By David Walker As accounting’s Big Four grow larger, their success creates new risks. Could the fairytale bubble burst? The Big Four accounting and audit firms – Deloitte, PwC, EY and KPMG – are a remarkable global business success story. Their combined revenues now top US$130 billion a year. Collectively, the Four are growing at… Read More Can the Big Four keep winning?
By Sholto Macpherson Cloud computing looks likely to trigger a generational shift in practice software. For a textbook example of technological disruption, look no further than accounting software. In the early 2000s, MYOB and Reckon had comfortably divided the world of business accounting software between them. They had largely done the same for practice software… Read More New accounting software heads to the cloud
By Thea O’Connor Business as usual is giving way to constant change. Can the human brain adapt to accept relentless change as the new normal? When organisational change consultant Michelle Gibbings worked in the corporate sector in 2014, a restructure every three years was typical. “In some sectors today, they are happening every year,” she… Read More Is too much change too much?
Br Ian Bennett FCA Templates can save time and be very useful, but only if they are developed correctly. Check out some expert tips here. We’ve all done something difficult once and found it a useful experience, but one we wouldn’t want to repeat. In financial modelling, this might push us to develop a template… Read More How to supercharge finance model templates
By Garry Shilson-Josling In a world of global distrust, where are the true believers? The urgent need to share the benefits of reform shines through in economic reports from both sides of the Tasman. If there’s one thing economists and policy-makers agree on, it’s that rising living standards eventually depend on productivity growth. Since the 1980s,… Read More Why trust matters
By Susan Muldowney Recent high-profile corporate scandals have seen trust in business take a further dive. How can this fragile commodity be restored? When Matt Comyn steps into the top job at the embattled Commonwealth Bank of Australia on 9 April, his first challenge surely will be among his greatest: restoring trust. With critics pointing… Read More The trust crisis