Technology


The AICPA issues its annual ranking of the 10 technologies most likely to significantly affect practitioners, their clients and their employers in the coming year. Topping the current list ( www.cpa2biz.com/toptechs ) is information security—the use of hardware, software, processes and procedures to protect the data in an organization’s systems—followed by antispam technology to reduce or eliminate unwanted e-mail; digital optimization—the process of capturing and managing documents electronically; database-application integration to ensure the synchronization of information in each of a company’s business systems; wireless communications technologies; disaster recovery; data mining; virtual office technologies that enable personnel to collaborate regardless of physical location; Internet technologies that support XBRL-based business transactions; and e-mail, voice mail and instant messaging applications.

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A new line of business to consider

Technology assessments may open the door to new engagement opportunities for your firm. What is a technology assessment? How do you perform one? JofA Tech Q&A author J. Carlton Collins shows you in a detailed explanation.

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Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.