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What a week to make worst on ground. No matter how hard you tried, some other company did it worse.

Xero are pulling their much loved version 1 reports. That was a show until\u2026

KPMG got caught cheating and CA did barely anything about it. That was a show until\u2026

CAANZ took 18 months to do what little they did causing all three accounting bodies to get a please explain from the Professional Standards Authority and somehow found a way to defend their actions and blame their processes instead of any one person.

Sounds like the type of unaccountable culture that could lead to\u2026.say\u2026\u2026systemising ethical breaches.

Best on Ground

David

Xero\u2019s Emotional Tax Return Campaign https://www.linkedin.com/posts/joseph-lyons-au_running-your-own-business-is-an-incredibly-activity-6949868389066514432-7Qly/?utm_source=linkedin_share&utm_medium=member_desktop_web\xa0\xa0

Accountants Daily new Editor Phil King is capturing the mood of the industry with tech news and industry voice

Paul

New Xero product - Xero go. Interesting given the current app already has a lot of the functionality.\xa0 https://www.xero.com/blog/2022/07/xero-go-for-uk-based-sole-traders/\xa0

Beta testing new tech is good for the customer.\xa0

AI in Food - https://www.afr.com/technology/pizza-giant-gets-into-maths-of-preparing-food-before-orders-arrive-20220713-p5b1g0\xa0

Worst on Ground

Paul

CA can\u2019t uphold the ethics of the profession\xa0

https://www.afr.com/companies/professional-services/professional-regulator-blasts-shocking-delay-in-kpmg-cheating-probe-20220718-p5b2jn\xa0

1. Perception that CA treat big firms better than small may not be true\xa0
2. CAANZ blame their processes, but what about their people? Who is actually responsible?
3. The by-laws can\u2019t punish the right entities
4. How important is being part of the Professional Standards Authority?\xa0

ANZ - MYOB - Suncorp - Myob

https://www.arnnet.com.au/article/699933/anz-drops-myob-acquisition-talks/\xa0

David

Rezza hood manages to upset accountants and bookkeepers in one overly salesy Hpost

https://www.linkedin.com/posts/rezahooda_accountants-accountingandaccountants-activity-6953303419453378560-b5xX/?utm_source=linkedin_share&utm_medium=member_desktop_web\xa0

Mass Media Fear mongering on interest rates makes us dumberhttps://www.linkedin.com/posts/michaelhutchens_australias-mass-media-reporting-of-the-reserve-activity-6949950144876290049-rnjx/?utm_source=linkedin_share&utm_medium=member_desktop_web\xa0

Atlassian is so unprofitable but we worship them

https://www.smartcompany.com.au/startupsmart/analysis/atlassian-unprofitable-valuation-adam-schwab/\xa0

Why VCFO Fails https://www.linkedin.com/feed/update/urn:li:activity:6947990583122513920/\xa0 VCFO association is part of the solution they spend their time trying to educate on the difference\xa0 https://vcfoassociation.com.au/\xa0

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This Episode is brought to you by ChangeGPS - Growth Profit Systems making accounting client friendly (brought to you means Dave did it on ChangeGPS time).\xa0

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