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While value-based pricing is on the rise and billable hours are drawing increasing criticism, accountants who choose to ditch timesheets risk flying blind, according to one consultant.
Timesheets remain a staple of most accounting practices in Australia, even as firms increasingly move to more flexible models of measuring outcomes and output. Change Accountants & Advisors chief executive Timothy Munro told Accountants Daily that he believes 95 per cent of the industry use timesheets within their practice.
Read the full article on Accountants Daily.