What does the accounting firm of the future look like? Reckon’s national conference will explore several potential scenarios advocated by accountants and industry experts at the Hilton Hotel in Sydney later this week.
Conference highlights include Peter Knight, a founding partner of accounting firm Hayes Knight, on benchmarking for bookkeepers, and Mark Jenkins, CEO of Quay Accountants, who will talk about business models for accounting firms. “These are innovative thinkers who can talk about what works and how to build your practice out for the future,” said Daniel Rabie, Reckon’s strategic director.
The conference will be split into two streams; an accounting group for larger firms and a business group for partners servicing small businesses. Reckon has ditched keynotes for an education-oriented format based on six concurrent sessions.
Mark Jackson from the Australian Taxation Office will talk about the shift towards the standard business reporting (SBR) framework. “We are pretty lucky to have the ATO there. They got a fantastic reception last year from accountants, it’s straight from the source,” Rabie said.
My Accounts’ Noel Tiufino will share the model for his bookkeeping business which employs only accountants and provides KPIs and benchmarking as well as reconciliation.
Rabie will also give an update on mobile payments service Reckon Pay, the joint project with NAB bank, and how the system can reduce debtor days and improve efficiency in small businesses.
Accounting guru Rob Nixon from the Proactive Accountants Network will also talk about trends in the accounting industry.