Why Accountants Could Be the Happiest People on Earth

Now Or Later Keys Shows Delay Deadlines And UrgencyNew research shows “givers” outpace others in life and in business. Are you a “giver” or a “taker”? Take the 10-minute test.

By Hitendra Patil
Pransform

Imagine that one of your clients calls you up and expresses his gratitude for the help you gave him.

You wonder: “I just gave him the balance sheet and told him that his business model needs some adjustments. I did what I have always done, so why is he thanking me so big? But, yeah, I do feel happy my client thanked me.”

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There is a huge new opportunity for accountants to reconnect with the real purpose of the profession, i.e.: becoming not just a trusted advisor for businesses and people but literally the “business strategist” for their clients. Who else understands the “language of business” as well as accountants? READ MORE →

Digital Tools Streamline Audit Production

businessman is examining document and woman is working on laptop computer in backgroundSay good-bye to your old friend “SALY”

By Roman H. Kepczyk
Quantum of Paperless

Traditional audit practices use the previous year’s audit programs and processes updated for the current year as their standard operating plan.

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Eventually this can lead to a significant amount of “overauditing.” Breaking this habit is difficult as every level of staff has been trained in the manual processes and falls back on them when deadlines approach. READ MORE →