31. Technology adoption from Accountants

Author

Ryan David
June 28, 2023

Welcome to edition 31 of the Accountants Chat Australia newsletter

I’ve been trialling a pace of one newsletter every fortnight and for now, I think this is working well. Before you close this week’s newsletter, please check out the last section as I have a quick ask.

This week in Australian Accounting:

  • Does your IT have the best cyber defence? With cyber-attacks on the increase and accounting firms considered soft targets, experts weigh in on the best way firms can safeguard themselves – and check whether their IT providers genuinely have them covered. Read more.

  • A lack of female representation in accounting journalism. A post on LinkedIn by Heather Smith highlighted a significant lack of female representation on the homepage of AccountantsDaily. Heather noticed that all the persons pictured were men. Heather wrote: “This is currently the front page of AccountantsDaily. 11 men. It's ironic this publication also promotes the Women in Finance Awards.” It looks like AccountantsDaily got the message as there is now an even split on their homepage. Read more. 

  • Why accountants should learn Python. Want to automate repetitive tasks, spend less time crunching numbers or find data to support financial decision-making? Here’s how Python programming language can help. Read more.

  • Compare your results: Technology adoption quiz. Only 33% of respondents to the Public Accountant technology quiz use collaboration platforms such as Slack and Microsoft Teams. View all the results and tips to push your digitalisation journey further along. Read more.

  • Why the PwC scandal now has a second wind. When a PwC tax partner was deregistered for passing on secret government information at the start of the year, the news dominated the financial headlines. Since then, PwC has stayed in crisis mode, and every politician and public servant has been asked about their involvement with the consulting firm. Read more.

From the Accountants Chat Australia group

Accountants Chat Australia is a professional community for Accountants, Bookkeepers, Tax Agents and Advisors. Join the conversation with 2,700+ other members.

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Start a conversation or ask a question here.

A quick ask

A few months back I had a need to start analysing Xero data in Power BI/Excel. I found the current solutions to be a bit underwhelming and over complicated.

I’ve been working away at a dead simple solution to this need, but my personal use case is very niche.

If you work with Xero data in Power BI/Excel (or would like to) and are happy to help me streamline this process/discover other pain points please check out this quick survey here. I know we’re all super busy this time of year so it will only take a minute or two and really help me out.

Thanks for reading.