Category: Blogs

The Business Risk Index (BRI) is a new regional credit rating that assesses health and provides unique insights into businesses across Australia. The latest data from July 2024 across 329 Australian regions revealed some alarming figures: The factors driving these changes include high interest rates, increasing commercial rates, challenges in expanding commercial spaces, and the shortage […]

As with the entire Finance and Accounting sphere, the future of auditing too is changing, reshaped by innovative solutions that enhance both the scope and efficiency of audit services. In the past, auditors focused on detecting fraud and ensuring that agents reported the true financial situation of businesses. Over time, the role of auditors has […]

The Australian government has announced a series of tax reforms that will affect businesses and individuals in the 2024-25 financial year. Here are the key takeaways from these upcoming reforms and how our team of experts can assist your Finance & Accounting firm in implementing these changes for your clients. What Are the Key Tax Changes […]

A few representatives from H Connect International were invited to attend the Human Capital Summit at Temple Trees last week. The summit focused on, “Unlocking Sri Lanka’s Economic Potential by Building a Future-ready Global Talent Pool,” bringing together Leaders of governments worldwide, including those from Sri Lanka, as well as leaders from multinational organizations and the […]

The international accounting community has seen a push recently to recognize accounting as a STEM (Science, Technology, Engineering, and Mathematics) field. This move holds significant advantages for Sri Lankan accountants, who are already well-positioned to capitalize on this emerging trend. Here’s the why, the how, and everything in between. Why Accounting Belongs in STEM Sri […]

According to IBM, in an average data breach, an organization loses $1.3 million. Factor in legal fees, regulatory fines, operational disruption, and reputational damage, and an organization would spend $1.58 million to detect and escalate a data breach. What does this tell you? Simply that, data security should be at the top of your list […]

According to Forbes Advisor, as of 2023, 12.7% of full-time employees work from home, while 28.2% work hybrid, a clear ongoing shift towards virtual models. Separated geographically yet digitally interconnected, these virtual teams are the pulse of today’s workforce. But building virtual teams is only the first step; building high-performing virtual teams that actually thrive […]

Background: The client is a mid-sized finance and accounting firm in Australia that provides a wide range of services, including audit, tax, and advisory services, to clients across various industries. The firm’s increasing client base, staffing limitations and the high cost of experienced professionals made scaling a significant challenge and threatened its ability to deliver […]

In a world riddled with economic uncertainty, Sri Lanka’s BPO industry cuts through the chaos with a winning hand: drastic industry expansion, a pool of brilliant talent, and the promise of exponential growth. The BPO industry is a game-changer, ready to redefine the future of outsourcing and perhaps the future of the country. Despite global […]

In this series of articles, we explore (1) why Data dashboards are important, (2) how to design an effective dashboard, (3) the key components of a Data dashboard, (4) choosing the right Data visualization, (5) best practices to design clear and impactful data visualizations, (6) enhancing usability in Data dashboards, (7) interactive Data visualization techniques […]