as you prepare to put tax season 2023 in your rearview, one thing to strongly consider is getting out to a live event as they are back, they need you, and there are even some new ones to take in.
i’m fully aware that cpe alone is not the only draw or reason to leave the comfort of your office or home area. and as i’veexpoundedonbefore, accountants need each other in a live setting. the learning and interaction from a live event full of your colleagues is almost invaluable, but i get the reservations.
traveling to a live event, especially when we know full well that any necessary cpe can be garnered from your computer screen any time of year, may not seem worth the expense. but as the profession continues to evolve, it is hard to compare the return on investment from physically being among the experts, as well as those in your profession who have similar struggles, hopes and dreams as you do.
here is some truth, at least that i believe, accountants need to know: accountants in practice today, particularly firm owners, should be more afraid of venture capital entering the profession than ai or any like form of automation. a bold statement, i know but stay with me and see if you agree.
at the core of this viewpoint is how i believe the two will, respectively, impact the profession at large. the major difference, to me, is that one has the potential to help the profession move forward while the other could change its dynamic for the worse.
“your business does not have to control your life. when you choose control and proactivity and the way you serve your clients, you start to support your life.”
–john mitchell, creative director, rootworks
by seth fineberg
at large
in a q&a about what being a ‘modern’ firm means during adp’s recent digital accountant summit, john mitchell let loose this quote about control in your firm’s life. so what does that really mean?
certainly, accountants who work at or run small firms (which, as we know, encompass the vast majority of the public accounting profession) would like to feel like they have more of a say in what goes on in their professional lives versus it happening “to” them. but few are involved in any initiatives to do just that.
don’t ditch live events. we need human connection.
by seth fineberg
at large
“we didn’t realize how hard accountants party, and we had a difficult time keeping up. we’re also still recovering from the ‘socializing’ and contemplating having a recovery section at our next booth.”
after nearly three years of what many tax pros consider one of the longest tax seasons on record –- a.k.a. ‘marchternity’ –- one would think this season would be different.
to be sure, plenty of tax practitioners in late 2022 did indeed call the end of marchternity and look forward to some sense of normalcy, as much of what caused the extended tax season in the first place appears to have subsided. so, do tax pros expect this season to be different?
“we didn’t realize how hard accountants party and we had a difficult time keeping up. we’re also still recovering from the ‘socializing’ and contemplating having a recovery section at our next booth.”
this was just one of the many quotes from vendors who attended the quickbooks connect event in las vegas for the first time. it was not surprising to me; i’ve been attending qbc and other accounting events for over 20 years. but with live accounting events only really just “returning” this year, the idea of socializing with accountants took more of a spotlight. read more →
make no mistake about it: the face of accounting is changing.
accountants at work
by seth fineberg at large
many accountants today have lives that aren’t quite as sedentary as the career and personality an accounting professional may have once dictated. the old guard has been passing the torch to the new. technology has permeated every aspect of accounting work, and even the skillsets have evolved.
so, you think you know accountants? let’s start with the members of the canadian metal band ken mode (short for kill everything now mode). they’ve been a band for over 20 years, have toured, and produced multiple albums; nearly all are accounting professionals. the group’s founding members, brothers shane (drums) and jesse matthewson (guitars and lead vocals), as well as their newest member kathryn kerr (saxophone, synth, piano, percussion, backing vocals), are all accountants.
“what gets scheduled, gets done” is something i recently heard an accountant say. when it comes to feeling bogged down, there are no truer words in my opinion, but how many practitioners actually carve out time to just get unstuck?
through all of my years covering the profession, year in and year out the largest blocker for most firms (which happen to be of the smaller variety) is time. not just the construct, but actually using time in the best possible way, which is a practice that seems to elude most accountants.