{"id":126775,"date":"2024-06-25t00:00:18","date_gmt":"2024-06-25t04:00:18","guid":{"rendered":"\/\/www.g005e.com\/?p=126775"},"modified":"2024-08-29t23:52:59","modified_gmt":"2024-08-30t03:52:59","slug":"overworked-accountants-are-racking-up-financial-errors","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/06\/25\/overworked-accountants-are-racking-up-financial-errors\/","title":{"rendered":"overworked accountants are racking up financial errors"},"content":{"rendered":"

\"\"blame understaffing and overwork. and roll in the ai robots.<\/strong><\/p>\n

by 卡塔尔世界杯常规比赛时间 research<\/em><\/p>\n

eighteen percent of accountants make financial errors at least daily, a third make at least a few financial errors every week, and 59 percent make several monthly errors, according to a new survey that blames \u201ccapacity\u201d issues.<\/p>\n

related: hiring experience vs. training inexperience<\/a> | to replenish the talent pipeline, go back to the classroom<\/a> | beware the work-life\/workload doom spiral<\/a> | why the dry pipeline? it\u2019s about time<\/a> | business model transformation: do it or die<\/a> | whole person retention: when it\u2019s not just the money<\/a> | disruptors: nicole davis & jw davis show how to create your own pipeline<\/a> | more in staffing & recruiting<\/a><\/p>\n

\"goprocpa.com\"\u00a0exclusively for pro members.\u00a0log in here<\/a>\u00a0or\u00a02022世界杯足球排名 today<\/a>.<\/p><\/blockquote>\n

is technology the best answer?<\/p>\n

<\/p>\n

\u201cwhile capacity issues aren\u2019t new to accounting, demands on accounting staff capacity continue to rise. in the past three years, 73 percent of accountants report that their workload has increased because of new regulations, and 82 percent say economic volatility has increased demands for their work,\u201d says mallory barg bulman, senior director of research in the gartner finance practice. \u201cif these financial and regulatory pressures continue to increase, as history suggests it will, the already-limited capacity accountants will be stretched further and increase error rates.\u201d<\/p>\n

the survey asked accountants how often they or their peers made common errors due to manual work, automation, those made by other internal business partners, insufficient review, reopening books, misinterpretation, or volume\/complexity overload.<\/p>\n

\u201cfinancial errors can have tangible business consequences. when accountants make errors \u2014 and those errors make their way into the monthly or quarterly close \u2014 the enterprise may make business decisions based on incorrect data or, worse, issue inaccurate financial statements,\u201d says bulman.<\/p>\n

efforts to increase capacity through finance technology have not yielded the expected gains. given technology\u2019s importance to the accounting team\u2019s ability to reduce errors, gartner experts tested what improved technology outcomes.<\/p>\n

\u201cit stood out that when users displayed acceptance of the technology they were using in accounting, they used it much more effectively, realized capacity improvements, and made significantly fewer errors,\u201d says bulman. \u201cit\u2019s better to have less technology with a workforce that accepts it than to have the cutting edge of technology and resistant employees.\u201d<\/p>\n

four elements define technology acceptance in this context: users must find it easy to use, learn, and customize for their needs. it must also have all the information the user needs in one view. companies that digitize with high technology acceptance for their technology environments see a 75 percent reduction in financial errors.<\/p>\n

\u201cin this survey, 73 percent of accountants felt that the technology available to them is missing one or more of the four elements of acceptance,\u201d says bulman. \u201cthe accounting functions that are managing to build technology acceptance don\u2019t necessarily have different technology: building acceptance has more to do with putting in place practices that allow staff to perceive technology as easy to use and helpful.\u201d<\/p>\n

gartner experts recommend three best practices to build technology acceptance:<\/p>\n