XLOOKUP Or VLOOKUP?
The Most Powerful Lookup Function For Accountants By Founder of Backbone: Ng Xian Hui Originally posted on Chartered Accountants Lab […]
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Backbone’s philosophy on AI for accounting
We were excited to read ISCA’s white paper (below link) on AI and its applications to accounting. https://isca.org.sg/resource-library/digitalisation/artificial-intelligence-for-the-accountancy-industry—what-lies-ahead Its reiteration
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Quantify cost saving from Financial Statement Bot
At our calculated average hourly cost of $56 and $69 for junior and senior staff labour respectively, time is money
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Accounting Attrition
Accountants are leaving the profession—rapidly. For a 12-month period ending in September 2022, the attrition rates for Big Four and
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The Key Features of a Top-notch Automation Product for Accountants
💫 The Key Features of a Top-notch Automation Product for AccountantsIn the dynamic landscape of accounting, staying ahead of the
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How accountant can contribute to sustainability
Singapore’s recent heat wave is a wake-up call to all of us about the importance of environmental conservation. In the
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Leave accrual
When do you need to accrue for leave and why? A very common misconception is that an entity should accrue
How do we see data analytics?
Data analytics is a big, if not, the biggest thing, today. But what it really is? Ask Wikipedia and you
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What is accounting?
Many people associate accounting to numbers. Is it really all about numbers? No. Accountants do more than that. Depending on
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Financial Statements Preparation Accounting Bot
Struggling with financial statement preparation? You’re not alone. Ensuring accuracy in financial reporting is a complex task, involving meticulous checks
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