The pandemic has created a whole new set of challenges for accountants – from untangling complex stimulus schemes and adapting to new technology, to leading staff and clients through uncharted waters, and safeguarding their own and their clients’ businesses. This is how two CPAs have risen to the challenges of 2020.
Combating COVID-19 and encouraging economic recovery were key aspects in the 2021 budget, however, infrastructure, the environment, health and research and development also received a boost.
The Malaysian Government opens its coffers to support businesses and individuals through the COVID recovery period. Here’s what the 2021 budget has to offer.
A potential crisis in insuring bushfire-prone areas could create a new wealth gap in Australia. The government must step in to prevent it, professors say.
The stress and anxieties of the coronavirus pandemic have pushed many workplace cultures to the brink of collapse. Here’s how the best managers have shown leadership.
The middle classes in developing nations are shrinking due to a perfect storm of economic conditions. How worried should we be?
New payment vehicles - from recurring transactions to the subscription economy - are changing the ways we buy and sell and helping businesses to get paid faster.
As economies slow around the world, macroeconomists are thinking harder about how to prevent the next fully-fledged recession.
Micromanagement is a bad habit that can destroy creativity and innovation, yet many leaders who micromanage regard themselves as thorough and capable. What are the signs that you should look for if you suspect you are micromanaging your team?
With 20 years of experience in business tech and a long academic career, New Zealand-based Jannat Maqbool CPA has had to learn how to balance her time.
It's concealed, insidious, has the power to destroy lives and is always intentional. How do accountants recognise financial abuse, and when they do, what can be done?
Technologies such as artificial intelligence and robotic process automation promise to catapult the accounting profession into a new realm that will be both challenging and exciting.
The Gild Group specialises in a number of sectors, including the creative, sporting and hospitality industries, and founder Paul Luczak CPA says clients value having an accountant who really understands their business.
The pace and pressure of work have turned us all into multitaskers. However, studies suggest this is an inefficient way of working. So how can we create a culture of deep focus?
No leader is perfect, and being able to consider your own shortcomings will help you perform better in managing your team.
What does this year hold for the tech sector?
While their finance and analytical skills are highly valued, the interviewees in this INTHEBLACK eBook say volunteering has challenged them to think in new ways and draw on strengths they didn’t know they had.
Financial statements need the input of more stakeholders than accountants, and accountants, too, need to think more broadly - their skill set is becoming more valuable as the need for better communication and broader valuation expertise becomes a normal part of the job.
Employers who have invested significant resources in an employee can feel let down when that person resigns, but it's important to maintain composure and plan your next steps.
Under the stewardship of Commissioner of Taxation Chris Jordan AO, the Australian Taxation Office (ATO) is combining moral appeals with hard numbers in a bid to ensure more people pay the tax they owe.