Technology


 
Information security management was the most important technology initiative for 2007, according to the AICPA’s 18th Annual Top Technology Initiatives survey, as voted upon by members of the AICPA Information Technology Section, CITP credential holders, members of the Information Systems Audit and Control Association and the Information Technology Alliance. For the fifth consecutive year, the survey identified information security as the initiative expected to have the greatest effect on business in the coming year.

“This top technology survey provides the CPA’s unique perspective regarding the impact of technology on financial management and the fulfillment of other fiduciary responsibilities, such as the safeguarding of business assets, oversight of business performance and compliance with regulatory requirements,” said Barry Melancon, CPA, president and CEO of the AICPA.

Four new initiatives made their debut in this year’s top 10: Securing and Controlling Information Distribution; Mobile and Remote Computing; Electronic Archiving and Data Retention; and Document, Content and Knowledge Management.

For more on the survey, visit www.aicpa.org/toptech .

SPONSORED REPORT

Revenue recognition: A complex effort

Implementing the new standard requires careful judgment. Learn how to make significant accounting judgments and document them and collaborate with peers for consistent application.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

News quiz: Taking an economic snapshot and looking to the future

Recent news included IRS actions that affect individuals and partnerships and a possibly influential move by a Big Four accounting firm.Take this short quiz to see how much you know about the news.