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Friday, November 30, 2012
From our experience with helping our clients with their accounting and management reporting needs, we have compiled an outline of what we think are benefits and issues relating to adopting cloud based reporting tools. The key benefits of cloud based accounting systems are: - it's “ready to go” – no need to install to hardware, it's on the web, just sign up and customis ..
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Friday, November 16, 2012
As the effect of the global financial crisis continues to be felt throughout economies across the world, many investors have turned to fixed interest investments as a means of securing a return on their investment nest egg. Unfortunately, as the Reserve Bank continues to ease monetary policy to stimulate the local economy interest rates on terms deposit continue to fall. However, all is n ..
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Friday, October 26, 2012
One of the key ingredients to business success is the existence of a well thought out and structured plan. This is relevant no matter what the size of the business. Surprisingly, it is one aspect that is often overlooked leaving success or failure very much to chance. One of the initial benefits of planning is that it creates focus among all of the key players to ensure that stakeholders  ..
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Friday, October 12, 2012
If you have a Self-Managed Super Fund (SMSF), you will be interested to know that some new regulations have taken effect. There are new rules that require SMSF trustees to regularly review their fund's investment strategy, consider insurance for members as part of their fund's investment strategy and to value assets at market value for reporting purposes. For non – listed asse ..
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Friday, October 12, 2012
Why is nominating a beneficiary so important? Most of us want the certainty of knowing where our superannuation benefits will go when we eventually pass away. You may be surprised to know that your super death benefit does not legally form part of your estate and therefore your Will does not control how this money is to be treated. In the absence of a nominated trustee, the decision is l ..
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