These two entrepreneurs say "don’t outsource accounting,” RDP risks, and remote accountant policies
Only 53% of accountants' clients are ready for the UK's "Making Tax Digital" launch in 6 months; two entrepreneur speakers advise other entrepreneurs never to outsource accounting (and why); the FBI warns that hackers are targeting Remote Desktop Protocol connections; 6 things your remote accountant policy should probably include; and how to protect your firm from risk of outsourced CFO engagements
Show Notes
53% of accountants’ clients ready for Making Tax Digital launch — Accountancy Daily — Significant numbers of accountants’ clients are still struggling to prepare for the advent of Making Tax Digital for VAT, which is now only six months away, according to the Association of Accounting Technicians (AAT)
Outsource Everything but Accounting, Quality Control and Sales — Entrepreneur — Michael Houlihan & Bonnie Harvey argue that "It’s almost impossible to get... critical numbers in a timely manner from an outsourced accountant.” Sounds like an opportunity! `
Warns of Hackers Using Remote Desktop Protocol, Is Your Business at Risk? — SmallBiz Trends — According to the FBI, use of Remote Desktop Protocol as an attack vector has increased, and intrusions are difficult to detect.
6 Things Your Remote Accountant Policy Should Include (But Probably Doesn’t) — AccountingFly — Here are six excellent items to include in your policy about working with remote staff. — Also check out this related story on the legal liability of freelance remote accountants.
Outsourced CFO Engagements: A Risk/Reward Perspective for CPA Firms — CPA Practice Advisor — Outsourced CFO work is a lucrative practice area, but firms must be sure to assess the risk of these client engagements.
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