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Digital CPA: What You Need to Know


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Digital CPAs are emerging. Here is an overview of all you need to know about Digital CPAs and their technology.

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Digital CPA: What You Need to Know

  1. 1. Digital CPA: What You Need To Know
  2. 2. "Digital" is a buzzword. While it's still emerging, it has started impacting almost every professions. And, accounting is not untouched.
  3. 3. Accounting professionals and CPAs have started adopting the latest technologies to be competitive, innovative and improve work efficiency to become “Digital”.
  4. 4. Digital CPAs: Who Are They? So when you hear this term, what comes to your mind? A digital CPA is a CPA who uses technology such as cloud, mobile, and other means to attract clients and enhance their business services. The Digital CPA term was first coined by the AICPA.
  5. 5. Characterstics of a Digital CPA 1. Harness the power of technology such as mobile and cloud computing 2. Make use of Social Media 3. Available anytime, anywhere 4. Establish communication and collaboration
  6. 6. What Technology They Use?
  7. 7. 1. Cloud Technology Cloud technology, aka cloud computing allows you to access your data and applications anytime, anywhere over the Internet. There is no need for the physical setup to install and run applications. Digital CPAs perform accounting tasks over the cloud. They store and access their accounting data and application on the cloud and enjoy the benefits of remote accessibility, better collaboration and real-time updates.
  8. 8. 2. Mobile Technology Mobile is one of the hottest trends in the technology sector. It allows you to operate your business within a handheld devices such as smartphone, tablets, etc. with mobile apps and let you be in touch with your team members or customers when you are away from the office. Digital CPAs are mobile. They use mobile devices and application for immediate access to the data, to communicate to the clients and to be available 24x7.
  9. 9. 3. Social Media Social media such as facebook, LinkedIn, Twitter etc. allows people to connect with their friends, family and like- minded people. Businesses use this technology to connect with their clients and prospects for building relationships and promote their business. Digital CPAs use social channels to utilize their business, showcase their expertise, market their business and to increase their digital exposure.
  10. 10. 4. Communication Technology Using technology in communication is becoming the norm, and part of our lives. Technologies such as IM, audio and video conferencing, e- mail, e-faxes and social media are changing the way we communicate. Digital CPAs make use of effective communication tools and techniques to foster a good working relationship with team members, clients and partners to improve morale and efficiency.
  11. 11. To be progressive, innovative & competitive you need to be a digital CPA. It's not only a need for you or your CPA firm but also for your clients. It is what your clients are looking for!
  12. 12. Are you a Digital CPA?
  13. 13. About Us Ace Cloud Hosting powered by Real Time Cloud Services (RTCS), is an Authorized commercial QuickBooks Hosting provider and Application Hosting Service provider to CPAs, SMBs, Bookkeepers and ranks amongst the leading QuickBooks hosting providers. To know more, please visit: Or call us at: 1-855-219-0431
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  15. 15. References: What is a ‘Digital CPA’? - AICPA Top 5 Technologies that will Help a CPA Go Digital - Ace Cloud Hosting Image Credit: Pixabay and Pexeles