In the dynamic landscape of accounting firms, success isn’t just about the numbers; it’s about the people behind them. As the world grapples with an unprecedented accountant shortage, firm owners are recognising the paramount importance of keeping their employees content and engaged. In fact, over 90% of accounting and audit firms have identified the recruitment…
The intricate process of selling an accounting firm is laden with numerous challenges and pitfalls that could derail the transaction, necessitating a well-thought-out strategy and execution to ensure a seamless transaction. This article sheds light on these common hurdles while providing pragmatic solutions, highlighting the importance of a swift deal approach in the dynamic realm…
Accounting firms faced with the dual challenges of talent retention and technological advancements are finding that the right leadership style is the cornerstone to sustained success. In the fast-paced and ever-evolving landscape of accounting, successful leadership is not just about crunching numbers – it’s about steering the ship through turbulent waters and empowering a team…
When you read this article, you may very well have just experienced a horror tax submission period (if you have fully complied with the new tax requirements) for trusts. Even though many people believe that the new requirements of the South African Revenue Service (SARS) are outrageous, the message from SARS has been clear: ‘You…
‘Where there is no plan, the budget is the plan’ So, what does this mean? Well, let’s take two prominent economic and spending plans, the National Development Plan 2013 and the National Health Insurance Bill 2023. The one thing both these plans lack is a financing and spending budget, without which there can be no…
Find out how Australia’s CEOs are approaching GenAI and broader business model reinvention − backed up by data from PwC’s new 27th Annual Global CEO Survey − Australian insights. CEOs of Australia’s leading companies told us that they’re transforming their business models in response to global megatrends such as technological disruption and climate risk −…
As technology continues to shape the business landscape, CFOs navigate an increasingly complex environment of technology solutions to make informed and strategic decisions. Here are five key areas to help guide today’s CFO towards investing in the right technology for their business. So many solutions, so little time With countless software platforms available for businesses…
The accounting and auditing profession is undergoing a transformation fuelled by advancements in artificial intelligence (AI) and digital technologies. Accountants are increasingly expected to be tech-savvy, leveraging AI tools to streamline processes, improve accuracy, and provide higher-value services to clients. Frans Geldenhuys CA(SA) Frans is one of the founding members of ALICE™ − an automated…
Life as we know it is full of demands and it seems as if we have little time for the things that really matter, such as joy, love, purpose, our children, family members, our neighbours, and our communities. We need to try to make a difference in a desperately broken world. The world that we…
In the ever-evolving landscape of business, technology plays a pivotal role in driving growth and innovation. As an accountant, the decision to embrace new technology can be daunting, but it’s also essential for staying competitive and relevant in today’s market. In this blog, we’ll explore how to approach new technology in the accounting profession, offering…