Accountants are catching application fever!

Accountants are catching application fever! The ONS now includes smart phones and apps in the basket of 650 goods it uses to calculate inflation and they are so popular that accountancy firms have now jumped on the development bandwagon.

Taylorcocks, a firm of chartered accountants in Portsmouth, has developed a free app for the iPhone that lets businesses check and plan their finances on the move. It includes easy to use calculators, a calendar of important accounting and tax dates and a currency converter. It also has a diagnostic tool called Growth and Profit Solution which pinpoints the three top business growth and profit issues and supplies the strategies to address each of them within 10 minutes.

Deloitte recently launched a crisis management application called Bamboo that is suitable for Android, Blackberry, iPad and iPhone. The app is simple to use and it stores contact and planning data so that employees know what to do if an incident deprives them of Internet.

The head of resilience testing at Deloitte, Rick Cudworth, said employees normally only take personal possessions such as wallets, keys and mobile phones with them during an incident. With the Bamboo app, staff can access their individual action plan, regardless of mobile network connectivity or location. All 100,000 members of the Deloitte workforce have been issued with the application.

SJD Accountancy, a London based firm that caters for contractor accountants and freelancers, launched an iPhone contractor calculator application in 2009.

Even Sage, the accounting software provider, has applications for iPhone and Blackberry. I’m sure we’re going to see many more apps hit the market in the coming year.

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