Technology Data

Source: Accounting Office Management & Administration Report

Data include:

• Technology budgets are approximately 4.2 percent of net fees.
• Only 4 percent of firms’ budgets are devoted to paperless systems.
• Firms’ progress toward paperless systems:
  • Completed 36.8 %
  • In the process 20
  • Completed a major department 17.9
  • Planning to do it in 12 months 12.6
  • No plans 12.6
  • Firms under $1 million that have gone paperless 43.5
  • Firms with 1 to 5 people that have gone paperless 53.8

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From Accounting Office Management & Administration Report, March 2008, p. 1. For subscription information contact Institute of Management & Administration, Inc., 3 Park Avenue, 30th Floor, New York, NY 10016-5902. One-year subscription $399. 212-244-0360, [email protected].

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