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Important Accounting Trends For 2019 - Business - Nairaland

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Important Accounting Trends For 2019 by Onyemadonald(m): 7:34pm On Dec 26, 2018
As the new year is around the corner, new trends will surely emerge. In the accounting sector, technology is becoming increasingly involved, mainly as a means to increase the overall operational efficiency in business. Are are wondering which accounting trends will leave the biggest mark in the year 2019? here are a few trends that will surely make waves.

MOVING TO THE CLOUD
Cloud computing system and storage is becoming more widely used by old and new accounting firms. Not only do cloud Accounting promote mobility, ensuring remote work is easily and managed properly, but it also provide loads of other benefits.

Many of today’s leading cloud Accounting solutions offer improved security, quality control and data recovery options that may not be accessable. In addition, the cost savings is often notable, especially when compared to adding, managing or maintaining internal servers with the same level of accessibility.

INCREASING SECURITY
Accounting firms are increasingly focused on security due to breaches regularly making headlines. The Accounting industry handles incredibly sensitive data, that is why they are prime targets for an attack.

Small firms are going to concentrate seriously on security improvement as they are often seen as the easier targets by cybercriminals thanks to traditionally lower security thresholds. Since the threats against the accounting industry is increasingly becoming more sophisticated, rising to the challenge is a must.

Read the full article in the link below: https://www.trendingaccounting.com/2018/12/important-accounting-trends-for-2019.html

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