Are firms really plugged in?





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?



PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

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.