"Much of the discussion in the accounting industry today pivots around how global markets impact practice management and client service. But when asked about the top concerns among accounting firm leaders, BKR International, a global public accounting association, cited an overwhelming focus on the following three:
1. Security awareness. Financial advisory firms of all sizes are actively targeted by hackers in search of client data, according to a top cybersecurity threats report by BKR International last year, in tandem with the Identity Theft Council in California. Public accounting firms – at least in the United States – may be required in the future to comply with minimum federal data security standards"
Read Article: www.accountingweb.com/practice/practice-excellence/top-3-practice-management-concerns-for-cpa-firms-to-tackle