# MyFirmsApp Publishes GDPR Guide for Accountants in Practice
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-06-28
Category: FINANCE
Category URL: https://financedigest.com/category/finance
Meta Title: Ultimate GDPR Compliance Guide for Accountancy Practices in
Meta Description: Learn how to comply with GDPR rules for accounting firms with MyFirmsApp. Get expert insights on data retention, data controller, data processor, and more.
URL: https://financedigest.com/myfirmsapp-publishes-gdpr-guide-for-accountants-in-practicehtml

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_Guide outlines what accountancy practices need to do to comply with new GDPR rules_

> **Darlington –** [MyFirmsApp](http://www.myfirmsapp.co.uk/), providers of the largest global custom App platform in the world for accountants in practice, has published a GDPR Guide for accounting firms. This‘pragmatic, look at GDPR’ summarises the new framework in the context of accountancy practices and looks at how the regulation will impact.

The 19-page guide examines key questions such as what personal data a practice typically holds with helpful advice on the rules for holding children’s personal data. It covers what the law now requires with regard to [data retention and addresses questions such as ‘What is a data controller?’, ‘What is a data processor?’ and ‘What is a data breach?’](https://www.financedigest.com/how-financial-organisations-can-stay-protected-from-financial-data-breaches.html "How Financial Organisations can Stay Protected from Financial Data Breaches ")

Any breach caused by human [error or lax security measures threatens the accountant client relationship and practices need to ensure they have the processes and technologies in place that will enable them to detect and respond to a data](https://www.financedigest.com/amazons-twitch-hit-by-data-breach-due-to-configuration-error.html "Amazon’s Twitch hit by data breach due to configuration error") breach.

The guide includes a helpful check list of actions so that practices can implement the [necessary systems](https://www.financedigest.com/french-president-macron-reaffirms-that-pensions-system-reform-is-necessary.html "French President Macron reaffirms that pensions system reform is necessary") and processes to meet GDPR requirements. The ‘Preparing Your Practice for GDPR’ guide can be downloaded from: [http://www.myfirmsapp.co.uk/docs/gdpr-guide-may-2018.pdf](http://www.myfirmsapp.co.uk/docs/gdpr-guide-may-2018.pdf)

“Over the last year, we been working closely with selected global law firms and advisors to find solutions to the GDPR [challenges faced](https://www.financedigest.com/how-to-overcome-the-current-challenges-facing-your-fintech-business.html "How to overcome the current challenges facing your fintech business") by our customers,” says Joel Oliver, CEO, MyFirmsApp.”

“We are confident that having the right practice App will help in the collection and verification of data, in gaining the necessary opt in permissions, in the sharing of [privacy policies and also in the storage and management of data](https://www.financedigest.com/how-to-navigate-multiple-data-privacy-regulatory-frameworks.html "How to navigate multiple data privacy regulatory frameworks"). GDPR presents an opportunity to revise existing privacy policies and achieve better organisation, improve data management and strengthen defences against data breaches and [cyber](https://www.financedigest.com/automated-cyber-risk-quantification-saving-the-insurance-industry.html "Automated Cyber Risk Quantification: Saving the Insurance Industry") risks.”

![gdpr 2018](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/gdpr-2018-1736840309492-compressed.jpg)


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