Video transcript:
You really need to start understanding technology, so the first step is really doing some technology training, understanding how these applications work, how information is automated from one system to another so that you make sure the accounting transactions are flowing through right. So absolutely you need to get a basis in understanding technology in order to be effective into the future.
The best way for a CPA to learn about technology is to just do it. There are tons of courses out there, but the best way to go about learning technology is the hands-on experience. So take your trainings through all of your vendors that you select as far as technology that you want to put in your accounting practice. Take the training that the AICPA offers as well to get you up and running and understanding what’s out there and how to actually transform your practice. All of that is great, but until you actually put your hands in it and start working in it and seeing how you work as a firm and also how your clients react to the technology, that’s when the real learning happens — so that you can keep innovating and making it better for the future.