Today's Features

SURVEY: Remote Access Use Sliding Down

Trend Watch: Remote access is trending down with exception of a tethered smartphone.

 

Q: What does your firm use for wireless access outside of the office?

 

Chart of survey results

 

List of main answers provided
Source: Accounting Firm Operations and Technology Survey

Other answers:
• Clients’ internet
• Clients’ internet or WiFi at home
• CradlePoint
• Thanks
• Verizon Hotspot

More Accounting Firm Operations and Technology Survey: Cloud Usage Still Spotty | Email Hosting Done Outside Office | Mergers on the Mind | Hidden Risks in Document Retention Practices | Accountants Shaky on Email Archive Policies | How Savvy CPAs Use the AFOT Survey to Make Smarter Business Decisions | Keep Pace First, Change Will Come (Like It or Not) | You’re Not Tech-Savvy If You’re Not Cyber-Safe, Too | Lions and Tigers and Blockchain and Bots, Oh My!
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Mandatory Retirement Gains Ground

Chart of mandatory retirement by firm size

Multi-partner firms with mandatory retirement provisions grew from 62.4 percent in 2015 to 64.2 percent in 2016. This percentage is expected to increase as more firms are grappling with partners hanging on to equity longer and young managers vying for partner roles. Take a look at the findings in the new Rosenberg Survey and see what else is changing for partners. Learn more here.

The Client-Management Secrets of High Performing Advisors

By Hank Berkowitz
Wealth Management

New research shows that high-performing financial advisors communicate more frequently with clients than their less successful peers.

MORE BERKOWITZ: Don’t Be Cheap or Lazy with Client Communications

MORE: Personal Financial PlanningClient Service Opportunities, Growth & Marketing

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One of the key reasons: They know the secrets of the most effective channels.

READ MORE →

SURVEY: Staffing and Succession Still Rocking Firms

Is your admin staff ready to support all your changes?

By Jennifer Wilson
Rosenberg MAP Survey

We like to say that we specialize in solving CPA firm problems and problems were WAY UP in 2016!

MORE FROM THE MAP SURVEY: Tech Advances Will Lead to Dichotomy | Technology Evolving Faster Than Accounting Firms | Succession Issues Stalling Some M&A | Technology Playing Center Stage in CPA Profession
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The #1 cause? Succession, transition and the need to have the right Next Gen leaders in place to lead, grow the firm and fund retirements. In most firms, organic revenue growth was up but staffing – having the right people in the right roles in the right timing – wasn’t keeping up. More revenue, more clients and fewer resources led to a feeling of overwhelm in many firm leaders and talent.
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SURVEY: Cloud Usage Still Spotty

Trend Watch: The adoption of cloud services is selective.

Q: Does your firm use any SERVICE that could be defined as “cloud” computing – i.e. hosted software/server or hosted communications? (Select all that apply.)

 

Chart of survey results
Source: Accounting Firm Operations and Technology Survey

 

Other answers:

• AppRiver
• MS 365
• Project management (Smartsheet)
• QBox – hosted QuickBooks
• Sharefile
• Terminal Server
• Thomson Reuters Virtual Office, QuickBooks Online; Right Networks QuickBooks hosting
• Time and billing (ImagineTime), Storage (SmartVault)
• Too many to list
• Unitrends
• Unsure
• Wave and QBO
• We are private-cloud hosted in a secure data center

 

More Accounting Firm Operations and Technology Survey: Email Hosting Done Outside Office | Mergers on the Mind | Hidden Risks in Document Retention Practices | Accountants Shaky on Email Archive PoliciesHow Savvy CPAs Use the AFOT Survey to Make Smarter Business Decisions | Keep Pace First, Change Will Come (Like It or Not) | You’re Not Tech-Savvy If You’re Not Cyber-Safe, Too | Lions and Tigers and Blockchain and Bots, Oh My!
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Deloitte Develops Audit Technology for Smaller Firms

Man at laptopThe mindset that led to it? Competition from a couple of guys in a garage.

By Rick Richardson

Deloitte just announced the availability of audit technology for smaller accounting firms through a new venture it recently formed.

MORE TECH THIS WEEK: The Uncertain Future of Tax Prep [VIDEO] | Why Voice Is So Important | The Puck That Tracks Your Time | Securing the Data Center on Wheels | The Three Weakest Links in Your WiFi Security | New MIT Drone Flies 5 Days on 1 Tank | Will HEIF Kill JPEG?
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Deloitte created Auvenir as an in-house startup and tasked it with developing its own auditing technology that could be offered to small firms. Deloitte is starting with a North American launch of the technology, known as the Auvenir Audit Smarter platform, which leverages artificial intelligence to help auditors with their work.
READ MORE →