Practice Management

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.

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.

Why patience is important with AI

In Part 2 of our annual accounting technology roundtable, our experts explore aspects of artificial intelligence, including what CPAs can realistically expect from initial AI implementations.

When choosing technology, put clients first

Evan Carroll, an author and the founder of Evan Carroll and Associates, shares his philosophy for choosing the technology that can help you improve relationships with your clients.

The most important skill for CPAs — and machines

To succeed in the age of artificial intelligence (AI), CPAs must be taught new ways to learn and must learn why machine learning means they should be patient with AI. Find out more in Part 2 of our annual Accounting Technology Roundtable podcast.

What CPAs need to know to succeed in new tech age

The Paul Reveres of accounting have been on their horses for the past couple of years, crying out that technologies such as AI and blockchain are set to invade the profession. “The robots are coming! The robots are coming!” Very well, but what should CPAs be doing about it? Find out in Part 1 of our annual Accounting Technology Roundtable.

The human skill CPAs need to leverage technology

As technology provides more and more real-time business information, CPAs will have the opportunity to provide valuable business advice to clients. To do that, however, CPAs need to ask the right questions of the right people to understand how the client’s business really functions, advises Amy Vetter, CPA/CITP, CGMA, CEO, The B3 Method Institute.

Don’t be scared of the robots; embrace them

While some view robotics and automation as a threat to accounting jobs, technology expert Amy Vetter, CPA/CITP, CGMA, sees these technologies helping accountants do their jobs more efficiently and effectively.

RESOURCES

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.