110. 110. Best and Worst on Ground: The silent disruption of the accounting industry
Best on Ground
- 11% of AU houses are un-occupied - https://www.businessinsider.com.au/solved-the-mystery-of-australias-1-million-empty-homes-on-census-night-2017-7
- My Swedish Robot story - This is the future of AI and it’s what most providers miss: https://www.accountingweb.co.uk/tech/tech-pulse/how-self-learning-technology-will-empower-accountants
- We promote the wrong people https://www.linkedin.com/feed/update/urn:li:activity:6549055446299357184/
- Trent Innes is not moving to MYOB https://twitter.com/trentinnes/status/1143751812161273857
Worst on Ground
- CBA / For Accountants email lists “insert Name”. Worse than CC not Bcc.
- More fear about the rich paying no tax. A data journo mis-interpreting the data: https://www.theage.com.au/money/tax/how-a-millionaire-pays-no-income-tax-20190610-p51w5j.html
- The silent disruption of the accounting industry https://www.benchmarking.com.au/the-silent-disruption-of-the-accounting-industry/
- Automation cuts into profit at firms https://www.afr.com/business/accounting/automation-cuts-into-profit-at-firms-20190518-p51oot
- It started with Paul's website being copied, now accounting firm website plagiarism is rampant. https://www.facebook.com/groups/977122739056681/permalink/1901865956582350/
- Big 4 are Big cheats - KPMG cops a 50m fine for cheating on their oversight boards https://www.accountingtoday.com/news/kpmg-to-pay-50m-for-cheating-on-pcaob-exams
- If a hedge fund doesn't understand how to manage risk, what hope do we have? https://www.afr.com/business/banking-and-finance/hedge-funds/blue-sky-directors-in-shock-at-receivership-20190618-p51yti
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