(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Budgeting

Top modelling tips for budgeting and planning

By Ian Bennett FCA The best approach to budget modelling is choosing a good model design in the first place. Named ranges, on the other hand, are less simple to manage, but may be worth the effort. Whether you’re going through your annual budgeting process, or developing strategic plans for your client’s budgeting, there are… Read More Top modelling tips for budgeting and planning

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Budgeting, Business Management

Moving target

By Deborah Tarrant Business forecasting, planning and budget setting are evolving rapidly in changing world and it’s hard to keep pace. Finance leaders who are meeting these challenges in established, turnaround and start-up phases, share their secrets on how they make budget. As accounting and finance professionals return to work after the summer holidays, their… Read More Moving target

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Fintech

Automatic for the people

Automation does not flag the end of accounting jobs, but the end of a lot of drudgery. So why not bring on the bots and give humans the clear spacethey need to make the best use of their brains? It’s the smart new world ofrobotic process automation. Until very recently, senior accountants for Swedish car manufacturer… Read More Automatic for the people

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Management Accounting

Embed error checks in the design

We all know we should check that our balance sheets actually balance. This technique cuts down the workload by shouting out when there’s a figure we need to look into more closely. IAN BENNETT FCA leads PwC Australia’s deals modelling team and has morethan 17 years’ experience as a professional financial modeller. In the past… Read More Embed error checks in the design

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Soft Skills

Hard demand for soft skills

Accountants facing digital disruption should be brushing up on their “soft skills” to raise their job market appeal. By Ben Power Search giant Google was founded by two computer scientists, Sergey Brin and Larry Page, and algorithms drive its search business. But in 2013 Google decided to analyse its hiring practices. As reported by the… Read More Hard demand for soft skills

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To boldly go: if it pays

As private firms expand their operations, human colonisation of space remains a dream. The reason? There’s no apparent pay-off. By David Walker There’s a band of space stretching for 36,000 kilometres above your head that contains almost all of Earth’s commercial space activity. For the most part it’s surprisingly mundane, delivering navigation to phones and… Read More To boldly go: if it pays