Finance RPA Project Discussion
THIS CLASS IS A INTERNATIONAL ACCOUNTING CLASS.
PLEASE ANSWER ALL 4 QUESTIONS
- L&G’s finance RPA project began back in 2017 to reduce the need for manual, repetitive, nonjudgmental tasks. Their technology choice was Blue Prism. For the L&G team, the key lesson learned was to avoid doing too much at once. What further advice (six items) for management accountants starting on a finance automation journey did they give?
- What big accounting firm received a record fine from Britain’s accounting watchdog and why?
- Who did IFAC team up with to research how the accounting profession is linked to economic development? And what was the research results.
- What percent of U.S. public company audits utilize at least one foreign audit firm?