Blueprint for tax technology and digital optimization

Alternative work arrangements such as remote or hybrid options are becoming more prolific making it crucial for firms to fully leverage digital technologies. Mainstays like automation, e-marketing and employee engagement strengthen relevancy  and future proof a business — especially with the “great resignation” looming and client interaction mechanisms evolving.

In this episode of the Tax Section Odyssey, April Walker, CPA, CGMA, Lead Manager — AICPA Tax Section, talks through these topics with Cari Weston, MST, CPA, CGMA, Executive Director — Center for Accounting Transformation. Cari will be joined by Donny Shimamoto, CPA,CITP, CGMA, Founder and Managing Director — IntrapriseTechKnowlogies LLC, for the webcast Tax Practice Quarterly: A Blueprint for Tax Technology and Digital Optimization on May 17, 2022, 1–3pm ET (rebroadcasted on May 25, 2022, 3–5pm ET) to continue the discussion with an in-depth presentation.

What you’ll learn in this episode

• Important objectives for the Center for Accounting Transformation (2.45)
• Tips on how to narrow the search for technology stack improvements and ideal implementation timing (4.10)
• Primary hold ups that impede the progress of firms embracing technological changes (9.45)
• Potential processes often overlooked that are eligible for the biggest automation improvements (15.00)
• Alternate work arrangements and related technology improvement needs (16.26)
• Cari’s final thoughts (20.50)
• A page from Cari’s travel journal (22.08)

AICPA resources

• Tax Practice Quarterly: A Blueprint for Tax Technology and Digital Optimization — Digital transformation can take a “phoenix” or “evolutionary” approach — the path you take depends on your risk appetite, budget, and business strategy. Attend this non-technical session on May 17, 2022, 1 – 3pm ET (rebroadcast on May 25, 2022, 3 – 5pm ET) to figure out which digital technologies you should be looking at and which transformation strategy may be the right one for you.
• AICPA Town Hall Series— Bi-monthly, high-impact news broadcast series that delivers the latest news, analysis, insights and practical guidance to accounting and finance professionals and respond to pressing issues facing the profession

Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.

This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you’re not already a member, consider joining this prestigious community of your tax peers. You’ll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.