PODCAST | Makosi pushes on-demand accounting service for audit firms

Efforts to address an apparent shortage in accounting professionals is the focus in this edition of the Business Day Spotlight. 

Our host Mudiwa Gavaza is joined by Darren Isaacs, founder and CEO of Makosi.

The accounting profession has come under strain in recent years with many online and artificial intelligence (AI) base services taking over or disrupting the work normally done by accounting professionals. 

In addition, Isaacs highlights that fewer learners are opting to choose accounting as an area of study at tertiary institutions, meaning the sector now faces a shortage of professionals.

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Makosi provides a network of about 12,000 accounting professionals that audit firms can make use of as and when needed, using an on-demand model.

Isaacs says the company partners with accounting teams globally to deliver “variable workforce solutions, including audit, assurance, and advisory services”.

Topics of discussion include Makosi’s business model; the state of the accounting profession; efforts around staffing auditing and accounting projects; dynamics in SA versus the rest of the world; and efforts to get more professionals into the field. 

Business Day Spotlight is a TimesLIVE Production.