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Accountant’s Priorities -AICPA

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Top 10 Tech Initiatives 2013

The American Institute of CPAs has released its annual list of the top technology priorities for accountants, as determined by a survey of over 1,600 institute members.

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Accountant’s Priorities -AICPA

  1. 1. Top 10 Tech Initiatives -- 2013The American Institute of CPAs has released its annual list of the toptechnology priorities for accountants, as determined by a survey of over1,600 institute members.
  2. 2. 1. Managing and Retaining DataFor the first time in nine years, IT security didn’t rank No. 1, edged out by concernsabout how firms are looking after the vast amount of information in their control.Same rank in U.S. and CanadaAdequately addressing the issue: U.S. -- 55 percent; Canadian -- 57 percent
  3. 3. 2. Securing the IT EnvironmentIt may have dropped from the top spot, but security remains a crucial issue.Same rank in U.S. and CanadaAdequately addressing the issue: U.S. -- 51 percent; Canadian -- 56 percent
  4. 4. 3. Managing IT Risks and ComplianceKeeping up with regulations and requirements -- from the states to the feds to yourown clients -- is never as easy as just hitting a button.Ranked No. 4 in CanadaAdequately addressing the issue: U.S. -- 47 percent; Canadian -- 57 percent
  5. 5. 4. Ensuring PrivacyMore and more clients, regulators and governments have an expectation of privacy.Ranked No. 6 in CanadaAdequately addressing the issue: U.S. -- 45 percent; Canadian -- 53 percent
  6. 6. 5. Managing System ImplementationGetting it set up right the first time -- and fast -- remains a top priority.Ranked No. 7 in CanadaAdequately addressing the issue: U.S. -- 44 percent; Canadian -- 47 percent
  7. 7. 6. Preventing and Responding to Computer FraudNew technologies offer fraudsters new opportunities, but they also offer you moreways to detect and prevent them.Ranked No. 8 in CanadaAdequately addressing the issue: U.S. -- 44 percent; Canadian -- 47 percent
  8. 8. 7. Enabling Decision Support and AnalyticsAs Big Data and Business Intelligence grow in importance, being able to supply theright information at the right time will be crucial.Ranked No. 3 in CanadaAdequately addressing the issue: U.S. -- 37 percent; Canadian -- 33 percent
  9. 9. 8. Governing and Managing IT Investment and SpendingParticularly with the cloud, finding metrics for ROI is becoming both more difficult andmore important.Ranked No. 5 in CanadaAdequately addressing the issue: U.S. -- 38 percent; Canadian -- 38 percent
  10. 10. 9. Leveraging Emerging TechnologiesThe world is full of amazing tools -- you need to master them before your competitorsdo.Ranked No. 7 in CanadaAdequately addressing the issue: U.S. -- 27 percent; Canadian -- 22 percent
  11. 11. 10. Managing Vendors and Service ProvidersAccountants are more entwined with their providers than ever before.Same rank in U.S. and CanadaAdequately addressing the issue: U.S. -- 47 percent; Canadian -- 42 percent

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