the irs comes in second, says the aicpa pcps.
via aicpa
finding qualified staff is the top issue for all categories of accounting firms except sole practitioners, according to a biennial survey by the american institute of cpas’ firm practice management section.
everyone’s job is enhanced when you can automate wherever possible.
by jody padar
radical pricing – by the radical cpa
when you have three people in your firm, each doing things their own way, you won’t be able to standardize until you get them all on the same page. technology makes it easy to do that.
more: are you the key signal caller for your clients? | value pricing requires defining your clients | how value pricing impacts your employees | 6 steps to start value pricing | what are you selling? | three critical factors drive the value pricing trend | accounting disruptors are heading your way … with deep pockets | the convergence of trends makes pricing changes imperative | stop looking for talent that does not exist | advisory work must be priced by value, not hours
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technology is spurring innovation and driving automation – and that’s reshaping the future of accounting. automation is simply using technology to complete tasks that are typically done by humans, and it will help you standardize by providing:
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quick tech talk
with steve yoss
cpe today
i’m a big proponent of artificial intelligence and automation. i think these tools are incredible for automating day-to-day tasks, making our lives simpler, faster, and easier, especially lower-value tasks that don’t need our time or focus on our resources.
in the hands of a professional who knows what they are looking at, these tools can do much of the pre-work and the pre-processing. however, it is up to us to ultimately know what we’re looking at to determine if the results are correct or incorrect. these tools can never assume responsibility or accountability for what they produce. in the same way, a self-driving car is not responsible for getting you from point a to point b; it is ultimately the person in the driver’s seat who assumes responsibility. as the financial professional, you’re in the driver’s seat, and you must ultimately be able to look at this information and interpret it for your client because they won’t trust the ai. they’re going to trust you. and so these tools can be incredibly helpful, but it’s up to you to know how to use them responsibly.
think of it as an upward spiral.
by martin bissett
passport to partnership
unhappy and difficult clients help our firms to improve our client management skills and present opportunities to refine our leadership skills.
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it is tough for us to build a successful firm without difficult clients or internal personnel issues in order to provide learning experiences for us to build a robust and commercially successful infrastructure.
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beware: malicious apps could smuggle in dangerous code masquerading as regular files.
by rick richardson
technology this week
a recent bleeping computer report claims that microsoft has discovered a severe security flaw that might impact many android apps. this vulnerability, dubbed “dirty stream,” poses a significant risk because it might allow someone to take control of apps and steal essential user data.
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the ability for malicious android apps to change and abuse android’s content provider system is at the core of the dirty stream vulnerability. usually, this technology enables safe data transfer between several apps on a device. it incorporates security measures such as stringent data isolation, applying rights linked to certain uris (uniform resource identifiers), and careful file path validation to prevent unwanted access.