Opinion
The future of accountants, accountancy and data analytics
Posted by Philip Wong on

Digital disruption due to new and emerging 21st century technologies has resulted in growing volumes of data, transforming how we do business today, and accountants and finance professionals need to keep pace with these changes [1]. Historically, it was easier when accountants worked with structured legacy and ERP databases; to apply transactional, variance, ratio and trend analysis to determine financial performance and make business predictions [2]. The recent growth of digital data has added new types of semi-structured and unstructured data [2]; for example, Internet usage clicks IoT sensor data. Some of this data is so large they cannot be...
Australian government COVID-19 stimulus packages are not enough.
Posted by Philip Wong on

Australian small business support The Australian government stimulus packages for small-medium businesses are absolutely fantastic support for us, mine included. These packages are not likely to be sufficient to sustain your small businesses going forward. What on earth can you do? What is Plan B? The downside as I work through the details is that these stimulus packages, generous as they are - are unlikely to be sufficient to sustain my business for long. As an accountant and business analyst, I know this to be true. It is impossible to paint with broad brush strokes everything that every business expects, given the...
- 0 comment
- Tags: COVID19 support
A Business Strategy is a Guide to Business Success
Posted by Philip Wong on

Intuit Quickbooks 'Simple Start' for better decision-making
Posted by Philip Wong on
Cloud Computing for SMEs
Posted by Philip Wong on

- 0 comment
- Tags: cloud computing