Ten Expert Blog Topics | Listicle
Spark a smarter client conversation.
By CPA Trendlines Research
CHECKLIST
Ten Topics for Your Newsletter | Listicle
Ten Tips for Fighting Fraud | Listicle
By CPA Trendlines Research
Ten Top Topics for Your Client Newsletter | Listicle
Share your expertise.
By CPA Trendlines Research
Ten Tips on Using Newsletters | Listicle
Ten Client Service Issues for Estate Planning | Listicle
Schedule an appointment now.
By CPA Trendlines Research
Ten Great Topics for Your Firm Blog | Listicle
Stuck for ideas? Let us help.
By CPA Trendlines Research
Overworked Accountants Are Racking Up Financial Errors
Blame understaffing and overwork. And roll in the AI robots.
By CPA Trendlines Research
Eighteen percent of accountants make financial errors at least daily, a third make at least a few financial errors every week, and 59 percent make several monthly errors, according to a new survey that blames “capacity” issues.
RELATED: Hiring Experience Vs. Training Inexperience | To Replenish the Talent Pipeline, Go Back to the Classroom | Beware the Work-Life/Workload Doom Spiral | Why the Dry Pipeline? It’s About Time | Business Model Transformation: Do It or Die | Whole Person Retention: When It’s Not Just the Money | Disruptors: Nicole Davis & JW Davis Show How to Create Your Own Pipeline | More in Staffing & Recruiting
Exclusively for PRO Members. Log in here or upgrade to PRO today.
Is technology the best answer?
Your ChatGPT Checklist: Get Started with Generative AI
What accountants need to know today.
By Sandi Leyva
ChatGPT is a game-changing technology for accounting and tax professionals. If you haven’t already tried it, you’re missing out on potentially significant efficiencies for your firm. Like any technology, it has some pitfalls you must be aware of. But that shouldn’t stop you from at least seeing what all the fuss is about.
MORE ChaptGPT here
Here’s a 12-item checklist to get you started on ChatGPT:
Cybersecurity Exemptions for Orgs with Less than 5,000 Clients
You may be off the hook, but not out of the woods.
By Donny Shimamoto
Management consulting company AON described an exemption for some of the FTC requirements for firms that handle the personal identifiable information (PII) of less than 5,000 consumers.[i]
The Safeguards Rule provides an exception from certain requirements if the covered financial institution maintains customer information concerning fewer than 5,000 consumers. A consumer is defined in Section 314.2(b)(1) of the Safeguards Rule as “an individual who obtains or has obtained a financial product or service from the financial institution that is used primarily for personal, family, or household purposes, or that individual’s legal representative.”
MORE: How Hacker-Proof Is Your Firm? | Unleashing the Power of Technology: Transforming Accountants into Trusted Advisors | Future Firm Growth Requires a Mindshift | AI, OCR, NLP & CPAs: Oh My! | Accounting Nerds, Unlock Your Super Powers | Early Adopters Gain an Edge in Audit | Dustin Wheeler: For Serious CAS Success, Hire Tech Teams | CSR for CPAs: The Missing Ingredient | Donny Shimamoto Explains How ‘Agile’ Applies to CPA Firms | Staff Retention for Remote Workers | Why the Future is in Risk Advisory | Ready for Non-CPA “CPA” Firms?
Essentially if you handle less than 5,000 social security numbers, then it would appear that you can take advantage of this exemption. AON went on to report that if you fall under this exemption, then you do not need to address the following requirements: