Tag: spreadsheet

With many South African companies preparing for the financial year-end, the spotlight is once again on financial reporting. This business function, while often taken for granted, holds enormous sway over strategic decisions, stakeholder trust and regulatory compliance.

Tax season inevitably means digging out all those airline boarding passes, fuel slips and receipts from your travels over the past year. As a frequent business traveller, you've likely accumulated quite the collection in hopes of a decent refund on allowable expenses. However, the taxman wants more than a shoebox stuffed with crumpled receipts.

The use of spreadsheets in accounting and finance departments has vastly improved data analysis and enabled fast and accurate reporting, computing and information storage. Life without them is almost unthinkable. However, danger lurks within and although the use of macros in Excel to automate processes can enhance efficiency, macro malware can put your entire business at risk.

Accounting is in a very exciting space. Access to modern technology has been changing the profession for several decades already. But today, it stands at a crossroads that shapes accounting's future - a break away from the routine capturing, recording and presentation of historical data.