It is likely that we have all been told to get our heads out of the clouds at one point in our lives. However, emerging technologies are now forcing us to get our heads into the “cloud” and our hands on our mobile data.
Mobile computing, remote computing, social media, big data and cloud computing have enabled CPAs and others to access, use and manage information most anywhere, at any time.
While these technologies are expected to drive 90% of the growth of the IT market from 2013 through 2020, determining out how to best leverage them is a hot issue for the accounting profession. In fact, the issue of leveraging emerging technologies ranked among the top ten technology initiatives in both the U.S. and Canada according to the AICPA's 2013 North America Top Technology Initiatives Survey results.