Accountants Need to Provide Data Security Services for Themselves

It’s a situation rife with dangerous implications. Accountants work with client data all the time. And they also store a lot of data about their clients such as contact information and government identifier information. This takes place at a time when viruses and various forms of cybercrime are increasing exponentially. It leaves accountants in a vulnerable position if they do not take the steps necessary to protect their client data.

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Training Young Accountants

There are two problems that the accounting profession has had for many years. One is that we downplay the importance of technology and do not include good technology training in the educational programs. That is increasingly untenable. The other somewhat related issue is that we educate young accountants in the advanced elements of management, strategy and professional work, but when they gain employment, they are assigned the basic, routine, (let’s face it, dull) tasks. 

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RPA for Cybercrime Control

Automation of business processes is usually put forward as a means to make those processes  more efficient and less costly - as a means to reduce the involvement of people and free them up for more substantive tasks. Robotic Process Automation (RPA) is the latest approach most commonly touted as a solution.

But there is another aspect of business process automation that sometimes gets overlooked.

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CPA Founding Partner

Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.