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innovation & change management

thoughts on artificial intelligence from sage software’s kriti sharma

robot typing on desktop keyboardwhat role will ai play for your clients?

by kayleigh padar
from success to significance: the radical cpa guide

kriti sharma, vice president of ai and bots at sage, said this in response to the bot called digit:

more on radicalism: blockchain: the basics | what are ai and bots? | true diversity means creating equity | creating more diversity in accounting firm leadership | accodex sets up a platform for practice management | father, son team up to capitalize on capacity | dean quiambao: ‘if you’re not disrupting, you’re not doing it right’
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“as an industry, we need to be more careful about that. it’s not just moving money from one account to another. the second point i would say is design. it’s a very important element of this. we see people sometimes like to have more control.
read more →

pro member exclusive

snapstat: cpa exam rankings from utah to baruch

silhouette of graduates throwing caps into airnew stats on the cpa exam.

there must be something special in the water accounting students drink in utah and in new york. or so, some new statistics might suggest.

performance metrics indicate 95,654 candidates took the exam in 2017, of which 71,199 were new candidates, with 25,834 candidates passing their fourth section of the test.

in a new report,  the national association of state boards of accountancy reveals the jurisdictions with the highest pass rates and the universities with the most candidates sitting for a first-time section.

read more →

about us

cpas converge for #accountingshowny

new accounting & finance show launches.

by rick telberg

thousands of accountants and finance executives are gathering in new york this week for the inaugural launch of the new accounting & finance show produced by terrapinn holdings, which has completely revamped the meeting since acquiring it last year from flagg management.

since so many of the headline speakers are part of the 卡塔尔世界杯常规比赛时间 brain trust, the event offers a special opportunity to meet some of the profession’s most renowned commentators and experts – live and in-person.

see the 卡塔尔世界杯常规比赛时间 authors and experts headlining the new show

this year’s two-day event boasts more than 50 exhibitors, 150 speakers, and 100 hours of cpe, innovatively broken into short, 20-minute sessions.

the west coast version of the same event is scheduled two weeks later, july 25-26, at the los angeles convention center.

leadership

running on passion, or running on empty?

feinberg

‘passion is nice. but passion with positive cash flow is so much nicer.’

by andrea feinberg

hey, new business owner: congratulations on making a huge leap. your choice to risk it all (and i’d say a predictable income, resources and benefits are pretty huge to leave behind) takes enormous courage, persistence, and a plan. and, many would say it takes a strong devotion – some call it ‘passion’ – to the service or product you plan to deliver.

well, i have a suggestion and i hope you’ll take this personally (not a typo: i want you to take it personally because your business will be among the most personal relationships and responsibilities you’ll ever have.)

i’m going to suggest you shift your thinking: don’t start a business; solve a problem. unless your product or service can solve a specific problem (or, secondarily, expand on an opportunity) for a recognizable category of customer, you’ll never make a penny. read more →

pro member exclusive

the secret to making millennials more efficient

carrick
carrick

five good reasons to let them make their own hours.

by drew carrick

what i am about to say might cause you to break into absolute hysteria.  depending on whom you are,  you will either: share and embrace, or smear and critique. my intention is not to demand a change in the working world, but rather to stimulate a cultural conversation that can change the way we work.

employees should be able to make their own hours.

are you crazy, drew? nobody would ever work then!

well, while that may be your first thought, let me explain my thought process. read more →

pro member exclusive

accodex sets up a platform for practice management

portrait of chris hooper
hooper

the goal: admit new partners without bottlenecks.

by kayleigh padar

chris hooper, the ceo and managing partner of accodex, recently redesigned the firm’s business model to respond to clients’ changing accounting needs. the firm operates in four areas: the united states, the united kingdom, australia and the philippines. it is made up of over 50 employees.

more on radicalism: the persona: a closer look | happy tax: why you need to know its name | 3 challenges in shifting to product management | tips from a veteran product manager | productized 1099s the new vision way | karbon builds a practice management platform on steroids | why our clients need us to be radical | introducing the fifth radical tenet: the business model | dear midsized firms: yes, you can change
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

“i started with a small practice in 2011 in australia,” hooper said. “it was 100 percent cloud, fixed fee, global from the get-go. there wasn’t really a need to change those fundamentals.”
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pro member exclusive

happy tax: why you need to know its name

fixing the broken retail tax prep model.

by kayleigh padar

what if tax cpas charged labor for a platform and were not even a firm, but part of a franchise and technology play?

more on radicalism: product management: start with these 6 steps | father, son team up to capitalize on capacity | going deeper into product management | dean quiambao: ‘if you’re not disrupting, you’re not doing it right’ | josh zweig’s liveca offers new thinking from the ground up | how ‘agile’ applies to cpa firms
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this is the story of happy tax. and it is changing the nature of our business as we know it.
read more →

charts & graphs

survey: new tax law inflicts new pains on busy season practitioners

blame the clients.

by rick telberg
卡塔尔世界杯常规比赛时间

change and uncertainty are constants in the tax prep business, and this year’s busy season indicates no exception. this tended to be a good year, according to the annual 卡塔尔世界杯常规比赛时间 busy season barometer, with a majority of america’s cpas foreseeing a better than average busy season.

see more tax season 2018 coverage here

but 31 percent see themselves suffering a worse season. their definition of “worse,” however, swung between two opposites. mosty of it boiled down to clients – late, unprepared, annoying, questioning, fee-resisting clients. read more →

pro member exclusive

ready to move to the cloud? it takes planning

byron patrick will be appearing at the accounting & finance show. click here to learn more.
portrait of patrick byron
patrick

careful setup makes it easy to disable accounts when people leave.

by byron k. patrick

technology in the cloud has already shown its promise. many small businesses have already moved from having physical servers onsite to a “cloud-only” technology strategy. they’re experiencing significant gains in productivity and mobility. you may be wondering if that’s the right decision for your company.

see more accounting & finance show previews here

cloud technology works. in fact, the cloud is secure, flexible, mobile, affordable and dependable. but it’s not magic. it takes more planning and work than simply saying, “alexa, turn on the cloud-only tech strategy.”

here are some key points to consider… read more →

personal financial planning

financial planning and the new tax law

john napolitano will be appearing at the accounting & finance show. click here to learn more.
portrait of john napolitano
napolitano

c corp instead of s? paying down mortgages? so many questions.

by john p. napolitano
u.s. wealth management

the new tax act once again puts tax planning at the epicenter of financial planning. while most high-income taxpayers have always considered tax planning to be a core part of their financial plan and economic well-being, the tax cuts and jobs act makes a planning conversation between cpas and their clients even more natural than it already was.

see more accounting & finance show previews here

the biggest conversation piece for cpas with high-end or business-owner clients is the rate reduction for businesses. this discussion starts out with an assessment of whether this provision will apply to your clients. read more →

marketing & sales

changing the referral game

portrait of ryan suydam
suydam

solid strategies for activating promoters in 3 phases.

by ryan suydam
client savvy

many accountants agree: the best marketing is a delighted client telling others about the great service your firm provided.

more at 卡塔尔世界杯常规比赛时间 on: marketing, practice development, sales, growth strategies.

most accountants also agree: our professionals and project managers don’t do nearly enough to leverage potential referrals, even when we’ve earned them.

  • how can you change the referral game?
  • what prevents your seller/doers from asking for a referral?
  • why aren’t your best clients already telling everyone how great you are?

read more →

marketing & sales

10 reasons why partners don’t understand marketing

portrait of jeff mckay
mckay

but they need to.

jeff mckay
prudent pedal

one of my more popular and controversial blog posts is “why your marketer doesn’t understand your firm’s business.” the title alienates marketers before they get to the first sentence. it satisfies partners because it recognizes what they might think but would never say aloud.

more at 卡塔尔世界杯常规比赛时间 on: marketing, practice development, sales, growth strategies

not being one to avoid controversy or healthy debates, i thought it would make sense to share a marketer’s point of view about why “the line” lacks a grasp of marketing. my sincere and ambitious goal is to reconcile and build the collaborative power of both parties.

following are 10 reasons why practice leaders and partners don’t understand marketing.

read more →