LMA Accounting

There have been recent developments in the ever-changing business landscape and in technology, as well as various market forces, which are shaping the accounting profession as we know it today. These changes are largely driven by rapid advances in technology. In many ways, the pandemic has accelerated that adoption, for example, in the wider adoption of cloud-based accounting software, as well as the move towards automation and artificial intelligence. The following trends have become the driving forces behind LMA Accounting’s innovative solutions development and advisory programmes:

• Data analytics and forecasting tools: LMA recently launched its Data Analytics, Automation and Virtual Office programme. The programme is designed to equip our accounting and finance professionals with the strong critical thinking, problem-solving and technology skills that assist in advancing a client’s business strategy.
• Digital transformation: One of the most pressing accounting challenges is leveraging technology to support business strategy and adapt to changing conditions. At LMA, our virtual office application with our “bot” enables us to better serve our client base.
• Online collaboration and remote workforce: At LMA Accounting we have implemented cloud-based software that allows teams who are physically dispersed to collaborate and accomplish critical financial processes. We use collaboration platforms such as Zoom, FORT and functional collaboration tools for e-signature and cloud-based file sharing.