Traditionally, the finance and accounting department is mainly utilized to keep score and count the beans. In today’s increasingly complex business landscape, however, it is no longer enough for your department to focus solely on crunching numbers.

Innovation in accounting firms has been the subject of much interest in the past few years. With the advent of technologies such as big data and machine learning, innovation in accounting and finance followed suit, with firms developing infrastructures to adopt new technologies. For instance, some banks and accounting firms have been preparing for and implementing robotic process automation.

Thinking of transitioning to a career as an independent external auditor? Or are you a seasoned auditor who wants to upgrade your skills? Regardless of the stage you are in your career at the moment, you’ll find something useful in this article. This week, we cover the things that you need to know before you make the leap into a career as an external auditor.

  In response to the COVID-19 pandemic, many businesses around the world have turned to remote work to stay operational. However, many organizations have been caught unprepared, with many managers not knowing how to manage a remote team.

Around the world, the Coronavirus disease (COVID-19) pandemic has upended our daily lives. The economic uncertainties surrounding the outbreak have already resulted in disruption in the lives of millions around the world. This week, we examine the Coronavirus’ impact on the economy so far.

With the developments in information technology, digital accounting has become indispensable in today’s businesses. In the past decade, digital bookkeeping and other accounting solutions have gained popularity among firms for its efficiency, cost-effectiveness, and accuracy.