The last thing a business wants to do is adopt a new HR software that brings new problems. Many already face the problem of not knowing what to do when it comes to issuing payslips and how to efficiently update or archive them.
The management of source documents – bills, invoices, receipts or anything substantiating a transaction – is critical for small business compliance. They’re also important for accurately and efficiently completing the accounting process, and ultimately, providing informative business insights.
The industry-wide Electronic Bank Confirmation (EBC) Platform (eConfirm.my) was officially launched on 26 June 2020 by the Malaysian Institute of Accountants (MIA) and Extol Corporation Sdn Bhd (Extol), a wholly-owned subsidiary of AppAsia Berhad, at an e-ceremony attended by various stakeholders, including auditors, audit clients, bankers and regulators.
eConfirm.my Integral to MIA’s Strategy to Advocate Audit Digitisation
Members of the MIA’s Digital Technology Implementation Committee (DTIC) and its working groups explain how their organisations are leveraging on technology to sustain business in the MCO, while preparing for life and work post-MCO.
This 2019 survey is a follow up to a similar survey that was carried out in 2017 which contributed to the development of the MIA Digital Technology Blueprint that was launched in July 2018.
Virtual meetings have long been a relatively cheap and carbon-friendly alternative to in-person meetings.
In recent years, the rise of new technologies such as artificial intelligence (AI), machine learning, and automation has been one of the biggest disruptors across multiple industries, changing business processes and how professionals work.
Technology is a key enabler for MIA to future-proof the profession.
Users with AI experience in multinational corporations (MNCs) and SMEs shared their insights at a panel discussion on “Experience Sharing by Professional Accountants in Business (PAIBs) and Small and Medium Enterprises (SMEs) adopting AI” at the recent RoBoCFO Workshop: Using Artificial Intelligence (AI) to Analyse Financial and Business Trends.