How to Modernize Your Accounting Tech Stack with Mature Innovations

Donny Shimamoto

Tired of everyone telling you that you need to modernize your accounting services, but not telling you how to actually do it? Let us guide you through creating your accounting innovation strategy and developing a plan for modernizing the way you provide accounting services using a holistic and time-proven view of your processes and information needs. Walk away from this workshop having:

Identified opportunities to leverage technology to automate accounting processes
Identified ways to classify information needs that drive decision-making
An understanding of how to create a more sustainable organization by shifting to a strategy-driven view of your products & services
Identified potential vendors to help optimize your accounting services

Learn to revamp your service offerings to increase profitability (accounting firms) or reduce cost (accounting departments) as well as optimize your staff’s workload. While many technologies come with some cost, they can greatly reduce manual labor and risk of error when integrated well. By providing more holistic services to your “customers”, you also better position yourself to be a trusted advisor and increase “customer” retention and satisfaction.

How Small Firms Use MS Teams for Internal & Client Communication & Collaboration

Shayna Chapman

As email is becoming out of control and less secure, new methods of communicating are needed for both internal and external firm communication. In this session, you will learn how a small firm uses Microsoft Teams for their internal communication and structure as well as how to use it to collaborate with clients. 

Cryptocurrency Taxation: Nuts, Bolts and Tax Law Updates

Shehan Chandrasekera

Blockchain technology and cryptocurrencies such as bitcoin and ether are two trending topics in the fin-tech world. Yet, few business professionals can grasp the intricacies, opportunities and challenges posed by this new technology. This session intends to give you a high-level, non-technological understanding of the history of cryptocurrencies and the taxation of common cryptocurrency related transactions. This session also covers current developments surrounding this topic such as the inclusion of the virtual currency question on the front of Form 1040, how to successfully navigate through tax notices (CP2000, Letter 6173, Letter 6174 & Letter 6174-A) and tax planning opportunities. 

Enabling Hybrid Work: How to Ensure a Holistic Approach to Customer, Employee, and Cybersecurity Risks

Donny Shimamoto

The move to remote work changes not just your cybersecurity risks, but adds an element of customer-facing risks, and also increases employee engagement risks. Learn more about these risks and some practical tactics to mitigate these risks by attending this session designed for non-techies. Learn what questions to ask your IT team and what you can do to reduce your data breach risk. Also get some tips on how accountants can help their organizations evaluate and prioritize addressing these risks.