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October 2020

BCAJ SURVEY ON DIGITAL GEARING OF CHARTERED ACCOUNTANT FIRMS

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Reading Time 2 mins

The BCAJ carried out a dipstick
survey in September 2020 to gauge the Digital awareness and adoption of
technology by CA firms.

 

Attributes of the
respondents:

 

A>  Location and Presence

32.5% respondents
had presence in Non-Metros and about 67.5% in both Metros and Non-Metros.

 

B>  Nature
of Respondents

45.5% respondents
were proprietors, 33.5% were firms having up to 4 partners, 11% were firms
having 5-9 partners and 10% were firms having more than 10 partners.

 

Survey Questions and Responses

 

1.  In the
present scenario, considering where the world is heading (WFH, extreme
digitisation, digital filings, client needs) and the role you perform at work,
how do you describe your personal digital skills?

 

 

 

2.  In the
role which you perform, how much time are you required to use digital skills?

 

 

3.  In terms
of awareness of where things are moving for accountants and digital
products/services available for CAs, how do you rate your DIGITAL AWARENESS?

 


 

4.  As part of
the digital journey, which of the following digital tools do you use?

     (Percentage
of participants using the tools)

 

 

5.  Considering
the present scenario, how effectively are your personnel operating under WFH in
the last several months?

 

 

6.  Keeping
the future in mind, what is the status of formal assessment of the current
state of digital maturity of your firm/practice?

 

 

 

 

 

7.  In order to gear up for the change, what
is/are you hindrance/s?
(Percentage of participants selecting each issue)

 

 

8.  Going
ahead, how important do you consider the digital skills and digital quotient in
GROWTH or even SURVIVAL of your practice?

 

 

9.  How often
do you consider upgrading digital capabilities and practices through SOFTWARE
and HARDWARE upgrades?

 

10. Going
ahead, at what capacity do you feel that your personnel can work from home?

 


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