The ‘Transforming the Future of Tax and Accounting’ roadshow is a must attend event to learn about the technology and industry requirements impacting professional accountants.
In the lead up to the Melbourne and Sydney roadshows we spoke to one of our presenters, Colin Walker, Assistant Commissioner for Practitioner Risk and Consultation at the ATO about the messages the ATO will be delivering to our audience.
What ATO messages can we expect to hear more about?
Working with Wolters Kluwer is a great way to share our insights into what is coming in the future with respect to practice management software, lodgement requirements, portal services and our vision for the future of agents and software developers.
If you had to describe your presentation in three words, what would it be?
The future experience.
What will audience members learn from your presentation?
If you attend any of the roadshow venues a key takeaway will be understanding more about the future way you will interact with the ATO and how and what you will see from a change perspective with respect to representing your clients. From an ATO perspective, we will highlight how in the longer term professional accounting firms can expect a high degree of change particularly around what we will share with agents in the future and how they will interact with us.
This centres on the direction for practice management software. What we want to do is paint a picture of what you are doing today and what you are likely to need to do in the future. For many professional accountants this will lead to potential change in the way they operate and this is a great opportunity for us to share our insights. Collaboration is key to the success of this change and it’s no coincidence we are working with one of Australia’s leaders in practice management software to share this vision.
What more can we expect to hear from the ATO in the coming months about change and reinvention?
We have started delivering our message on change and re-invention to Australia’s accounting sector and we want the audience to know that we understand their world is changing. The ATO appreciates practice activities in the future will be different and likely in many cases to be in a very different environment to the one that many firms experience now.
Some firms are preparing themselves for this future and embracing change and the opportunities that this brings and from what we are seeing are coping well.
For those firms that are challenged by the changing trends in practice management, this session is a must see. The future is very different; it’s no longer a two way relationship between the accountant and the ATO. Instead it will be based on three way collaboration between the ATO, the accountant and the practice management software provider. This is the future.