Equity Planning and Succession
Succession · Equity Buy-In The Equity Promise Most Firms Cannot Keep Capable senior people want to buy into accounting practices again, for the first time in about a decade. But there are only two ways to give them equity — add a seat, or free one up — and a great many firms can do […]
CGT Changes 2026
Succession · Capital Gains Tax The CGT Rules Have Changed. Know What Your Practice Is Worth. The 50% CGT discount on long-held assets ends on 1 July 2027 — but selling in a hurry is rarely the answer. Knowing your value is. Michelle Knights · Rob Knights & Co The capital gains tax changes announced […]
Selling a Regional Accounting Practice in Australia
Practice Broking · Regional Australia Selling a Regional Accounting Practice: Why the Rules Are Different In a small town, there are no secrets — and the competitive rules that govern city firms simply do not travel. Michelle Knights · Rob Knights Practice Broking I spend a good part of every year on the road, sitting […]
Accounting Firm Consolidation
Practice Broking · Industry Insight We’ve seen this before. Australian Accounting Firm Consolidation: What the 2000s Aggregations Teach Us About Today’s Buyers The last time this happened, four major aggregators tried to roll up the profession. Three collapsed. One survived — and not in its original form. Michelle Knights · Rob Knights & Co We […]
New Anti Money Laundering Rules For Accountants
Anti-Money Laundering (AML) Law Changes in Australia What Accountants, Lawyers and Finance Professionals Need to Know Before 1 July 2026 Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) framework is entering its most significant expansion in more than 20 years — and the practical impact will extend well beyond banks and financial institutions. If you’re an […]
Valuation Pitfalls to Avoid: Lessons From 50 Years of Practice Assessments
For owners of accounting, law, and financial practices, one of the most pressing – and often misunderstood – questions is, “What is my practice actually worth?” While it may be tempting to rely on rules of thumb or compare yourself to a peer’s recent sale, valuing a professional practice is far more nuanced. Let’s delve into the critical drivers of valuation and debunk some of the myths that can lead to unrealistic expectations.
When Is the Right Time to Value Your Practice? A Strategic Guide
Often, the idea of valuing your practice surfaces only when a sale or succession is imminent. However, viewing valuation as a one-time event can leave you unprepared for opportunities and challenges alike. When used strategically, practice valuation is an indispensable tool that supports growth, decision-making, and long-term planning.
What Is Your Practice Really Worth? Breaking Down the Key Drivers of Valuation
For owners of accounting, law, and financial practices, one of the most pressing – and often misunderstood – questions is, “What is my practice actually worth?” While it may be tempting to rely on rules of thumb or compare yourself to a peer’s recent sale, valuing a professional practice is far more nuanced. Let’s delve into the critical drivers of valuation and debunk some of the myths that can lead to unrealistic expectations.
