allows organizations to make more effective use of data in advising clients and
making business decisions. However, the explosive growth in the volume and
complexity of information has increased the risks in managing and retaining
data – which, according to the 2013
North America Top Technology Initiatives Survey, is the top priority for CPAs.
everyone can agree that data management is integral to an organization’s
ability to mitigate risk, an organization whose data management policies and
procedures are insufficient or ineffective is exposed to the consequences of
poor data management. Those consequences could result from poor business
decisions or client advice that was based on incomplete or inaccurate data,
having data stored in outdated or incompatible retrieval formats or improperly
backing up data, which can result in its irrevocable loss.
Continue reading "Managing and Retaining Data: Top Priority for CPAs" »
allows CPA firms to better understand, manage and grow their practices. Yet, it
can come with its own set of challenges when trying to manage and retain data,
secure IT environments and stay in compliance, according to the latest top
technology initiatives survey from the AICPA’s Information Management and
Technology Assurance Division.
North America Top Technology Initiatives Survey, conducted jointly by
the AICPA and the Chartered Professional Accountants of Canada, asked accounting
professionals in public accounting, business and industry, consulting, government,
not-for-profit and other organizations about their top 10 technology
initiatives in 2013. Here's the top 10 in the U.S. and Canada:
Continue reading "2013 TTI Survey Lists Top 10 Technology Initiatives in U.S. and Canada" »