Podcasts about accounting industry

Providing Salary Transparency to PractitionersIn this episode of the Accountant's Flight Plan Podcast, Dominic Piscopo shares with Brannon about his startup–Big4Transparency. This service provides accounting firms with data around salary compensation, breaking up the data by sector, geography, and position seniority. It is easy to use and accessible for firm owners who value their employees and want to compensate them fairly. They offer a tiered price model based on firm size and additionally offer recruitment services. To learn more, you can visit their website here: https://www.big4transparency.com/Dom is the founder of Big 4 Transparency, the largest crowdsourced database of accounting salaries on the market with over 18,000 rows of cleaned, standardized data. Big 4 Transparency is where 250,000+ accounting professionals go for high-quality salary data. Dom created this based on his own experience as a CPA working in tax at Deloitte and his frustrations with how difficult it was to find proper salary data - he's now built a business around it charging firms a subscription fee for access to in-depth analytics on this data set with quarterly updates, helping them set salaries without all the leg work of being involved in compensation surveys.Following Your Passions to Find BalanceBrannon and Dom discuss their shared experiences starting out their careers in Big 4 Firms. In Dom's experience working for a Big 4 before striking out on his own, he highlights the value of following all your disparate passions. He shares how his side business as a bartender and DJ for weddings led to cross-pollination with his tax work. With prospective clients meeting him through his side jobs and discovering the possibility of utilizing his tax services. The opportunity to find new and exciting opportunities outside of the traditional mold is important to keeping balance, as well as feeding your work-life balance. Connect with Dom: LinkedIn: https://www.linkedin.com/in/dopiscopo/Email: dom@big4transparency.com Big4Transparency: https://www.big4transparency.com/ Timestamps:00:47 - Introduction of Dominic Piscopo and his service: Big4Transparency8:30 - The Image Problem in the Accounting Industry 14:50 - How new technology provides an opportunity to add value17:22 - Balancing a side business as a DJ with a Big 4 job22:06 - Breakdown of how Big4Transparency works

Episode 247FACULTY: Principal Ron BakerCLASS: #TheGuideIn this episode, Scott is in the office again with Accounting High Principal Ron Baker to discuss the future of accounting and the shift towards the transformation economy. Ron outlines the evolution of economic eras and how firms can position themselves to offer superior value by focusing on transformations rather than just services. They also touch on examples from various industries, and discuss the potential of subscription models.

Episode 245 FACULTY: Alex Drost, CPA CLASS: #AccountingHigh Join us in this insightful episode of Accounting High as we sit down with Alex Drost, a consultant with a background in investment banking and business consulting, and a licensed CPA. Alex shares his unconventional path into the accounting world, discusses the current trends in the accounting and private equity (PE) industries, and offers invaluable advice for both young professionals and established firm owners. Don't miss out on understanding the seismic shifts happening in the industry and how you can be a part of it.

Episode 244 FACULTY: Matthew Cordes, EA and Adam Markowitz, EA CLASS: #AccountingHigh In this episode of Accounting High, Scott Scarano, EA invites the EA team for a discussion about the importance and impact of Enrolled Agents (EAs) in the tax and accounting world. Joined by EAs Adam Markowitz and Matthew Cordes, the conversation dives into their journeys, experiences, and the misconceptions surrounding EAs. The episode also features the premiere of a new OKR track “Smells Like EA's”.

Topics include:  BOI news  DC and profession update   Tax season and financial planning  Key technical updates     Speakers:   Mark Koziel, President and CEO, AICPA  Erik Asgeirsson, President and CEO, CPA.com  Mark Peterson, EVP, Advocacy  Lisa Simpson, VP, Firm Services, AICPA  Dan Snyder, Director, Personal Financial Planning, AICPA

In this episode, Brannon sits down with Ryan Pulice CPA, a (financial planner/accounting firm owner) to explore his unique journey of finding his niche, working with small businessbusiness owners, and real estate investors. Ryan's venture into accounting was almost accidental. After starting his college journey in computer science he found that it was not the path for him. At his father's suggestion, he started down the accounting route and–learning that it is the language of business–discovered a passion.Ryan consequently started his own accounting business and expanded by acquiring another CPA firm in 2019. He has since grown his firm by combining a love for real estate investment with a desire to provide the best services to clients. He offers insights on the benefits of owning your real estate and why aligning personal interests with your practice can enhance client relationships.Ryan and Brannon also discuss the critical need to bring new CPAs into the profession, strategies for creating a more accessible career path, and how technology—like AI—is reshaping the industry. If you are struggling to find your niche, looking for ways to marry your passion with your business, or advice on growing your business, this is an episode you don't want to miss! Tune in for book recommendations, a funny tax-return-turned-love story, and Ryan's thoughts on how mindset influences success in business and life.Timestamps:3:10 - How Ryan became a CPA 5:05 - The need for more accountants to enter the profession and the importance of making the profession more accessible8:43 - The opportunities AI presents to the accounting industry13:20 - How a tax return question ended in a marriage 15:42 - The real estate tax niche17:54 - Book recommendationsThe Prize: The Epic Quest for Oil, Money & Power by Daniel YerginEvolve Your Brain: The Science of Changing Your Mind by Sean Runnette, Joe Dispenza, et al.20:40 - Closing up–how to get in touch with RyanLink to Ryan's podcast, The CPA Zone: https://open.spotify.com/show/4jEOSgMImKdRp7wLWg5YOXThe Pulice Group: https://www.thepulicegroup.com/

Episode 242 FACULTY: Chase Birky, CPA, Tim Petrey, CPA, and Kenji Kuramoto CLASS: #AccountingHigh Join Scotty and the DPS (Destroying Pyramid Schemes) panel of influential accounting leaders—Kenji Kuramoto (Acuity Accounting), Chase Berkey (Dark Horse CPAs), and Tim Petri (HD Growth Partners)—as they discuss innovative approaches to transforming the traditional accounting pyramid scheme firm structure. They explore new business models aimed at improving firm culture and client service, and share personal experiences of breaking away from legacy practices to create more dynamic and sustainable working environments. This engaging conversation delves into the nuances of leadership, firm management, and the future of the accounting profession, making it a must-watch for anyone involved in the field.

In this episode of the Main Street Business Podcast, Mark J. Kohler tackles the top challenges facing accountants today, from the disconnect with business owners to the need to shift from compliance to advisory roles. Learn actionable strategies to elevate your practice and thrive in the evolving tax industry.Here are some of the highlights:Mark begins by acknowledging the frustration of business owners and practitioners in the accounting industry.The disconnect between business owners and accountants, leading to frustration and apathy.Mark outlines the five major pain points for accountants: not charging enough, lack of practical strategies, inconsistent income, etc.The importance of charging fair rates and creating a relationship that values time and expertise.Issues of training new employees and the constant need for retraining due to high turnover.A break down of all the features and benefits of being a Main Street Certified Tax AdvisorEncourages accountants to check out the program and take advantage of the resources available to them.Mark discusses the skepticism among accountants about the feasibility of advisory services. Grab my FREE Ultimate Tax Strategy Guide HERE! Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Looking to connect with a rock star law firm? KKOS is only a click away! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!

Episode 240 FACULTY: Calvin Harris Jr, CPA In this episode, Scotty interviews Calvin Harris Jr., the CEO of the New York Society of CPAs. Calvin shares his extensive career journey, his background, his love for music and tattoos, and his thoughts on the future of accounting amidst technological changes such as AI. Calvin passionately advocates for the CPA profession, emphasizing the opportunities it offers and its evolving nature with advancements in technology. Sit back and take notes on the state of the Accounting Profession.

From Accountant to CEO: Cory's Journey in M&A and LeadershipI'm thrilled to share some incredible insights from our latest podcast episode featuring Cory Gayman, the founder and CEO of JCG. Cory's journey in the tax and advisory space, particularly his experiences with mergers and acquisitions (M&A), is nothing short of inspiring. Here are some key takeaways that I believe will resonate with you, especially if you're an investment group or a growth-stage business owner.Key Lessons and Insights:The Real Work Begins Post-Acquisition:   Cory emphasizes that while the acquisition process is exciting, the real challenge lies in integrating new employees and clients. Building relationships and ensuring everyone buys into the new culture is crucial.Leadership and Culture:   Cory's leadership philosophy revolves around servant leadership. He believes in leading by example and fostering a positive workplace culture. His approach to leadership has evolved from doing everything himself to collaborating and supporting his team.Employee Development:   Investing in employee growth is a priority for Cory. He encourages further education and certifications, providing flexible work hours to accommodate studies. This not only empowers employees but also strengthens the firm.Navigating Challenges:   Managing cash flow during transitions and acquisitions can be tricky. Cory advises maintaining good relationships with banks and projecting needs accurately to navigate these periods smoothly.Capitalism and Entrepreneurship:   Cory is a strong advocate for capitalism and the entrepreneurial spirit. He believes in the freedom to control one's destiny and the importance of supporting local small businesses.Adapting to Change:   Embracing change and being open to new ideas and technologies is essential. Cory's firm was ahead of the curve in adopting cloud-based accounting software, which streamlined processes and improved client engagement.Building a Legacy:   For Cory, success is not just about financial growth but also about the positive impact on the community, employees, and clients. He values the stories and experiences shared by his team, which reflect the positive environment he strives to create.Curious to Learn More?Cory's journey is filled with valuable lessons on leadership, culture, and the intricacies of M&A. His insights are particularly relevant for those looking to grow their businesses and navigate the complexities of acquisitions.Tune in to the full episode to hear Cory's story and gain actionable advice that can help you in your own business journey. Trust me, you don't want to miss this!

Why has there been such an increase in private equity buyers acquiring accounting firms and what does this mean for the industry? In this episode of the Accountant's Flight Plan Podcast Brannon dives deeper into the subject and what it means for your firm with accounting practice intermediary, Laurens Ball and California market leader, Morry Brown. Laurens has been brokering deals on our team for five years now and Morry, a member of our sales team, has a background in outsourced CFO services and global investment banking with Goldman Sachs and Citigroup. In this episode, you will learn why private equity is here and how it could benefit the profession in the long run. Private equity has entered the accounting world primarily because they see the value that CPAs provide. With the staffing shortage in full swing, accounting and bookkeeping services are in high demand. This means that accountants have more pricing power than they realize. With the opportunity to raise prices and increase revenue, firm owners could increase topline revenue and cash flow creating more value in their firms.Buyers with private equity backing see this potential and want to capitalize on it. With the knowledge and experience to implement or streamline systems while consolidating multiple CPA firms, private equity buyers could optimize firms effectively. While this potential is exciting and comes with the opportunity for selling at progressively higher multiples, it is important for sellers to keep their vision top of mind. Whether selling to a private equity firm or not, finding the right fit buyer is key. Knowing what the buyer's vision is and how they hope to grow the firm after close is crucial to knowing whether or not the deal will be successful. Cluing into the non-monetary elements of an offer is vital to knowing whether or not it is the right one for you and your employees. Are you considering a private equity buyer or looking to learn more about how the current market increases your pricing power as a firm owner? Read our Private Equity Market Report to dive deeper into this topic and learn what questions you should ask when considering these types of deals: Private Equity M&A in the Accounting IndustryTime stamps:1:55 - Overview of where we are with Private Equity in the Accounting Industry3:36 - How do you know if a PE buyer is right for you?8:22 - Private equity's impact on pricing valuation10:50 - Will private equity increase top-line revenue?14:15 - Knowing the buyer's vision can indicate success31:59 - Market knowledge & the non-monetary elements of an offer35:00 - Wrap up and - book recommendations Brannon - To Be Loved - by Berry GordyMorry - Life - Keith RichardsLaurens - Shoe Dog - by Phil Knight 

Episode 226 FACULTY: Dominic Piscopo, CPA In this episode, Scotty chats with Domini Piscopo, the founder of Big4Transparency.com. Domini shares his journey from being a tax analyst at Deloitte to becoming an entrepreneur. He talks about the importance of transparency in the accounting profession, how his platform helps accountants understand salary expectations, and his future plans for Big4Transparency.

Ex-accountant-turned-mindset coach and psychotherapist Danii Nastov shares the importance of overcoming overwhelm in the accounting industry. Like any professional career, there is a certain expectation to be consistently “firing on all cylinders” when in reality, this is neither achievable nor sustainable. Nastov provides insight into her career as an accountant, the overwhelm, stress, and burnout she constantly experienced and how she eventually managed to pull herself out of this cycle. Nastov touches on where this “hustle culture” and expectation comes from, as well as how to recognise and deal with it while maintaining a strong and consistent work ethic.

This week we are joined Bryan and Alex the founders of Pursuited and we unpack the talent shortage in the accounting industry and how we might be able to tap into the talent pool. 

The Next Generation of Accountants #GenZ - Fintech Flo: Episode 34 (9/5/24)The pathway to becoming a CPA is different now with proposed modifications to the exam process and new developments in AI and technology that have changed the profession forever.  Are you a college student thinking about obtaining your CPA or considering working for an Accounting Firm?  Drew and Mike delve deeper into current Accounting Industry updates and what the profession is like today, as well as how it is going to change tomorrow. The role of industry professionals will be transforming, and the mission now is to showcase to the next generation how their job will be different.This episode and all FinTech Flo episodes are available for CPE credit over at FloQademy and on the Earmark app (links below!)Earn CPE credit while you watch, along with a bunch of other high quality, engaging, and entertaining CPE eligible video content for free as a member of FloQademy! https://learn.floqast.com/  or via the Earmark app! https://www.earmark.app/@fintechfloThere's lots you can do in your career with an accounting background - we're hiring! Learn more at www.floqast.com/careers Want to watch? Head over to www.youtube.com/floqast Produced by @FloQastStudioshttps://www.instagram.com/floqaststudios https://www.twitter.com/floqaststudios

Hector and Alicia discuss outsourcing in the accounting industry. They explore the economic implications, educational aspects, and potential benefits and drawbacks of outsourcing accounting work to other countries. The conversation evolves from discussing the immediate impacts of outsourcing to broader topics like educational reform and the need to prepare future generations for financial literacy and accounting careers. The hosts conclude by emphasizing the importance of passing on financial knowledge to younger generations and promoting U.S.-based accounting talent, while also sharing updates about their own educational initiatives in the accounting field.SponsorsClient Hub- https://uqb.promo/clienthubMelio - https://uqb.promo/melioThe Small Business Research Institute - https://uqb.promo/ceanow(00:00) - Introduction and Wheel of Rants (02:05) - Outsourcing in the Accounting Industry (03:33) - Nearshoring and Global Labor Markets (07:41) - Economic Impact and Data Security (14:31) - Transparency in Outsourcing (18:28) - Trust, Responsibility, and Industry Changes (21:47) - Education Systems and Workforce Skills (29:31) - Financial Education Initiatives (31:18) - Call to Action: Educating the Next Generation (33:16) - Economic Implications and Future Challenges (34:42) - Closing Thoughts and Personal Updates Send your Questions/Comments (we could read/answer them on air) ask@uqapodcast.comLinks/Apps Mentioned in this episode:Alicia's article on QuickBooks Expert Assisted Bookkeeping - https://royalwise.com/alicias-thoughts-about-qb-expert-assisted-bookkeeping/Hector's App - RightTool www.righttool.appAlicia's Training - RoyalWise http://royl.ws/uqapodcastAlicia's QBO Products, Services, and Inventory Course - http://royl.ws/qbo-InventoryQuickBooks Connect Conference www.quickbooksconnect.comQuickBooks Tricky Situations: http://royl.ws/QBOtricksNext-Level Accounting: http://royl.ws/NextLevelAccountingCheck out Alicia's step-by-step QBO Textbooks at http://www.questivaconsultants.comThe Comprehensive Guide to Converting from QuickBooks® Desktop (QBDT®) to QuickBooks® Online (QBO®) https://www.amazon.com/dp/B0D8L29Z5LQuickBooks Online: From Setup to Tax Time https://www.amazon.com/dp/B0CXZB1R95Sign up to Earmark to earn free CPE for listening to this podcasthttps://www.earmark.app/onboardingDownload the Earmark CPE AppApple: https://apps.apple.com/us/app/earmark-cpe/id1562599728Android: https://play.google.com/store/apps/details?id=com.earmarkcpe.app

Dan Nicholson is a serial entrepreneur, founder of Nth Degree CPAs, and author of the USA Today and WSJ best-selling book 'Rigging the Game'. He shares his approach to tax planning, lessons from endurance sports for business, and personality assessment of 'wealth types' in making financial decisions. Dan addresses the changing landscape of the accounting industry and the impact of AI.   Keywords: endurance sports, business, consistency, calculated risks, wealth types, tax planning, CPA, entrepreneur, accounting industry, AI, financial decisions, personal wealth     Chapters 00:00Introduction to Dan Nicholson 01:14Shared Experience of Participating in Half Ironman Triathlons 08:00Lessons from Endurance Sports: Consistency and Calculated Risks 12:15Understanding Your Wealth Type for Financial Decision Making 16:41Legal Strategies for Tax Planning: Following the Rules 21:19Building Relationships and Staying Up to Date in Tax and Accounting 26:18Curiosity and Adaptability in the Accounting Industry 30:36Job Hopping and Leveraging Resume 37:13Transitioning to Entrepreneurship 42:57Rigging the Game: A New Approach to Financial Decision-Making 45:32The Changing Landscape of the Accounting Industry 51:53The Impact of AI on Traditional Accounting Roles 56:48Making Better Financial Decisions for Personal Wealth   Dan's Book: https://www.riggingthegame.com

Today's guest, Seth Fineberg, a veteran in the accounting industry and founder of Accountants Forward, shares insights on how firm leaders can lead by example to move the profession forward. He discusses his career journey and current services, emphasizing the importance of instituting positive practices in the industry. Tune in to learn from Seth's wealth of experience and expertise in shaping the future of accounting. The listener will learn about the importance of firm leaders setting an example, addressing issues in the accounting profession, work-life balance, leadership, managing capacity, structuring business, pricing, diversity and inclusion, salary and compensation, transitioning to advisory services, communication, technology, and healthy debate for business growth. Overall, the episode highlighted work-life balance as a crucial factor in the success and well-being of firm leaders and accounting professionals.

“People are not black and white; they are nuanced, with different needs and communication styles. I really try to teach my managers and leaders that you have to learn how to communicate, not just say what you want and then move on. This is especially important in a remote environment.” -Cory Gayman  The finer details of this episode:Challenges and benefits of remote work in the accounting industryManaging a hybrid setupAdapting services for virtual workDelegation and communication in remote work environmentsFocusing on outcomes rather than inputsBuilding trust in remote employeesImpact of remote work on recruiting and retentionImportance of flexibility and work-life balance Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you'd like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe're hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitieshttps://jcgcpafirm.com/ Time stamps:Remote Work Challenges (00:00:24)Discussion on the challenges and future implications of remote work, especially in rural areas.Adapting Traditional Practices (00:01:02)Converting and updating traditional CPA practices into virtual setups and the challenges encountered.Transition to Virtual Processes (00:02:05)The process of transitioning traditional practices to virtual processes, including the challenges faced and the need for education.Employee Resistance to Change (00:04:23)The mixed response of employees to change, particularly in terms of adapting to remote work and new systems.Adapting Services for Virtual Work (00:06:12)Tweaking accounting services to fit the virtual work environment, challenges faced, and the importance of educating clients.Delegation and Team Growth (00:07:42)The significance of delegation in a firm, the need for skill development, and the impact on team growth and efficiency.Managing People and Communication (00:09:44)The importance of managing people effectively, investing in people management skills, and the role of communication in remote work environments.Trust and Communication in Remote Work (00:12:08)The challenges and importance of trust and communication in remote work setups, including strategies for effective communication.Balancing Remote Work Expectations (00:14:52)Discussion on time budgets, trust, and the need to focus on project outcomes rather than monitoring employees' every move.Remote Work Productivity and Trust (00:15:41)Challenges related to trust, productivity, and the shift from traditional office-based work to remote work environments.Maintaining Remote Work Culture (00:18:40)The struggle of some CPA firms in implementing remote work culture and the potential loss of employees due to resistance to remote work.The importance of remote relationships (00:18:57)Emphasizing the benefits of remote relationships for clients and employees, promoting efficiency and convenience.Leveraging remote culture for growth (00:20:06)Discussing the use of remote culture to grow the workforce and retain employees, focusing on seasonal preparers and concerns about loyalty.The value of human interaction (00:22:53)Highlighting the importance of human interaction in a remote work environment, sharing personal experiences and the need for connections.Promoting work-life balance (00:29:37)Encouraging flexibility for working parents, promoting a family-first culture, and prioritizing work-life balance.Transitioning to a stress-free environment (00:32:47)Emphasizing the need for a project-driven approach over hours, promoting a 32-hour workweek, and reducing stress in the workplace.The challenges of remote work (00:38:24)Discussion on the potential negative impact of long working hours and the challenges faced by new CPAs.Flexibility in work hours (00:40:09)The importance of flexibility in work hours and the appeal it holds for young professionals and experienced CPAs.Transitioning into retirement (00:42:52)The challenges and adjustments faced by CPAs transitioning from high-stress work to retirement, and the value of part-time opportunities for retired professionals.Reducing stress and extending careers (00:43:49)The importance of reducing stress in the accounting industry to extend careers and provide a soft landing for retiring professionals.Promoting work-life balance (00:45:59)The value of promoting a healthier work-life balance and reducing the emphasis on the number of working hours as a measure of value.Personal life and community involvement (00:47:15)Insight into the personal life and community involvement of a CPA, including family activities, involvement in local government, and community engagement.Firm's services and remote work opportunities (00:50:17)Information on the firm's services, including remote work opportunities, and the expansion of services to include tax advisory and business coaching.

“These aren't just numbers; numbers represent things that people care about, and when you start thinking about it that way, that's when you get clients who stay with you for life.” –Jeff BartschThe finer details of this episode:Importance of storytelling and communication skills in the accounting industryStrategic use of storytelling, empathy, and understanding deeper motivations of clients in the context of financial numbers and business strategyThe role of communication skills in human connection, client retention, team management, and business growthThe core outcome of storytelling as human connection and building trust Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.comCheck out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/Jeff Bartsch is the founding communication strategist at Story Greenlight, which empowers accounting advisors to attract and keep their ideal advisory clients.  With over 20 years of experience in the entertainment industry and client coaching, Jeff has helped shape content for clients including ABC, NBC, Disney, Apple, Netflix, and many others. Jeff has been recognized as a Top 30 thought leader in the accounting advisory world, and his commentary has been featured in publications including Accounting Today, the Associated Press, Time Magazine, and USA Today. He believes that the power of story is within reach of everyone, and that human connection is everything.Connect with Jeff at https://www.storygreenlight.com/moderncpa/Timestamps:Introduction (00:00:00)Welcoming listeners to the podcast and discussing the upcoming conversation with Jeff Bartsch. Demystifying Storytelling (00:00:22)The importance of storytelling in becoming a better communicator and advisor in the accounting industry. Jeff Bartsch's Background (00:02:00)Jeff Bartsch introduces himself, highlighting his background in communication strategy and thought leadership coaching, including his experience in Hollywood. The Power of Storytelling (00:03:49)Jeff Bartsch shares a personal experience about the transformative power of storytelling and its impact on human connection. Transition to Accounting Industry (00:05:51)Jeff Bartsch explains his transition from Hollywood to working with the accounting industry, emphasizing the importance of human connection and trust-building in the accounting profession. Strategic Communication and Storytelling (00:10:15)Discussion on the strategic level of storytelling, including the definition of a story and its impact on communication with clients. Virtual CFO Playbook Advertisement (00:13:08)An advertisement for a virtual CFO playbook, offering essential tools for creating and delivering scalable CFO services. Strategic Communication and Tough Questions (00:15:20)Exploring the role of strategic communication in asking tough questions and guiding clients through challenging financial situations. Empathy in Strategic Storytelling (00:16:55)Jeff Bartsch discusses the importance of empathy in strategic storytelling and understanding the deeper motivations of clients beyond just the numbers. The importance of strategic storytelling (00:20:28)Strategic storytelling as a crucial element in client advisory services, influencing clients' perceptions and willingness to pay. The experience of creating the movie (00:21:38)Drawing parallels between mastering tools in Hollywood and applying that to client advisory services to create a powerful experience. Adapting communication strategies in the digital age (00:23:19)Discussing the evolving role of digital platforms and technologies in communication strategies, and the importance of making tools invisible in client interactions. Maintaining the human element in the age of AI (00:26:27)Addressing the challenge of preserving the human element in client advisory services amidst technological advancements like AI. The power of asking great questions (00:27:48)Emphasizing the significance of asking powerful questions to uncover clients' true desires and needs, guiding them to find their own answers. Avoiding pitfalls in client communication (00:36:08)Identifying pitfalls, such as hammering on different problems and telling tactical stories for the wrong reasons and emphasizing the role of the advisor as a guide rather than self-promotion. Strategic Communication and Storytelling (00:40:18)Discussion on the use of storytelling in strategic communication and how it can guide strategic conversations in the accounting industry. De-escalating Client Situations (00:41:14)The importance of starting with common ground to de-escalate client situations and guide them towards a different plan. The Power of Storytelling and Neuroscience (00:42:23)Exploration of the brain's response to storytelling and the impact on contentious conversations, emphasizing the need to start from a common ground. Differentiating as an Advisor (00:43:27)The significance of building the skill of making connections with clients as a key differentiator for a good advisor. Jeff's Hollywood Experience (00:43:58)Jeff shares his experience of meeting Britney Spears in Hollywood and reflects on the impact of her celebrity status. Closing Remarks and Podcast Promotion (00:45:40)The conclusion of the conversation and promotion of the podcast for more tips and strategies in the accounting industry.

Whats stopping your growth? Here's a free Advisory scorecard to give you insights that will help you grow the advisory side of the business and create more time & capacity. It's free and only takes 4 minutes (access here)>>>>>Do you find it hard to say “No”?Are you ever doing extra work (for free) because you didn't push back?Or maybe you feel frustrated because people take advantage of your desire to do good work and help others?Or perhaps you're just sick of feeling like a doormat.Well take off your shoes and make yourself comfortable, because this week's episode of Professional Superheroes is all about Boundaries: How to make them, set them and make them.In this episode, Freddie covers:What boundaries areThe secret boundary golden rulesA foolproof way to know when you need to set stronger boundariesAnd how you can communicate boundaries better.If you want to grow your business and live your life on your terms, this is not to be missed.>>>>>Make it Count is hosted by Freddie Bennett: Guinness World Record holder, business coach, bestselling author, adventurer.......and he's on a mission to transform the Accounting Industry for good.Follow Freddie on Instagram here and on LinkedIn here. Hosted on Acast. See acast.com/privacy for more information.

Make it Count...for MORE! Dscover how you can go 10X in your Time, Impact and Revenue. Click here to take the 'Advisory 10X' scorecard. It's free and it only takes 4 minutes.>>>>>Want to revolutionise your business and help your clients at scale...?Then you're going to need some expertise, cutting edge data and a sprinkle of transformational AI...And that's why Brendan Roberts and his business, Aider, is using AI to transform accounting firms, and the lives and businesses of their clients.But Brendan's story is more compelling and insightful than anything computer-generated. A childhood in South Africa was followed by 10 years working with cutting-edge Telco companies in the UK, and then the opportunity arose to move to New Zealand and start a venture that would transform an industry.However, there was a pivot point in the business that caused Brendan to question everything, and would change his life forever.This breathtaking episode of Make it Count is packed with tales of making seemingly impossible decisions, taking bold risks, committing to a vision and dealing with rejection. If you want to discover how to create and profit from your own personal pivot point, then this episode is not to be missed.You can discover more about Aider and sign up here, and connect with Brendan on LinkedIn here.>>>>>The Professional Superheroes mastermind is now OPEN! This is where Freddie works with you to develop the knowledge, habits and mindset to get unstuck, unshackled and unleashed at work and at home. Discover more and apply here: https://professionalsuperheroes.com/>>>>>Make it Count is hosted by Freddie Bennett: Guinness World Record holder, business coach, bestselling author, adventurer.......and he's on a mission to transform the Accounting Industry for good.Follow Freddie on Instagram here and on LinkedIn here. Hosted on Acast. See acast.com/privacy for more information.

Want to discover how you can go 10X in your Time, Impact and Revenue? Click here to take the scorecard. It's free and it only takes 4 minutes.>>>>>>>>This episode is for anyone who feels overwhelmed and short on capacity…Or maybe you just feel like you haven't got enough hours in the day…Or you always feel like you're letting other people steal your time.It's time to take back control, and use this framework to immediately reclaim between 3 - 10 hours of your time every week.We are going to go vampire hunting.Discover how to slay the 'Time vampires' who come into you world, sink their fangs into you, and suck your time, focus and concentration.This is a gamechanger who anyone who wants to 10X their time and capacity. But be warned, things might get scary...>>>>>The Professional Superheroes mastermind is now OPEN! This is where Freddie works with you to develop the knowledge, habits and mindset to get unstuck, unshackled and unleashed at work and at home. Discover more and apply here: https://professionalsuperheroes.com/>>>>>Make it Count is hosted by Freddie Bennett: Guinness World Record holder, business coach, bestselling author, adventurer.......and he's on a mission to transform the Accounting Industry for good.Follow Freddie on Instagram here and on LinkedIn here.Freddie is the Managing Director of CONQUER group. He delivers 'Advisory Acceleration' to professional services firms in the UK, Australia and New Zealand, giving them the knowledge, tools, mindset and habits to generate more advisory revenue every single month, plus the create resource capacity to actually deliver the work Hosted on Acast. See acast.com/privacy for more information.

The finer details of this episode:Evolution of accounting software and early career experiencesImportance of embracing change and innovation in the industryLeveraging technology to streamline accounting processesChallenges and opportunities in early career development Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you'd like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe're hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitieshttps://www.finoptimal.com/https://www.linkedin.com/in/jesserubenfeld/https://www.linkedin.com/in/tom-zehentner-cpa-a0591b5b/If you love this conversation, don't miss Hannah and Joey on the FinOptimal podcast, Another Not Another Accounting Podcast: https://podcasts.apple.com/us/podcast/ep-77-young-cpas/id1734624758?i=1000653170191 Timestamps:The wild west of the internet (00:00:22)Discussion about the early internet era, LimeWire, and the evolution of music downloading. Evolution of internet and social media (00:03:03)Recollection of early internet trends and social media references, including the YouTube evolution of dance video and internet games. Initial experiences with computer games (00:04:08)Nostalgic conversation about classic computer games like Civilization and Age of Empires. Transition to accounting and QuickBooks (00:05:14)Discussion about the unexpected transition to accounting over the internet and QuickBooks online. Adapting to change in accounting (00:07:26)Reflections on the need for a mindset of continuous improvement and embracing change in the accounting industry. Challenges and rebellion in early career (00:09:18)The defiance and challenges faced in early career stages and the development of confidence to pursue a better way. Challenges in traditional accounting firms (00:10:07)The limitations of traditional accounting firms in embracing new approaches and the unique situation of starting a career at a startup. The role of an architect in accounting (00:13:25)The discussion about the architectural role in making accounting more efficient and the rewarding nature of creative problem-solving. Founding of FinOptimal (00:15:39)The backstory and founding of FinOptimal, including the challenges and evolution of QuickBooks online. Transition to QuickBooks online (00:16:39)Discussion about the transition from QuickBooks desktop to QuickBooks online and the limitations faced in the past. Software automation in accounting (00:17:06)The secret to success being software that automates accounting processes and the decision to go with QuickBooks online. Technology and Business Growth (00:17:28)Discussion about the development of technology to improve efficiency and competitiveness in the accounting industry. Challenges in Accounting Software (00:18:21)Exploration of the challenges and changes in accounting software, including user-friendliness and adaptability to different generations. Building Automation Tools (00:20:22)The process of building automation tools and the importance of understanding accounting nuances for effective tool development. Empowering Young Accountants (00:21:30)Advice and experiences shared to empower young accountants to drive change and innovation in their roles. Risk-taking and Entrepreneurial Spirit (00:23:45)Discussion on the entrepreneurial mindset, risk-taking, and the need for experience in driving improvements and automation in accounting processes. Generational Perspectives on Technology (00:27:56)Exploration of generational perspectives on technology, feedback loops, and the impact of social media on business feedback. Collaboration and Innovation (00:32:30)The importance of collaboration between different generations and skill sets in driving innovation and experimentation in accounting technology. Coding and College (00:35:35)Discussion about coding and the value of learning it in high school and college. Excel and Coding (00:37:37)Comparison between accounting and coding, and the potential for accountants to transition into coding. College Curriculum (00:40:15)Discussion about the relevance of college curriculum to practical accounting work and suggestions for improving it. Communication and Analogies (00:45:14)Importance of communication skills and the use of analogies in effective conversations. Proud Facts (00:48:32)Sharing personal achievements and hobbies, including playing an original song for Billy Joel and cooking. Barbecue Debate (00:51:01)Debate about the quality of Brooklyn brisket compared to Texas brisket. Pizza Making (00:52:30)Discussion about making pizza dough and sauces from scratch using an outdoor pizza oven. Learning to Cook and Culinary Adventures (00:52:40)The guests discuss their experiences with cooking and culinary interests, including attending culinary school and future plans for a restaurant. Appreciation for Taylor Swift (00:54:05)The conversation shifts to a discussion about the love for Taylor Swift's music and the impact of her storytelling through songs. College Football and Rivalries (00:55:15)The guests share their experiences and affiliations with different college football teams, discussing rivalries and game environments. Promoting New Podcast and Farewell (00:56:43)The guests promote their new podcast, share information about their company, and express gratitude for the opportunity to be on the show.

The Professional Superheroes mastermind is now OPEN! This is where Freddie works with you to develop the knowledge, habits and mindset to get unstuck, unshackled and unleashed at work and at home. Discover more and apply here: https://professionalsuperheroes.com/.>>>>>How do you start a business from scratch, with zero clients, and turn it into a huge success story?The secret is to play to your advantage and hustle hard...which is exactly what Peter Harris did.Peter is the co-founder of Maisey Harris & Co, a groundbreaking Accounting firm in New Zealand. Alongside co-founder Nathan Maisey, Peter wanted to create a purpose-driven business that did things differently.This episode of Make it Count is insightful, heartfelt and packed full of knowledge for anybody who wants to grow through purpose, passion...and being picky about the people you choose to work with!The true wisdom in Peter's story is about taking courageous steps forward and the power of taking small & continuous steps in the right direction. Finally, when it comes to living a life that's true to yourself, there is no other option but to put pedal to the metal.You can connect with Peter at Maisey Harris & Co here and connect with him on LinkedIn here.>>>>>Make it Count is hosted by Freddie Bennett: Guinness World Record holder, business coach, bestselling author, adventurer.......and he's on a mission to transform the Accounting Industry for good.Follow Freddie on Instagram here and on LinkedIn here. Hosted on Acast. See acast.com/privacy for more information.

Larry Autrey is the CEO & Managing Partner of Whitley Penn. He has more than 30 years of tax, advisory and business valuation experience focused on public and private clients. His areas of practice include mergers and acquisitions, manufacturing, distribution, profit enhancement, professional services, business valuations, and estate planning.In this episode, we discuss:- How AI and Blockchain are changing the Accounting industry- How future accountants can remain valuable in this new future- the impact of PE on firm valuationsLinks:Whitley PennLarry on LinkedInTopics:(00:00:00) - Intro(00:01:24) - Thoughts on the state of the world(00:18:07) - Inquiry into the influence of early life experiences on career choices.(00:36:35) - Growth rates and defining moments in the firm's history.(00:42:02) - Strategies for dealing with an aging population within the firm and sustainability.(00:44:16) - Private Equity and valuations(00:48:00) - The future of the accounting profession.(00:50:45) - The impact of blockchain and AI on the industry(00:57:44) - The mindset of younger generations regarding career progression and firm loyalty

Today we're examining the intriguing intersection between private equity and public accounting. We explore the impact that private equity may have on the landscape of accounting firms, particularly in the context of our increasingly virtual world.As accounting firms continue to evolve, the allure of private equity investment grows stronger. We discuss the reasons behind this attraction and how it shapes the strategies and operations of accounting practices. However, it's not all sunshine and rainbows. We also tackle the potential downsides of private equity involvement, shedding light on the challenges and considerations that come with such partnerships.In addition to exploring the broader industry trends, we zoom in on the intricacies of hiring within the accounting field. Navigating the challenges of recruitment in an ever-changing landscape requires a keen understanding of market dynamics and the ability to adapt to shifting demands. We share insights and strategies for effectively building and maintaining top-tier teams.Furthermore, we dive into the crucial aspect of valuation and the myriad opportunities it presents for accounting firms. We unpack the various valuation methodologies and offer practical advice on how firms can capitalize on their strengths to maximize their worth. Tune in now to gain a deeper understanding of the fascinating dynamics shaping the future of accounting!What you'll hear in this episode:[0:40] Exploring the impact of private equity on public accounting[2:40] The evolution of accounting firms in a virtual world[4:00] The attraction of private equity to the accounting industry[8:20] The potential downsides of private equity involvement[8:55] Navigating the challenges of hiring in the accounting industry[13:20] Valuation and opportunities for accounting firmsConnect with Kelly https://www.linkedin.com/in/kellyrohrs/Connect with Bilal https://www.linkedin.com/in/bmehanna/

In episode 011 of the Kiln.RoadTrip, created and produced by The Swell Pod, hosts Spencer McKeown and Josh Taylor interview Dave Olsen, CEO of Nimbl and Nimbl Staffing, who shares his entrepreneurial journey and vision for revolutionizing the accounting industry. Olsen discusses his Canadian roots, his move to Utah, and how his company provides fractional accounting services with a focus on technology and fixed fee models for better efficiency and client experience. The episode touches on the challenges of team building and the importance of a shared vision. About Dave Olsen: I am the Founder & CEO of Nimbl and Nimbl Staffing. After stints as a programmer and Big 4 auditor, I worked as a contract CFO for startups, including a venture capital fund. In 2018 I hired my first US employee and have grown to about 100 team members providing fractional accounting, tax, and finance services to small businesses (Nimbl) and placing full-time Philippines-based bookkeeping and admin staff with US companies (Nimbl Staffing). About Nimbl & Nimbl Staffing: Nimbl provides a fractional accounting, finance, and tax department for small businesses. Nimbl Staffing places full-time bookkeepers and other administrative people from the Philippines with North American companies. trustnimbl.com Follow Dave Olsen & Nimbl: https://www.linkedin.com/in/daverolsen/ https://www.linkedin.com/company/trustnimbl/ https://www.linkedin.com/company/nimbl-staffing Bullets: Introduction of the Kiln Road Trip and its hosts, Josh Taylor and McEwan Interview with Dave Olsen, founder and CEO of Nimbl and Nimbl Staffing Dave's background and upbringing on a farm in southern Alberta, Canada Dave's passion for growth and progression in business and personal life Nimbl's focus on providing fractional accounting services for small businesses Use of technology and fixed fee model to drive efficiency and better client experience Challenges of building and managing a team Vision to change the accounting industry and create a movement towards value pricing and subscription models Timestamps: The Kiln Road Trip (00:00:02) Introduction to the podcast episode and the Kiln Road Trip journey. Interview with Dave Olsen (00:00:53) Introduction and background of Dave Olsen, founder and CEO of Nimbl and Nimbl Staffing. Dave Olsen's Background and Motivation (00:01:37) Dave Olsen's background, personal motivation for growth, and progression. Nimble's Services and Vision (00:02:25) Overview of Nimbl's fractional accounting services, vision, and mission. Unique Approach and Technology (00:03:13) Nimbl's unique approach focusing on people experience, technology, and use of a fixed fee model. Evolution of Dave Olsen's Business (00:05:03) Evolution of Dave Olsen's business from a solo operator to building a team and the challenges faced. Providing a Great Experience for the Team (00:06:13) Discussion on providing a great experience for the team and aligning personal and company goals. Balancing Capacity and Growth (00:07:54) Challenges and strategies related to balancing capacity with people and growth with clients. Vision for the Future (00:08:34) Dave Olsen's vision to change the accounting industry and revenue targets for the future. Challenges in the Accounting Industry (00:09:05) Discussion on the pain points experienced by the accounting industry and the need for change. Impact on the Industry and Collaborative Efforts (00:10:08) Efforts to impact the accounting industry and collaborative efforts with peers to drive change. Fixed Cost Model and Industry Trends (00:12:58) Comparison of Nimble's fixed cost model with traditional CPA firms and industry trends. Incentivizing Work Distribution (00:13:46) Incentives and strategies to spread work out over the year and avoid extreme workloads. Creating a Movement and Building a Business (00:14:58) Insights on creating a movement, building a business, and balancing personal and professional life. Overcoming Challenges (00:19:45) Speakers discuss the challenges and confidence needed to pursue goals and the importance of finding the right people to support the vision. #SwellPod, #KilnRoadTrip, #Kiln, #MotorraCamperVans, #podcast, #interview, #innovation, #resilience, #communitybuilding, #passion, #purpose, #community, #diversity, #collaboration, #thoughtleadership, #slc, #saltlakecity, #daveolsen, #nimbl, #nimblstaffing, #finance, #taxservices, #fractionalaccounting, #entrepreneurship

Join me in a conversation about the world of specialization with Catherine Tindall, founder of Dominion Enterprise Services.  Catherine's area of expertise lies within her ability to craft precise credit and income tax planning strategies, particularly focused on the Employee Retention Credit (ERC).  In this episode, Catherine shares her rationale for choosing to specialize in ERC, including where her practice will head in a post-ERC world.  Together, we dive deep into the complex history of ERC, the future for professionals assisting in ERC, and the importance of understanding eligibility determinations for practitioners venturing into this specialty.

The 2024 Accountant Bracket Challenge ABC Tournament Nomination period closes March 9, 2024 Enroll today at ABC.accountinghigh.com Season 5 Episode 23 FACULTY: Meghan Blair  CLASS: #TheGuide In this episode, Scott engages in a conversation with Meghan Blair, the former owner of Fogged In Bookkeeping. The episode covers Meghan's journey in the accounting world, her early adoption of remote work, the impact of COVID on her business, the decision to sell the firm, her experience with GrowthLab, and the unique perspective of neurodivergence in leadership. Shout Outs: GrowthLab, Karbon Chapters: 00:00:00 Intro 00:13:30 Introduction 00:19:09 Why Meghan Does Accounting 00:24:22 Being Remote Before Everyone Else 00:27:49 Working Remotely in the 2010s 00:30:11 When COVID Hit 00:39:13 Selling the Firm 00:40:23 Growth Lab 00:45:52 Neorodivergencey and Leadership 00:50:23 Post-Sale Sabbatical 00:57:15 Going Back to School 00:59:59 Neurodivergence 01:07:10 Visionary not Integrator and Compatibility 01:14:31 Harvard and Parting Advice Tags: Burnout, Neurodivergence, Leadership, Entrepreneurship, Accounting Industry, Bookkeeping, Business Exit, Work-Life Balance, Self-Care, Career Change, Career Journey, Business Growth, Business Operations, Remote Work, Working Mothers, Diversity & Inclusion, Higher Education, Mental Health, Self-Worth, Personal Growth --- Send in a voice message: https://podcasters.spotify.com/pod/show/accountinghigh/message

The '2024 NAB Accounting and Financial Planning Report' revealed that 85% of surveyed Accounting Firms are “offering business strategy”, emphasising the growing importance of Advisory Services in the Accounting Industry. While the report highlights the significant role of ‘Advisory Services', it prompts a crucial question: Is your Accountancy/Bookkeeping Firm prepared to ‘DELIVER BUSINESS ADVISORY SERVICES IN 2024'?

Understanding your business financials goes beyond bookkeeping: it's about making informed strategic decisions that support your professional and personal goals. In this episode, CEO Danielle Hayden examines what it truly means for owners to manage their business and “know your numbers.” Challenging the misconception that business owners need a team of experts to reach their goals, the knowledge shared in this episode will empower CEOs to take charge of their business with confidence and clarity. Tune in now to transform your business financials!   Key Takeaways: Understand the role of business owners and CEOs in financial management, beyond just “knowing your numbers.” The accounting industry's dirty little secret: By taking control of the numbers and asking the right questions, anyone can make informed, strategic decisions about their business. Aligning business goals with financial strategies is essential for growth and success.   Topics Discussed: The Role of Business Owners in Financial Management (0:59) The Dirty Secret of the Accounting Industry (3:04) A Client's Transformation: Jenna's Business Story (4:41) This Week's Homework: The First Step to Taking Charge of Your Financials (9:33)   For help with business and personal goals and more, visit: https://kickstartaccountinginc.com/get-started/   Connect with Kickstart Accounting Inc.: Instagram | https://www.instagram.com/Kickstartaccounting YouTube | https://www.youtube.com/channel/UC7T_NMMpY1u7bnBrNptEYkA Facebook | https://www.facebook.com/kickstartaccountinginc

Understanding your business financials goes beyond bookkeeping: it's about making informed strategic decisions that support your professional and personal goals. In this episode, CEO Danielle Hayden examines what it truly means for owners to manage their business and “know your numbers.” Challenging the misconception that business owners need a team of experts to reach their goals, the knowledge shared in this episode will empower CEOs to take charge of their business with confidence and clarity. Tune in now to transform your business financials!   Key Takeaways: Understand the role of business owners and CEOs in financial management, beyond just “knowing your numbers.” The accounting industry's dirty little secret: By taking control of the numbers and asking the right questions, anyone can make informed, strategic decisions about their business. Aligning business goals with financial strategies is essential for growth and success.   Topics Discussed: The Role of Business Owners in Financial Management (0:59) The Dirty Secret of the Accounting Industry (3:04) A Client's Transformation: Jenna's Business Story (4:41) This Week's Homework: The First Step to Taking Charge of Your Financials (9:33)   For help with business and personal goals and more, visit: https://kickstartaccountinginc.com/get-started/   Connect with Kickstart Accounting Inc.: Instagram | https://www.instagram.com/Kickstartaccounting YouTube | https://www.youtube.com/channel/UC7T_NMMpY1u7bnBrNptEYkA Facebook | https://www.facebook.com/kickstartaccountinginc

Today I'm speaking with Tyler Caskey, Partner at The Bean Counters In this episode, we talk about . . . Accounting industry trends in 2024  Crafting accounting stories for clients, marketing and career coaching. AI, Automation & ChatGPT in accounting.  Remote work trends and virtual teams in the accounting industry.  Pay raises, career progression, and work-from-home impact.  The role of accountants in strategic business planning and advisory Trends in practice management software for accounting firms.  This episode is kindly sponsored by Employment Hero: The All in One HR, Payroll & Benefits Platform  https://employmenthero.com/ Translucent The Multi-Entity Accounting solution  https://www.translucent.io/  Technology Mentioned Account-Kit https://www.account-kit.com/  AirWallex https://www.airwallex.com/au  Dashboard Insights https://dashboardinsights.com/  Employment Hero https://employmenthero.com/  FYI Docs : https://fyi.app/  Handisoft : https://www.theaccessgroup.com/en-au/products/handisoft/  KarbonHQ https://karbonhq.com/  XBert https://www.xbert.io/  Xero Practice Manager https://www.xero.com/au/xero-practice-manager/  Weel https://letsweel.com/   Contact details: Tyler Caskey: https://www.linkedin.com/in/tylercaskey/ The Bean Counters: https://www.thebeancounters.com.au/  "The Accounting Podcast," Blake Oliver's interview with Ben Richmond, the Country Manager of Xero USA https://www.youtube.com/watch?v=NqSYir84htg   Weel Natalie Lennon https://www.linkedin.com/in/natalielennon/  Accounting Apps newsletter: http://HeatherSmithAU.COM Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind  LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/  YouTube Channel: https://www.youtube.com/ANISEConsulting  X: https://twitter.com/HeatherSmithAU

A collection of interviews from TOA Global clients, staff, and partners, including a special interview with the emcee Kat Davidson, who shares some tips on public speaking. Relive your time at TOACon ‘23, or get a taste for what happened. Today I'm bringing you interviews from the TOA Global Transformational conference held at the Sheraton Mirage on the Gold Coast early November 23. I had the pleasure of attending the conference, courtesy of the hospitable TOA Global team. TOA Global specialising in providing outsourcing solutions for accounting firms. In this collection of interviews you'll hear from TOA Global clients, staff, and partners. Even if you are not currently contemplating outsourcing, there is a lot of interesting content in this podcast, including a special interview with the emcee Kat Davidson, who shares some tips on public speaking.    Keep your finger on the pulse of the ever-evolving world of Accounting Technology. Subscribe to the Accounting Apps newsletter at HeatherSmithAU.COM.   My friend and the CEO of TOA Global Nick Sinclair likes to run his conferences unconventionally! The audience is typically people from the Accounting Industry but interestingly the content is not accounting specific. Further to this, there's no published agenda, so you remain curious about what will happen next! We listened to strategies for building high performance culture, body biohacking, growing sustainable businesses, systemising businesses and as you'd expect there was a dash of  motivational speakers. If this intrigues you TOACON 2024 will be at the Shangri-La Boracay 30 June - 2 July 2024.   Daniel Shaw - DFK Benjamin King Money    James Bamford - Paytron   Mark Jenkins - The Gap   Kelly Segat - TOA Global   Aly Garret - All in Advisory   Kat Davidson - Comedian, MC, Corporate Entertainer, Keynote Speaker   Geoff Gartly - Gartly Advisory   Vicki Birch - Intuit   Carl Brooks - ProSpend  (Used to be called ExpenseManager)   Carolyn O'Brien - Class   Ben Gill - LightYear Docs   Vicky Shah - Accountancy Insurance   The TOA Global team kindly hosted me to attend the conference.     This episode was sponsored by Translucent, the multi-entity accounting solution. Subscribe to the Accounting Apps newsletter here http://HeatherSmithAU.COM Connect with me on LinkedIn here: https://www.linkedin.com/in/heathersmithau/

On this episode, I chat with Jason Blumer, one of the Top 100 Most Influential People in Accounting (Accounting Today) about the current state of the accounting industry.  Jason is the founder of Thirveal, CEO of Blumer & Associates, and co-host of 2 podcasts: Thrivecast and The Businessology Show.  He shares how he grew his cloud-based accounting firm over the past 20 years and why he became an advisor in the industry.

Join us as we chat with Bob Lewis from the Visionary Group, an industry veteran with 27 years of experience and plenty of fascinating insights to share. Surprisingly, pickleball and Cornhole aren't the only games picking up pace; accounting is too, with earnings even surpassing some medical professions!The staffing shortage and the capacity problems in the accounting sector are real, but what if we told you there's a silver lining? A crisis can often be the birthplace of innovation. In this episode, we dissect the impact of limited personnel on capacity mix and how firms are getting creative. The old guard is gradually passing the baton with over 50% of CPAs being over 50, and the dynamic field of mergers and acquisitions is stepping into the spotlight. Brace for a deep dive into strategies firms are employing to navigate these changes and harness the potential of our evolving industry.Lastly, it's time to gear up for the future of advisory services. With the accounting industry landscape shifting, we explore the impact of private equity investments, the rise of outsourcing, and the transformation to more profitable service lines. We also discuss how firms are responding to the varying needs of clients, the comparison between corporation and partnership models, and the disruption in the M&A market. Tune in for an episode jam-packed with insights, trends, and opportunities that will reshape your perspective on the accounting industry.

Ingrid Edstrom is the Chief Empowerment Officer at the award winning consulting firm, Priestess Of Profits, LLC. She is a Woodard Certified Business Coach, a certified Positive Intelligence Mental Fitness Coach, and a certified Offers and Needs Market Facilitator. She has been recognized as one of the accounting profession's Top 40 Under 40, Most Powerful Women in Accounting, a Top 100 ProAdvisor, and the 2017 Top "Up-N-Comer" ProAdvisor. Ingrid is the leader of the Empower Your Passion mastermind group for accountants through the RoundtableLabs community, a member of the Intuit Trainer/Writer Network, board treasurer of the Post Growth Institute, and a founder of the Accounting Alchemy Network. When Ingrid is not teaching & consulting, she is usually playing Irish music or frolicking with her goats. Additionally, I'll be donating to and raising awareness for the charity or organization of my guest's choice with each episode now. This episode, the organization is called the Post Growth Institute. Any and all donations make a difference! You can connect with Ingrid on: Website LinkedIn Priestess of Profits Website Accounting Alchemy Network YouTube Channel for Priestess of Profits YouTube Channel for Accounting Alchemy Network To connect with me: Interested in working with me as your coach? Book a complimentary 15 minute call here. LinkedIn Instagram Website Subscribe to my weekly newsletter YouTube Please leave a review for this podcast on Apple Podcasts!   Resources/People Mentioned: Man's Search for Meaning - Viktor E. Frankl Daring Greatly - Brené Brown Atlas of the Heart - Brené Brown Sacred Economics - Charles Eisenstein Quiet - Susan Cain The Art of Money - Bari Tessler The Soul of Money - Lynne Twist Dr. Joe Dispenza Post Growth Institute Positive Intelligence - Coaching

Linda Dehn, Teacher and Principal at Our Savior Lutheran School in Fenton, MO, joins Andy for our Set Apart to Serve Series to talk about how the Lord brought her to the Lutheran church, her journey into church work as a second-career Lutheran teacher, how her family supported this decision, the colloquy process she went through, and her advice for others considering second-career church work. Visit lcms.org/sas to learn more about Set Apart to Serve. Learn more about the Set Apart to Serve Initiative at lcms.org/setaparttoserve. Christ's church will continue until He returns, and that church will continue to need church workers. Set Apart to Serve (SAS) is an initiative of the LCMS to recruit church workers. Together, we pray for workers for the Kingdom of God and encourage children to consider church work vocations. Here are three easy ways you can participate in SAS: 1. Pray with your children for God to provide church workers. 2. Talk to your children about becoming church workers. 3. Thank God for the people who work in your congregation. To learn more about Set Apart to Serve, visit lcms.org/set-apart-to-serve.

In this episode of the Million Dollar Mastermind podcast, Host Larry Weidel is joined by Sharon Lechter, Co-Founder and CEO at Pay Your Family First. In their discussion, Sharon shares her experience as one of the few women in her accounting classes, and sheds light on the challenges and triumphs of breaking gender barriers in the accounting industry. She explains the importance of being in control of her career progression, the significance of financial education, and the power of income-producing assets.

We partner with CFO-services firms and CPA firms that want to focus on the advisory angle. We don't necessarily want to provide advisory services, but we want to give our partners a strong foundation of bookkeeping and accounting. We're focused on using automation to improve the accounting system, and that helps our partners, the CFO-services firms and the outsource CPAs, that are really the advisors to their clients. But you have to have the bookkeeping and the accounting there in order to provide the advisory piece. We want to be the wind beneath their wings.” - Jesse RubenfeldThe finer details of this episode: Accounting workflows: automation assisted vs. automation Outsourcing accounting tasks to increase efficiencySoftware tools that help with automation Episode resources:Summit CPA website – summitcpa.netIf you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.comFinOptimal | Homepage

It's quite exciting that a conference brand running in multiple overseas countries, UK, Spain and Canada has brought a conference to Australia. I hope one day to attend Spain's Accountex conference - we all know accounting is an International language, an accounting conference in a foreign language sounds like it would really push me out of my comfort zone!   I delivered three sessions at Accountex. Ethan Cooney of Ignition said the most popular session at the conference was the panel discussion on Explore Atomic Habits I led at the GoCardless Buzz Labs. Thank you very much Emily Shurey from the Marketing team at GoCardless who made that possible, and everyone who attended the session.   In this podcast I speak with:   Alex Cumberland Agency Partner Manager at Oncord Digital Marketing Software Jeremy Rowe General Manager Innovation of the CACatalyst team at CAANZ Rob Cameron CEO at FYI the Document management and process automation solution, purpose-built for accountants. Guy Pearson CEO at Ignition online proposals, automated billing and payment collection solution for professional services businesses. Melissa Lewis Business Development Manager SwiftFox CRM a CRM for accountants and financial service firms Dyean Moodley Digital Account Executive at a little firm called Microsoft. And from the bookkeeping world Nicole RED Lynch Co-founder Streamline Management Myreeann Tchopourian Managing Director Chisholm Business Services Pty Limited Tamara-Lee Beveridge BAS & ASIC Agent Bizcore 360  Julianna Nagy Founder of Horizon Accounts   Can I encourage you to stay informed by subscribing to the Cloud Stories podcast and the Accounting Apps newsletter.   Hi, I hope you found the interviews from Accountex informative and edutaining!    The two day Sydney Accountex conference was a great opportunity to catch up and spend time with members of the Accounting and Bookkeeping community and with familiar and a few new Accounting App vendors.   Initially I was asked to be a media partner, but I'm an accountant, and I felt a bit uncomfortable with that. The organisers established a content crew, which I instead asked to join and actively participated in. I was listed on the website as being part of the content crew, but am no longer listed there - I am not sure why.  During the early stages, the content crew were extensively involved with encouraging new speakers to pitch their ideas, reviewing speaker submissions, and highlighting which sessions we thought would resonate with the accounting and bookkeeping community. I'm focused on improving and nurturing the Accounting and Bookkeeping profession and community, and it was good to be part of the initial content development.   I was gratefully allocated a podcasting slot for the last session on the last day, in a cute podcast caravan, but my bad, I got confused with the calendar timings, and missed it completely.   I'm normally quite busy at conferences, and I hustled up a few more opportunities, as well as the interviews you just listened to, I delivered three fun and engaging sessions.    With the Fathom team I coordinated a brilliant panel discussion “How being purpose-driven and customer centric can help attract clients and retain top talent” on the main stage.   I delivered a panel discussion on Explore Atomic Habits at the GoCardless Buzz Labs with Michele Grisdale, Amar Latif and Dan Osbourne.    Also at the GoCardless Buzz Labs Nick Sinclair Founder - Humanverse Group (TOA Global & AB² Institute) and I discussed “Current Industry Trends and How Accountants and Bookkeepers can Optimise them.”    I plan to release the sessions recorded at the GoCardless Buzz Labs on the Cloud Stories podcast soon.   I'd also like to mention that Emily Shurey from the GoCardless team has a sparkly side gig. She supplies me with my Biodegradable & Eco Friendly Glitter follow her on insta at glitterazzi.me. If you need extra glitter in your life, and let's face it, who doesn't? You should source Biodegradable & Eco Friendly Glitter. Generally available glitter is a plastic core and polyester PET film and when it breaks down, releases chemicals that are harmful to humans and animals and it contributes to the growth of microplastic in the marine environment. Unexpected environmental message in an accounting technology podcast!!   I had a full access ticket, which conveniently gave me access to an ample variety of food & beverages, a really fun dance party overlooking the Sydney Harbour on the last evening.   The CACatalyst team from Chartered Accountants ran a pitch night, on the first night. One of the contestants was Empiraa, a gamified yet simplified business planning software, that helps you set business goals and an actionable plan on how to achieve them. I've met with the founder Ash Brown and he and the team at Empiraa have joined me as a strategic partner, supporting me to support the community.   I also had the opportunity to meet up and reconnect with a lot of brilliant people in the Accounting Industry, including Caroline Hobden, Portfolio Director at Accountex in the UK and Europe and she invited me to come and speak in the UK. Well maybe not this year, cause I shall be attending Amanda Aguillard's Accounting Salon in Florida, but I've pencilled it in 2024. How exciting.   More could be said about Sydney Accountex, but for me I used my positive energy to make the most of the event.    I hope you enjoyed this podcast. Can I encourage you to stay informed by subscribing to the Cloud Stories podcast and the Accounting Apps newsletter which you can find at HeatherSmith AU dot com.    

In this episode, Damien and Penny discuss the impact of tax season on their workload, with the bookkeeping team being busier than usual. They stress the importance of vetting potential clients before taking them on, including reviewing their website and understanding their specific needs. This helps them provide tailor-made services that meet each other client's unique requirements.Today's conversation highlights the benefits of cloud-based accounting software over desktop software for controlling data flow and improving timeliness. They share different perspectives on accounting practices and client relationships, one person talks about trying to convince a client to switch to cloud-based accounting while another discusses helping a coach with tax returns. Tune in as Damien and Penny to learn valuable insights into running a successful accounting firm during tax season and beyond, making it a must-listen for all business owners looking for expert advice on building an intentional business![00:01 - 01:32] Opening SegmentDamien and Penny discuss accounting and bookkeeping for firms and businessesTax season and increased demand for bookkeeping servicesImportance of vetting potential clients before taking them onThe benefits of cloud-based accounting software over desktop software[01:33 - 14:00] Accountants Find Happiness And Value In Client Accounting ServicesHelping a coach with his tax return, fixing mistakes due to lack of informationSmall businesses have complex transactions that cannot be fully automatedChecking accounting firms' websites and reviews should be part of client selection criteriaMaintaining apps and tracking transactions can improve client relationships and security[14:01 - 16:32] Unlocking Valuable Relationships And Opportunities In The Accounting IndustryDemand for client advisory and accounting services is increasingPayroll was the starting point for unlocking relationships with clientsRegular interaction with clients leads to more value-add opportunitiesBookkeeping and accounting firms are crucial for success in client accounting services[16:33 - 30:16] Closing SegmentDamien and Penny to listeners that new ideas and pitching to prospective clients can reinvigorate accountantsTweetable Quotes“We have to deal with the fact that we can see how things aren't load leveling, at least when a client is really good with cast and the data is flowing through, I mean, it is just easy to work.” - Penny Breslin“The accountants working in those cast divisions, I think are having much more enjoyable professional roles where they're working with interesting clients on interesting problems, the bookkeeping's getting done. But actually, where they add real value is helping the clients on that advice side.” – Damien Greathead--------------------------------------------------------------------Thank you for listening, please like and share this episode with a friend!Websites: https://moneypennyllc.com/LinkedIn: https://www.linkedin.com/in/damiengreathead/Twitter: @Damien_GHLinkedIn: https://www.linkedin.com/in/penny-breslin-0228b81/Twitter:

Interested in accounting careers and companies, but not sure what types of opportunities and exciting developments are there? Or, just want to know a little about accounting in general? We got you covered! Employers takeover our mic to give you all the details on what you may want to know about how much the accounting industry has changed and innovated, and what type of great career options are available for Kelley students! Want to contact FORVIS and Grant Thornton directly to network and learn more about their career opportunities? Contact Emily Rivest at emily.rivest@forvis.com and Julia Rubenstein at julia.rubenstein@us.gt.com!

May 31, 2022 Sean Taylor, managing partner of Smith & Howard, sat down with Invest:Insights to discuss how having a young culture within his firm helps to drive innovation and creative thinking. He touched upon how this young culture is reflective of the current state of the accounting industry, as well as how he sees the industry reimagining itself in new ways to address lingering challenges like the labor shortage.

Feeling intimidated by taxes or bookkeeping? It doesn't have to be scary! Our guest Emily Bryant knows the ins and outs of bookkeeping and the uniqueness of selling on TPT. Emily has been in the Tax and Accounting Industry for 10 years and started her company, All About Accounting, in 2017. She is packed with knowledge and advice that can help you optimize your tax strategy and business bookkeeping. The best part? Her business works EXCLUSIVELY with the TPT Community! In this episode, you will learn: the difference between a CPA and an enrolled agent what bookkeeping is and why it's important how bookkeeping can impact your taxes best practices for separating personal and business transactions new law updates regarding the 1099-K form and how it affects TPT sellers (beginning in the tax year 2023) Resources and Links Follow Emily on Instagram at @allaboutacctg >> Tax Readiness Hot Sheet for Teacher Sellers

On Episode 89 of The Unique CPA, Randy chats with Dominique Molina, President of the American Institute of Certified Tax Planners. Dominique talks about her early days as a CPA, and how she thought opening her own practice would eliminate a lot of the negatives associated with working in the accounting profession. She realized, however, that a few more steps were necessary—with the key being control over one's own business and time. She discusses how accounting firms can achieve this, as well as delving into the Certified Tax Planner license and its utility in demonstrating that you are an expert at saving your clients money. Get the full show notes and more resources at TheUniqueCPA.com

In today's podcast I want to talk about the collapse of FTX and the potential implications for the accounting industry and the big 4.  make sure to subscribe to our youtube channel http://www.youtube.com/c/TheBig4AccountingFirms Check out our interview course.  https://big-4-accounting-firms.teachable.com/p/big-4-interview To subscribe to our podcast on itunes make sure to visit the following link. https://itunes.apple.com/us/podcast/the-big-4-accounting-firms-podcast/id1089822233?mt=2 Check out our books on amazon Big 4 Interviews questions https://www.amazon.com/dp/B06XK9VZYF Big 4 Accounting Firms Recruiting guide https://www.amazon.com/dp/B01N4BUP0N Follow us on social media at https://www.linkedin.com/company/big4accountingfirms https://twitter.com/top4accounting https://www.facebook.com/thebig4accountingfirms/  

Giles Brake, CEO of Alliott Global Alliance, an international alliance of independent professional firms, shares insights on the global state of owner-managed accounting firms. The war for talent continues, firms are turning away business, succession planning is a priority, and innovations are taking hold. The post The Global State of the Accounting Industry with Giles Brake of Alliott Global Alliance appeared first on Rattle and Pedal.

Giles Brake, CEO of Alliott Global Alliance, an international alliance of independent professional firms, shares insights on the global state of owner-managed accounting firms. The war for talent continues, firms are turning away business, succession planning is a priority, and innovations are taking hold. The post The global state of the accounting industry with Giles Brake of Alliott Global Alliance appeared first on Rattle and Pedal.