Posts by Tracy James

Good employees are the backbone of any business and are a critical factor in a business’s long term success.

“I was gambling in Havana I took a little risk. Send lawyers, guns and money. Dad, get me out of this”

The Pareto Principle (also known as the 80–20 rule) states that, for many events, roughly 80% of the effects come from 20% of the causes. It is named after Italian economist Vilfredo Pareto, who, in 1896 published a paper that showed that 80% of the land in Italy was owned by 20% of the population.…

New directors of a company need to be aware that under the director penalty regime after they have been a director for 30 days they are also liable for unpaid liabilities of the company which were due prior to their date of appointment.

Too many experienced accountants are still working like graduates.

The Code of Professional Conduct (Code) regulates the personal and professional conduct of all registered tax agents, BAS agents and tax (financial) advisers. The 14 principles in the Code are: You must act honestly and with integrity. You must comply with the taxation laws in the conduct of your personal affairs. If you receive money…

Three lessons from the United Nations that can be adapted and applied to business.

Accountants have the same business failure rates as small businesses in general.

Here are two lessons Switzerland can teach Australia about taxing.