In the dynamic world of business, the only constant is change. Business environments constantly evolve, and changes and disruptions are unprecedented. Staying relevant in this environment can be challenging, and knowing your customers and prospects is essential. Market trends shift, new competitors emerge, and consumer behaviour evolves. Staying relevant during change is an existential task.Here … Read more
Artificial Intelligence (AI), one of the most exciting modern innovations, is growing swiftly. The ability of AI to analyse identify patterns, massive quantities of data, resolve issues, and make sensible decisions has already led to significant changes in several different fields. Since it is unimaginable to think of life in the present world without a … Read more
As per the definition, Employee engagement is – “a fundamental concept in the effort to understand and describe, both qualitatively and quantitatively the nature of the relationship between an organisation and its employees.” So quite obviously the relationship between the organisation and the employee really matters to sustain engagement in work. This gives us a … Read more
Cryptocurrency is gaining momentum in Australia, and it is fast becoming entrenched in the Australian economy as more and more Australians look to invest or trade in crypto. While there are many benefits to using cryptocurrency, it is crucial to be aware of the tax implications. Cryptocurrency taxation can be complex, and there is often … Read more
Big data is revolutionising the way businesses operate and make decisions. Accountants worldwide are being affected as the accounting profession’s role transforms to embrace big data. Those with the skills to effectively manage and interpret this data are in high demand as businesses strive to make sense of the ever-growing pool of data. We will … Read more
A start-up is a new company or enterprise in the early stages of development and is usually characterised by innovation, creativity, and risk-taking. While start-up companies tend to be small, they often have big dreams and aspirations. To achieve their goals, start-ups must be well-organised and have a clear financial strategy. Many start-ups are founded … Read more
With the global pandemic shifting the way we work, the landscape of employee management has changed dramatically. Perhaps one of the most significant changes is the rise in remote work, and now, as things start to return to some sense of normalcy, hybrid work models in accounting firms are emerging as the new norm. The … Read more
The accounting profession is constantly evolving to meet the needs of businesses and their customers. However, this also means that accounting firms face a number of unique challenges. We discuss the top ten challenges that accounting firms are facing in 2022. 1. Technology and automation Technology and automation can have a lot of benefits for … Read more
There are a lot of accounting firms out there, and it can be tough to make sure yours stand out. Not only is it important to stand out from competitors to attract clients, but it’s also essential to attract top talent to your firm. If you want your firm to succeed, you need to be … Read more
The world of accounting is changing. And it’s all thanks to blockchain. Yes, that’s right. The same technology that powers Bitcoin is now being used to revolutionise how businesses keep track of their finances, and accountants must adapt to reap the benefits of this innovative new technology. What is blockchain? To understand how blockchain is … Read more