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
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
Data wants to be free -- but you can get sued for that. Handling it well: 61%.
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
It's not just Facebook and Google whose privacy policies matter. Handling it well: 62%.
5. Leveraging emerging technologies
The pace of change makes keeping up a critical capability. Handling it well: 34%.
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
Data should make decisions easier -- in theory. Handling it well: 46%.
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
A perennial concern is getting easier with more sophisticated tools. Handling it well: 60%.
10. Managing vendors and service providers
Gone are the days when your relationship ended with the purchase. Handling it well: 56%.
The fifth edition of our annual report highlights eight outstanding accounting firm leaders.
Illinois CPA Society holds its 7th annual CPA Day of Service
EFilecabinet CEO Benoy Tamang shares the bad practices that are endangering your firm’s and your clients’ critical information
H&R Block’s Jim Buttonow shares critical facts about the upcoming IRS program
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.
The most influential people in the field of accounting, as chosen by their peers
Leaders in the field pick their favorite efficiency-enhancers
7 questions to help protect your business clients
Every year, Xero recognizes app, bookkeeping and accounting partners that have performed well the previous year. These are the 2016 award winners.
Consultants Tamera Loerzel and Jennifer Wilson of ConvergenceCoaching answer tough HR questions.