AICPA Top 10 Tech

The American Institute of CPAs released its annual Top Technology Initiatives Survey, which ranks the IT issues of most concern to accountants and their clients. The Top 10 follow, along with the percentage of respondents who felt either confident or highly confident that their client or organization is handling the task appropriately.

1. Securing the IT environment 1. Securing the IT environment

Security -- in many forms -- was a major component of many of the Top 10 Tech Initiatives. Handling it well: 62%.

2. Managing and retaining data 2. Managing and retaining data

Data wants to be free -- but you can get sued for that. Handling it well: 61%.

3. Managing risk and compliance 3. Managing risk and compliance

You used to worry that a staffer was breaking the law; now you have to worry about your software, too. Handling it well: 65%.

4. Ensuring privacy 4. Ensuring privacy

It's not just Facebook and Google whose privacy policies matter. Handling it well: 62%.

5. Leveraging emerging technologies 5. Leveraging emerging technologies

The pace of change makes keeping up a critical capability. Handling it well: 34%.

6. Managing system implementation 6. Managing system implementation

It's the kind of thing you want to get right the first time. Handling it well: 52%.

7. Enabling decision support and managing performance 7. Enabling decision support and managing performance

Data should make decisions easier -- in theory. Handling it well: 46%.

8. Governing and managing IT investment/spending 8. Governing and managing IT investment/spending

Metrics and measurements for ROI are slowly emerging. Handling it well: 56%.

9. Preventing and responding to fraud 9. Preventing and responding to fraud

A perennial concern is getting easier with more sophisticated tools. Handling it well: 60%.

10. Managing vendors and service providers 10. Managing vendors and service providers

Gone are the days when your relationship ended with the purchase. Handling it well: 56%.



7 Things You Need to Know About Private Tax Collectors

H&R Block’s Jim Buttonow shares critical facts about the upcoming IRS program

View the slideshow >>


10 Ways to Turn Accountants into Consultants

Maureen Schwartz, executive director of the accounting association BKR International, and some of her colleagues describe 10 ways that firms can turn even the newest accountant into a better consultant.

View the slideshow >>


The Top People in Public Accounting – 2016

The most influential people in the field of accounting, as chosen by their peers

View the slideshow >>


Top 10 Productivity Tools for Accountants

Leaders in the field pick their favorite efficiency-enhancers

View the slideshow >>


ACA Pitfalls for 2016

7 questions to help protect your business clients

View the slideshow >>


Xero Recognizes Outstanding Partners at Xerocon 2016

Every year, Xero recognizes app, bookkeeping and accounting partners that have performed well the previous year. These are the 2016 award winners.

View the slideshow >>


The HR Helpline

Consultants Tamera Loerzel and Jennifer Wilson of ConvergenceCoaching answer tough HR questions.

View the slideshow >>


Back-to-School Tax Tips

With the start of school just around the corner, taxpayers should be aware of the following tax breaks and deductions available for qualifying expenses, according to the audit defense service TaxAudit.com.

View the slideshow >>


Tax Tips for Newlyweds

Once they stop being Bride- and Groomzillas, new couples need tax advice

View the slideshow >>


Summer Tax Tips for Your Clients and Their Children

Summer is well underway, and now is a great time to help your clients and their dependents with the tax tips in this slideshow written by Michael Sonnenblick of Thomson Reuters Checkpoint.

View the slideshow >>