2020 provides innovative training and marketing solutions for progressive accountants and tax professionals worldwide. We recognise that firms need to constantly improve their client proposition including the use of new technologies to become ever more competitive and efficient.
We have over 1000 members and provide training and support to approximately 25% of all UK accountancy firms. Members receive support in areas such as GDPR, MTD and new technologies.
The EU General Data Protection Regulation (GDPR) is the biggest change to data protection law in the world since the late 90’s. The current laws have been overhauled and modernised. Businesses trading with the EU or handling EU citizens private data will need to comply with the GDPR by 25th May 2018. Businesses will be fully accountable for implementing a data governance policy and appropriate security mechanisms. Non-compliance can result in fines of up to €20 million or 4% of a company’s global annual turnover, whichever is greater.
The GDPR 12 Point checklist will allow you to prepare for the GDPR by documenting existing procedures, looking for areas to strengthen, and sharing the new policies with all employees. This checklist is included within our GDPR Action pack, provided to 2020 Premier Plus and Platinum Members. The pack is designed to help accountants understand the new regulations being enforced from the 25 May 2018 and to provide them with some tools to educate their clients and offer basic advice on data security and privacy.
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