Latest Technology in Accounting Practice


Date: Nov 26, 2024 - Nov 26, 2024

CPD hours: 2 Hours

Time: 10:00 - 12:00

Event Type: Webinar

Presenter: Nestene Botha CA(SA)
CA(SA)

The rapid advancement of technology is transforming the accounting profession, offering innovative tools and solutions to enhance efficiency, accuracy, and decision-making.

Overview  

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. 


Learning objectives  

Attending this webinar will equip you with the following skills: 

  • 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. 


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. 


Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

All attendees are issued with a CPD certificate available in an online profile.   


Who should attend? 

The following persons will benefit from attending this webinar: 

  • Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

  • Registered auditors. 

  • Independent reviewers. 

  • Trainee accountants. 


 Price 

  • R 450.00 - Online admission - Individual. 

  • Group Price 1 - From R337 per person (up to 5 users) 

  • Group Price 2 - From R260 per person (up to 10 users) 

  • Group Price 3 - From R224 per person (over 11 users) 

 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 


Additional material 

By attending this webinar you will be provided with: 

  • A summarised slide presentation. 

  • Reference documents and/or course material where available. 

  • You can ask questions during the webinar and you will also have access to the presenter after the webinar. 


Corporate training solutions 

At SA Accounting Academy, we recognise the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritise hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at [email protected] or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organisational goals.  


Contact us   

  Have any questions or need any assistance? Contact us today!   

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Venues & Dates

The following venues and dates are available for this event.


Discounts available

The following discounts are available for this event

Discount Promo Code: Access to the webinar / recording

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