“How do you approach working with ledgers?” “What is a workflow for accounting?” “What is consolidation?” “What is interest on capital?” “What is a non-PO invoice?” See these payroll Interview questions job candidates should be ready to answer. Sometimes, the simplest ques...
Despite the advent of Making Tax Digital, the “do it for me” approach will continue for many clients, and this cohort will benefit hugely from solutions that can help process data more quickly and accurately. As we’ve seen, there are many ways you can work with these clients to increas...
You can make updates as your needs evolve. 3. Consider an API integration It's typically faster and more cost-effective to do an application programming interface (API) integration versus a point-to-point integration. API is the modern approach and is based on a tried-and-true framework ...
This approach is actually based on a century-old method of the general financial ledger. Suppose that Joe and his cousin Matt have a dispute over who owns the furniture shop they’ve been comanaging for years. Because the blockchain technology uses the ledger method, the ledger should have ...
So I've seen some individuals who have done that and who said, "I'm going to try using AI in my organization and say, approach the T&E side, or T&E and accounts payable," and they selected a vendor. And some of our customers I've seen that the individual's, one of them I'm ...
Such a defensive approach could enable the bank to hang on to deposits that might otherwise be transferred to a rival bank. AI as a liquidity optimizer. Banks can use AI to help clients optimize their liquidity by monitoring liquidity structures such as sweeps, notional pooling, and cash ...
Imagine you make shoes for a living and need to buy bread to feed your family. You approach the baker and offer a pair of shoes for a specific number of loaves. But as it turns out, he doesn’t need shoes at the moment. You’re out of luck unless you can find another baker—one...
The classic solution to protecting legacy systems generally involves wrapping security around these systems -- a Band-Aid approach that won't work in a post-quantum world. "Quantum is going to be that point of inflection that will rapidly undo the notion we can protect classic systems and d...
Overall, anyone with a desire to work in accountancy needs to concentrate on earning the ACCA, the CIMA, or even both (there’s value to that approach, certainly). Which one they should pick will depend on the route they want to take with their career, but either will make them a cand...
Looking to the future, institutions overwhelmingly expect to increase their allocations, with consistent growth expected in 2024 or 2025, aligning with the generally cautious but optimistic approach.Spot cryptocurrency represents the most common investment, with bitcoin (BTC) and Ethereum (ETH) being th...