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Wealth Management

How much money do I need to retire?

March 18, 2019

What does your retirement look like and can you afford to retire? It’s no surprise that everyone’s retirement needs and expectations are different. Retirement poses the rare opportunity to have both the time and financial means to do as you choose. Travel to that longed-for destination, practice that golf swing or is it the time […]

Tax

How the instant asset write off scheme just got better!

March 8, 2019

Instant asset write off scheme announcement. The Government has recently announced and introduced legislation to Parliament for an extension to the instant asset write-off scheme for small business. The scheme, introduced on May 12th 2015, has allowed small businesses to completely write-off as a tax deduction purchase of assets up to $20,000 in the year […]

Business Advisory

Confronting the brutal facts about your business

March 8, 2019

Take a critical look at your business and confront areas for improvement! As many of us realise early in our lives as business owners or entrepreneurs, the trajectory of success isn’t always a steady rise to the top. From environmental conditions to shifting interest, it’s inevitable that every business is going to have some areas […]

Staff Stories

Sailing with the Accru Bandit!

March 4, 2019

A new and improved spinnaker sail aboard ‘The Accru Bandit!’ One of our Audit Partners, Greg Winnett along with his skipper the Commodore of Sandringham Yacht Club, Ashley Trebilcock and crew have a brand new sail and we think it looks great! Greg started sailing with Ashley at the age of 8 years old in […]

Audit

How Big Data is shaping the Audit Industry

March 4, 2019

Let Big Data help you and your company make more intelligent decisions! Big data is an evolving term used to describe large volumes of both structured and unstructured data, originating from a variety of sources. Big data includes information collected from social media, video and emails, and encompasses any and all data that is gathered […]

Business Advisory

A Google My Business profile is essential for every business!

February 25, 2019

Do you want a free and easy way to promote your business? Google My Business is a free and easy tool available to any business wanting to generate new clients, stay connected and keep them informed while encouraging them to act. A budget, or forecast, is a forward looking document. It reflects the financial agenda […]

Tax

Accru Tax Alert – February 2019

February 21, 2019

Changes affecting business and superannuation Here’s a snapshot of tax developments and regulatory changes in the past month that may affect your business, investments or superannuation. Please get in touch if you would like to know more about how Accru can assist you with any of these issues. Tax clinic trial to reduce tax regulatory […]

Audit

New revenue recognition rules for schools

February 20, 2019

AASB 15 Revenue from Contracts with Customers – Revenue Recognition for Schools. School fees usually consist of tuition fees, resource fees, levies, application fees, enrolment fees, waiting list fees and other miscellaneous charges. Under the previous Accounting Standard for revenue, AASB 118, the recognition for revenue was a straightforward proposition. Tuition/term fees, resource fees and levies were […]

Wealth Management

Money Matters: When to include your children in your financial matters

February 11, 2019

Help your children become financially literate! For many families, talking about personal finances in front of children is still a taboo subject. However, experts say that helping children become financially literate, is essential in the modern era. Children who have not benefited from discussing financial matters with their parents are at a greater risk of […]

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