These extraordinary and everchanging times have prompted firms to adjust some of their regular operating procedures for staff and clients to resume face-to-face appointments safely. One requirement currently being implemented is employees as well as their clients must...
Technology Support
IT solutions for accounting firms provided by the experts
Developing Analytics for Audit – What are the Challenges?
by Andreas Ong | Oct 13, 2017 | Technology Support
With advancements in technology, more and more data is being made available to be shared between applications and more data is now easily available to auditors. With the improvements in cloud technology and the internet, we are moving to cloud enabled applications...
Ransomware Can Destroy Backups in Four Ways
by Iain Enticott | Oct 7, 2017 | Technology Support
I just found a very interesting blog post by Jerome Wendt, President & Lead Analyst of DCIG, Inc., an independent storage analyst and consulting firm. He started out with "The prevailing wisdom is that if you back up your data you can recover from a ransomware...
Social Engineering – What you Need to Know
by Brad Lynch | Oct 3, 2017 | Technology Support
What is it? Social engineering is the process by which sociological principles are applied to specific social problems. In simpler terms, it is the exploitation of social relationships or behaviours to achieve a desired result. You could also call this...
The Client Portal: The Next Step In Efficiency
by Brad Geelan | Sep 21, 2017 | Technology Support
The 2017 Good Bad Ugly Insight report on Technology has revealed that out of all the potential investments an accounting firm could make in the next 12 months, a client portal is at the top of the list for Aussie firms. Though many firms have improved their efficiency...
Is that a brain or just a pile of junk? (Part 2)
by David Smith | Sep 12, 2017 | Technology Support
In part 1 of this series, I outlined some thoughts in relation to machine learning and big data and the impact on the accounting profession. These are just some of the technologies that are mooted to transform the world of accounting. Now in part 2, we’ll consider...
Accountants Must Keep Their Eyes on the Prize
by Kevin Bungard | Aug 22, 2017 | Technology Support
The pressure is on accountants to adopt the most efficient wealth accounting tools and grow profitable new revenue streams July 1 has come and gone and most of the Super Reforms are in force. Accountants are now swamped with work implementing the Reforms and putting...