The Major Ways That Tech Tools Unlock Value for an Accounting Firm
The best way to impress clients, investors, and anyone else that might have an opinion about your accounting firm is to update your firm’s technology tools. These days when an investor is considering making a private investment in an accounting firm, they will want to see some of the latest and greatest technology tools that […]
The 7 Upsides of IT Services for Accounting Firms You Should Know About
There are more than 46,000 accounting firms throughout the United States. Some of these firms are massive with brand-name clients and other huge accounts, and some are more or less “mom-and-pop” shops that assist people within their local communities. Regardless of their size, all of these firms can benefit from using IT services. Today, we […]
Protecting Your Rights: Exploring FTC Safeguards
Anyone who works in financial services knows the importance of abiding by FTC safeguards. Adherence to these standards promotes transparency and fairness between consumers and businesses, enhancing relations. Understanding why you need to secure your customers’ rights is central to the future of any financial services provider. Stick around as we explore all aspects of […]
Hiring an IT Management Solutions Partner
Hiring an IT management solutions partner can be a daunting task, but with the right approach and due diligence, you can find a partner that will help your accounting firm thrive. With the increasing cybersecurity rules and regulations in today’s business world, choosing the right IT management solutions partner can have a significant impact on […]
Training and Managing Employees for Ultimate Data Security
It’s important that every accounting firm and tax professional establish basic employee training and management protocols to protect sensitive business and tax client information. Training and managing employees for ultimate data security is an important aspect of complying with the FTC Safeguards Rule. A few months ago, we guided you through the general requirements of […]
Always Be on Guard For Potential Security Breaches
Part of running a successful accounting firm is guarding against potential security breaches. The nature of a financial services business puts you in control of sensitive client information, including taxpayer identification numbers, social security numbers, and other nonpublic personal information. Your accounting firm must understand the types of security breaches out there to guard against […]
Set Up Basic Security Measures
There are basic security measures every accounting firm and tax professional should set up to protect sensitive business and client information. These security steps ensure your accounting firm protects sensitive taxpayer information and maintains compliance with FTC Safeguards Rule. While we outlined things your accounting firms should know about the FTC Safeguards Rule, this post […]
Create an Implementation Plan
In a recent blog post, we outlined the three things your account firm should know to comply with the Federal Trade Commission (FTC) Safeguards Rule. The network security rule ensures financial institutions, like your accounting firm, are equipped to protect sensitive consumer information by methods like safeguards rule implementation plan. As part of the Rule, […]
Things You Should Know About The FTC Safeguards Rule
The Federal Trade Commission (FTC) recently amended its cornerstone Safeguards Rule to ensure financial institutions adequately protect consumer information. The FTC amended the rule to provide more guidance on complying with specific requirements. As a professional accounting firm that handles sensitive information, you must understand the main requirements of the FTC Safeguards Rule, how the […]
6 Things Your Accounting Firm Needs to Know About IRS Compliance
As an accounting firm, securing sensitive client information is not only an essential component of running your business, but it’s also a federal requirement. Protecting taxpayer information is a priority for the IRS. As a priority project, they released new federal regulations and guidelines tax professionals must comply with. This post outlines the six things […]
