The field of accounting is undergoing significant transformations due to advancements in technology, changes in regulatory environments, and evolving business landscapes. Here are some emerging trends and skills shaping the future of accounting: Emerging Trends: 1. Technology Integration: Automation and AI: The use of automation, artificial intelligence, and machine learning is becoming prevalent in routine […]
Since inception, the accounting career and profession encompasses significant evolution in principle and practices. The decade old manual bookkeeping systems to maintain financial records sometimes with handwritten ledgers and hefty paper works has been partially replaced by use of computers and software like QuickBooks to some extent. This resulted in a generation of stereotyped but […]
FMAA (Financial and Managerial Accounting Associate) is the new entrant from the portfolio of Institute of Management Accountants (IMA) that was introduced recently and is being considered as a path breaking foundational certification course for accounting and finance professionals. Acquiring the FMAA certification will help the professional, particularly at the entry level to make them […]
Earning certifications in finance and accounting is a big step toward improving your marketability and career advancement as a professional in this field. Continuing education is an investment in time and money, of course, and your employer may help make the case for credentials. Robert Half research shows that a majority (72 percent) of CFOs […]
When we talk about an accountant, we think about some office goers either in public or private settings who jumble with various numericals to prepare financial documents. But is it true that an accountant is meant for some repetitive stereotyped job? Probably not nowadays. In today’s world, options are available through which an accountant can […]