that oncoming train is blockchain accounting

old steam train pulling into a tunnel belching steam and smokebut you can ride it to the new destiny of your practice.

by hitendra patil

warning: this is not fiction. this is not sci-fi.

more on entrepreneurial strategy:  is blockchain a cloud killer?  |  is blockchain an extinction event for accountants?  |  blockchain: questions are the answer 22 ways blockchain will impact the accounting profession  |  how to beat automation in accounting | 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 | new survey results: ‘decisiveness’ rated top trait for success in accounting business | the 5 most common marketing blunders accountants make | how the “1099 economy” will transform accounting | four signs the uberization of accounting has already begun
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when the best brains in the payments systems and regulatory organizations across the world sit and take serious note of the possible impact of blockchain on the entire financial sector, the accounting and tax profession cannot afford to ignore blockchain.
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keep pace first, change will come (like it or not)

man scratching head while standing at crossroadsbuckle up, buttercup, but remember the choices are yours.

by seth fineberg
accounting firm operations and technology survey

if you’ve been paying attention, albeit sporadically, you’ve gleaned that the accounting profession as a whole – much like small businesses in general – is at a crossroads.

more from afots: you’re not tech-savvy if you’re not cyber-safe, too | lions and tigers and blockchain and bots, oh my!
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is your tax workflow digital yet?

pixelated blue text "workflow" on binary code backgroundmake sure it’s not just your admins using the tools.

by roman h. kepczyk

the most important aspect of transitioning the firm’s tax process to a digital environment is managing electronic files that are no longer physically viewable in assorted stacks around the office.

more on tech spending: be strict about document retention | document management requires firm standards | why unified messaging matters | get in front of application updates | why you need offsite backup
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preventing document retention headaches

last day words written in red marker ink on a calendar date and circled as a reminder of the deadlinebe sure to set expiration dates.

by roman h. kepczyk

managing digital files is in many ways similar to managing paper files in that the firm must have standards for who can

  • create a document,
  • add to or edit a document,
  • file it and eventually
  • purge the file.

more on tech spending: document management requires firm standards | back up your bandwidth | how to choose which microsoft office version to use | time to replace a server? consider the cloud | monitor real estate: more is better | why you need an independent security review

 

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