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Building Bridges or Burning Bright

“Why not dive back into the accountancy pool?” That first potential client call hits! Reality check. The mere thought of crunching numbers for compliance work sends shivers down your spine and a little bit of sick in the back of your throat.  

Accounting Influenzas: A New Pandemic?

The world of accounting isn’t just about crunching numbers and adhering to regulations; it’s also about influence, sharing knowledge, and shaping the industry’s future. This is a more prominent part of the job now with the number of social media channels and noise being generated.

So, how do you stand out from the crowd and be heard and seen? Do you need to and what benefit does it bring?

Psychology of Deadlines

As the tax season closes, accountants’ dust themselves down from the familiar rush of deadlines and client demands. It is a time of year marked by long hours and intense focus, but it also brings to light the significant physical and emotional challenges faced by professionals in this field.  

AI the Shortcut to Mediocrity

In an era where artificial intelligence (AI) is reshaping landscapes, it’s worth pondering Malcolm Gladwell’s assertion in his book “Outliers” that mastery requires 10,000 hours of practice (that is almost 5 years if spending 40 hours a week on your chosen skill).

This raises a critical question: As AI tools increasingly handle tasks that once demanded intensive learning, are we, as a society, edging toward a future of mediocrity?

Debit or Credit?

There is a silent barrier impacting our day to day lives and we won’t solve it by ignoring it. If you read last weeks blog Equality Starts At Home you will know I am talking about gender inequality but this time we are going into the workplace.

Equality Starts At Home

  • People

In the mid December, I started writing a blog about inequality in the workplace focusing on the accounting industry. The research I compiled and the thinking I did on the subject knocked my confidence. As a soon to be middle aged white man should I be involved in this conversation?

Weighing up the Value of Accountancy Qualifications

As another year unfolds, I find myself at the familiar crossroads of deciding whether to renew my ACCA (Association of Certified Chartered Accountants) membership. Having been a qualified member since 2006, the annual ritual of paying my membership fees prompts a deeper reflection on the real value of this qualification in today’s dynamic market.

Double Edged Sword of Outsourcing

In recent years, the accountancy profession in the UK has faced a paradoxical challenge. On one hand, there’s a burgeoning skills and talent shortage, driving salaries upward. On the other, firms are increasingly turning to outsourcing as a solution to these challenges. However, this approach has multifaceted implications, both positive and negative.

Navigating the Digital Shift

Let’s explore the double-edged sword of digital accounting and unveil the impact of software like Xero on the profession, and how to strike a balance in an automated world.