In the evolving landscape of corporate governance and financial reporting, the role of the external auditor has never been more critical. Recent concerns regarding the independence of auditing firms, especially in relation to the provision of auditing versus...
Technology
Technology solutions for accounting and financial advisory firms
AI Drunk – the future is intoxicating
by Magnus Yoshikawa | Apr 17, 2023 | Practice Management, Technology
With all the CHATter about 'AI' we wanted to let you know what your peers have been saying. “The ATO will use this opportunity to finally remove the need for Individual Tax Returns” “The Computer turned up and we all stood around it wondering what will be left for us...
Services you offer affect your talent!
by Peter Towers | Mar 25, 2023 | Business Services, Technology
You may recall that, about nine months ago, CommBank Accounting Market Pulse reported that they had conducted a survey of 45 accounting firms. The result that really stood out was the comment that “the only limitation they face is the worsening talent shortage”. Many...
Join the accountants embracing technology
by Stan Corner | Mar 9, 2023 | Client Management, Technology
Small to medium-sized accounting firms have been quick to understand and embrace the value of automation through accounting apps over the last year. According to the Practice Protect 2022 Accounting Cloud Apps Report automation is growing fast as accountants...
Choosing the right option to send ATO correspondence to your clients
by Stan Corner | Jan 30, 2023 | Featured Articles, Practice Management, Technology
Emails, letters, phone calls, texts, client portals, dedicated mobile apps – there’s no shortage of communication options we navigate daily. Throw in personal client preferences and getting important correspondence to your clients, and it can easily become a...
The disturbing matter of workflow control
by Dale Crosby | Jan 12, 2023 | Business Services, Practice Management, Technology, Workflow Management
Leverage of resources has never been a more important issue for accounting and financial advisory firms. The leaders of firms recognise the importance of providing clients with a stronger strategic and advisory focus. However, without effective leverage of both...
Why accountants should pay attention to ChatGPT
by Rob Pillans | Dec 21, 2022 | Accounting Software, Business Services, Client Management, Technology
ChatGPT is an indicator of the massive impact artificial intelligence is going to have a on how knowledge workers and others work. In this article I explain what it is and why I believe we all need to pay attention. It’s a bit longer than usual but please go the...