While avoiding new tech adoption might make sense to some accountants in the short term, it’s only hampering their chances at an exit in the long run.
Accounting practices need to reconsider their practice business model – in particular how they invoice, accept payments, protect against fraud, and monitor emerging payment trends.
As automation redefines the roles of accountants and bookkeepers, firms will be better off engaging in who does what. Then all participants can have their slice of the Connected Practice vision.
As traditional roles of accountants evolve, Rob Nixon warns they need to be more proactive when it comes to business advisory services.
In recent years, millennials have overtaken Gen X as the largest group in the workforce, so here are some facts and figures to help your accounting practice meet their needs.
The Internet of Things (IoT) is here – and it has the potential to shake up the way accountants and bookkeepers work.
In an age where the rate of change is rapid, it’s those who listen and share who will be placed to meet the challenges this presents head on.
Thinking about building a mobile app for your accounting practice? QLD firm Marsh Tincknell has done it, and they share the good news AND bad news with you.