tech and fintech

focus on cyber risk, not just security

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infosec triangletake a comprehensive and holistic approach that includes your business strategy.

by donny c. shimamoto

cybersecurity is a huge buzzword right now. businesses are worried about it, people are worried about it and vendors are trying to sell you cyber protection solutions.

more: making it matter to accountants | it nerds need budget help | 8 ways to wrestle software subscriptions into submission | it hardware gets even more complex (great!) | how accounting geeks and techie nerds can play nicely together
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attending a cybersecurity webinar or seminar is also not for the faint at heart. even i, an it specialist in the cpa profession, often leave those events scared to put any of my personal data anywhere online.
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how audit field equipment is changing

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two businessmen shaking handstwain compliance remains a concern with scanner options.

by roman h. kepczyk
quantum of paperless

the advent of today’s audit “document container” applications has transitioned every aspect of audit production into a digital format.

more on tech spending: how and why to establish firm procedures manuals | devil’s in the details of digital file delivery | preventing document retention headaches | which wireless? | remote access takes planning | transitioning to windows 10 | desktops vs. laptops
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the key to successfully using these engagement applications is to make sure your personnel have the optimal equipment with them to work digitally. this includes multiple monitors, image capture equipment and remote communications capabilities.
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is blockchain an extinction event for accountants?

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blockchain illustration using train carsthe make or break question.

by hitendra patil
accountaneur: the entrepreneurial accountant

till today, “work” in the accounting profession involved creating and re-creating the accounting information and then making sense out of it.

more on entrepreneurial strategy: is blockchain a cloud killer? | 22 ways blockchain will impact the accounting profession | podcast: how to become a true ‘accountaneur’ | how job titles can rebrand your firm | forget cpe, you need an fpe | ‘uberizing’ means more than technology
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e.g., you take an invoice in a paper form – printed from the data already existing in someone else’s accounting software (private ledger) – and then you re-create the same data by converting (manual data-entry, ocr, etc.) that paper info into data again.
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how and why to establish firm procedures manuals

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it’s institutional knowledge; keep it in the institution.

by roman h. kepczyk
quantum of paperless

every firm has accountants who are 10 percent, 20 percent or even 50 percent more productive in their departments than other personnel because they have simply “figured it out.” unfortunately, when these people leave the firm, their unique knowledge of specific processes and shortcuts goes with them.

more on tech spending: devil’s in the details of digital file delivery | optimize scanning applications and procedures | document management requires firm standards | why unified messaging matters | get in front of application updates
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it is the responsibility of firms to capture these individuals’ best practices so that that specific knowledge can be shared and accessed by all firm members, both now and in the future. this can be accomplished by making a concerted effort to develop a best practices manual within each department.
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is blockchain a cloud killer?

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computer monitors morph into chain linkswelcome to an accounting model that’s predictive and always on.

by hitendra patil
accountaneur: the entrepreneurial accountant

let’s talk about the technology behind blockchain.

more on entrepreneurial strategy: 22 ways blockchain will impact the accounting profession | blockchain accounting is an oncoming train | how to fly the automation dragon to your dream practice | your clients hold a secret key to your practice growth
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you have accessed information from the internet for quite a few years. now you have started accessing information on the cloud.
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