There’s no doubt about it - robotic process automation is the future of the accounting industry. The technology is already within our reach. Accenture estimates that 80% of the finance and accounting tasks to be automated in the next few years.

Many businesses have been handicapped by the hard lockdown and other quarantine measures imposed by governments around the world. In the coming months, businesses may find it difficult to manage their accounting process due to the disruptions in our day-to-day life. Now may be the best time to consider outsourced accounting services.

How important is a support system in a working environment? May it be virtual or on-site, management support to employees is pivotal in the fulfillment of your goals as an internal team and as a company.

Internal audit outsourcing has been a contentious topic in the past years. Some believe that the internal audit process should be kept in-house, partly because outsourcing the audit planning process could be both costly and complicated.

The latest technologies have enabled us to do a lot of things that seemed impossible decades ago: self-driving cars, smartphones, and even artificial intelligence. Today, all of these are within our grasps, and for aspiring accounting firm owners, starting an accounting business can now be done at the comfort of your own home. Curious about how you can get this done? Here’s a short guide on how to start a home-based accounting business:

Doing a financial audit means looking into the financial net worth of your company. This practice primarily involves checking business accounting records, internal control policies and other major business financial concerns.