New Levels of CPA Firm Workflow Efficiency
The American Institute of CPAs has published a new book that offers advice to CPA firms on how to use cloud computing. The how-to guide, “10 Steps to a Digital Practice in the Cloud: New Levels of CPA Firm Workflow Efficiency,” is written by John Higgins and Bryan Smith, a pair of CPAs who also hold the Certified Information Technology Professional credential.
According to the AICPA, “this brand-new, must-have resource will help you leverage technology – allowing you to automate data processing and more – to work as efficiently and profitably as possible, and focus your efforts on services that will increase the value you bring to your clients. Leveraging technology and moving to the cloud will improve the quality, efficiency, and profitability of the services you offer your clients. This new guide provides accounting and tax practitioners, from sole practitioners to mid-size firms, with an easy-to-follow roadmap for leveraging the unprecedented array of information technology solutions that can power your practice. This guide also includes several real-life firm-based case studies.”
In the book, the authors describe the 10 steps for getting a digital practice up and running:
1) Get the right technology infrastructure to leverage the cloud.
2) Provision enough Internet bandwidth, both wired and wireless, to operate effectively.
3) Select the right mix of desktops, laptops, mobile devices and software—what the authors call a “CPA technology toolkit” —to function in a productive, cost-effective way.
4) Install the right scanning systems to aid the shift to a paperless office.
5) Deploy a document management system to maximize efficiency with digital records.
6) Use trial balance working paper software, if the firm performs many of these engagements.
7) Transform the firm’s Web site into a full-fledged client portal.
8) Maximize productivity with workflow software.
9) Offer clients cloud-based accounting systems.
10) Have the right plan and tools in place to ensure data security and speedy disaster recovery.
To purchase “10 Steps to a Digital Practice in the Cloud: New Levels of CPA Firm Workflow Efficiency” visit the AICPA Store.
Also, Higgins will discuss topics from the guide in a session of The Digital CPA: 2012 CPA2Biz Cloud Users Conference, to be held Oct. 28-30 in Washington, D.C
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