Accountants can be entrepreneurial too, honest – Seymour Lightman

English: Diagram showing overview of cloud com...

English: Diagram showing overview of cloud computing including Google, Salesforce, Amazon, Axios Systems, Microsoft, Yahoo & Zoho (Photo credit: Wikipedia)

office of Jacob Fugger; with his main-accounta...

office of Jacob Fugger; with his main-accountancy M. Schwarz (Photo credit: Wikipedia)

In early 2014, I took the decision to couple my passion for fraud prevention with a long-held aspiration to start my own boutique practice. I began studying for the Certified Fraud Examiner qualification and achieved full accreditation in July 2014. Not long after that I founded Probe Forensics.

Since then a great deal has happened. Like anyone starting up a business, I’ve had my fair share of false dawns and 20-20 hindsight moments (I’ll be blogging all about them over the coming months right here on Linked-in for those who’re interested), but I’m pleased to report that I’ve done my best to either ignore or learn from them and me and the business are still here and in one piece and in fact in rude health.

Why such rude health?

Well, for one thing I’m fortunate enough to be able to say that I am the lead forensic accountant on a number of criminal fraud investigations and my work has been warmly praised by counsel (apologies for bragging, but anyone who has chanced their arm at acquiring a new technical skill halfway through a professional career will know how gratifying it is to convert their aspiration into a paycheque and how much sweeter still that paycheque feels when the person writing it does so with a smile).

For another, I’ve developed a (completely unexpected) passion for cloud accounting technology, so much so that it has kind of taken over my business, if not my life. Actually, it’s not the tech I’m passionate about per se (although Xero do make it easy to fall in love with their software), but the exciting possibilities this technology opens up for small businesses and those accountants who embrace change and are prepared to redefine how they add value for clients in this brave new internet-based world of ours.

Fast forwarding to now, I’ve rebranded/restructured my practice into The Numbers Factory. Got loads to say about it and what it means to be a cloud-based accounting practice and why this is an unqualified good thing for start-ups and SMEs (for big businesses too, but maybe not just yet), so watch out for my blog posts to come. Meanwhile, please check out: www.thenumbersfactory.co.uk.

Seymour Lightman

We’re fighting bean counters now, says man who helped beat Nazis – Telegraph

As a Chartered Accountant by original profession, with a doctorate in Business Administration, and a former finance director for a large part of my career, I sometimes get annoyed at the term “bean counter“. However, I agree that the term “bean-counter” has been deployed correctly in this MUST READ article in the Telegraph. Check it out!

via We’re fighting bean counters now, says man who helped beat Nazis – Telegraph.

In my professional career, I have worked quite closely with members of the UK forces, in both training and transferring best practice. Based upon my personal encounters, they are an outstanding group of professionals, with excellent discipline and a good sense of humor.

I reserve my fullest criticism for the meddling politicians and the bungling bureaucrats who are often serving their own narrow interests.

Any thoughts?

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