ACCT 367
12/2/13
Digital CPA
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Introduction
The global economy, and society for that matter, has turned to a paperless way of doing transactions and sorting data. Companies look for every way possible to eliminate unneeded costs and increase their profits at the same time. The way companies have started to do this more efficiently is by increasing their use of growing technology in the business world. Great new things are being created to make things easier for companies large and small in size, one of those easy tools is called the Digital CPA.
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The Goal of the Digital CPA
The Digital CPA, in terms of program usage, eliminates the need for a company to pay for a CPA to come in to do accounting work or the need for a CFO to overlook financials. Both a CPA and CFO positions can have significant costs associated with hiring and sometimes make mistakes that could cost the company even more money. A CPA doesn’t look for ways to improve the company’s finances but simply accounts for the profits and losses to move on to the next job where the Digital CPA programs can find ways to also improve your business while doing the accounting work.
One application of the Digital CPA is the Freshbooks Cloud accounting which helps the user review the profits and losses and can identify the bestselling products of the company to increase revenues. Another application is the Quickbooks which is mostly the premier accounting service for small businesses. All these applications within the Digital CPA create a plan and a budget according to the size and growth of the specific business.
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IT Benefit of Digital CPA
The IT benefit of the Digital CPA programs will take the company’s specific business and budgetary needs into account so that the user does not incur unnecessary costs. The IT solutions will provide services such as...