Anti-Money Laundering – Sounds intriguing doesn’t it?

Accountants and Bookkeepers fall under the Anti-Money Laundering and Counter Finance Terrorism legislation as of 1 October 2018 which means more compliance activities are going to be required when agreeing to work together. The requirement is to verify identities of those we work with, so don’t be alarmed if the process of working with an organisation who falls under the Act (Accountants, Bookkeepers, Banks, Real Estate Agents, Lawyers etc) becomes a…  Read more

Making changes to Employment Agreements

From time to time, the terms under which you have employed a team member originally may change. This could be as simple as giving them a payrise, or slightly more complicated such as changing from a permanent full time agreement to a casual basis. It’s important to document each change in writing to ensure you, and your employee, remain on the same page and understand the expectations of the employment…  Read more

Multifactor Authentication

MULTIFACTOR AUTHENTICATION – WHAT IS THAT ALL ABOUT? Sometimes called two-factor, sometimes multi-factor, sometimes sign-in, sometimes login, sometimes authentication…  whatever the name, you should be using it! Wikipedia explains: Multi-factor authentication (MFA) is a method of computer access control in which a user is granted access only after successfully presenting several separate pieces of evidence to an authentication mechanism – typically at least two of the following categories: knowledge (something they know), possession (something they have),…  Read more

Common bookkeeping mistakes Small Businesses make

Bookkeeping is a significant part of any business endeavor. While it is typically not one of the more glamorous jobs, bookkeeping is at the heart of a businesses success and errors can cost the company significantly. You may be doing your own bookkeeping for your business or are just starting out on the own your own business journey. Here are some common bookkeeping mistakes that business’s make with some practical advice: Not reconciling…  Read more

Two down…. two to go

A month ago I wrote about it being award season and writing award applications for relevant organisations.  There is a huge amount of effort that goes into these award applications, and what you learn about yourself and your business whilst going through this process is a win in itself.  If you haven’t done it or are worried about doing it, just give it a go.  I am happy to chat…  Read more

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