Today, we sit down with Scott Parham, one of our highly qualified and experienced Accountants to learn what being a Chartered Accountant means to him and to see what advice he has for anyone thinking of going into small business in today’s world.

  1. What does it mean to you to be a Chartered Accountant?

What CA means to me, is a partnership with one of the world’s leading education providers in accounting. Through this partnership, there will be a need for continuous learning and development in order achieve and maintain the high expectations set by Chartered Accountants Australia and New Zealand [CAANZ]. I feel this will equip me with the skills and knowledge needed to tackle the problems faced in business today.

  1. Can you please explain what your role is at McPhails and the best thing about it.

My role at McPhails is to prepare and assist partners and managers with the preparation of self-managed superfunds, business accounts and tax consulting. The best part of my role is that I get to work with a wide array of clients from different fields of business.

  1. What’s one piece of advice you would give to someone who is starting out in business today?

My advice would be to embrace technology. With the evolution of computer software, this has created many programs that will assist any business owner in ensuring that their business is running at its greatest efficiency. One example of this is an accounting software provider Xero. They have created a user friendly accounting and bookkeeping software that is aimed at providing real time information, through the use of features such as bank data feeds and being a ‘cloud’ based software.

  1. If we came to dinner at your house tonight who would cook and what would we eat?

If you were to come to my house for dinner, both Hannah (my partner) and I would be delighted to be making you a seafood curry laksa. This dish we both love to make as we overload it with prawns and mussels.

  1. What am I known for by the team at McPhails

I am a ‘foodie’. A way I like to start my weekend is by going to a nice café and have a relaxing brunch. My favourite orders are usually a brekkie board or smashed avocado with eggs (could be a reason I don’t own my house).

  1. How would you describe the work that you all do for your clients?

I would describe the work we do at McPhails as a quality service and value adding to the client. This is achieved by the attention to detail and effective communication management required by all staff members. This ensures that the work produced is accurate and available to clients in a timely manner in order to assist in making more informed business decisions.

Thanks, Scott and congratulations on your recent educational accomplishment.