Intuit Launches Global Search for 2017 Firms of the Future
Intuit Inc. is searching for the next Firm of the Future and is inviting accounting firms based in Australia, Canada, the United Kingdom and the United States to enter the contest and vie for the coveted title. Following the widely successful global search for last year’s winner, Intuit is once again looking for the firms… (0 comment)

Technology Is A Double Edged Sword
A recent editorial in The Guardian talked of technology as a double edged sword. We have to wonder how it is affecting the accounting industry and what the future holds. Every day we hear glowing reports of how technology is making the processing of accounting data easier, and accurate. How systems can easily work across… (0 comment)

The Impact Of Artificial Intelligence On Local Accounting Practices
In the world of accounting, artificial intelligence may be hot, but it's no shiny object. Concepts like artificial intelligence, machine learning and natural language processing are bleeding into all facets of the accounting industry. Today, local practitioners can set up AI dashboards that alert them to strange patterns in client metrics, and some practitioners are experimenting with ways to use AI to make their internal processes more efficient and make employees happier, or in some cases, more redundant.… (0 comment)

Operational Audit Opportunities For Local Accounting Practitioners
In recent news, Deloitte Corporate Finance LLC acted as exclusive financial advisor to Arkansas-based AXPM Dental Management, LLC d/b/a Rock Dental Brands (Rock Dental), on its recent debt financing with Goldman Sachs Specialty Lending Group, L.P. (GSSLG). Rock Dental, a leading multi-specialty dental service organization, engaged Deloitte Corporate Finance to obtain financing for a series… (0 comment)

Measuring The Value Of Employee Well Being
Most accountants have a really lousy life-work balance, with their work time outweighing their family time by a factor of three. This even translates to an increase in employee turnover three times higher for employees who do not enroll in or participate in employee wellness programs. A quick look at the situation across the USA… (0 comment)

Independent Accounting Firms Offering Data Analysis Services
In the past few years, machine learning algorithms, deep learning and artificial intelligence have become so commonplace that big data analysis is within the reach of even the average small local practitioner. Previously limited to complicated big data analysis engines such as Hadoop and Spark, new systems are reaching the desktop with Machine Learning (AI)… (0 comment)

Will We See The Big 8 Accounting Firms By 2022?
India has big ambitions, and the world accountancy fraternity had better watch out. According to Prime Minister Modi, the signature of a major Chartered Accountanting firm has more power than even that of a Prime Minister, and he wants half of that power to be located in India by 2022.   Right now, all of… (0 comment)