Practice management
Content Summary
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- Public practice
- Business management
Benchmarking your business performance
Benchmarking allows you to measure your business performance against other businesses in your profession across key performance indicators
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- Public practice
- Business management
Growing your business
A range of growth strategies, marketing and service tips, workpapers and templates to optimise your business
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- Public practice
Legal and technical issues affecting accountants
If you run a business it’s important to understand the law about intellectual property, copyright, patents and trademarks.
This material will help you with a full range of business activities, from reviewing your structure and identifying growth opportunities, to new technology and servicing your clients. We also cover the value of good people to a sustainable practice.
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My Firm. My Future.
My Firm. My Future. is a series of practical e-learning modules that help you prepare for challenges and take advantage of opportunities, enabling you to build a sustainable business.
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Technology
Technology improves efficiency, cuts costs and maximises business profitability.
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Taxation
The Taxation toolkit has a range of templates and resources to help manage you clients’ tax affairs, including year-end resources, client letters and tax tips.
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Client services approach
Help clients meet their personal and business goals.
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Client engagement
Simplify your engagement letters and stay compliant with Practice Ignition.
Public accounting insurance
Professional Indemnity Insurance (PII) is mandatory for all CPA Australia public practice certificate (PPC) holders, as well as other members providing public, honorary or private accounting services, whether paid or unpaid.
CPA Australia has negotiated three competitive policies on your behalf as well as a PII Comparison Checklist to help streamline your insurance process.
We also have a Tool to lodge your claims status, helping to keep your premiums lower and ensure compliance if there’s a claim.
Professional standards scheme
The CPA Australia Ltd Professional Standards (Accountants) Scheme (Scheme) caps eligible public practitioners’ civil liability to the amount of professional indemnity insurance required by the By-Laws.
CPA Australia will pay the annual fee on your behalf based on your member profile. You’ll also need to conduct a self-assessment to confirm your eligibility and comply with the requirements to participate.
CPA Best Practice Program
The new CPA Best Practice Program will lead the industry from the front, using a tailored approach that is transparent and efficient. It’s been developed to set you up for success, ensure you understand your obligations and receive the right guidance early on, when it’s most needed. Hundreds of public practice members go through a quality review process each year.
This new model will consider the complexity of your business and adjust the level of review accordingly, resulting in a more streamlined and intuitive process. We’ve coupled this with an investment in new technology to better your user experience, making file sharing and progress tracking simple, efficient and secure.
As part of a comprehensive and holistic support model across your career journey, the program will also connect you with other key resources, tools and continuing education to future-proof your business.
Accounting professional and ethical standards
CPA Australia members have a responsibility to act in the public interest and comply with the fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour in all their dealings. The APES 300 series applies to members in public practice.
Apply for a certificate
Application forms and prerequisites for other public practice related certificates, including a limited PPC, multi-disciplinary practice and trading with a non-member, are also available.
Discover more
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- Practice management
5 tips to get your accounting practice ready for anything in 2021
Expect unpredictability. Here are the best ways to implement rock-solid contingency plans for your firm.
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- Practice management
Major changes ahead for CPA Australia’s Quality Review Program
Our Quality Review Program has been transformed to ensure member support is at its core. Here’s what you need to know about the CPA Best Practice Program.
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- Practice management
How accounting practice teams are changing in 2021
2020 changed how many accounting practices manage staff and client contact. Here are some key takeaways.
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- Practice management
Your client service approach
Clients are demanding more transparency, real-time data, forward-looking advice and business insight from their accountants.
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- Practice management
Starting your practice
Thinking about starting your own practice? There are some key considerations and obligations you should take into account.
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- Practice management
Quality reviews: Don’t fear them, embrace them
For some practitioners, the prospect of a formal quality review can seem intimidating, but in reality, the process is specifically designed to improve the health of a practice and to better protect clients.