Microsoft Office 201x vs. Office 365

Businesswoman using a tabletProceed cautiously for productivity applications.

By Roman H. Kepczyk
Quantum of Paperless

To be effective in business today, every member of your firm must optimally utilize the Microsoft Office suite at an intermediate to advanced level for Outlook, Excel and Word.

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The CPAFMA 2018 IT Survey found that 45 percent of responding firms had standardized on Office 2016 (including Office 365 users), 31 percent had standardized on Office 2013 and 23 percent on Office 2010. Firms have traditionally been behind the adoption curve because of the lag time of accounting vendors supporting the latest version, particularly for audit engagement binders.