Journal of Accountancy videos

The 2020s: A decade of change

CPA firms will be challenged by changes in technology and demographics over the next 10 years. In this video, three CPA firm leaders talk about how firms can meet these challenges.

Sprint your way to a digital future

Today’s rapid rate of change makes detailed multiyear digital transformation plans difficult, says Dan Griffiths, CPA, CGMA. A better approach is to set a long-term vision, then plan and execute it in two-week sprints.

What NextGen buyers want

Best practices for serving NextGen buyers include providing insights, expertise, and advice, according to Jennifer Wilson, co-founder and partner with ConvergenceCoaching.

How technology will change staffing needs

With the growth in emerging technologies, CPA firms will start hiring business analysts and data scientists, explains Donny Shimamoto, CPA/CITP, CGMA, founder and managing director of Intraprise TechKnowlogies LLC.

Ways to get started with RPA

Consult your firm’s security protocols when installing and deploying RPA components and keep in mind segregation of duties and controls, says Danielle Supkis Cheek, CPA, director of entrepreneurial advisory services at PKF Texas.

The benefits of RPA

Robotic process automation can reduce staffing costs related to repetitive, lower-level jobs while also freeing up time for staff to devote to more rewarding work, potentially reducing turnover, says Danielle Supkis Cheek, CPA.

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.

5G will open doors to driverless cars

The speed of new 5G technology will allow for enhanced communication with environmental beacons, providing exponentially more data to feed machine learning and real-time decision-making, says David Cieslak, CPA/CITP, CGMA.

Quantum may bring unhackable cryptography

David Cieslak, CPA/CITP, CGMA, executive vice president and chief cloud officer, RKL eSolutions, explains how quantum computing will create vector-based cryptography, a system even hackers can’t penetrate.

Quantum leap coming for computing power

Qubits, which are the fundamental units of quantum information, have special properties that help them solve complex problems much faster than classical binary bits.

Bitcoin too slow to be long-term currency option

Bitcoin is the big name in cryptocurrencies today, but its relatively sloth-like transaction rate means that it can’t scale up to replace major currencies such as the dollar, says David Cieslak, CPA/CITP, CGMA.

For some risks, ROI doesn’t measure up

Investing in certain emerging technologies may never provide a quantified return on investment, but they are risks you can’t afford not to take, according to Ed Kless, senior director of partner development and strategy at Sage Accountant Solutions.

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Keeping you informed and prepared amid the coronavirus outbreak

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

VIDEO

Excel walk-through: Sparklines

Want to liven up your spreadsheets with some color and graphical elements? Kelly L. Williams, CPA, Ph.D., shows how to use Excel sparklines, which illustrate data trends and patterns via small charts that fit in a single Excel cell.