“Dave and Cheryl have dared to ask the question: what would accounting look like if it were unburdened from 500 years of tradition still tied to paper, pen, and leather-bound journals? While traditional accounting starts with the end goal of reporting and works backwards into the business, data-centric accounting starts with the elemental business events and works forward. Reframing the starting point makes you rethink the whole approach to accounting and provides the opportunity to discard debits and credits and embrace a new approach grounded in the events that drive business value.”   — John Clements, CPA  Retired Big-4 Assurance Partner

Dave McComb and Cheryl Dunn, PhD

This book ushers in a sea change in the practice of accounting and the implementation of accounting systems. We are not tweaking the status quo. This book is the product of rethinking accounting from first principles. This is what accounting would look like if we designed it anew, based on what has been learned in information systems over the last 50 years.

Accounting systems, in the current state of the art, deliver historical information long after the fact and provide only a subset of the data needed for decision making. The data-centric approach we outline in this book delivers all the relevant information known to the organization, immediately without manual intervention and adjustment.

By applying data-centric principles to accounting   —   what we call data-centric accounting   —   organizations can vastly improve decision making and increase the likelihood of meeting budgets.

We hope this book will also appeal to accountants, though we recognize that many may be too invested in the status quo to welcome change.

Let us send you an email (one, and only one) with release date and ordering information, and lead your organization to the Future Of Accounting.