The Impact of Alternative Finance in 2023

The Impact of Alternative Finance in 2023

 Alternative Finance or Alt Finance refers to financial services and products that exist outside of traditional financial systems such as banks and capital markets. It include peer-to-peer (P2P) financing, crowd funding, revenue-based financing, and so on.  Alternative financing provides Individuals flexibility and variety of options. This has made alternative financing a very popular option among…

How Automation and Metaverse will change global work culture in the near future?

How Automation and Metaverse will change global work culture in the near future?

According to the World Economic Forum, automation and the Metaverse are the future. By 2025, tens of thousands of new job profiles will emerge as a collaboration between humans, machines, and algorithms becomes necessary. This revolution began in 2005 when Business Process Management was introduced (BPM). With the 2011 release of Apple’s Siri, the trend…

Effectively managing stress among finance and accounting professionals

Effectively managing stress among finance and accounting professionals

Managing stress in the workplace is a significant obstacle for finance and accounting professionals. According to a CABA study, the finance & accounting profession is amid a mental health crisis, with 31% of professionals experiencing daily stress, which is a significant concern for employers. What is stress? Stress is “the adverse reaction individuals have to excessive…

Will Cryptocurrency change the dynamics of accounting in 2023?

Will Cryptocurrency change the dynamics of accounting in 2023?

WHAT IS CRYPTO CURRENCY? A cryptocurrency is digital or virtual money protected by cryptography and traded over an internet network. It is not controlled or maintained by any entity, such as a government or a bank. Satoshi Nakamoto was the pseudonym used by the person or a group of people who developed the first bitcoin software…

5 Types of Productivity Tools used by Professional Accountants

5 Types of Productivity Tools used by Professional Accountants

Productivity tools are used by accountants to continue to maintain high levels of productivity without compromising on quality. But with so many to choose from, it is imperative to identify the right productivity tools that can help Accountants address key areas of improvement. They should fit into your workflow and be effective in aiding Accounting…

6 important reasons why Accounting firms need a strong social media presence

6 important reasons why Accounting firms need a strong social media presence

Accounting firms cannot ignore the advantages of having a strong social media presence in today’s digital age, as this is a major way to boost their online presence. There are over 3.8 billion people active on various social media platforms, so firms can leverage this to build their brand without spending heavily on marketing. Moreover,…