“Accountants are dynamic, interesting, highly intelligent, hard-working individuals.” - Alexa Loo (CPA, CA) Introduction For some, accountancy has may been perceived as something of a dry subject; essential but not exciting. Those days are gone as the field has undergone a dramatic revolution. These days, with big data all around, accountants have shifted from [...]
“We're so complex; we're mysteries to ourselves; we're difficult to each other. And then storytelling reminds us we're all the same.” - Brad Pitt Introduction Let us take a deep dive into the role of Data Storytelling in finance. We will explore the transformative narratives that intertwine with numbers, making complex data accessible and [...]
The advance of technology is based on making it fit in so that you don't really even notice it, so it's part of everyday life. - Bill Gates - Co-founder of Microsoft Introduction Strategic synergy is the key goal when we think about the success of effective accounting. This synergy comes from balancing the automation [...]
“Accounting is not just about counting beans; it’s about making every bean count.” – William Reed Introduction In 5 years, the role of an accountant won't be the same as it is today. Using technology like automation is becoming the norm, not the exception. Accountants’ roles are also changing, where they are no longer simply [...]
"An investment in knowledge pays the best interest." — Benjamin Franklin Profit drives every business. However, there's no formula for doing this because each business is different. To maximize profits, a strategy based on a keen understanding of the financial landscape is key. Also crucial is finding the right accountant. Whether in-house or outsourced, [...]
“Without ethics, man has no future. This is to say, mankind without them cannot be itself. Ethics determine choices and actions and suggest difficult priorities.” - Joe Berger (IFAC) Introduction Accountants need a strong moral compass. Under ethical codes of conduct, they help guide businesses based on honesty, transparency, and fairness. As the word [...]
The Pros and Cons of Hiring a Bookkeeper Why should you hire a bookkeeper? This is the question asked by business owners.Regardless of the type of business you run, this business will undoubtedly earn and spend a certain amount of money every year. If you want to be certain that your finances are accurately [...]
