It is generally accepted that few consumers really read terms of service agreements from beginning to end. Only 15% of customers read terms of service agreements completely, according to a 2015 poll by the International Association of Privacy Professionals, and another 15% said they only skimmed them. The other 70%…

The even bigger question is what will they do when they find out? But first, let’s maybe cover why they might find out you haven’t done any backups. Most customers of accountants and bookkeepers trust that their provider has it covered and are well educated on the ins, outs, ups…

Accountants across the world are being smashed with a new scam that could leave them with a hefty bill. scam The, which is also known as ransomware, involves hackers gaining access to your computer system and locking you out until you pay a ransom. In this blog post, we will…

The Canadian Revenue Agency (CRA) issued a memorandum on the requirements for computerized records. This memo replaces and updates the information contained in earlier CRA publications. This blog post provides a high-level summary of the key changes that affect your customers and compliance. The most significant change contained in the…

Good record-keeping is essential for any business, but it’s especially important for businesses in the accounting and bookkeeping industry. Why? Because businesses in this industry are subject to a higher degree of regulation and oversight. That means they need to be able to produce accurate and up-to-date records upon request. …

Nothing, not a darn thing…so can you stop reading now? DEFINITELY NOT…! Well you say, “I’m not a Canadian CPA or Bookkeeper, so can I stop reading now?” Definitely not, most governance laws are duplicated or mirrored in commonwealth countries, so if I haven’t listed the specific Act in your…

As an accountant or bookkeeper, you know that data is essential to your business. You also know that data can be fragile, and it’s important to have a backup plan in place in case something goes wrong. With cloud accounting, you have the added benefit of being able to access…

Many people still manually backup their cloud accounting system files but not everyone is backing up. The accountants and bookkeepers who don’t backup their files usually fall into one or two mindsets; 1. They don’t know the provider is not responsible for backing up their own files. 2. They trust the…

First of all, if you are backing up your cloud accounting data, well done! You’re a conscientious person who sincerely cares about your customer. There’s only one more thing you have to consider. Keep reading… Here’s the section I’m referring to; “1. © the ability to restore the availability and…