by Mick Devine | Last updated Jul 27, 2021 | Educational, KPIs
Working Capital Ratio is a simple KPI that tells your business health. There’s a variety of numbers to choose from when assessing the health of your business but the Working Capital Ratio is one that’s commonly used. It is relatively simple to prepare. Even without a...
by Mick Devine | Last updated Jul 2, 2022 | Cash Flow Forecasting, Educational
A revenue crisis can happen to any business. It can have its foundations from an economic downturn or increased competition. On the other hand, it can originate from internal mistakes. Whatever the reason, it is a problem that needs a solution. So, you’ve compared...
by Mick Devine | Last updated Sep 23, 2021 | Budgeting, Educational
How do budgets guide your business to your planned destination? We often get asked this. A wise man once described accounting as like driving a car using only the rear-view mirror. It gives you a good idea of where you’ve been but very little indication of where you...
by Calxa Team | Last updated Jan 9, 2025 | Educational, Product Information
Compliance vs Advisory Practice is the question. Everyone’s talking about accountants moving away from compliance. They say the sweet spot is in business advice. However, how many are actually doing that? And moreover, how easy is it to become an Advisory Practice?...
by Kristian Schader | Last updated Sep 22, 2021 | Educational, NDIS
With the release of the Specialist Disability Accommodation (SDA) Policy Framework, the NDIA clearly set the parameters for these services.Here is how Specialist Disability Accommodation Providers can manage their financial risk. While the sector welcomes this...
by Alex Lewis | Last updated Apr 30, 2024 | Educational, Reporting
Storytelling with Numbers explores the foundations of financial reporting. Is Reporting storytelling or is Storytelling reporting? You are forgiven if you have a position either way. Delivering financials can be the mother of all stories. It is just that it uses...
by Mick Devine | Last updated Nov 15, 2022 | Budgeting, Educational
Building your budgets back to front means starting with a blank piece of paper and budget for a desired net profit. Many of us start from last year’s results. Taking a shortcut with our budgets by extrapolating from last year’s results will generally give you a fairly...
by Mick Devine | Last updated May 23, 2023 | Cash Flow Forecasting, Educational
The arrival of the pandemic in 2020 brought home to all of us the importance of having cash reserves. Whether you are a sole trader, a small or medium business or a not-for-profit organisation, there’s nothing better than a healthy bank balance in times of crisis....
