Cloud has become a primary component in the evolution of information technology, especially when considering online accounting.

Quantifiable benefits like resource utilization, agility, and lower costs have encouraged initial adoption. SaaS (Software-as-a-Service) and IaaS (Infrastructure-as-a-Service) are the most popular and widely adopted modes; then you have PaaS (Platform-as-a-Service) which continues to evolve.

New Zealand has over 35% of all businesses on cloud accounting, while the US is at a staggering 4%! To remain competitive and keep costs down, your clients will need to move to cloud accounting solutions. It is your job as their CPA to guide them and be a trusted advisor. But how do you keep up with the accounting, tax, and audit work if you are turning into a technology advisor?