The accountant of the future

At the recent AICPA conference, much of the discussion focused on what skills the accountant of the future would possess. There are two major changes happening in public accounting -- technological disruption and a move to more advisory services. These two changes require more diverse skills than ever before. Many of the skills are beyond …

Keeping Up: IMA releases new Competency Framework

The field of management accounting is constantly changing. The IMA helps provide the right tools for its professionals to keep up to date. The organization released a new Statement on Management Accounting that looks at its new Competency Framework. The updates include skills that professionals need to be up to date in the digital age. …

Accounting and Football?

Love sports? Good at Data Analytics? There may be a new job for you. The Southeast Conference (SEC) recently hired Deloitte to review their football officiating program. The firm is to review play by play reports and using a statistical analysis, determine if there are any outliers or exceptions. They are also to compare to …

Can Encryption be broken?

RSA 2048-bit encryption is the standard. The time to break the code for encryption is currently so long, this is the standard for most systems. All banking, email systems, etc use 2048-bit as the primary encryption method. Now comes the new computers called quantum computers. The processing times on these systems are a fraction of …