ACCA Insights: 2024 Global economic outlook – Slow growth, high uncertainty
Brexit & Economy

ACCA Insights: 2024 Global economic outlook – Slow growth, high uncertainty

3y Jonathan Ashworth , Chief economist, ACCA

ACCA Insights: 2024 Global economic outlook – Slow...

The global economy looks set to grow slowly once again in 2024, and downside risks remain Read More...

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8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

3y Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

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HM Treasury adds uncertainty on AML reform
HMRC

HM Treasury adds uncertainty on AML reform

3y Accountancy Age

HM Treasury adds uncertainty on AML reform

HM Treasury’s response to questions posed by the Association of Accounting Technicians (AAT) regarding proposed reforms to anti-money laundering...

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Can AI eliminate audit scheduling headaches?
Audit

Can AI eliminate audit scheduling headaches?

3y Accountancy Age

Can AI eliminate audit scheduling headaches?

Traditionally, audit schedules have been prepared manually, consuming significant time and resources. However, with the advancements in Artificial Int...

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Betting on technology is a big risk if the strategy is not right
Technology

Betting on technology is a big risk if the strategy is not right

3y Accountancy Age

Betting on technology is a big risk if the strateg...

Accounting practices should adopt a holistic approach that puts sound strategy before digitisation Read More...

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How to choose the right accounting software as a small business
Accounting Software

How to choose the right accounting software as a small business

3y Rachael Kennedy

How to choose the right accounting software as a s...

With so many accounting software options on the market today, from QuickBooks to FreshBooks to Xero, it can be overwhelming for small business owners ...

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Assessing the expected lifespan of technology can boost earnings and reduce costs - here's how
Digital assets

Assessing the expected lifespan of technology can boost earnings and reduce...

3y Accountancy Age

Assessing the expected lifespan of technology can ...

Big Tech companies have boosted profits by extending their servers' estimated life, reducing depreciation charges. However, overestimation can lead to...

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To buy or not to buy? That is the technical question
Technology

To buy or not to buy? That is the technical question

3y Accountancy Age

To buy or not to buy? That is the technical questi...

While in-house tech can offer tailored solutions and a competitive edge, market solutions provide access to advanced technology without significant in...

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Why 'numbers people' need better people skills
Skills

Why 'numbers people' need better people skills

3y Accountancy Age

Why 'numbers people' need better people skills

Mastering communication skills is crucial for young accountants, not just for presenting numbers but explaining their implications. This can be achiev...

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9 Use Cases of AI in Accounts Payable Operations
AP

9 Use Cases of AI in Accounts Payable Operations

3y Accountancy Age

9 Use Cases of AI in Accounts Payable Operations

In the current dynamic business environment, finance departments are constantly grappling with the management of large volumes of invoices, expense re...

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Accountancy and finance sector remains resilient with 4.2% increase in salary
Talent

Accountancy and finance sector remains resilient with 4.2% increase in sala...

3y Accountancy Age

Accountancy and finance sector remains resilient w...

Large regional disparities remain in salaries across the UK, but in general, wages are on the rise. The cost of living is the greatest concern for tho...

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Will AI force young accountants back into the office?
Practice

Will AI force young accountants back into the office?

3y Accountancy Age

Will AI force young accountants back into the offi...

Ultimately, firms must adapt to the changing dynamics of the accounting profession by creating attractive office environments that foster collaboratio...

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Technology is a talent magnet for accountants
Practice

Technology is a talent magnet for accountants

3y Accountancy Age

Technology is a talent magnet for accountants

Facing a global talent shortage, accounting firms are turning to technology to attract and retain top talent. Tech-savvy firms offer streamlined opera...

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ACCA survey reveals declining confidence among accountants,
Brexit & Economy

ACCA survey reveals declining confidence among accountants,

3y Accountancy Age

ACCA survey reveals declining confidence among acc...

The GECS report indicates that concerns among accountants about increased costs have eased slightly. However, these concerns remain elevated by histor...

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AI is an emerging risk for auditors, new research shows
Audit

AI is an emerging risk for auditors, new research shows

3y Rachael Kennedy

AI is an emerging risk for auditors, new research ...

Despite the increased interest in AI and ML, only 12% of respondents indicate their organisations have adopted AI and ML within their audit functions....

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Are accountants underutilising AI in the realm of risk assessment?
Technology

Are accountants underutilising AI in the realm of risk assessment?

3y Accountancy Age

Are accountants underutilising AI in the realm of ...

Integrating AI in accounting isn't just a technological upgrade; it's a fundamental shift in how we understand and interact with financial data. For t...

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Salary trends, gender pay gap, and the impact of AAT qualifications on earning potential
Career

Salary trends, gender pay gap, and the impact of AAT qualifications on earn...

3y Accountancy Age

Salary trends, gender pay gap, and the impact of A...

The survey reveals salary progression based on AAT membership levels, regional variations in salaries, gender pay gaps, industry-specific salaries, an...

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FRC imposes £33.2 million fines on audit firms amid crackdown
Audit

FRC imposes £33.2 million fines on audit firms amid crackdown

3y Accountancy Age

FRC imposes £33.2 million fines on audit firms ami...

The Financial Reporting Council's record fines imposed on audit firms in 2023 demonstrate its unwavering commitment to enhancing audit quality. Read M...

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Case study: How Deloitte is leveraging 'DARTbot' within its audit processes
Technology

Case study: How Deloitte is leveraging 'DARTbot' within its audit processes

3y Accountancy Age

Case study: How Deloitte is leveraging 'DARTbot' w...

DARTbot ensures that professionals can focus on higher-value activities and deliver exceptional client service. Read More...

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What should accounting technology providers learn from the Post Office Horizon scandal?
Accounting Software

What should accounting technology providers learn from the Post Office Hori...

3y Rachael Kennedy

What should accounting technology providers learn ...

The Horizon scandal has shed light on the crucial role of ethical practices in the accounting technology industry, and underscored the need for transp...

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PwC's 2023 annual report: What you need to know
Big Four

PwC's 2023 annual report: What you need to know

3y Rachael Kennedy

PwC's 2023 annual report: What you need to know

Accountancy Age unpacks PwC's 2023 annual report, with a focus on profits, people, investments and technology. Read More...

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BDO launches new AI platform 'Personas' to streamline operations
Accounting Firms

BDO launches new AI platform 'Personas' to streamline operations

3y Accountancy Age

BDO launches new AI platform 'Personas' to streaml...

Personas is an internal AI platform meticulously developed by BDO to boost productivity and streamline day-to-day tasks. Read More...

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IFA: A reflection on 2023’s challenges and successes
Business

IFA: A reflection on 2023’s challenges and successes

3y Institute of Financial Account...

IFA: A reflection on 2023’s challenges and success...

Could accountants' efforts to better align with the demands and expectations of their clients serve as a spark for greater innovation and sector chang...

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What to expect in 2024 (it's not just AI!)
Business

What to expect in 2024 (it's not just AI!)

3y Rachael Kennedy

What to expect in 2024 (it's not just AI!)

The accountancy market in the UK is on the brink of transformation in 2024. As technology continues to advance and the business landscape evolves, acc...

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Is consolidation the answer to the UK’s R&D advisory problem?
HMRC

Is consolidation the answer to the UK’s R&D advisory problem?

3y Rachael Kennedy

Is consolidation the answer to the UK’s R&D adviso...

Amidst rising fraud and complexity, the consolidation of the UK’s R&D advisory market could be the key to unlocking reliable, efficient, and compliant...

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Accountancy Blueprint: A guide to pivoting to a consultancy model
Consulting

Accountancy Blueprint: A guide to pivoting to a consultancy model

3y Accountancy Age

Accountancy Blueprint: A guide to pivoting to a co...

Transitioning from an accounting firm to a consultancy model is only one part of the puzzle. The next, equally vital piece is making the market aware ...

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PwC strengthens Saas offering with Starling partnership
AP

PwC strengthens Saas offering with Starling partnership

3y Rachael Kennedy

PwC strengthens Saas offering with Starling partne...

PwC can offer its clients a range of technology-enabled solutions, delivering high-quality digital banking experiences to customers while also achievi...

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