survey: are scanners out of date?
few firms use only personal scanners.
by randy johnston and brian tankersley
the accounting firm operations and technology survey
featured
survey: worries for small business clients
40% of accountants see trouble ahead.
by 卡塔尔世界杯常规比赛时间 research
卡塔尔世界杯常规比赛时间-avalara business confidence index
five reasons you’re not swot-ready
the tool works. but you need the prerequisites.
by steven e. sacks
the new fundamentals
cpa firms that seek to position themselves for the future must be brutally honest and self-aware. they might normally start with a top-down or bottom-up analysis of their operations. one tool that has been around forever is the swot analysis.
more: who needs another meeting? | 4 questions for cpa firm boards | are you productive or just busy? | the five big rules for powerpoint presentations | how aging boomers impact the accounting profession | accounting is a profession, not an industry
exclusively for pro members. log in here or 2022世界杯足球排名 today.
swot stands for strengths, weaknesses, opportunities and threats. there are benefits to this tool because it serves as a motivator to examine a situation (e.g., operational, cultural, financial), assess core competencies and capabilities, identify the need to (and key drivers of) change and enable – if conducted correctly – an organizational cross-section of input and insight.
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your firm needs a cas champion
are your clients happy? have you told your staff?
by hitendra patil
client accounting services: the definitive success guide
unless you become the “cas champion” or make someone accountable to be one, your cas practice will not take off the starting blocks.
more: lower your costs by 75% with cas | how cas drives virtual cfo billings | the roi on identifying clients for cas | what clients need now, more than ever | how to launch cas in eight steps | survey: why some firms fall behind in cas | how to lead clients into client accounting services
and the single biggest initial challenge for the cas champ is how to communicate the value of cas to the firm’s future fortune to every stakeholder – be it partners, staff, clients or prospects. for this post, i will assume that your cas champ absolutely “gets it.”
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busy season forecast: more chaos
ironically, the chaos translates into expanded business.
by 卡塔尔世界杯常规比赛时间 research
it was a pretty bad busy season for most of the nation’s tax preparers. covid-19 was on the wane, but congress was on the job, jiggering tax rules even as the season was underway.
and, now, with the prospects of a federal government shutdown and a multi-trillion-dollar spending bill, 2022 is shaping up to be deja vu all over again.
more in surveys & research: pop quiz: can you find $330,000 for your clients? | automation without accountants | survey: your favorite desktop pc | remote work is here to stay | cpa firms reject staff vaccine mandates | salt: the small business disaster waiting to happen |
to be sure, a good number of accountants are assuaged by more clients and more revenue. but the 卡塔尔世界杯常规比赛时间 business barometer finds preparers experiencing a long, tough slog.
in all, 53 percent say they had a busy season somewhat worse (27 percent) or much worse (26 percent) than last year.
for some, it seems like a good time to call it quits. “thank you for all the love and support,” says one firm’s auto-responder to incoming emails.
“as some of you may know, this past few tax seasons have been nothing short of chaotic, to say the least,” the three-office, north carolina tax shop tells callers. “but i have enjoyed being able to assist each and every one of my clients.”
survey: drake takes the cake in tax apps
top seven tax software platforms rated and reviewed.
by 卡塔尔世界杯常规比赛时间
who needs another meeting?
better question: why?
by steven e. sacks
the new fundamentals
when in doubt, call a meeting. jeez! how many hours in the u.s. are cumulatively wasted on a daily basis with meetings?
more: 4 questions for cpa firm boards | are you productive or just busy? | the five big rules for powerpoint presentations | how aging boomers impact the accounting profession | accounting is a profession, not an industry
are they really necessary?
10 more reasons cpas quit public accounting
bosses are part of the problem.
by ed mendlowitz
call me before you do anything: the art of accounting
as i have written about cpas who leave public accounting, there has been widespread interest. there is a lot more to say so i’ll address many of those questions.
more: family trees of clients | preparing for the worst (thanks to my wife) | the 10 best movie accountants | why accountants quit | why cpas should stay in public accounting | when cpas leave to work for a client | when siblings battle over the family business | readers rip: ‘she wanted her shoebox back’
general comment
generally speaking, many bosses do not listen to staff concerns. at many firms, there is a lack of serious mentoring and little help for staff people in managing their careers. in many practices, there is an appearance of a lack of growth, or if there is growth, then staff people are often left behind. in most instances, these problems are exacerbated by staff people not being clear about what they want. they are hesitant to speak up, share their concerns with their bosses or venture beyond their comfort zone. both are culpable, but i place greater blame on the bosses, who should know better.
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grading your managing partner
bonus: the 21-point managing partner evaluation form.
by marc rosenberg
the role of the managing partner
“a rabbi whose community does not disagree with him is really not a rabbi, and a rabbi who fears his community is not really a man.” – rabbi israel salanter, museum of the diaspora, tel aviv
more: why firms conduct performance evaluations of partners | the 14 trends crushing today’s accountants | 44 hard-earned tips from new managing partners | how to enforce the partner agreement | the 9 biggest merger pitfalls | 10 ways to hold partners accountable
everyone needs feedback. unfortunately, many people in all walks of life, in both personal and business settings, avoid feedback because they don’t want to deal with the reality of the messages.
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make today “day one” of your new business
how to get out of a rut.
by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor
question: my practice seems to be in a rut.
more: why does all work take so long? | don’t like checklists? find a new job. | the secret recipe for staff retention | help! key staffer refuses to supervise people | get more done by saying no | don’t fire that staffer! | employee demands a raise she doesn’t deserve
we are not growing, our services haven’t changed and our client turnover is almost nonexistent. any suggestions of what we can do?
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four ways to leverage your referral network
how to get the best clients.
by anthony glomski and russ alan prince
your $5-million high-net-worth practice
most professionals, including accountants, get most of their client referrals from satisfied clients. the complication is that if you want to work with wealthier clients, the likely best way to source them is from other professionals they are currently engaging.
more: high-net-worth business development in four steps | 16 questions to set your practice goals | conviction + process + expertise = your next $5 million
if you aim to work with the ultrawealthy and even the super-rich, be aware that as you move up the wealth hierarchy, they are less and less inclined to refer you to other people. it is something of a catch-22. in general, the better you are, the more the very wealthy are disinclined to share. that is, they are less likely to refer you to their financial peers. also, if you are maximizing your wealthy client relationships, there is hesitancy by these clients to make referrals because of a strong preference for extreme confidentiality (if not secrecy).
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lower your costs by 75% with cas
… and benefit your clients at the same time.
by hitendra patil
the definitive success guide to client accounting services
in the desktop days, write-up, bookkeeping and accounting processes were perceived more as data entry work. the price clients were willing to pay for data entry put so much pressure on fees that many firms found it was not worth the hassle.
more: your top six cas questions | cas drives up demand for virtual cfos | turn client wants into needs | a job description for client accounting services | why cas is great for revenue growth | cas: finding the why behind the why
other services such as tax preparation, financial statements preparation, etc. brought in higher per-hour dollars than write-up, bookkeeping and accounting work could. such work got more and more “outsourced” by accounting firms to bookkeeping firms, freelancer bookkeepers and “processing” firms operated by non-cpas/non-accountants.
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survey: zoom tops teams for now
… but teams made huge gains over just one year.
by randy johnston and brian tankersley
the accounting firm operations and technology survey