If you are an accountant providing bookkeeping services, dealing with your client’s travelling expenses can be a frustrating task. Especially trawling through their (probably incomplete) mileage records? And worse: don’t you resent the time it takes to try and translate these records into coherent figures so that tax deductions and reimbursements can be claimed? [...]
Compared to most other industries, accounting hasn’t seen much in the way of innovation over the years. But this could all change soon with the adoption of automated technologies. Previously confined to the likes of the manufacturing sector, I’m now seeing automation start to benefit many other industries by aiding repetitive and rules-based functions – [...]
Can you imagine a world where identity security solutions are so personalised, they are impossible to mimic or hack? There are currently three common ways to prove a person’s identity. Firstly, by means of something they possess such as a key and secondly, by means of something they know; for example, a password. More recently, [...]
If you’re an accountant, your main job is to help clients get their finances straight. But there’s a lot more to it than that. Accountants deal with extremely sensitive personal data, as well as confidential statements, tax records and other financial information on a daily basis. All of which are a goldmine for cyber [...]
April: one of the busiest times of year for accountants. 5th April 2019 marked the official end of the tax year in the UK, but many people and companies will still be scrambling to complete their tax returns. So, accountants have their work cut out. For smaller accounting firms or businesses with an in-house accountancy [...]
If you work in the financial services sector, you’ll already be well aware of the Financial Conduct Authority (FCA) and the various regulations and guidelines it puts in place to ensure financial markets are honest, fair and effective. The authority regulates more than 58,000 financial businesses from the largest banks, insurers and market infrastructure providers [...]
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