Day 3 Review, Part 1 – Tax and the pommel horse!

It was day 3 of CPA congress, but technically Day 2 for the taxabull team. Here’s a summary of how it panned out:

Tax Reform

We were excited to see the one and ONLY tax session at the CPA Congress. As we arrived, the session was completely full, save for the first row!

Bob Deutsch spoke about tax reform and his recommendations for improving the tax system. Bob is a recognised expert amongst tax professionals. He is also one of the co-authors of The Australian Tax Handbook, a publication that we use! So we were very interested to hear from him.

China Business Overview

Session: China/Asian Business overview

Presenter: Jim Harrowell AM
President, Australia China Business Council (NSW),

Member, Attorney-General’s China Working Group

Partner, Hunt & Hunt

We walked in slightly late after the lunch and we were not sure what to expect in this session. It seemed like a history lesson on China on initial impression, because it started out with an overview of China in the last 60 years. However, we were pleasantly surprised with the content and its importance to the Australian economy. This was in one of the smaller rooms, with approximately 150 people interested to learn about this powerhouse economy.

New Ways of Winning Friends and Influencing People

Session: New Ways of Winning Friends and Influencing People
Presenter: Paddy Spruce
Motivational Speaker & Corporate Trainer
Paddy Spruce & Associates

“The only way to have a friend is to be one”

As people made there way into the auditorium, they didn’t know what to expect from well known motivational speaker and corporate trainer Paddy Spruce. Perhaps they were hoping Paddy could provide them with some inspiration, motivation, energy and optimism during these tough economic times.

The numbers drive the strategy

Session: Using accounting information to drive strategy

Speaker: Craig Melcer
Corporate Business Analyst
Boeing Defence Australia

This session was focused on several case studies based on the presenter’s work experience. Primarily, it dealt with two management accounting issues:

  • Activity based costing
  • Making strategic decisions – for M&A

The Economist View

Who said economists were boring?

One of the more entertaining sessions of the day was by Craig James, Chief Equities Economist at Comsec. He spoke about the challenges and opportunities that lay ahead for 2009/2010 (i.e. the next 12 months). A session that not just accounting people needed to hear, but business people too.

It was one of the keynotes in the larger auditorium and attracted an audience of approximately 1,000 people. A very live and energetic performance to start the day!