Reality Cheque with Shaye and Becc

About Reality Cheque with Shaye and Becc

The accounting industry is at a cross roads. We need practitioners and software executives who care enough stand up for what they think is right. As the institutions we rely on continue their failure to listen - From the Trenches is proud to provide the voices from those who want to be heard. Becc and Shaye are 2 more plucky Chartered Accountants who will bring you the real stories ‘from the trenches’. This no holes barred, feisty, yet humorous take on the Accounting landscape will be entertaining while sending a message to the scaremongers, that the FAKE NEWS must end. By following the trenches podcast formulae, Bec and Shaye will deliver rapid value straight to your earphones. About the Hosts Rebecca Mihalic is an Australian Registered Tax Agent and a Chartered Accountants Australian & New Zealand member. Rebecca was a founding partner of Aptus Accounting & Advisory, a cloud-based accounting firm and the winner of ‘Innovator of the year’ at the 2018 Australian Accounting Awards for their use of technology to support clients & the firm’s growth.  In 2019 Aptus joined businessDEPOT to expand the firm's service offerings to their clients and Rebecca now leads their Sydney based operations. Rebecca has earned a reputation for her leadership in the accounting industry, winning ‘Thought leader of the year’ in the 2021 Australian Accounting Awards. Shaye Thyer is an outside-of-any-box CA with a diverse and notably non-traditional accounting career to date in Australia. Recently she was responsible for creating a future-fit accounting division for a large national firm delivering a premium client experience. Using technology to optimise internal efficiencies, data to power client insights, training to transform the team, and scalable frameworks to amplify the huge depth of expertise withing the firm. Shaye is the Head of Accounting at Intuit

Publisher

From the Trenches

Category

business

Language

en

Explicit

No

First episode

9 Aug 2022

Latest episode

7 Feb 2023

Latest episodes

9 episodes in the feed.

1. 

   7 Feb 2023

   What are you getting paid? CA ANZ Renumeration Report 2022

   Welcome to Episode 9 of Reality Cheque Its finally here, the annual CA ANZ Remuneration Report is out and you can find it here (https://www.charteredaccountantsanz.com/news-and-analysis/news/remuneration-survey-provides-critical-insights-for-accountants-during-skills-shortage-crisis#:~:text=2022%20Member%20Remuneration%20Survey&text=The%20survey%20also%20suggests%20the,cent%20to%2030%20per%20cent.): For those who aren't across this report, it is pulled together from data obtained via a voluntary survey completed by CA’s in Australian and New Zealand. Before we go further, a big thank you to episode sponsor Aider for supporting this episode (https://www.aider.ai/?utm_source=The_Trenches_Campaign&utm_medium=Awareness&utm_content=&utm_campaign=From_The_Trenches_Campaign&utm_term=Oct_Nov_Feb). Aider helps you run a proactive firm by providing you the tools to offer advisory services to all of your clients. Their AI product automatically scans for GST errors which in turn means you're working with clean data files to offer better advisory services. Back to the show.. This is not just public practice focused, including those working in commerce, government, not for profits, etc. In this podcast Shaye kicks off by touching on the report highlights: 70% increase in respondents from last year, with 7700 CAs participating.(Shoutout to Dave & Paul for helping to promote more activity across the membership base. https://www.fromthetrenches.com.au/podcast/2022/10/24/action-required-does-caanz-deserve-a-pay-rise (https://www.fromthetrenches.com.au/podcast/2022/10/24/action-required-does-caanz-deserve-a-pay-rise)) The split was still fairly similar between men and women respondents from 2021. Total remuneration has grown by 11% Gender Pay Gap has reduced 4% Then Shaye & Becc dig further into the data: Comparing Data & Assumptions: Hard to compare to last year as the data presented is not apples for apples. Who actually got paid more: Becc questions if the pay increase really is because the accounting profession is seen to be attractive or is it just representative of the desperate fight for talent The entry level salaries have increased in public practice with a decrease in salaries for those who have been around for 20+ years. Is this because we need to pay our teams more, but aren't raising our prices enough? How long is this redistribution of wealth sustainable for? Shaye compares to what's happening in the States where the partners have increased their income greatly in the last year, but not so for their staff Compliance is not dead: The firms that leant into compliance and charged for it in the last few years would have done really well in the last few years. But how many below mid-tier charged well for all that grant work? Gender Pay Gap: Shaye talks through whether the work on closing the gender pay gap has been good enough (spoiler alert - both Becc & Shaye say no) Becc surprised that transparency was more important than flexible work by the respondents to help the pay gap Why don’t people believe there is a gender pay gap when the data proves different? Becc & Shaye discuss what they believe will actually help close this gap faster What keeps us motivated: Across the board and unrelated to the gender pay gap, men & women across Australia & New Zealand across all ages note flexible workplaces as the most important factor beyond remuneration What would we like to see: More like for like comparatives in the report One page analysis that breaks up just whats happening in the profession, more granularity needed. More analysis of the gender pay gap and understanding of the data CA ANZ, CPA, IPA get together on the gender pay gap like they did on mental health A redo of the CA ANZ Narrowing the Gender Playbook that has more teeth https://www.charteredaccountantsanz.com/news-and-analysis/news/accountants-urged-to-act-on-uncomfortable-numbers?cid=E~D~GPG_Launch~CAANZ~202202 (https://www.charteredaccountantsanz.com/news-and-analysis/news/accountants-urged-to-act-on-uncomfortable-numbers?cid=E~D~GPG_Launch~CAANZ~202202) Captain Obvious: What gets measured gets done See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

2. 

   7 Dec 2022

   The GBU of Accounting Events | Sexual Harassment At Work

   Welcome to Episode 8 of Reality Cheque. This episode is brought to you by Access Offshoring. (https://accessoffshoring.com.au/) Are you struggling to manage capacity in your firm? Missing client demands? Finding it hard to hire the right talent? Speak to the team at Access Offshoring (https://accessoffshoring.com.au/) about how you can improve your profit, qualify of life and look like a rockstar with your clients. Episode 8 | Show Notes The accounting industry is getting some face to face love again with Conferences and events are back after all those covid lockdowns. This has menat Shaye & Becc have been able to record this podcast in the same room together! As with anything there is good, bad and ugly with events The Good stuff Becc & Shaye met at a conference - Xerocon 2019 - where would we be if this never happened After a few years trapped at home the ability to get out and see each other again has been great Live networking is back on the agenda What makes good content: Practical information that you can take back to your firm Tech demonstrations that are played out in real life scenarios so you can see how it really works in practice Topical updates and the things you need to know - real CPE - from great and engaging presenters IT'S ALL ABOUT THE DELIVERY The Bad stuff Boring tech demonstrations Technical updates delivered poorly Bigger events struggling to deliver something that caters to different streams of attendees Late delivery of agendas/themes/topics impacts attendee expectations Multi-days are hard to focus on the content and stay engaged for time poor accountants Has the way we consume information changed? The Ugly stuff Poor behaviour at events Shaye & Becc own up to overindulgence in the past - is this still ok? Was it ever ok? It's still a work event. Navigating sexual harrassment not just at events, but also in the workplace IMPORTANT UPDATE: Since recording this podcast the Australian Parliament has passed new legislation to bring in seven of the recommendations from the Respect@work report into sexual harassment. You can find more details here: https://www.abc.net.au/news/2022-11-28/respect-at-work-sexual-arassment-rules-pass-parliament/101706978 (https://www.abc.net.au/news/2022-11-28/respect-at-work-sexual-arassment-rules-pass-parliament/101706978) #CaptainObvious See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

3. 

   23 Nov 2022

   The great resignation. Fact or fake? | Tackling imposter syndrome

   Welcome to episode 7 of Reality Cheque. This episode is supported by Aider: Helping you to scale advisory services across your entire practice. Find out more about Aider's innovative platform here. (https://www.aider.ai/?utm_source=The_Trenches_Campaign&utm_medium=Awareness&utm_content=&utm_campaign=From_The_Trenches_Campaign&utm_term=Oct_Nov_Feb) Show Notes from Episode 7 Attracting and retaining talent - controlling what we can control AccountantsDaily Strategy Day (https://www.accountantsdaily.com.au/strategy-day/) Believe or not - the Great Resignation Becc says FACT - but not driven by Covid. Accounting is far from sexy, especially right now. Shaye says FACT - the great resignation f-this! A generation of feeling undervalued looks to the greener grass outside the industry Dear tech friends - please don't steal all the accountants or there might be none left ;) How do we resolve  - call it moving past trauma, or a need to unlearn ‘the way we’ve always done things’ Have we forgotten to invest in accelerating our onshore teams when building our offshore capacity? BusinessDepot investing heavily in part time under-grad positions to nurture love for our profession in our next generation of firm owners. Unlearning that they need to do what we did - work full time and try to finish uni full time and be in overwhelm and burnout from day 1 in the profession. Treating adults as adults - trust them to work flexibly from day 1 Tara Fitness LinkedIn Post (https://www.linkedin.com/posts/tarafitness27_introvertagency-employeebenefits-employeeappreciation-activity-6991178455845400576-iDCN?utm_source=share&utm_medium=member_desktop) Definitely tricky with undergrads and those that have not yet leaned to organise themselves in a professional setting. It's our obligation to invest in growing these capabilities with them, rather than sending them out into the wild to figure it out themselves. Ensuring we give credit where it is due - reward and recognise genuinely Channelling Pink - I’m not here for your entertainment…. Nor am I here to make you look good. Who else resonates with the feeling    “Always the scapegoat, never the s/hero”...... Are we really lacking the capability and skills? Is it technical skills, or is it more about EQ and how to regulate wellness? Can we pledge to be a good human leading good humans? Becc shares the amazing top down leadership culture at Business Depot and Shaye announces that there may be a glimmer of hope for a future return to practice for her… #CaptainObvious Taxpayer gets massive ATO penalties for taking tax advice from someone who is not a registered tax agent.  https://www.accountantsdaily.com.au/regulation/17739-why-clients-need-a-warning-over-fringe-tax-advice (https://www.accountantsdaily.com.au/regulation/17739-why-clients-need-a-warning-over-fringe-tax-advice) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

4. 

   1 Nov 2022

   CAANZ in the news again | Director ID's are painful | Global Bookkeeping Week

   Welcome to Episode 6 of Reality Cheque. A huge thanks to Content Snare (https://contentsnare.com/?utm_source=ftt&utm_medium=sponsor&utm_campaign=reality) for supporting this episode. Use Content Snare: (https://contentsnare.com/?utm_source=ftt&utm_medium=sponsor&utm_campaign=reality) The easy, stress-free way to gather content and documents CAANZ steps up and delivers some impactful guidance for accountants with struggling construction clients. Help your clients with the right tech to combat labour shortages and operational inefficiencies. Acuity Magazine article (https://www.acuitymag.com/technology/using-technology-to-combat-labour-shortages?adobe_mc=MCMID%3D43102373040830902173483203462748630757%7CMCORGID%3DE8464D1A576ABE727F000101%2540AdobeOrg%7CTS%3D1667197291) When the support, education and community is not forthcoming from our industry partners, is it really so bad that our accounting tech partners step in and facilitate? Bloody Director IDs Even if you’re dead - you still need one. FFS. Accountants are sacking clients who won’t get it because of tin hat conspiracies Link (https://www.abrs.gov.au/director-identification-number?gclid=Cj0KCQjwwfiaBhC7ARIsAGvcPe6m2xGDRCLragIvEhVft_LtyP40ppdeQ_BB-CptaHMWaVVOS9d8GjIaAqa2EALw_wcB&gclsrc=aw.ds) Being cyber safe is not at risk by ASIC or the ATO - its the basic lack of data security in your firm #GlobalBookeepingWeek #InternationalAccountingDay Getting chummy with a good bookkeeper - another way for accountants to get out of their own way, delight clients and be successful Top 5 things in the way for accountants Fear of loss of scope Fear of loss of client Arrogance? Ego? All sounds like fear, doesn't it What makes a great bookkeeper - Certified, experienced and willing to work together for the best outcomes for the client. Tips for getting the most out of your golden triangle Put the client ahead of our ego Leave ego at the door, respect each other’s craft Manage scope first with an adult conversation with your bookkeeper #CaptainObvious Of course sole traders won't pay Super if they’re cash strapped See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

5. 

   25 Oct 2022

   RU OK? It's tough out there! | EY expects profit from a de-merger? | New segment called #NoShitSherlock

   Welcome to Episode 5 of Reality Cheque with Shaye & Becc. Are you coping ok? It's not easy out there. R U OK? Shaye and Becc dive deep into some hard-hitting topics. We all thought things were going to get better after COVID but it hasn't ended. If anything it's gotten harder. Mental health is important and we ask that if you're doing it tough out there, please reach out, speak to friends, family, colleagues and friends in the industry who will know what you're going through. - This episode is supported by Aider. Check out how they help accountants scale advisory services across your entire practice. (https://www.aider.ai/?utm_source=The_Trenches_Campaign&utm_medium=Awareness&utm_content=&utm_campaign=From_The_Trenches_Campaign&utm_term=Oct_Nov_Feb) Show Notes: 2:45 The intensity in the profession right now is next level - are you ok? It's harder now than in covid - how could that be a thing? 4:00 Accountants should get a bonus from the government for rolling out all their initiatives Client expectations are blowing the scope budget because they’re panicking, not coping 7:40 What could we do differently to bring some relief to the intensity? 8:10 Sack clients - it'll make you feel better Bec outsources the operational side of her recent merger - unheard of!  Thank you Clarity Street (https://www.claritystreet.com.au/) Hire someone to take on as much non-chargeable tasks from chargeable team members 10:00 Reduce your opportunity cost by shifting tasks that are not your greatest impact activity 15:50 Bec gets ‘pissed off!' Accountants bridge the gap between Government and tax payers but they come after us as well. It's not good enough! 16:40 The Optus breach and the impact it's had on firms and their clients. Becc's horrified that not enough firms understand the impact this can have on your clients. 17:50 2FA Exists for a reason. 22:02 Shaye talks through poor scope and expectation management with our clients and how to best avoid it. Managing scope is so important in today's trying times. 28:34 Becc talks through Lee Dunsford's latest venture nine25, a platform that allows wage earners to get their income in real-time. No more fortnightly or monthly payroll?! Or.. is it completely horrifying that people can't wait a week to get paid? 35:00 Shaye & Becc introduce their no-shit sherlock segment or.... the Captain obvious segment. Headlines and news stories - that shouldn't be stories... because it's bleeding obvious. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

6. 

   12 Oct 2022

   When to choose family over work? | Conference's are back! | eInvoicing collaboration is needed right now!

   Welcome to Season 1 - Episode 4 of Reality Cheque Thanks to our Access Offshoring (https://accessoffshoring.com.au/) for their support of Reality Cheque. Access are ‘The Offshore Accounting Recruitment Specialists’, if you're interested in learning more about hiring high quality accountants overseas, learn more here. (https://accessoffshoring.com.au/) 1.00 Nothing today is pure WOG or BOG, somewhere in the middle 1.20 Automation in Audit. Lots of clunky software still in place, huge reliance on repetitive grunt work done by humans instead of the tech. Resource stretching and boring work creates an environment of errors and rush through. There is a rolling AFR article tracking audit issues at the big4: https://www.afr.com/companies/professional-services/court-actions-against-deloitte-ey-kpmg-and-pwc-20190404-p51avg (https://www.afr.com/companies/professional-services/court-actions-against-deloitte-ey-kpmg-and-pwc-20190404-p51avg) Greater adoption of technology can help lift burden from humans and AI can be used to look for exceptions and detect anomalies. Good friend Sholto Macpherson wrote a great article in acuity: https://www.acuitymag.com/technology/automatic-audit (https://www.acuitymag.com/technology/automatic-audit) Some of the tech that exists now includes: MindBridge - Explainable AI and Audit (https://www.mindbridge.ai/blog/explainable-ai-and-audit-transparency-and-trust-webinar-recap/?utm_campaign=2022+Q3+Webinar+Explainable+AI&utm_source=linkedin&utm_medium=social&utm_term=explainable+AI&utm_content=xAI+Webinar+Recap&hsamp_network=linkedin&hsamp=bryNA5jop9N3) Dext Precision: https://dext.com/au/products/precision (https://dext.com/au/products/precision) Xbert: https://www.xbert.io/ (https://www.xbert.io/) 10.30 Conferences bringing people together Shaye & Beccs womance began at XeroCon Intuit Connect in Vegas is a known as the biggest and best conference in the accounting world Xerocon (https://www.xero.com/au/events/xerocon/sydney/) DreamForce (https://www.salesforce.com/dreamforce/) https://quickbooksconnect.com/ (https://quickbooksconnect.com/) 13:45 Having the freedom to choose family over work Choosing between Tayah’s graduation and QuickBooks Connect (https://quickbooksconnect.com/) (in Vegas no less) was a no brainer for Shaye.  No fear, complete safety, complete support from her boss and organisation. Shaye now feels safe enough to make these choices after years of working in an industry that made her feel frightened to prioritise family. Becc shares regrets over earlier choices and actions where work was chosen over family. This kind of inclusivity costs nothing - it's all about culture.  So why does our industry still stigmatise prioritisation of family?  Biiiiig miss for millennial parents…. Biiiiig miss for the sustainability of our industry.  Worst on Ground for the rehab required after leaving public practice ;) DE&I at Intuit (https://www.intuit.com/company/corporate-responsibility/diversity/) 23.50 Insolvency causing nightmares Beccs client going through insolvency is cause actual nightmares Did she do enough? Where is the education in our industry to help identify businesses in strife - haven't seen anything since the beginning of covid - but the issues are happening now? How do the membership bodies decide what education to push out? 29:40 Imposter syndrome - something wrong with Becc 30:40 Xero & Intuit coming together to educate the masses on eInvoicing. The man, the legend, Simon Foster (https://www.linkedin.com/in/sjfoster/), suggests that Intuit and Xero demo together on an eInvoicing webinar with the CA ANZ, and earns Shaye’s undying love and respect hahaha https://store.charteredaccountantsanz.com/Are-you-eInvoicing-Its-secure-and-efficient-but-is-it-for-everyone?quantity=1&custcol_lll_eventdate_opt=18&custcol_lll_eventyear_opt=7&Location=Online&custcol_lll_eventmonth_opt=8 (https://store.charteredaccountantsanz.com/Are-you-eInvoicing-Its-secure-and-efficient-but-is-it-for-everyone?quantity=1&custcol_lll_eventdate_opt=18&custcol_lll_eventyear_opt=7&Location=Online&custcol_lll_eventmonth_opt=8) Shaye & Becc shout out to Damien Greathead https://www.linkedin.com/in/damiengreathead/ (https://www.linkedin.com/in/damiengreathead/) for being a great human See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

7. 

   28 Sept 2022

   Empathy is your SUPERPOWER | Clients who do their own payroll? FFS! | Construction industry needs our help

   Reality Cheque: Season 1 - Episode 3 Thanks to Content Snare for supporting this episode. Find out more Content Snare here. (https://contentsnare.com?utm_source=ftt&utm_medium=sponsor&utm_campaign=reality) Show Notes Shaye has FOMO, Becc rubs it in with all her travel plans. 4.04 Women in Finance awards https://www.womeninfinanceawards.com.au/ (https://www.womeninfinanceawards.com.au/) Last year’s esteemed winner ofc The Excellence Award - Miriam Holme (Radelaide represent) https://www.linkedin.com/in/miriamholme (https://www.linkedin.com/in/miriamholme) 6.40 Worst On Ground (WOG): Payroll, oh my, payroll.  Get it wrong, the best way to stuff up your culture, and possibly land you in jail.   If you can’t afford to pay your staff right, your business is not viable.  Don't do your own payroll unless you know it's configured right! https://www.accountantsdaily.com.au/regulation/17395-fwo-recovers-record-500m-in-unpaid-wages (https://www.accountantsdaily.com.au/regulation/17395-fwo-recovers-record-500m-in-unpaid-wages) Fair Work Ombudsman https://www.fairwork.gov.au/ (https://www.fairwork.gov.au/) Apps that help you stay payroll complient: - Tanda - Rostering, Attendance and Award Compliance Software https://www.tanda.co/ (https://www.tanda.co/) - Deputy - Rostering, Timesheet and Time Clock Software https://www.deputy.com/ (https://www.deputy.com/) 16.00 WOG: Construction industry needs more support!  Make sure you don't go into the industry with your blinkers on - you need at least 5 months capital. https://www.accountantsdaily.com.au/business/17355-building-industry-needs-legal-scaffold-to-trade-through-crisis (https://www.accountantsdaily.com.au/business/17355-building-industry-needs-legal-scaffold-to-trade-through-crisis) 12.30 Best On Ground (BOG): - Negative Camber the Motorsport Show.  Allyship in Motorsport - lack of representation from artists signed to entertain at the upcoming Adelaide 500 https://www.italiauno.com.au/ (https://www.italiauno.com.au/) Negative Camber - The Motorsport Show https://open.spotify.com/show/0JoD9i6RZ5lvRfMPzQeWr3 (https://open.spotify.com/show/0JoD9i6RZ5lvRfMPzQeWr3) The Adelaide 500 https://adelaide500.com.au/ (https://adelaide500.com.au/) The artist line up lacks diversity. https://citymag.indaily.com.au/culture/big-surprise-white-men-to-headline-the-adelaide-500/ (https://citymag.indaily.com.au/culture/big-surprise-white-men-to-headline-the-adelaide-500/) Netflix: Drive To Survive https://www.netflix.com/au/title/80204890 (https://www.netflix.com/au/title/80204890) 29:25 BOG - Empathy is your SUPERPOWER: Lifting learnings into our firms from empathetic leadership in sport.  Controlling the controllables and leveraging empathy as a superpower. https://www.afr.com/work-and-careers/leaders/ted-lasso-s-leadership-lessons-for-ceos-20220718-p5b2dz (https://www.afr.com/work-and-careers/leaders/ted-lasso-s-leadership-lessons-for-ceos-20220718-p5b2dz) Ted Lasso: https://tv.apple.com/au/show/ted-lasso/umc.cmc.vtoh0mn0xn7t3c643xqonfzy (https://tv.apple.com/au/show/ted-lasso/umc.cmc.vtoh0mn0xn7t3c643xqonfzy) Fridays with Fitz https://www.instagram.com/fridayswithfitz/?hl=en (https://www.instagram.com/fridayswithfitz/?hl=en) Mark Fitzgibbon https://www.linkedin.com/in/mark-fitzgibbon-3754504/ (https://www.linkedin.com/in/mark-fitzgibbon-3754504/) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

8. 

   14 Sept 2022

   Controversy with CPA USA | Stop giving client discounts | ASIC boot a bad actor|

   It was a tough week. Grumpy clients, difficult ATO…. Thanks to Weel (https://letsweel.com/) for supporting this week's episode. Spend management, streamlined. Becc - Worst on ground Becc’s worst on ground is Shaye. Offer clients fee discounts - hell no!  How can we  incentivise clients to send their tax work in at times of the year that are not super busy in the firm?  Becc share’s her tips for how to discount effectively without undermining the value of your services. The offending webcast https://www.accountantsdaily.com.au/webcasts/17246-5-tips-for-a-more-efficient-financial-year-in-your-firm (https://www.accountantsdaily.com.au/webcasts/17246-5-tips-for-a-more-efficient-financial-year-in-your-firm) Aly and Andrew’s podcast https://www.accountingadventures.com.au/ (https://www.accountingadventures.com.au/) Becc - Best on ground ASIC for booting a bad actor.  Bad eggs bringing the image of the profession down and driving up the cost of compliance in our businesses. The naughty guy https://www.moneymanagement.com.au/news/financial-planning/asic-bans-adelaide-adviser-over-early-super-release (https://www.moneymanagement.com.au/news/financial-planning/asic-bans-adelaide-adviser-over-early-super-release) Shaye - Best on ground Project Alfred Accounting industry salary checking tool reveals what we know in real life that the gender pay gap is definitely real and bleedingly obvious.  A shout out to our blokes, our allys working to make this something we never have to talk about again. Liam McNamara (https://www.linkedin.com/in/liam-mcnamara-450967189/) - you legend. Liam’s awesome work https://www.linkedin.com/posts/shayethyer_accountingandaccountants-activity-6960894083959599104--Ruv?utm_source=share&utm_medium=member_desktop (https://www.linkedin.com/posts/shayethyer_accountingandaccountants-activity-6960894083959599104--Ruv?utm_source=share&utm_medium=member_desktop) Where does the power really sit in the CA ANZ when it comes to addressing gender pay gaps and diversity and inclusion more widely? UK mandatory reporting on gender pay gap - https://www.gov.uk/government/collections/gender-pay-gap-reporting (https://www.gov.uk/government/collections/gender-pay-gap-reporting) ICAEW’s view  https://www.icaew.com/insights/viewpoints-on-the-news/2021/oct-2021/gender-pay-gap-and-the-accountancy-profession-time-for-a-rethink (https://www.icaew.com/insights/viewpoints-on-the-news/2021/oct-2021/gender-pay-gap-and-the-accountancy-profession-time-for-a-rethink) CAANZ 2021 Remuneration Report https://www.charteredaccountantsanz.com/news-and-analysis/news/latest-ca-remuneration-survey-uncovers-work-landscape-and-vast-gender-pay-gap (https://www.charteredaccountantsanz.com/news-and-analysis/news/latest-ca-remuneration-survey-uncovers-work-landscape-and-vast-gender-pay-gap) Shaye - Worst on ground Controversial article banned by professional body in the US.  The controversy - saying out loud that the accounting industry fails to retain talent. More ostriches with heads in the sand pretending nothing is wrong…. The Cloud Accounting Podcast https://www.cloudaccountingpodcast.com/ (https://www.cloudaccountingpodcast.com/) The controversy https://www.linkedin.com/posts/blaketoliver_how-to-fix-the-leaky-cpa-pipeline-activity-6961045028962017280-5I2j?utm_source=share&utm_medium=member_desktop (https://www.linkedin.com/posts/blaketoliver_how-to-fix-the-leaky-cpa-pipeline-activity-6961045028962017280-5I2j?utm_source=share&utm_medium=member_desktop) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

9. 

   9 Aug 2022

   The W in PWC | Pay Rise Risks | A Eye

   How did year end reviews go for your team?  Did you anticipate the asks from the team? What does that mean for this coming year’s profitability?  Because accountants are standing up and asking to be valued! How much do accounting firms really stand in their own way when it comes to the path to awesome?  A lot, is the answer.  How much pain do we really need to be in to recognise that the time to change traditional practices is NOW? A huge thanks to Change GPS for their support on this episode. (https://changegps.com.au/) Legendary frontline accounting apps that transform your practice and your working life. Show Notes: Becc Spriggy Helps your kids learn about money. https://www.spriggy.com.au/ (https://www.spriggy.com.au/) Best on Ground PWC appoints first ever chair WOMAN! https://www.afr.com/companies/professional-services/pwc-s-first-chairwoman-pledges-to-focus-on-firm-s-culture-20220714-p5b1qf (https://www.afr.com/companies/professional-services/pwc-s-first-chairwoman-pledges-to-focus-on-firm-s-culture-20220714-p5b1qf) Greater adoption of AI is critical, like, right now. https://www.afr.com/work-and-careers/education/the-ai-challenge-must-start-in-schools-20220624-p5awbn (https://www.afr.com/work-and-careers/education/the-ai-challenge-must-start-in-schools-20220624-p5awbn) https://dayofaiaustralia.com/ (https://dayofaiaustralia.com/) Worst on Ground PWC’s chair appointment was super critical - especially given the concurrent scandal around another PWC partner (who has since resigned) busted for men-only gatherings (including strip club outings) where allegedly the five most attractive women in the firm were rated.     https://www.afr.com/companies/professional-services/pwc-partner-accused-of-rating-female-staff-leaves-firm-20220713-p5b17l (https://www.afr.com/companies/professional-services/pwc-partner-accused-of-rating-female-staff-leaves-firm-20220713-p5b17l) Shaye Accountants democratizing access to financial education is awesome - looking at you Rebecca White (https://www.linkedin.com/in/rebecca--white/)! https://www.bdo.com.au/en-au/financial-education (https://www.bdo.com.au/en-au/financial-education) Best on Ground Accountants ask to be valued - payrise please!  But some firms have other ideas….. https://www.accountantsdaily.com.au/appointments/17149-accountants-chase-pay-rises-above-6 (https://www.accountantsdaily.com.au/appointments/17149-accountants-chase-pay-rises-above-6) Worst on Ground Women’s participation in the workforce is at an all time high - but the accounting industry still snoozes on access to this key talent pool. https://www.smh.com.au/business/the-economy/silver-linings-the-surprising-way-the-pandemic-has-helped-women-at-work-20220717-p5b26z.html (https://www.smh.com.au/business/the-economy/silver-linings-the-surprising-way-the-pandemic-has-helped-women-at-work-20220717-p5b26z.html) Shout out to amazing gender equity aly Peter McCarthy (https://www.linkedin.com/in/peterjmcarthy/) - love your work! See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information.

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