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Are firms really plugged in?

Please note: This item is from our archives and was published in 1998. It is provided for historical reference. The content may be out of date and links may no longer function.

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Are Firms Plugged In?

Investment in Technology
Spending as percentage of annual gross fees
Hardware/software alone – – – – – – – – – – – – – – – 2%
Hidden costs
(For example, training, installation, maintenance) – – – 5%
Portable Technology
Firms with one
laptop for every
10 or more
desktop systems – – – – 62%
Technology Training
Firms giving staff each year
8 hours or less – – – 50%
8 to 23 hours – – – – 38%
 
Old vs. New
Using DOS – – – – 27%
Using Windows
(Some firms use both) – – – 88%
 
Using the Internet
Access for
every staff member – – – 19%
No access at all – – – 16%

Anecdotal evidence about CPA firms’ commitment to technology is plentiful.
But what are these firms actually doing?