• 06 Sep 2017 10:38 AM | Editor (Administrator)

    Now in its 11th edition and updated from 2015 is Accounting for Non-Accountants by David Horner.  It will be available September 28.  

    Althought it is aimed at a U.K.  audience, Accounting for Non-Accountants includes information on the UK GAAP accounting standards as well as an overview of current international standards, and updates including a new chapter on how competition, the financial markets and government economic policy can influence organizations.

    The book is structured clearly to provide in-depth understanding in three key areas: 

    • annual accounts (including income statements, balance sheets, cash flow and reporting standards); 

    • management accounting (costing, marginal costing and budgetary controls); and 

    • financial management (including the cost of capital, working capital, investment appraisal and performance analysis).

    With updated online resources including additional review questions for each chapter and a multiple choice question section, Accounting for Non-Accountants is ideal for beginners and provides an excellent grounding for those taking accountancy qualifications or business leaders and managers with little or no background in accounting.

    ORDER HERE (after Sept. 28, 2017)

  • 06 Sep 2017 9:18 AM | Editor (Administrator)

    John Cryan, chief executive of Deutsche Bank, has told an audience of bankers in Frankfurt that he expects a "big number" of his current staff to be replaced by robots

    Cryan said that it was important for the bank to embrace a "revolutionary spirit" and warned that this would mean an end to an era where accountants acted like abacuses.

    "We have to find new ways of employing people and maybe people need to find new ways of spending their time,” he said in comments reported by the Financial Times.


  • 30 Aug 2017 11:23 AM | Editor (Administrator)

    Russell Guthrie
    Forbes Finance Council
    Forbes Magazine

    The writing is on the wall: To stay relevant and competitive, the accountant (including internal and external auditors) of today and tomorrow will need to be tech-savvy, a strategic thinker and strong communicator in order to provide high-quality, high-value insight to clients.


  • 29 Aug 2017 5:59 PM | Editor (Administrator)

    Financial Post, via Bloomberg 

    Shopify’s thesis is relatively simple: People all over the world have the brains and energy to start successful online businesses, but lack the tools. 

    Shopify lets them try out online store ideas for US$29 a month, and the first couple weeks are free. Many fail, but those that find a market start to grow. 


  • 27 Aug 2017 10:25 AM | Editor (Administrator)

    David Parmenter
    Canadian Accountant

    As accounting and finance professionals, we need to acknowledge that forecasting and budgeting will often, if not always, be wrong. Unlike wine, planning does not improve with the more time and effort you put into it. So let’s get it wrong quicker, albeit as close as possible to the future actuals.

    Whether you're a Chartered Professional Accountant living in Canada, an accountant in my native Australia, or an accounting and finance professional living anywhere in the world, these proven management strategies will help you get your forecasting "approximately right."

    If you apply these foundational stones, your organization will be ready to migrate to quarterly, rolling planning.


    David Parmenter is a writer and presenter on measuring, monitoring and managing performance. He is the author of Key Performance Indicators and Winning CFOs. Contact David by email or visit DavidParmenter.com.

  • 24 Aug 2017 6:39 AM | Editor (Administrator)

    By Lesley John, Trinidad and Tobego
    ACCA Caribbean

    Over 20 million people across the world are effectively slaves, according to the International Labour Organisation. Sadly, this could be a conservative estimate. Other organisations put the figure even higher – the Global Slavery Index 2016 estimates 45.8 million.

    The US Department of State recently published the 2017 Trafficking In Persons (TIP) Report which detailed some of the concerns regarding trafficking across the Caribbean.


  • 22 Aug 2017 6:49 AM | Editor (Administrator)

    Seth Fineberg, Managing Editor

    Accountants have access to more tools and learning today about how to become a better advisor and more of the service provider their business clients truly need today. However, when businesses are stuck in a “poverty mindset” that prevents them from evolving or even keeping pace with their competition, it can lead to failure. It is this very thinking that professional bookkeeper and advisor Ingrid Edstrom hopes to help teach other accounting professionals about, so they can truly assist their small business clients.


  • 19 Aug 2017 10:38 AM | Editor (Administrator)

    David Parmenter
    Canadian Accountant

    Key Performance Indicators (KPIs) are failing to deliver to their potential. Far too often the measures in an organization amount to a random collection of metrics prepared with little expertise, signifying nothing.

    How can you, as a Chartered Professional Accountant, lead your organization in establishing effective KPIs for accounting staff and departments — indeed, for the entire organization? How can you measure and monitor performance effectively, engage employees and lead the way to success?

    One way is to avoid the five mistakes that accounting leaders make in setting KPIs:


    David Parmenter is a writer and presenter on measuring, monitoring and managing performance. He is the author of Key Performance Indicators and Winning CFOs. Contact David by email or visit DavidParmenter.com.

  • 18 Aug 2017 7:00 AM | Editor (Administrator)

    Liz Farr

    The simple answer from all the experts: as often as possible, without sacrificing quality.

    Research by Hubspot shows that companies that blog 16 or more times a month get three-and-a-half times as much traffic to their websites as those who blog zero to four times.

    That’s equivalent to four posts a week. For time-crunched accountants, it can be a challenge to find the time and energy to keep up that pace.


  • 17 Aug 2017 7:06 AM | Editor (Administrator)

    Michael Burdick - GUEST WRITER
    Entrepreneur Magazine

    Change isn’t comfortable -- especially when it comes to industries steeped in tradition, such as accounting. Whether they welcome the innovation or loathe the disruption, accounting firms are forced to adjust as their previously static sector grapples with major change.

    Asian brokerage firm CLSA recently released a report detailing the future of technology in the accounting world. While the shockwaves of cloud storage technology still reverberate, the report indicates accountants won’t have much time to rest. Machine learning, the gig economy and AI are poised to disrupt the industry even further.


AccountantsCentral.com is a national Canadian directory of accountants, combined with a web-based magazine (webzine).

We encourage owners and managers of small and medium businesses to better understand the use of numbers in business management, and encourage them to hire accountants as part time Chief Financial Officers, and as advisers on overall business management.

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