Do-It-Yourself Accounting Model?

Now that migration to the cloud is inevitable, proactive CPAs are finding ways to take advantage of the cloud to revamp their practices, and are evaluating the changes to their core services - tax, accounting, and payroll - made possible by the cloud.

In this article, we’ll focus on how cloud technology has enabled an important breakthrough in client accounting.

The development of DIY (Do-It-Yourself) accounting software, led by Intuit, fundamentally changed accounting, and today, the DIY model is the norm for accounting software. Almost all accounting systems, whether desktop or cloud-based, are created primarily for small businesses, and are sold directly to them.

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