The document discusses challenges facing accountants such as digital disruption, outsourcing, and increased competition. It then provides recommendations for accountants to prepare for new services through business advisory services, new products, marketing assistance, and educational articles. The conclusion warns that accountants must change with the challenges or the profession could suffer.

1. If it Doesn’t Challenge You
It Doesn’t Change You!!

2. 2
1. Challenges For Accountants
• Digital Disruption
• Standard Business Reporting
• Outsourcing Overseas
• Competition:
– Consultants/Coaches
– Bookkeepers
– Other Accountants
Presentation 4th May 2015

3. 3
• Business Advisory Services
Preparation Modules
2. Preparing For New Services
Presentation 4th May 2015

4. 4
3. Products to Deliver New Services
• Personal Property Securities Register:
– Due Diligence System
• Debtors’ Management
• Chief Financial Officer Services
• Grants:
− Business Growth Grant
− Accelerating Commercialisation
− Industry Skills Fund
• Leadership
Presentation 4th May 2015

5. 5
4. Marketing Assistance
• Mentoring and Coaching Modules
• Business Plus+ Newsletters
• Client Seminars/Webinars
• Improving Your Bottom Line
Presentation 4th May 2015

6. 6
5. Articles For Accountants
• Accountants Minute:
– Portfolio allocation are important for effective
management
– Today, we do something different (Kaizen)
– Time management
– Profit protection
– If it doesn’t challenge you, it doesn’t change you
Presentation 4th May 2015

7. 7
6. Don’t Let This Happen On Our
Watch
“If accountants are not really careful the
profession could really suffer.”
“Don’t let this happen on our watch!”
Jason Bender, Deloitte
Presentation 4th May 2015