Accounting vs. bookkeeping vs. artificial intelligence

Posted Leave a commentPosted in Accounting, Computers and Internet, Financial Planning, Small Business

I read an article that started out with a silly statement “It’s not a reality—yet—but accounting software is poised to eliminate accountants”. The article goes on to discuss the role of bookkeeping software, not the work of accountants. I responded “If you believe that this next generation of software will replace accountants, then I would […]

Script of new introductory video

Posted Leave a commentPosted in Computers and Internet, Employee Benefits, Financial Planning, Gardening, Hobbies, Small Business

This is the working script to my new personal introduction video that will be recorded soon and then made into a multi-media video some time after that: “Hello, this is accountant Tony Novak with a quick 10 point personal introduction: 1. The value I bring to clients today comes directly from experience and relationships built over several decades […]

Why I prefer Microsoft Office over Google Apps (and Excel over Sheets)

Posted Leave a commentPosted in Computers and Internet

These notes are prepared in advance of a collaborative article with another CPA. The proposed article is meant for accountants about the benefits of Microsoft Excel vs. Google Sheets. This is why I prefer Microsoft Office and Excel: I am paying Microsoft for a service so there is a legally enforceable contract. I have the right […]

A practical approach to bitcoin for regular people

Posted 1 CommentPosted in Computers and Internet, Financial Planning

Today I set up an account on Coinbase so that I can conduct transactions in bitcoin. If you don’t know what either of those terms means, there is probably no point in continuing to read further. But if you are aware of bitcoin and might have been wondering whether “regular people” should be involved, this […]

Review of my data backup plan: everyone should have one!

Posted 1 CommentPosted in Computers and Internet

Everyone should have a data backup plan with built-in redundancy that anticipates human error and known risks. Those who do not, it seems to me, always eventually wind up losing data. I’ve lost important data over the years including legal and financial records and family digital photos so I feel like I’ve learned the hard […]