Blog
May 14, 2018

Meet Deloitte’s Home-Grown AI That Eats Bank Rec for Lunch

Originally posted by Sholto Macpherson on Digital First: LINK HERE  How fast can you categorise a list of 130 transactions? Could you do it in under an hour? Deloitte has built an app that can do just that, without human intervention. This week in a keynote at Sydney’s Oracle Open World conference, Deloitte’s chief data scientist, Gavin Whyte, showed a slide with the results of a recent machine-learning experiment in bank rec. Whyte had convinced a sceptical customer of Deloitte’s tax and…
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Blog
May 11, 2018

SMSF Audits Under Pressure – Again

Its seems many in the industry are not amused at a sudden decision (pending) to push SMSF Audit out to once every three years. The questions raised is simply does this mean SMSF Auditors can still charge the same fee times 3 or is it they have just taken two thirds of the value off the business that has had many people invest their hard earned money and more valuable, time, without consulting the people who have maintained the Audit…
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Blog
March 12, 2018

How to value a CA firm – Back to Basics

Forget the valuation, sale terms are where mergers and acquisitions are won or lost. The most common question our team get asked at accountancy conferences is ‘what am I worth?’ Of course, what practitioners mean by this is, what is the value of my accounting firm, or a partners’ share of a firm upon succession or transfer? There are usually three reasons for asking this question: someone is buying into or exiting the practice, buy/sell or key person insurance is…
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Blog
February 25, 2018

ANZ Professional Lending Is Back

ANZ is back in the market pushing its profession lending out again. It’s been a long time since we have seen a dedicated product from this bank. Lending 3 times EBITDA after partner salary of $150k. Loans range from start-up to mid tiers (they seem flexible!). They have a great team to give you an indicative term sheet in around 1 week, that’s the official nod - you’ll need all the information though. It’s great to see these guys pushing back in, should bring…
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Blog
February 20, 2018

Why do I need a business valuation, I’m not selling!

“WHY DO I NEED A BUSINESS VALUATION, I’M NOT SELLING!” There are many reasons why businesses (including professional practices) should have an INDEPENDENT business valuation prepared: Buy/Sell Insurance - do you really want to be in business with your business partners life partner (or Trustee)? Or tied up in protracted, costly and soul destroying legal proceedings about extracting the deceased or incapacitated persons market value entitlement. Sadly only about 38% of Australian SME’s have Buy/Sell Agreements in place, n.b. Many Insurers insist on regular…
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BlogProfessional Fit
February 10, 2018

Staying Motivated In Our Sedentary Lifestyle

Move to maximize results in business is something CEOs do to battle the boardroom table and starve off physical and mental illness; why is it many of us don't? “Michael you are an idiot!” Said the doctor to his patient who constanly comes to his practice complaining of a back ache. Although this is just jovial banter between a doctor and his patient, there is an underlying frustration. For years the doctor has been questioning Michael with ‘why don’t you move more’…
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Blog
February 5, 2018

Welcome to Three Property – Sydney’s Property Management Specialists

Jadeja Partners are proud to present a new friend of the family; Since inception (2005) 'Three Property' have strived to be the go to property management specialists. focused on helping professionals, the Accounting community and their clients - from individuals through to corporate. The Directors; Ross Kocass, Tony Paskell and John Sherman, with more than fifty-five years of building management experience gained from some of Australia’s leading 
development companies share the same vision and ethos. Total comprehension of the complexities involved…
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Blog
January 30, 2018

Best deals of 2017 and what you can learn from them

2017’s bullish M&A market produced some stand out transactions in the accounting sector. No. 3 Brett Kelly’s stunning IPO Kelly + Partners founding partner Brett Kelly made an $8 million paper profit in a single day when his accounting firm made a blistering debut on the Australian Securities Exchange last June. Shares in the Kelly Partners Group, which owns Kelly + Partners, have soared 74 per cent above its $1 issue price since then, pushing its market capitalisation up to…
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Blog
January 9, 2018

Start the new year right – our 2018 do’s and don’ts

Revelling in Verbier’s fresh powder runs contemplating your strategic goals for 2018? Here’s our top two must-dos to build value in your practice, as well as a couple of don’ts. Office hygiene affects sale price. No, really. Scrub up. I mean literally. Tidy up that atomic scrap heap you call a desk. Invest in a Hugo Boss suit. Gents, learn how to knot a Windsor properly so you don’t look like a Hangman stick figure. Ladies, ditch the Nine West…
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Blog
January 8, 2018

A New Year, A New Service – Jadeja Partners now offering Valuation Services

Jadeja Partners now proudly offers valuation services. There are many reasons why one may want to determine a business value. These include; Sale negotiations - Real-time market valuations Business acquisitions - Buying at a fair and right price Re-organisations as a result of ownership changes or disputes Applying for finance facilities Development of Succession and Estate Planning strategies Arranging for partnership buy-in / buy-out Key person insurance, yearly review / adjustments Practice value gap analysis Relationship breakdowns Litigation support This support…
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