2008 Top Technology Initiatives Case Studies 

    by Scott H. Cytron, ABC 

    How do you use technology in your firm or business?
       
    Laptop and cellphone for 2008 TTI Case Study 

    In today’s always-on accounting environment – as in all of our daily lives – technology is a primary driver that makes us more efficient and cost effective.

    Just as there are many methods to interpret financial statements or prepare tax returns, there, too, are many ways to understand, implement and evaluate technologies.

    The AICPA’s 2008 Top Technology Initiatives survey results listed the most important technology initiatives affecting IT strategy, investment and implementation in organizations. Once again, for the sixth consecutive year, “Information Security Management” was rated as the most important initiative by survey respondents. Up from the #6 position in 2007, IT Governance was chosen as the second most important technology initiative – reflecting the market’s renewed emphasis on corporate governance and responsibility.

    The AICPA’s 2008 Top Technology Initiatives survey results listed the most important technology initiatives affecting IT strategy, investment and implementation in organizations. Once again, for the sixth consecutive year, “Information Security Management” was rated as the most important initiative by survey respondents. Up from the #6 position in 2007, IT Governance was chosen as the second most important technology initiative – reflecting the market’s renewed emphasis on corporate governance and responsibility.

    As a professional working in accounting, the Top Technology Initiatives help you stay current on the latest technologies and provides guidance on prioritizing projects to better serve clients, customers and employers. However, no approach is cookie cutter and a template does not exist. Instead, the business marketplace relies on the expertise demonstrated by CPAs who serve as technology consultants, blending accounting methodologies with technologies and systems.

    Here are three profiles of CPAs in various forms of practice who each found different ways to evaluate the list to use or implement it in their organizations:




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