Author: Wayne Pope
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 […]
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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 […]
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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 […]
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The mental health crisis in accounting
As you know, the looming 5 October deadline for self-employed individuals to register for Self-Assessment is a critical point in the calendar for accountants. However, while this date might bring in more revenue for you and your team, it also represents a significant stressor for those in the profession. We’ve seen time and again that […]
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AI is great, but it’s not as good as you!
Let’s be honest: while artificial intelligence (AI) is a powerful tool, it does have some limitations, especially in the accountancy profession. One of these is that AI just doesn’t understand maths the way humans do. Certainly, it can crunch numbers and give results pretty well, but it doesn’t truly understand the concepts behind the calculations. […]
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