How CPA Firms are Leveraging New Developments in IT

Case 12-1 - Research Project: How CPA Firms are Leveraging New Developments in IT.  Do an online search to find any relevant article or source explaining how CPA firms are using IT developments (e.g., the cloud, mobile, etc.). Write a brief essay (1 - 2 pages) summarizing the benefits of the new technology (cost reduction, revenue increases, customer attraction and retention, etc.) and how the firm might mitigate any new threats associated with that technology.

Overview:

Find articles from the past year in the Journal of Accountancy, the New Accountant, and any other magazine that explain how CPA firms are using IT developments (e.g., the cloud, BYOD, mobile, etc.). Write a report that explains the benefits of the new technology (cost reduction, revenue increases, customer attraction and retention, etc.) and how the firm mitigates any new threats associated with that technology.