Technical knowledge and expertise in an accountant’s work, while crucial, is not enough to help one advance in this field; especially with the changing roles of our job. As such, leadership skills are something that should be possessed by accountants to continue to adapt and climb the career ladder. That said, there are some traits that distinguish great and subpar leaders.

Imagine finding out that your husband was secretly syphoning money from the business account for years. It’s a betrayal that no one wants to face, yet similar deceptions happen in the corporate world all the time. Fortunately, or unfortunately, these financial secrets often come to light thanks to forensic accounting, a specialised field that combines accounting with detective work. Forensic accountants investigate suspicious activities, such as unexplained expenses or odd patterns in transactions to uncover hidden truths. Let’s dive into the world of forensic accounting and explore how it plays a crucial role in both detecting and preventing fraud.

Rapid advancement in technology has led to the drastic fall in demand for human labour in a number of sectors - manufacturing and retail. While these changes have their benefits, it raises the question of job security. So, are accountants soon to become irrelevant in light of automation? Is the period when there will be no need for accountants nearing us? Should aspiring accounting graduates and current accountants be looking at a career change?

The short answer is : not necessarily.