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October 4, 2012
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  Tech Update 
  • Google gains ground on Apple as app availability widens
    Apple's long dominance of the market for mobile applications is under threat from rival Google, developer of the Android operating system for tablets and smartphones. Google Play recently passed a milestone of 25 billion app downloads, and the store offers more than 675,000 apps. The Apple App Store still leads, with 700,000 apps, but the margin is shrinking. (10/1) LinkedInFacebookTwitterEmail this Story
  • Big Data works best with complementary technology
    Investment in Big Data needs to be complemented with investment in other technology, such as a cloud network and data from mobile devices and social networks, for it to be truly effective. Companies also need to update legacy IT to best support such technology. InformationWeek (9/26) LinkedInFacebookTwitterEmail this Story
  Emerging Trends 
  • CFOs need to watch out for cloud-computing tax rules
    Chief financial officers need to be involved in discussions with IT about cloud computing because many states still have unfriendly tax policies regarding cloud transactions. Fifty-two percent of senior corporate tax officials are not regularly involved in such discussions, a KPMG survey found. Learn more about moving accounting and tax services to the cloud at the Digital CPA: 2012 CPA2Biz Cloud User Conference, scheduled Oct. 28 to 30 in Washington, D.C. (9/20) LinkedInFacebookTwitterEmail this Story
  • Not all companies understand benefits of cloud computing
    Small companies have more and higher-quality options for moving processes to the cloud, but resistance to such a move persists. "The biggest barriers are reluctance to change and the fear of the unknown as it relates to the cloud," said John Higgins, co-author of "10 Steps to a Digital Practice in the Cloud: New Levels of CPA Firm Workflow Efficiency." AccountingWEB (9/7) LinkedInFacebookTwitterEmail this Story
  • Other News
  Security Corner 
  • Other News
  Regulatory & Legislative 
  • Executive order on cybersecurity nears completion
    The Obama administration is close to drafting an executive order that would take the place of the failed Cybersecurity Act of 2012 by improving security at critical infrastructure companies. However, an executive order would not replace cybersecurity legislation, administration officials said. Dark Reading (9/21) LinkedInFacebookTwitterEmail this Story
  IT Community News & Events 
  • Leverage advanced technology and achieve business goals: An editorial brief with McGladrey
    Companies including multinational corporations and small businesses are leveraging cutting-edge technology such as cloud computing and mobile devices to develop business opportunities, attract and keep customers, control costs and achieve other strategic goals. More companies are turning to public accounting firms for advice in adopting, managing and using IT. Read this exclusive interview with McGladrey's Bill Kracunas and Michael Smith and learn their insight as part of the AICPA 2012 Top Technology Initiatives survey results and Master Toolkit. LinkedInFacebookTwitterEmail this Story
  • Register: Learn how to use mobile and video to collaborate
    Join us as Jim Bourke, CPA/CITP, CFF, a partner and director at WithumSmith+Brown and former chairman of the AICPA CITP Credential Committee, brings together a group of panelists to discuss the use of technology to facilitate collaboration, including remote computing and use of mobile devices and video. Visit the IT Section webinar page for more information about the webcast, "Communication Through Remote Computing, Mobile and Video -- Control and Use," scheduled 11 a.m. to noon ET on Oct. 18. Note: IT Section members and CITP credential holders save an additional $15 on the AICPA member price on the webinar. LinkedInFacebookTwitterEmail this Story

  • Resources are available to prepare for the CITP examination
    The Complete Guide to the CITP Body of Knowledge is available to accounting professionals interested in information management and technology assurance. This guide is an in-depth and comprehensive review of fundamental concepts of the CITP Body of Knowledge. It is designed not only to assist in a candidate's preparation for the CITP examination but also to enhance the user's knowledge base in the marketplace. The guide is also available as a self-study course through continuing professional education. Note: IT Section members and CITP credential holders receive an additional discount of as much as 32% off the AICPA member price on both products. Visit the CITP exam Web page for more resources to help you prepare. LinkedInFacebookTwitterEmail this Story
  AICPA News 
  • Special issue of CPA Letter Daily will focus on cloud computing and outsourced accounting services
    CPA Letter Daily will publish a special issue Tuesday focusing on how CPAs can leverage cloud computing and the new service line of virtual accounting and tax services. To receive this special issue, you must be a subscriber to CPA Letter Daily. Subscribe, for free, and receive the special issue. Existing CPA Letter Daily subscribers will receive the issue automatically. LinkedInFacebookTwitterEmail this Story
Learn more about AICPA's IT SectionJoin the IT Section  |  Become a CITP  |  IT Section Events

Cooperation is the thorough conviction that nobody can get there unless everybody gets there."
--Virginia Burden Tower,
American writer

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About the Information Technology Section
The AICPA's Information Technology Section supports CPAs with a focus in ensuring data reliability, relevance, and availability using technology. The use of technology also enables CPAs to manage financial information effectively. The IT Section resources provide valuable information to help members achieve profitability for their organizations and of their clients.

About the Certified Information Technology Professional Credential
The Certified Information Technology Professional credential distinguishes CPAs who leverage technology to provide expertise in information assurance, internal controls, business process improvement, data analytics, and enhanced business reporting.

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