Nov 2015

Accounting’s brave new digital world

By: Odyssey In the Press
Tags: cloud, Firm of the future, Intuit, offshore, QBO, Xero

Accountancy’s digital revolution means that your firm’s toughest competition might be a switched-on firm on the other side of the continent.. In this article Brad Howarth revisits the “Firm of the Future” 2007 CPA report and visits on what has changed since then.

The impact of the cloud is the big game-changer going on right now, and its transformative powers are far from exhausted, and as yet probably not yet fully understood. Cloud is enabling practitioners to engage with clients on an ongoing basis by providing a window into their real-time status.

The cloud is driving some other notable changes. Think paperless offices, information routed electronically, electronic signatures and new display technologies (smartphones/ tablets).

And whilst the cloud is mentioned in this article, outsourcing and offshoring are strangely missing.

More information available from InTheBlack website.