Part 3 of the Risk of Manual Processes blog series. You can access the full series here. Top accounting and finance professionals are in a powerful position. According to the Bureau of Labor Statistics, demand for accountants is predicted to rise...
Most businesses accept that the cloud is now a permanent fixture in the systems landscape. Organizations large and small are buying into the cloud. IDC the analyst firm says that public IT cloud services spending will grow to more than...
The notion of automation in the finance function is not new. After all, most core financial processes are automated to some extent. But closer inspection reveals that automation is concentrated around accounting calculations involving transactions and balances – often in...
In accounting, we are taught many things that are set in stone. Debits on the left and credits on the right. Assets equal liabilities plus owners’ equity. We are also taught that there are certain things that are considered “shoulds”...
Technology and globalization have accelerated at a rapid pace since the release of the original COSO Framework in 1992. To compensate for these rapid advancements, COSO has released an updated 2013 version of their integrated framework. The newly released COSO...
Driving momentum during an implementation is important. At the beginning, when an idea is fresh, the excitement is tangible and everyone wants to get started now. However, getting started immediately without a proper Project Management Plan is a risk that...
“People need to be reminded more often than they need to be instructed” — Samuel Johnson What follows isn’t new or revolutionary, but rather a reminder of a simple, yet valuable business tool: the Partner. Immediate access to knowledge is...
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