Online accounting services are going to be expanding their capabilities in 2024. Thanks to an industry change, specifically new parameters being defined by the Association of International Certified Public Accountants, certified public accountants will now be able to deliver services associated with accounting cybersecurity. This particular aspect of the digital field has been growing tremendously with the widespread move to cloud systems, digitization of accounting records, and electronic remote bookkeeping. The new changes for the industry kicked in on January 1, 2024.
What Does a Cybersecurity Accountant Bring to the Table?
The key difference is a hybrid approach to data security and finance. While the two fields have seen a lot of crossovers, formally, they have retained their reviews and examinations by respective auditors and approvers versed in one or the other. That simply doesn’t reflect business reality anymore. Modern financial systems today use heavily integrated programming and scripting, database management and accounting all in one. So, there should be a review and examiner trained in the same as well, to cover all relevant aspects. The cybersecurity accountant provides this combination for the industry now.
Internal Communication is Improved
The two worlds of IT and Accounting use very different languages, but they are both sitting in the same work playground. By creating a professional bridge between the two, accounting services can now find common ground that reduces delays due to lack of understanding and improves response to identified problems, particularly those that crop up from the accounting side but may be embedded or implemented through scripting or system manipulation.
An accounting service provides one of the fastest, most flexible ways to bring in the help of a cybersecurity accountant, both for piloting the resource and including an outside perspective when there is a roadblock between traditional IT and accounting internally.
A Changing Paradigm Requires Changing Resources
The digital world isn’t going to stop progressing anytime soon. In fact, businesses are going to find their financial activities integrating more and more with the IT side, including programming, scripting and database management. In this regard, the traditional approach to accounting monitoring and review isn’t going to work well anymore, entirely missing aspects associated with system and network management. The cybersecurity accountant role fills this growing loophole.
Businesses that ignore the above are simply leaving open the backdoor for problems, especially those buried in system programming. And these days it doesn’t take much to inject a malicious script to start s
