News
Accountants face up to the cost of cloud app stacks
August 15, 2023
A recent rise in software fees has sparked debate among practice owners about how the cost of multiple, interconnecting cloud applications should be packaged and presented to clients, whether price hikes should be passed on and when this should happen.
Flexibility and financial security are not negotiable, Gen Z says
August 11, 2023
Work/life balance is imperative to attract and retain younger workers. New research shows business leaders aren’t as enthusiastic about flexible working as employees are.
Experiential Learning: An Evolution in How Knowledge Is Obtained by Prospective CPAs
August 10, 2023
No policy issue has dominated the accounting profession over the past several decades as much as accountant education – specifically, the 150-hour education requirement.
Investing in generative AI is a balance between risk and reward
August 09, 2023
A recent global survey from McKinsey found that leaders are looking to increase AI-related investments, but less than half have planned for the organisational risks involved.
The cost of running a practice over four years
July 24, 2023
Running an accounting firm needs constant attention as tech prices and client specifications change constantly. Practice owner Alex Falcon Huerta lays out her current tech stack and how her costs and priorities have evolved.
The value of disruption
July 24, 2023
With so much disruption being thrust upon them, you'd think the last thing accounting firms would want to do is to disrupt themselves — yet that may be exactly what they need to do, says Bob Lewis of The Visionary Group.
AI and automation: Augmentation, not replacement
July 18, 2023
While technology undoubtedly speeds up some of the more time-consuming aspects of accounting work, it is not a magic solution to the skills shortage. Jonathan Bareham, director of Raedan, says human expertise remains essential in building a successful firm.
Inclusion advice: Start with allyship
June 28, 2023
A new report shows "disproportionate challenges” for LGBT+ employees, shares inclusion advice for organisations.
In one minute, this simple tool could save practitioners hours
June 26, 2023
A few clicks of the mouse could save practitioners a ton of time by assisting them in determining whether they need to apply the requirements of AR-C Section 70, Preparation of Financial Statements, when their bookkeeping or accounting services result in financial statements.
5 Trends to Know About Today's Multigenerational Workforce
June 22, 2023
Today's workforce is made up of four distinct generations. Understanding what motivates each of them can help companies more effectively recruit, manage and retain strong teams.
Pilot program set to help all stakeholders along the talent pipeline
June 21, 2023
The 150-hour education requirement for CPA licensure has become a target for some who see it as an easy way to ease the talent pipeline issues facing the profession.
Why accounting firms need a strong strategic plan
June 20, 2023
Failure to plan is planning for failure. That adage rings especially true for accounting firms in these modern times. Buffeted by hurricane force winds of change, firms must ponder how to proceed through uncharted, unsettled waters.
Why a good website is essential for your practice
June 19, 2023
A good website that meets client expectations is fundamental for accountants and bookkeepers in 2023. It’s a way to generate and convert leads, a place for existing clients to access knowledge and support, and a modern-day equivalent to ‘word of mouth’.
Succession: Why it should be on accountants' minds
June 15, 2023
Passing your practice on to the next generation sounds easy, but far too often, accountants bury their heads in the sand rather than planning for the future of their firm and their colleagues.
How To Recruit Employees: Creative Employee Recruitment Strategies
June 13, 2023
A new or growing business may need to devise creative recruitment strategies to reach the most qualified individuals. In today's labor market, many small and medium-sized businesses face additional hiring challenges thanks to recent inflation and economic fluctuations, which have created uncertainty for both employers and job seekers.
The skills crunch: How did it get so bad?
June 13, 2023
From the great resignation to quiet quitting and the lost generation of talent, a perfect storm has capsized the profession’s attempts to solve the skills shortage. While there is hope, it’s not going to be easy.
3 Ways CFOs Can Drive a Cohesive Company Culture
June 08, 2023
Here’s how CFOs can use their unique skill set to play an active role in strengthening company culture.
AI won't take your job, But someone using AI might
June 07, 2023
ChatGPT is the latest in a very long line of artificial intelligence (AI) advancements to result in much scaremongering.
Tactics to manage and resolve workplace conflict
June 07, 2023
Framing conversations, using emotional intelligence, and bringing in a mediator if needed can help resolve business workplace conflict.
Accounting giants join AI investment rush
June 06, 2023
Thanks to the hoopla surrounding ChatGPT and other generative artificial intelligence (AI) tools, private and public investors are caught up in a funding frenzy recently characterised by the FT as “the latest Californian gold rush”.