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INTERVIEW WITH ACCOUNTANT DAVID ZGAMBO

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Were you always planning to be an accountant and why?

Yes am a fun to numbers and result oriented


When meeting with clients do they mostly come to your own premises or do you mostly go their theirs?

My clients come to my office. We meet at designated places and venues.


What is your preferred mode of communication with your clients?

Email, Face to Face, WhatsApp


Have you ever done an online video call with a client?

Yes


What do you love most about accounting?

When the figures are reconciled and mean the real state of affairs.


Would you recommend accounting as a career for school-leavers, and why?

Yes, because it's an ongoing learning and accountants are needed by all businesses. Also can practise independently.


What qualities should South African business people be looking for in their accountant?

Accountants who are flexible to clients requirements, approachable, affordable and quick to deliver.


What is the biggest challenge facing accountants today?

Pricing is the biggest challenge and declining demand. The tax law is not robust enough to create work for accountants. Business owners are at liberty to overlook accountants, except when they want to acquire property or borrow money.


What aspects of accounting do you focus on most?

Cost and management accounting.


Describe your average client:

30


How far away from your premises is your furthest client?

50Km


From your accounting experience, if you could cite one of the biggest reasons SME's in SA fail, what would it be?

Misunderstanding of the distinction between the Business Entity and owner (Separate legal entity status).


What accounting software do you like best?

Sage One, Zoho Books


What other software, online services or apps do you use?

Syft Analytics, Zoho One, Receipt Bank, Smart Practice.


Do you think the coming wave of automation in the next few years will steal some accounting jobs and why/why not?

Already it has but only accountants are the ones with interest, otherwise, should business owners develop the interest to use or learn the softwares, the accounting profession will be a dead profession.


What is your opinion on Bitcoin?

Is a non starter in South Africa as it needs a lot of learning and also everyone feels it's a scam or kind of a betting or lottery.


What do you enjoy doing in your spare time?

Visiting places of interest and surfing innovation webpages.


What is the most interesting thing on your bucket list?

Visiting places of interest and surfing innovation webpages.



See how our other local South African accountants have answered the above questions.