CABEL is specialising and growing…

Just when you thought things were quietening down on the Browne, Eagar,  BEX Financial and now CABEL Partners front, John and I have sourced a suitable practice to step us in the right direction toward our strategic plan for growth.

Over the past 4 months I have been working with a business broker whom I have known for several years, and assisted me in the purchase of the FWA Eagar&Co firm in 2005. The broker, Dip Jadeja has found a firm with which CABEL has significant synergies. Over many meetings, we have established that the fit seems right. The processes, ethics and client approach that this new firm has, is on the same platform and shares the same values as CABEL Partners.

By acquiring this firm, CABEL Partners will be able to service a specialised business services group, which will give  basis and support to the additional services we provide in audit, bookkeeping, tax consulting and financial planning. It will also give our team a greater range of experience with new clients and their business. The staff from the new firm will continue working with their clients, but will be re-locate to the CABEL offices.

We are at this time surrounded by builders, boxes and dust, as the new workstations and computer systems are installed for the acquisition.

For you, our important and existing CABEL clients, nothing will change. We will have more specialised staff and more clients which I believe will allow us to provide you with a better service. Once our new team members have moved and settled in to the office, I will introduce them to you.

If you have any queries or suggestions about this change, please contact me or Anna on 8071 0300.

Phil

Do your employees have personal leave accrued?

We recently came across an issue, on two separate occasions, where an employee who had been paid in advance (e.g. monthly, 2 weeks in advance, 2 weeks in arrears) stopped coming to work due to illness. On both occasions the employee had resigned. Both employees did not have any accrued personal leave (sick), so basically they had been overpaid for the time they were not in the office.

We had assumed incorrectly that because the  employee had Annual Leave accrued, we could offset the negative entitlement for personal leave against the Annual Leave on termination.  However, on further investigation found that this is not allowed. As the employee is entitled to the accrued Annual Leave, it must be paid without offset. So, ensure you are aware of your employees sick leave entitlements on a monthly basis so overpayment is not made.

CABEL Cooking School

The CABEL Group ventured to a cooking school in early October for our bi-annual professional development and social day. After spending the morning learning about the strategic direction of the firm, and some interesting tax cases from Matt, we wandered down to ‘Cooking for Blokes’, which turned out not to be just for the blokes at all.

We whipped up a salad nicoise, with perfect knife skills and only a few tears from our BEX counterpart.

Half the group learnt to daintily debone a chicken, and as the beer and wine flowed, the chefs kindly finished the meal, producing a sensational Coq au Vin with
orange crepes for dessert.

Just a warning though, if you think Suet is dangerous calling you re invoices, she now wields a knife with ease!

BOB

BOB

BOB

WHAT’S ON IN SYDNEY?

SYDNEY BEER CRAFT WEEK – 22-29 October 2011

After sell-out events in Melbourne the last two years, the beer loving mad-men from BeermenTV, in conjunction with some of Sydney best brewers, breweries and venues, are about to unleash a week of events upon Sydney that will treat NSW taste buds to an array of amazing Australian artisan beer and some of Sydney’s best food and fun.

CRAVE FOOD FESTIVAL – 1-31 October 2011

Crave Sydney International Food Festival (October 1 – 31) celebrates Sydney as a global dining destination enhanced by regional New South Wales produce and wine.

HAUNTED MUSEUM PARTY – Friday 28 October 2011

Be our ghoulish guests for this very special haunted Halloween celebration at the Australian Museum. Hear tales from beyond the grave, trick or treat through the Museum, watch a Halloween movie and have your face painted!