Blog

digital democracy

The onset of technological advances has meant a move towards more equality and public debate through the myriad of social media platforms. Net neutrality has been a hot topic lately and a tension caused by Government pronouncements urging the Tech Titans to edit some of the less desirable content found on the internet.. We also… Read more »

Open Book, Ledger and Lender Accounting

Accountants  and Lenders of a certain age will recognize the term open book accounting, essentially it was a way of two parties having access to more than the usual information in a transaction. It was supposed to benefit both parties through smarter procurement and contract negotiations. Although it didn’t get widespread acceptance, especially in Public… Read more »

Accountants, Blockchains and Cryptocurrencies

The new kid on the block (chain) is the crypto currency. Bitcoin is but one example of these new digital virtual currencies which may at some future date be the future of how we do business. The issue for me is one of hurdles and acceptance before we dispense of ‘fiat money’ and whilst Blockchains… Read more »

AI new digital accounting experience.

We have had many blog posts about the attributes, personality and skills of a leader. Dealing with uncertainty and making businesses ‘safe’ against a backdrop of technological change is one such skill. In the modern lexicon VUCA has come to replace ‘Change management’ as a key acronym because this new definition of ‘change’ is rapidly… Read more »

Ownerless and driverless vehicles

Whilst this may be a catchy title, it is, in essence the traditional Finance conundrum of lease of buy, or the cost/ benefit analysis of ownership.. Introduction The future of personal transport needs a paradigm shift from the car being an aspirational symbol to mobility as a service. This is in line with what sociologists… Read more »

Akratic Accounting

Akratic Accounting or Procrastination Introduction We have all been there, put off something until tomorrow and tomorrow, as we know never comes, so those little tasks like reconciling some control accounts don’t get done until absolutely necessary and at the eleventh hour leading to short cut and short term solutions and frustrations at our own… Read more »

Procrastination- the thief of time

This saying from the English poet Edward Young is often quoted when we talk about decision making, those who procrastinate achieve little. There are lots of articles in cyberspace about this and usually is seen as a negative behaviour and an example of poor decision making (or lack of). Passage of time The decision not… Read more »

Greek gifts

Ethics have always been at the forefront of behaviour, the trouble is they get taken to a meta level and questions such as ‘what is goodness?’ get answered by the prevailing cultures of the time. Shareholder value and the ‘goodness’ of greed is pursued ‘at all costs’ because that is the extreme way, and in… Read more »

pigeon holes and people

Most marketeers and salespeople want to have a handle on the demographic mix of customers. We have created a pigeon-holed society where products are aimed at specific markets. We also talk about embracing diversity and putting acronyms/names against certain sectors of society, LGBT, for example or ‘Millennials’. These descriptions are our way of rationalising behaviour… Read more »

Risk, Morals and Investment Appraisal.

One of the underlying assumptions for an investing shareholder is that the interests (returns) of the shareholder coincide with the interests of the manager. Indeed, the Principal-Agent relationship is key to this view and the assumption is that the agent is acting in the best interest of the Principal, using better knowledge to enhance the… Read more »