Latest Technology in Accounting Practice November 2024
Available from
28 November, 2024
CPD
3
Course Category:
Practice Management
Level:
Moderate
The rapid advancement of technology is transforming the accounting profession, offering innovative tools and solutions to enhance efficiency, accuracy, and decision-making. August 2024
Category: Practice Management.
R 375 VAT Incl.
Product Information
What you will learn
By attending this webinar you will gain the following competencies:Â
- Gain a comprehensive understanding of the latest technologies impacting the accounting profession and their potential benefits.
- Learn about the key principles and best practices for implementing new technologies in accounting workflows.
- Explore the importance of data security, privacy, and ethical considerations when adopting new accounting technologies.
- Identify the various stages and procedures involved in integrating technology into accounting practices, from planning and implementation to evaluation and optimization.
- Understand the implications of technological advancements on accounting roles and responsibilities, and how to adapt to these changes effectively.Â
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Description
The rapid advancement of technology is transforming the accounting profession, offering innovative tools and solutions to enhance efficiency, accuracy, and decision-making. This webinar explores the latest technological developments in accounting practice, examining how these innovations are reshaping traditional processes and creating new opportunities for accountants. Participants will gain insights into cutting-edge technologies, their applications in accounting, and best practices for integrating these tools into their workflows.Â
Price
The following pricing apply:
Adhoc: R375.00
Content:
The webinar will cover the following topics: 
-
- Introduction to Technology in Accounting:
- Definition and significance of technology in modern accounting.
- Importance of staying current with technological advancements.
- Overview of the evolution of accounting technology.
- Key Technologies Transforming Accounting:
- Examination of cloud computing and its benefits for accounting firms.
- Exploration of artificial intelligence (AI) and machine learning applications in accounting.
- Overview of blockchain technology and its impact on financial transactions and auditing.
- Data Analytics and Automation:
- Importance of data analytics in decision-making and financial forecasting.
- Best practices for implementing automation tools to streamline accounting processes.
- Case studies showcasing the successful application of data analytics and automation in accounting.
- Cybersecurity and Data Privacy:
- Overview of cybersecurity threats and their implications for accounting firms.
- Strategies for ensuring data privacy and protecting sensitive financial information.
- Understanding compliance requirements and best practices for cybersecurity in accounting.
- Implementing Technology in Accounting Practices:
- Step-by-step guide to integrating new technologies into existing workflows.
- Discussion on the challenges and considerations during the implementation phase.
- Techniques for evaluating the effectiveness and ROI of new technologies.
- Ethical Considerations and Professional Standards:
- Examination of ethical considerations related to the use of technology in accounting.
- Understanding the impact of technology on professional standards and responsibilities.
- Introduction to Technology in Accounting:
Certificate
The following CPD is awarded 3 Unit Practice Management.
Requirements
There are no preconditions for this course.
Moderate level.
Recorded webinar made available on a specified date.
Presenter
Nestene Botha CA(SA) 
Nestene Botha completed her B.Com (Hons) at North West University in 2012. In 2014 she completed her professional articles and her Master’s Degree in Chartered Accountancy. She then registered with SAICA as a Chartered Accountant in 2015. 
Nestene has lectured on the audit programme at the University of Cape Town. She started her own audit, tax & accounting practice which she has since grown into a reputable firm in the Table View area with 60 clients and two staff members. 
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