Author: Wayne Pope
The challenge of data accuracy in auditing and how to fix it
As you know, data accuracy is essential in auditing, but it can be challenging to achieve. Auditors often face the issue of inconsistent or outdated data, with information coming from various sources that don’t always align. This inconsistency can lead to prolonged verification and reconciliation processes, as you then need to cross-check data to ensure […]
Read More
How do you maintain consistency between one office and another?
Nowadays, accountancy firms can be stretched across multiple locations, especially since Covid and the rise of work from home. Often, this can arise from mergers or acquisitions where your firm takes control of another in a different city or town. On the one hand, this is a good thing! You can serve a wide array […]
Read More
Day-to-day inputting of data will soon be a thing of the past, says AAT
An AAT whitepaper, The Future Accountant, outlines how the accounting profession is undergoing a significant transformation, driven by advances in technology. This shift, while not new, has been gaining momentum. It’s true, technology has always evolved industries, removed labour-intensive tasks and allowed professionals to focus on more meaningful work. However, in accounting, this trend is […]
Read More
It’s National Payroll Week – Time to reflect?
This week is National Payroll Week! Now’s the time we tip our hats to the unsung heroes buried in spreadsheets and tax codes and rightly so! The payroll professionals work incredibly hard to ensure we all get our pay slips on time and with accurate figures. However, this isn’t just about handing out a few […]
Read More
Upskilling your team taking too long?
In the accounting profession, staying current in terms of training your team is, of course, essential. As regulations change and client expectations rise, you need your team to be skilled and efficient. Upskilling (teaching your staff to learn and use new skills) seems like the logical step to ensure your staff is equipped to handle […]
Read More