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Technology is a talent magnet for accountants

Technology is a talent magnet for accountants

The accounting industry in the UK is experiencing a talent crunch, with a shortage of skilled accountants impacting firms across the country. The demand for qualified professionals is on the rise, driven by a growing economy and evolving financial landscapes.

According to ACCA’s Global Talent Trends Survey 2023, the shortage of talent is due to a combination of factors, including high employee mobility with 44% of respondents expecting to change roles in the next 12 months, inflation-driven wage demands, and increasing concerns over burnout.

Specific regions in the UK, like Manchester and Nottingham, are experiencing more acute talent shortages, with a low number of applicants for accounting roles. This suggests that the crunch is not uniform across the country but more pronounced in certain areas

While some accounting firms may not believe that technology plays a significant role in attracting and retaining talent, the evidence tells a different story.

In

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Sam Altman’s Worldcoin is here: How to receive your free token | Technology News

Sam Altman’s Worldcoin is here: How to receive your free token | Technology News

OpenAI CEO Sam Altman recently launched his latest venture: Worldcoin, a cryptocurrency that requires scanning your eyes with a device called an “orb.” The project, which was founded three years ago, is now ready for the world to experience. Altman’s vision is to establish “a new identity and financial network owned by everyone.”

In a blog post announcing the launch, the founder notes that if the project is successful, Worldcoin could drastically increase economic opportunity and present a reliable solution for distinguishing humans from AI online. This would be achieved by offering users a unique digital identity based on their iris scan and a currency given “simply for being human.”

To register, users are required to first download the World App and then visit a Worldcoin operator who uses the orb. The orb will scan the user’s iris to prove that they’re humans. Following identity verification, users are assigned a

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Tiger Woods and Co. are meshing sports and technology in a way never seen before | Golf News and Tour Information

Tiger Woods and Co. are meshing sports and technology in a way never seen before | Golf News and Tour Information

Like many inspired ideas, this one was doodled out in its early stages on a napkin. Former NBC Sports president of golf Mike McCarley, who was scouting new business prospects, and Ryan Dotters, the CEO of the Full Swing golf simulator company, were at the 2019 PGA Merchandise Show in Florida and sharing their aspirations over beers at the hotel bar.

McCarley had an idea that might revolutionize televised golf, and Dotters was the man who could help him make it happen. McCarley envisioned an indoor arena, filled with a couple thousand spectators who would watch the likes of Tiger Woods and Rory McIlroy lead their teams in weekly head-to-head matchups in primetime.

The golf would be played in front of a giant simulator screen and on putting greens with technology so nifty that the surface could be re-fashioned for every hole.

Woods already was a fan of Full Swing,

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Xcyte Digital goes public with one-stop immersive event technology | 2023-11-21 | Investing News

Xcyte Digital goes public with one-stop immersive event technology | 2023-11-21 | Investing News

Xcyte Digital Corp. (TSXV:XCYT) has accrued more than 150,000 events with more than 100 million participants through its acquired business assets.

The company provides immersive technology solutions – which include virtual, augmented and extended reality for companies to connect with its audiences and deploy its brand. Xcyte offers a one-stop shop for all the event technology and managed services for immersive and virtual events.

Randy Selman, CEO and director of Xcyte Digital, joins The Market Herald to discuss Xcyte’s cost efficient immersive event platform, the move to take the company public, and details on what investors can expect from the company in the short and longer term.

TMH: Now, to start off, could you please tell us about your background in the industry?

Selman: I started my career in Toronto, Canada, with Northern Telecom Nortel. I was hired as a result of my knowledge of microcomputers, which as an

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How technology is helping municipalities crack down on illegal short-term rentals

How technology is helping municipalities crack down on illegal short-term rentals

During what Orest Katolyk calls the “wild west” of short-term rentals — the time before regulations were put in place — bylaw officers in London, Ont., would have to rent properties listed on websites like Airbnb to check for infractions.

“We actually rented a shed several years ago that was near Western University, and it was being rented out as a kind of overnight stay for $35 a night,” said Katolyk, director of municipal compliance for the City of London.

The city had been fielding complaints from neighbours throughout the school year. Renting the property was a necessary step that allowed them to prosecute the case.

In recent years, municipal governments across Canada have strengthened regulations to limit short-term rentals. Enforcing those rules, however, can be tricky because most listings don’t include an address.

But the jobs of investigators like Katolyk are getting a lot easier thanks to new tech

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