz/myob-partner-program

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Better Together - Mergers, Acquisitions and Practice Evolution with Kev Ryan

Thu, 12 Sep 2024 12:00:00 +1200

In this episode of Fiscal Therapy, host Jody Sitters interviews Kev Ryan about evolving and growing accounting practices, particularly through mergers and acquisitions. Kev, who shifted from tax accounting to transaction advisory, discusses his role in guiding firms through buying, selling, and merging, and the importance of managing expectations and emotions during these processes.

A common theme Kev sees among accounting practice owners: burnout. Many practitioners, especially in the wake of the COVID-19 pandemic, are feeling overwhelmed and are seeking relief through mergers or sales. They’re yearning for a more manageable workload, support of a team and a better balance between their professional and personal lives.

Listen to Kev's insights into how practices can evolve and how it can work.

Breaking Barriers: Stacie Shaw on Gender Equity and Leadership in Accounting

Mon, 12 Aug 2024 09:00:00 +1200

In this insightful episode of Fiscal Therapy, host Jody Sitters chats with Stacie Shaw, a partner at the prestigious accounting firm PKF. Stacie shares her remarkable career journey, which began with uncertainty and evolved into a leadership role at a top 10 accounting firm. With 18 years of experience, Stacie has become an expert in scaling businesses through effective processes and innovative solutions.

Links & Resources:

PKF Website
Stacie Shaw’s Article "Working mothers: within the bounds of commerciality, without ‘concessions’"
CPD Training
Annature electronic signing tool

Driving Organic Growth: The Transformational Journey of MJC Partners, with Chris Simmons

Fri, 12 Jul 2024 15:00:00 +1200

In this episode of Fiscal Therapy, join host Jody Sitters as she delves into the dynamic world of accounting leadership with Chris Simmons, Director and CEO of MJC Partners. Known for his role in transforming the firm into a powerhouse, Chris reveals the strategies behind MJC Partners' remarkable journey of organic growth, having tripled its revenue in recent years.

Discover how Chris and his team navigated structural changes, cultivated a culture of accountability, and perfected operational processes to enhance client engagement. Learn actionable insights on fostering team retention, creating robust career progression frameworks, and maintaining a cohesive company culture that sets MJC Partners apart.

Transforming Accounting Practices: Navigating Change with Melanie Boucher-Jafari

Thu, 30 May 2024 10:30:00 +1200

Join host Jody Sitters and guest Melanie Boucher-Jafari, Director of Trailblazing Consulting Group, in a dynamic conversation on navigating change in accounting practices.

Discover practical insights on managing time, addressing resistance, and fostering a culture of growth. From recognizing the need for change to empowering stakeholders, this episode offers actionable strategies to transform your accounting practice. Tune in for expert advice and real-world examples on driving successful change in the world of finance.

Getting Comfortable with AI, with Jerzy Filatow

Wed, 29 May 2024 14:30:00 +1200

We've long been wondering if a robot is going to take our jobs and in this episode of Fiscal Therapy, AI expert Jerzy Filatow gives our host Jody Sitters, his take on that question.

A Domain Delivery Manager and champion of AI at MYOB, Jerzy unpacks the ways in which you can embrace artificial intelligence in your practice and how accountants and bookkeepers can take advantage of this technology for competitiveness and efficiency.

Building a Successful Practice: Insights from Rebecca Mihalic

Tue, 19 Mar 2024 17:30:00 +1300

Rebecca Mihalic, a seasoned professional with over 15 years of experience in taxation, accounting, business, and tech advisory services, joins host Jody Sitters on Fiscal Therapy.

Rebecca, the Director at Business Depot Sydney and Head of Accounting APAC at Ignition, shares insights into her journey, including co-founding her own practice, Aptus Accounting and Advisory, in 2015. Discover what inspired Rebecca to venture into entrepreneurship and how she navigated a career break to explore new opportunities.

Tune in to learn from Rebecca's leadership, passion, and commitment to the accounting industry, offering valuable takeaways for building a successful practice.

Strengthen your client relationships as an MYOB Partner

Join our thriving community of accounting and bookkeeping ‌partners. Earn rewards, grow your practice and expand your knowledge. https://www.myob.com/au/myob-partner-program

Attracting and Retaining Talent in a Hybrid Working World

Wed, 13 Mar 2024 17:30:00 +1300

On this episode of Fiscal Therapy, host Jody Sitters interviews Damien Gooden, Group CEO at HR Central, a human resource company in Australia.

They discuss attracting and retaining talent in hybrid working environments. Damien shares insights on how businesses are adapting to hybrid working post-COVID.

Tune in for expert advice on navigating HR-sensitive topics in the evolving workplace landscape.

Strengthen your client relationships as an MYOB Partner
Join our thriving community of accounting and bookkeeping ‌partners. Earn rewards, grow your practice and expand your knowledge.

https://www.myob.com/au/myob-partner-program

The Future of Accounting: Challenges and Opportunities for Young Professionals

Tue, 13 Feb 2024 16:30:00 +1300

In this episode of Fiscal Therapy, host Jody Sitters interviews Nick Holloway, the chair of the New South Wales Young Chartered Accountants panel.

Nick shares his fresh and honest approach to the accounting profession and life in general. They discuss the role of Young Chartered Accountants, their contributions to the professional body of Chartered Accountants Australia New Zealand, and their coordination of CPD and social events.

Tune in to learn from Nick's insights and experiences in building a successful accounting practice.

Embracing Change: Mead Partners' Transformation Journey

Tue, 12 Dec 2023 12:30:00 +1300

In this episode of Fiscal Therapy podcast, host Jody Sitters interviews John Pititto, Managing Partner at Mead Partners, who shares insights on how they became the Australian Accounting Practice of the Year.

Mead Partners, a smaller practice with a focus on business clients, has been in operation for 25 years. John discusses his journey within the company, his role in IT, and the changes they have made over the past year, including the implementation of new technologies like AI.

Winning the award has boosted team morale, and John emphasizes the team's ability to adapt quickly and embrace change as a key factor in their success.

The Importance of Undergraduate Programs in Practice Growth: Insights from Brentnalls

Wed, 01 Nov 2023 02:30:00 +1300

This episode of Fiscal Therapy features guests Bradley Barnes and Laura Bey from Brentnalls SA.

Bradley talks about the history and growth of the firm, his role as a partner, and the importance of being a problem solver for clients.

Laura discusses her position as an accountant and the back-end work she does to support partners like Bradley.

The main goals for Brentnalls are to continue growing the business, maintaining client relationships, and providing opportunities for career development.

Understanding Cybersecurity: A Conversation with Tyler Wise

Wed, 25 Oct 2023 17:30:00 +1300

In this episode of Fiscal Therapy, Jody Sitters interviews Tyler Wise from Cyberwise. Tyler, an expert in cyber security and forensic accounting, shares his knowledge on the importance of cyber security for accounting practices and offers five top tips for practice owners.

These tips include having an incident response plan, using a password manager, implementing multi-factor authentication, updating systems regularly, and backing up data. Tyler emphasizes the need for a game plan and highlights the importance of continuous cyber security efforts.

Can your business survive a cyberattack? Join Tyler and Tara at our webinar and learn how to protect your practice. Register HERE.

Attracting Younger Clients and Embracing New Industries with Julian Mauro

Wed, 04 Oct 2023 13:30:00 +1300

On the Fiscal Therapy podcast, Julian Mauro shares his journey of starting his practice, MAURO, which focuses on providing expert financial advice through comfortable conversations.

He explains how he wanted to break away from the traditional, corporate approach to accounting and create a more casual and engaging experience for his clients.

MAURO primarily serves a younger demographic, including individuals in creative and innovative fields. Julian discusses the importance of educating clients on tax and finance, as these topics are often not taught in school.

He also emphasizes the excitement and satisfaction of working with clients who are at the forefront of their industries.

Interview with Richard Miller: Building a Competition-Crushing Brand

Wed, 20 Sep 2023 02:30:00 +1200

In this episode, host Jody Sitters interviews Richard Miller, Brand Director and tech startup founder.

They discuss the difference between brand and branding, emphasising that brand is what people say about you when you're not in the room, while branding is how you represent yourself to the world.

Miller shares his philosophy that being different is better than being better, as it eliminates competition and allows businesses to stand out.

He advises businesses to find their unique selling proposition and live their genuine mission and vision to create a competition-crushing brand.

Find Richard at www.crispand.co or via LinkedIn.

From KPMG to Entrepreneurship: The Journey of Joyce Ong

Thu, 07 Sep 2023 11:30:00 +1200

In this episode of Fiscal Therapy, host Jody Sitters interviews Joyce Ong, a former KPMG employee, Australian Tax Office employee, and the founder of Tax Nuggets.

Joyce shares her journey from Malaysia to Australia and discusses her passion for tax and her decision to start her own business.

She also talks about her experiences at the Australian Tax Office and how she started creating informative videos on tax topics, eventually leading to the creation of Tax Nuggets. For more info visit https://taxnuggetsacademy.com.au/

The Power of Relationships in Accounting: Amanda Gascoigne's Story

Wed, 23 Aug 2023 11:30:00 +1200

In this episode of Fiscal Therapy, host Jody Sitters interviews Amanda Gascoigne, a highly successful chartered accountant and business coach.

Gascoigne shares her journey of starting and growing her accounting practice over 18 years, emphasising the importance of building deep relationships with clients, as well as fostering a valued and appreciated team.

Gascoigne also discusses the challenges of navigating the introduction of GST and helping clients adapt to new systems and technology, all while managing her own family and limited availability.

Driving Referrals and Retaining Clients through Websites

Wed, 09 Aug 2023 02:30:00 +1200

In this podcast episode, host Jody Sitters interviews Matt Wilkinson, founder and CEO of BizInc, about the importance of a website for accounting practices.

Wilkinson emphasizes that websites are crucial for sealing the deal with referrals, as potential clients often do their due diligence by checking out a firm's website.

Additionally, websites can provide value for existing clients by serving as a resource hub and can also play a role in lead generation and employee retention.

Davie Mach: From Pink Bedroom to Award-Winning Accounting Practice

Thu, 27 Jul 2023 11:30:00 +1200

Davie Mach, the founder of Box Advisory Services, joins Jody Sitters on the Fiscal Therapy podcast to share his inspiring story.

Starting his accounting business out of his brother's pink bedroom at age 26, Davie was motivated by his parents' health issues and their struggle to pay their mortgage.

With a firm belief in doing things differently, Davie set five main pillars for his business growth, including a $1 million fee base and a reliable marketing channel. His dedication to making an impact for his family drives his success in the industry.

The Instigator of Razzle Dazzle: Irene Bennetts on Scaling Practices with Automation and Outsourcing

Wed, 05 Jul 2023 11:30:00 +1200

In this episode of Fiscal Therapy, host Jody Sitters welcomes guest Irene Bennetts, founder and CEO of Admin Army.

They discuss the importance of scaling businesses strategically through automation and outsourcing for accounting practices. Irene introduces the concept of "Razzle Dazzle," one of Admin Army's core values, which represents going above and beyond for clients and adding a touch of creativity to the transactional process of bookkeeping.

They explore how Razzle Dazzle can help businesses succeed and share examples of how it can be implemented. Tune in to learn how to supercharge your practice with automation and outsourcing.

For more information on Admin Army to go https://adminarmy.co.nz/

For more information on MYOB go to www.myob.com