tech and fintech

deliver reports digitally (even in-house)

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blacked-out password in box on screenconsider security … or lack of it.

by roman h. kepczyk
quantum of paperless

improving firm efficiency means that the owners have to get on board.

more on tech spending: a better way to handle time & expenses | how efficient are your audits? | going digital: how to train a client | hit ‘delete,’ but only when it’s time | unified messaging offers benefits | remote access: giving workers what they want
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one of the more obvious opportunities is the delivery of the firm’s own financial reports.
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how the pc nearly destroyed the accounting profession

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now the cloud threatens everything, again. by doug sleeter accountex these are scary times for accounting professionals. today’s technology shifts are causing giant shifts in the whole paradigm of the accountant’s business model—and for the definition of most trusted advisor. and … continued

how efficient are your audits?

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blue audit button on keyboardan outside consultant is worth the investment.

by roman h. kepczyk
quantum of paperless

traditional audit practices use the previous year’s audit programs and processes updated for the current year as their standard operating plan.

more on tech spending: tech trends for auditors | how the best cpa firms capture best tech practices in procedures manuals | workflow systems make tax season less tedious | smart firms don’t happen by accident | bandwidth: how much? | are you ready for office 365? | server vs. cloud | size matters: in desktop monitors
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eventually this can lead to a significant amount of “over auditing.” breaking this habit is difficult as every level of staff has been trained in the manual processes and falls back on them when deadlines approach.
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