(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

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

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

(c) Chartered Accountants Australia and New Zealand. Contact Chartered Accountants Australia and New Zealand for permission to reproduce this article., Financial Services, Stock Market

Ditch hedge funds and go passive

By Ben Hurley Warren Buffett says his winning 10-year bet on a simple index proves investment returns delivered by active investment experts don’t justify their fees. For most of the 21st century, active investment managers have been losing market share in retail investment to cheaper, index-tracking passive managers. The active managers have been under pressure… Read More Ditch hedge funds and go passive