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As is the case every May, you can expect two magazines to hit your mailboxes soon\’97both of which are heavy on tech: Our regular issue of California CPA, as well as Technology and Business Resource Guide, our annual special issue.

0516.covers.jpgWe all know technology is changing the way we live and work, yet we\’92re often so focused\’97read, scared\’97on what\’92s changing that we forget to look at how we can ride the change as a benefit for our businesses or firms. Take \’93Big Data,\’94 a topic that\’92s been circulating for a while now. The moniker itself, which seems more fitting for a wrestler, is enough to make people run away. The term basically refers to data sets that are so large or complex, that traditional data processing applications are inadequate. Indeed, there are estimates that the digital universe\’97the data we create and copy annually\’97will reach 44 zettabytes by 2020.

If you\’92re like me, you have no clue what a zettabyte is. I can tell you it\’92s a 1, followed by 21 zeros, but that\’92s still hard to wrap your arms around. So, picture this: In 2013, there were 4.4 zettabytes of data, the equivalent of a stack of iPad Airs (12GB each) stretching half way to the moon.

By 2020, 44 zettabytes would equal 6.6 stacks of those same iPad Airs.

Back to earth. Even if you manage to extract what you\’92re looking for out of all that data, what next? Glad you asked. In our TBRG issue, Anthony Bohorquez, CPA and Brian Lopez, CFE, two members of our Forensic Services Section, discuss the various challenges with dealing with Big Data and explain how a sound methodology is the key to unlocking a powerful story that your information may be trying to tell.

Related to the theme of growing information and tech, Jim Gellas, finance director for Xero, talks about how technology\’97specifically, mobile, evolving accounting regulations and data security\’97is impacting the profession and the ways modern CPAs work. And there\’92s no sign of tech slowing down\’97are you ready?

Rounding out our TBRG are articles dealing with QuickBooks updates, smartwatches as a business tool and dealing with online reviews. And as usual, the issue contains the guide to the California Accounting & Business Show & Conference, scheduled for June 1-2.

Our main issue also touches on tech as Excel guru Jeff Lenning takes you on a tour of how to use hyperlinks to cross-reference related electronic documents, including PDFs, QuickBooks and Word documents; Ilene Eisen discusses how she established her virtual office through cost effective and easily scalable solutions; and CAMICO\’92s Randy Werner list some simple steps you can take to mitigate the threat of ransomware, one of today\’92s more malicious types of hacker attacks.

Off of the tech theme, our issue also features a Q&A with Katrina Salazar, the most recent CalCPA member to step in as president of the CBA, who talks about how the profession has changed over the years and where the CBA will be placing its focus. And you\’92ll get to know Richard Gieldin, a senior associate at Deloitte, who also just happens to be a DJ and self-taught firedancer. As we enter May, we\’92re also close to closing out our fiscal year, which means a new CalCPA leadership team stepping in. Read about them in the Notice of Annual Meeting.

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