Robotic Process Automation (RPA) – the next frontier

Robotic Process Automation (RPA) – the next frontier

I have read a ton of material and in doing so it became clear to me that few people have any idea what these technologies will actually be doing and how these changes will come about. It is also clear to me that the accounting profession is not going to disappear...
Time to rethink SMSF audit?

Time to rethink SMSF audit?

Whether you agree with the proposed change or not isn’t really the issue. It’s more about what should be your strategy with SMSF audit going forward. Perhaps firstly, you should ponder whether you should be doing more to help clients understand the value of an audit....
Time to rethink SMSF audit?

The shortcut to an easier life

A few years ago, I was sitting in an open plan office and next to me was an executive assistant who was busily typing up a long document for her boss. It was a long and complex document requiring a lot of text manipulation. She was handling it OK, using her mouse to...
The crooks love accountants

The crooks love accountants

The crooks love the internet. Without leaving their lair they are presented to the door of almost every accounting firm. All they need are the keys to open the door. All too often the keys are left out in the open or the door is left unlocked and the criminal waltzes...

What’s next for tax and superannuation technology?

Way back when I started in the profession in the early 1970s, only the biggest firms had any sort of computers. My firm didn’t even have an electronic calculator. We had 25 per cent of our staff as comptometrists (all you Gen Ys can look that up). We had partners who...