The world of accounting opens up

From San Jose to Sydney, there’s plenty going on in the world of accountancy. While Washington absorbs the aftershocks of the midterm elections, over in California all accounting eyes are on QuickBooks Connect. For a flavour of the US accountancy software extravaganza, check out the Tuesday recap video, above. For first-hand reporting, AccountingWEB‘s head of insight, […]

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Accountant of tomorrow … well 2028 to be precise!

Big technological change is having a profound effect on the accounting profession. One of the most frequently asked questions is “what does the future hold?” To help provide a picture of what the profession will look like in 10 years, Thomson Reuters has produced a report called The Accountant of Tomorrow. Don’t worry, the future […]

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Accountant lies over client’s pension duties

Hashmukh Shah has admitted giving the Pensions Regulator (TPR) false information on behalf of  a client. The accountant was providing payroll services for a company running Grancaffe Londra in Knightsbridge. Shah told TPR that Primadell Ltd had put its staff into a workplace pension. He was charged with knowingly or recklessly providing false information to […]

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Auditors crank up cyber security risk warning

Cyber security is the major challenge facing businesses, according to Europe’s leading auditors. That’s the message contained in the latest Risk in Focus report, published by the Chartered Institute of Auditors. The research “puts a spotlight on priority risk areas that organisations face as they look ahead to next year. It reveals how heads of internal audit […]

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AI will not replace ‘humans doing thinking things’

My heart sank recently when I read the Bank of England’s chief economist, Andy Haldane, scaring Times readers with his artificial intelligence predictions. Of course, AI will affect most industries, but it seems rather short-sighted to think machines will entirely replace humans doing thinking things. Technology has been a serious part of our world now for […]

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FRC shifts focus to diversity as accountant numbers grow

Accounting’s watchdog, the Financial Reporting Council, is turning the focus of its annual report to industry trends on of diversity and inclusion. Plus it’s planning an event to nudge accountancy bodies towards highlighting the issues. The FRC’sannual Key Facts and Trends in the Accountancy Profession shows the sector’s professional bodies,such as the ICAEW, have more than […]

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Do I have to be an extrovert to win business?

“I’m an introvert. What do you suggest I should do?” At a recent training sessios, someone came up to me and said: “Your ideas about business development and building a personal brand are great and practical, and I can see how they’d work. But I do not see them working for me — I’m an […]

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IRIS launches digital excellence awards

IRIS is launching its very own awards to celebrate individuals and accountancy practices thriving in the digital economy. The IRIS Customer Awards have been set up as the software group enters its 40th year. They acknowledge best practice across several areas as accountancy firms evolve beyond compliance services to capitalise on service opportunities in the […]

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IRIS CFO wins top finance professional award

Congratulations to IRIS CFO Elona Mortimer-Zhika, who has won finance professional of the year in the Venus awards for women in business. Elona was recognised in the working women’s Oscars for her dedication and tenacity. The Thames Valley region award follows IRIS‘s recent acquisitions of Star Computers and Taxfiler and the buyout by Hg Capital […]

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