Small Firm, Big Impact Express

AI tools can generate research and summaries instantly, but they don’t always produce reliable information. In some cases, outputs may include incorrect or fabricated references that appear credible at first glance.  In this episode of Small Firm, Big Impact Express, Carolyn White, Manager of Library Services at Chartered Accountants Australia and New Zealand (CA ANZ), explains how accounting firms can use AI tools more safely when conducting research.  In just a few minutes, she explores:  Why AI tools can produce incorrect or fabricated references  What firms should verify before relying on AI-generated information  Practical steps to validate research outputs  How CA ANZ Library Services can support research verification   Resources and further reading:  Visit the podcast page for more resources  See omnystudio.com/listener for privacy information.

New integrations, AI-powered features and deeper connections between software tools are rapidly reshaping the accounting tech landscape.  In this episode of Small Firm, Big Impact Express, Heather Smith FCA, FCCA, FICB, founder of ANISE Consulting and host of the Accounting Apps podcast, breaks down what’s changed across common accounting platforms, why your tech stack has a direct impact on profitability, and the practical steps small firms can take to audit their tools for better efficiency.  When systems don’t talk to each other, the cost isn’t just subscription fees. It’s duplicated effort, manual re-keying and billable time lost.  In just five minutes, you’ll learn how to review your current stack, identify overlaps, activate underused integrations and prioritise the highest-impact improvements.  If you want a clear, actionable check-in on whether your tools are helping or hindering your firm’s growth, this episode gives you the essentials without the overwhelm.    Resources and reading:  View the full resource list and episode notes here Explore more resources on the podcast page Visit the Smaller Practices Centre for more information  See omnystudio.com/listener for privacy information.

In the first episode of Small Firm, Big Impact Express, Jill Muir, Senior Policy Advocate, Business Reform at Chartered Accountants ANZ, breaks down what the Tranche 2 AML/CTF reforms mean for accounting practices ahead of the 1 July 2026 start date. In just five minutes, this episode covers what’s changing under Australia’s AML/CTF regime, which accounting services may bring firms into scope, why the reforms matter for small practices, and the practical steps firms can start taking now. If you want a clear snapshot of what’s changed, why it matters, and what to do next, this episode gives you the essentials without the overwhelm. Resources mentioned in this episode: Australia’s AML/CTF reforms: questions and answers AML/CTF program project plan (AU) for professional accountants AUSTRAC Accounting Program Starter Kit Access all the episode notes here  See omnystudio.com/listener for privacy information.