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GDPR: How Accountants can prepare

The countdown is on. May 2018 will see the General Data Protection Regulation come into force. Although there are still grey areas there are steps accountancy firms need to do now to prepare.

We had a breakfast briefing last November on this very subject and expert Paul Laughlin shared his 4 step action plan for accountants: –

  1. Audit your data & processes (including 3rd parties & contracts)
  2. Identify and prioritise likely gaps (produce high-level plan)
  3. Change projects to include DPIAs & Privacy by Design (from now)
  4. Educate your whole business

You can read more about that briefing here and directly from Paul here. The main message is not to panic, but do set aside time to make plans.

What PracticeWEB are doing to support you

Here at PracticeWEB we have been busy making our own plans. As part of our GDPR journey we have recently become certified members of the Direct Marketing Association (DMA). This is a badge of accreditation that shows we operate under their guiding principles:

  • Respecting customers’ privacy
  • Being transparent, fair and honest throughout our business
  • Treating customers’ personal data with the utmost care and respect
  • Acting responsibly at all times and honour our accountability

These guidelines are very similar to the GDPR regulations.

This memberships also gives us access to the support of the DMA’s legal and compliance team to support us as we keep working towards GDPR compliance.

With this advice, our developers are working behind the scenes to make some changes to Landscape to keep the web platform compliant. Over the next few weeks we will be releasing a detailed guide with advice on these changes and how you can continue using our services.

Our friends over at MyCustomer have been putting together a series of helpful articles which you may find useful: –

In the meantime if you have any questions please get in touch with us.

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