03 Dec 2012
THE MAJORITY of accountants class themselves as media listeners, with just a fifth claiming to be contributors, according to a recent study.
The stereotype that accountants are not engaging in social media is not so straightforward, according to a survey of 1,000 UK accountancy firms by tax and accountancy software provider CCH.
Further reading
Three-quarters of accountants surveyed use social media sites, compared to 69% last year.
However, although 78% class themselves as social media listeners, just 22% say they are contributors.
More than half (58%) now use smartphones to access social media sites and 26% are using tablet devices.
CCH UK managing director Simon Crompton (pictured) said: "On the face of it, the freewheeling world of social media and the structured world of accountancy seem poles apart. Yet the world of business has changed beyond recognition even in the last couple of years. From LinkedIn recommendations to customer reviews on Facebook, accounting practices are becoming increasingly social media savvy.
"Switched on accounting practices are already tracking conversations in LinkedIn groups and other social networking forums. They are responding to requests for tax advice and sharing views and opinions with prospective customers. The practices that engage can win more business as a result."
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
Visitor comments Add your comment
Ambulance chasing or referrals?
Chasing commentators on social media is like ambulance chasing. Professional work is worthwhile when it is referred by contacts and affiliates. There is a difference in the way the client behaves and the quality of professional work obtained when it is referred.
Posted by: AFFILICA INternational, 06 Dec 2012 | 14:11