So you've made the decision to start considering your
business's compliance status, which is great. Compliance regulations for
accounting firms are mandatory and should not be taken lightly. Managing these
guidelines seriously is a major step towards a long-lasting, healthy business.
When financial businesses get to this point, though, there
aren't a lot of roadmaps on what the first step should be. Every business wants
to get the highest-quality compliance support year-round so they can never
worry about compliance again, but that's not always feasible.
For over 40 years, The Network Doctor has been helping
businesses across industries understand compliance and get their business to a
secure, compliant state. Our expertise spans all sorts of compliance services,
from audit preparation to long-term work.
All our cybersecurity services are designed with compliance
in mind, so even when we're not focusing on getting compliant, all our work
keeps you within regulations.
If you're deciding how best to tackle compliance for your
accounting firm, use this blog to guide your decision making.
Benefits of one-time support
The main reason any business chooses an isolated package of
one-time compliance support is money.
Compliance is expensive, and for small or young firms, it's
a recurring expense that business owners can't justify.
While we always want to stress that managed IT services are
always worth the price and can prevent costly fines or issues down the line,
we're conscious of the reality many business owners face.
If a business can only afford a one-time compliance gap
assessment right now, that's always better than having no compliance support.
This one-time assessment is also great for long-term
planning. With a compliance gap assessment, our professionals come to your
accounting firm and do a sort of audit of our own, telling you where your
systems are out of compliance and what the path to compliance looks like.
From there, a business knows the time and monetary costs for
compliance and can budget those costs in the coming months.
Benefits of ongoing support
Ongoing compliance support, especially when paired with
general managed IT support, starts with the same gap analysis but goes so much
farther.
Once the analysis is done and our team has full
understanding of your firm's needs, then the work begins. Using that playbook,
we build out a comprehensive compliance suite including monitoring, reporting
and periodic re-evaluation.
With our decades of experience working in
compliance-regulated industries, we're able to help your firm prepare for a
compliance audit as well as build the infrastructure to feel confident going
into future audits down the line.
The benefit of ongoing, managed support means so much more
than clearing one audit. It's an investment in your business, intentionally
building technology practices that stay compliant so you'll never have to ask
"are we compliant" again.
Get compliance started, no matter what form it takes
Whether you can afford long-term compliance support or only
a one-time assessment, accounting firms will always benefit from considering
compliance.
Especially as tax season gets closer, organizing your
business towards the regulations found in the FTC Safeguards Rule and PCI-DSS
compliance saves time, money, and a lot of headaches.
If you want to get your firm started with compliance
services, schedule a 15-Minute Discovery Call with The Network Doctor today for
either a one-time gap analysis or long-term ongoing compliance support.
