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Friday Footnotes: Inside PwC Cheating; Audit Market Monopoly; AI Anxiety | 12.15.23

Going Concern

There’s a reason the Big Four firms often schedule key staff up to 3,000 hours annually for hundreds of dollars (or GBP) per hour. As 2024 approaches, Ignition’s latest survey reveals accountants will face what we’re calling triple threats: too much work, too few people and too late to move on tech.

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Accounting firms: your guide to outsmarting the UK talent shortage

Accounting Insight

Get inspiration from this Top Accounting Firms to Work For , which contains a helpful list of the criteria against which staff judge employers. Invest in technology Younger candidates are digital natives – if it can be automated, it should be. Perhaps you work in an appealing niche or take on challenging projects.

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Blockchain in accounting – what does the future hold?

Reckon

The blockchain technology behind these developments can of course be used for a multitude of pursuits and will transform the underpinning technology behind a lot of existing technology and services. Blockchain accounting is one such service. What is blockchain technology? This is where blockchain differs.

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New survey shows the receptionist remains essential for business

Accounting Insight

Despite advances in office technology and hybrid working, the role of the traditional receptionist is still alive and well, according to a new survey by global communications leader, Moneypenny. More than 21,000 businesses globally benefit from Moneypenny’s mix of extraordinary people and ground-breaking technology.

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Friday Footnotes: A Billion Dollar AI Audit Startup; Oops, All Independence Violations!; Bipartisan Tax Vote | 2.2.23

Going Concern

Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. This week, a group of privacy, technology and health care advocates filed a complaint with the Federal Trade Commission asking for an investigation into Deloitte Consulting. a Houston-based tax and accounting firm.

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Time-saving APIs make data visibility possible for Baker Newman Noyes

ThomsonReuters

In fact, 70% of businesses that added automation to their accounting processes reported a stronger ROI. But how your firm applies APIs depends on your specific workflow and solution set. This speaks to the flexible nature of APIs and the need to personalize an approach that works best for your firm.