Randy Johnston Archives - Page 23 of 30 - CPA Practice Advisor

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Accounting

Why and How: Emerging Technology Strategies

We’ve been through a year together learning about Emerging Technologies. While there will always be new technology, we are not likely to go through a period of time again anytime soon where the algorithms are changing so rapidly and the new ...

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Accounting

Why and How: Quantum Computing

You are likely to have seen all the information you need on the new iPhone, Google Pixel 3, Surface Pro 6, and Office 2019 as well as the outcomes of the CCH, Thomson and Intuit conferences, although if the reviews are not factual enough for me ...

Accounting

The Why and How of Bots for Accounting Firms

Engagement with clients and leveraging your brand is done easier and made stronger with Bots. This emerging technology has promise today and in the future. While applying some Bot technology may be more technically difficult for you to apply without ...

Accounting

Why and How: Cryptocurrency

Cryptocurrency has made a lot of millionaires and multi-millionaires in the last three years. That said, remember cryptocurrencies are highly speculative, and you may want to think of this as a form of gambling. While I know many CPAs who love ...

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Accounting

Why and How: Blockchain

Blockchain seems to be everywhere in the press and conferences related to accounting. There is clear merit to this coverage and blockchain is a technology with long-term importance. Applications have only been developed in a few pilot projects ...

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Accounting

Why and How: Big Data

If Cognitive Computing drives much of the emerging technology computer science research, most of the data science research is focused on Big Data. Big Data can be analyzed to produce actionable business information. This data analysis need may explain ...

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Accounting

What AI Means for the Accounting Profession: Part II

We see a number of products that are running crude AI today and vendors that are pretty far along in their use of AI. Getting products that apply to small and medium businesses are more of a challenge, but we see efforts at Intuit, Xero, BQE Core, ...

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Accounting

Why and How: Artificial Intelligence: Part I

One of the hot areas of emerging technology is Artificial Intelligence or AI. You know a topic is hot when products use the terminology in their name or in their marketing materials. We’ve see this done with “ease of use”, Cloud Computing, and Blockchain.

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Accounting

Why and How: Machine Learning

Machine Learning is still in its infancy and is making progress rapidly. Almost every provider to the profession is coding algorithms to learn about transactions. Every innovative company has a Machine Learning project to help learn and make very ...

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Accounting

Why and How: Cognitive Computing

Emerging technologies have always changed the practice of accounting. Further, your clients’ businesses also change based on their choices to use technology. Emerging technology is no long “emerging” when it becomes mainstream.

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Advisory

Why and How: A Strategy for Innovation

Over the last two to three years we have watched pundits and consultants promote ideas around emerging technologies. Some of the claims are ludicrous, loony, and ill-informed. Others are trying to position, parlay and learn. You’ve seen this column ...

Firm Management

Holistic Firm Management is Best

As you wrap up another successful year, you may be reflecting on the best techniques and tools you can use to manage your firm. While people and their skills are your most important asset, you can help your team by providing the right technology tools. It