Podcast appearances and mentions of anders cpas advisors

As businesses emerge from tax season, many ask: How can I maximize profits and minimize taxes for next year? John Scott, an Anders CPAs + Advisors partner, sits down to enlighten us. John has been working with Anders since 1992, leading the firm's legal industry efforts for the Virtual CFO team. He effectively uses key performance metrics to offer dedicated resources, financial insight, and critical thinking to help law firms address complex issues. John is on a mission to help his clients understand what's going to happen based on current data. How does he achieve this? By accessing financial records and reconciling cash flows on a weekly basis… In this episode, we cover: How to make data-driven decisions. How to stay in sync with your cash flow curve. Ways to determine your “working capital”, and how to build cash reserves. Key factors that every business owner should know. To learn more about John and his work with Anders CPAs + Advisors, click here now! Episode also available on Apple Podcasts: http://apple.co/30PvU9

Creative Agency Success Show (Episode 144): “A maturity model isn't a report card, it's about understanding where your decision-making capabilities are.” - Jamie NauIn this episode of The Creative Agency Success Show, Jamie Nau and Jody Grunden pull back the curtain on how small business owners can move from just getting by to truly thriving. They've spent the last eight months crafting a maturity model designed to help you assess where your business stands in five key areas: cash management, forecasting, profitability, sales outlook, and financial reporting. But here's the thing—it's not about being perfect. It's about having a clear path forward.Imagine being able to make decisions with confidence, knowing you're moving in the right direction. That's the power of understanding where your business currently stands and what small but impactful steps you can take next.So, what's your next move? Tune in now and start building a business that works for you—not the other way around.▶️ What's a Maturity Model Anyway?Find more podcast episodes on our website: http://www.summitcpa.net/podcasts Episode resources:●       Summit Virtual CFO by Anders website: https://www.summitcpa.net/ ●       Love our content? Sign up for our newsletter: https://www.summitcpa.net/summit-news. ●       Digital Dollars and Cents: A Virtual CFO's Playbook to help Digital Companies Create a Financial Roadmap to Success, is now an audiobook! Download it here: https://vcfo.summitcpa.net/ddc   _________________________________________________________________________________________The Creative Agency Success Show helps service-based business owners master the financial side of growth. Hosted by Jamie Nau, Virtual CFO, and Jody Grunden, Partner at Anders CPAs + Advisors, the podcast dives into essential financial strategies for scaling creative agencies. With insights from industry experts and real-world experiences, episodes explore topics like cash flow management, forecasting, and financial maturity models. Backed by Summit Virtual CFO Services by Anders, this bi-weekly show provides actionable guidance for business owners navigating financial complexity. Join the conversation to build a stronger, more financially successful agency.Website: https://the-virtual-cpa-success-show-for-creative-agencies.simplecast.com/   Facebook: https://www.facebook.com/vcfobyanders   Linkedin: https://www.linkedin.com/company/vcfobyanders/  Instagram: https://www.instagram.com/vcfobyanders  YouTube: https://www.youtube.com/@vcfobyanders   X: https://x.com/vcfobyanders ________________________________________________________________________________________Jamie Nau, Summit Virtual CFO, is a seasoned financial expert with a deep understanding of business growth sta

Many firms find themselves delivering outsourced accounting but struggling to break into true advisory work. In this episode of The Modern CPA Success Show, Amy Bridges, Senior Manager of CAS Professional Services at CPA.com, shares how firms like yours can build a thriving CAS practice that's scalable, efficient, and impactful.Amy's journey into the world of CAS is anything but ordinary. With a background in mathematics, software, and education, she brings a unique perspective to how firms can leverage technology and structured methodologies to optimize their services. At CPA.com, she has played a pivotal role in shaping the CAS landscape, helping firms implement frameworks that streamline their offerings and improve client outcomes.Tune in now to hear actionable strategies and learn how CPA.com is shaping the future of Client Advisory Services!▶️ How CPA.com Revolutionized CAS with Amy BridgesEpisode 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.com ● Check out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/QuotesAmy Bridges - “Initially, we focused on cloud-based accounting, but CAS has evolved significantly. Now, CPA.com is helping firms transition from basic bookkeeping to proactive, valuable advisory services.”Tom Wadelton: "The educational tools provided by CPA.com ensure firms can deliver consistent advisory services, reducing confusion and enhancing client satisfaction."_________________________________________________________________________________________Amy Bridges is a seasoned professional in practice development, curriculum design, and client advocacy within the accounting industry. As a Senior Manager of Practice Development at CPA.com, she plays a pivotal role in shaping educational programs that empower CPAs for the digital age. With expertise in assessment, learning strategy, and client training, she leads the development of the Client Advisory Services (CAS) Roadmap Workshop. Her passion for innovation and strategic enablement has been instrumental in revolutionizing CAS at CPA.com.Website: https://www.cpa.com/   Facebook: https://www.facebook.com/CPAdotcom Youtube: https://www.youtube.com/user/CPA2BizVideo  LinkedIn: https://www.linkedin.com/in/amylynnbridges/ https://www.linkedin.com/company/cpa-com/  X: https://x.com/cpacom _________________________________________________________________________________________The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. Hosted bi-weekly by Tom Wadelton, Virtual CFO, and Adam Hale, Partner at Anders CPAs + Advisors, this podcast leverages their combined expertise in delivering top-tier Virtual CFO services across North America. Each episode features in-depth conversations with industry-leading e

Imagine a world where sorting through stacks of invoices and summarizing financial reports is no longer a tedious task, but one accomplished quickly and accurately by AI. This picture is becoming increasingly a reality driven by technological advancements, private equity investments in CPA firms, and a shrinking talent pipeline. David Hartley, Partner-in-Charge of Advisory at Anders CPAs + Advisors, discusses AI adoption challenges and how technology is reshaping the industry known for its conservative nature and resistance to change. How can accounting firms successfully navigate this shift?

Episode 228 FACULTY: Adam Hale, CPA CLASS: #Shoperations TITLE: $10M Model Cloud Accounting Firm, Beyond the Summit In this episode of Accounting High, join the host and guest Adam Hale from Summit CPAs as they dive into the transformation from traditional accounting to advisory services. Adam discusses the journey of creating a successful model cloud accounting firm, emphasizing the shift from answering questions to asking them, the importance of building a niche, and the challenges of merging with a larger firm like Anders. He shares valuable insights on developing advisory services, maintaining culture in a distributed team, and growing a business by learning from failures. Whether you're starting out in the accounting field or looking to innovate within your firm, this episode offers practical advice and inspiration.

In this insightful episode of our podcast, we're excited to host Jody Grunden, a renowned accounting visionary and co-founder of the innovative Summit CPA Group, now known as Summit Virtual CFO by Anders. With over two decades of experience, Jody brings a wealth of knowledge in financial management, particularly for service-based companies.Join us as Jody delves into the critical aspects of financial management, including effective strategies for cash flow management, the importance of Key Performance Indicators (KPIs), and the art of forecasting in service-based businesses. This episode is a deep dive into how understanding and leveraging these financial tools can propel a business's growth and stability.Takeaways:Jody's Journey: From founding Summit CPA Group to merging with Anders CPAs + Advisors and becoming a leading provider of Virtual CFO Services.The Financial Four: Jody discusses the four most important financial metrics for growing your business.Industry-Specific Metrics: Learn how to use industry metrics to foster growth and become a thought leader in your field.Virtual CFO Services: Exploring the benefits and processes of managing finances remotely for service-based companies.KPIs and Cash Flow: Jody shares insights on tracking key metrics for maintaining a healthy financial pipeline.Building a Successful Remote Team: Jody talks about cultivating a strong culture within a distributed team and the impacts on business success.Future-Focused Forecasting: How forecasting can play a pivotal role in business strategy and decision-making.Become a supporter of this podcast: https://www.spreaker.com/podcast/brews-business--5630487/support.

­­­­­­­­­­­­­­­Today, we welcome John Scott, Partner at Anders CPAs + Advisors and author of Judicial Dollars and Cents – A Virtual CFO's Playbook to Help Firms Create a Financial Roadmap to Success. John discusses his three decades of experience advising law firms of all sizes with Brett and Jeff. They discuss a variety of topics, including maximizing profits, cash flow management, and strategic KPI utilization.   John also shares insights on Virtual CFO services, utilizing a cutting-edge tech stack, the path to partnership, and the importance of making data-driven decisions. Stay tuned for invaluable advice on optimizing your law firm's financial journey.Streaming on  YouTube, Spotify, Amazon Music, and Apple Podcasts. We are also in the top ten percent of listened-to podcasts globally.

On this show, Heather Satterley speaks to David Hartley of Anders CPAs + Advisors about the evolving role of technology in the accounting industry and the importance of innovation for young professionals.  Read David's articled called, "Top 10 Reasons Today is the Best Day Ever to be a Young CPA" About David Hartley: Dave is the partner-in-charge of advisory at Anders with over three decades of experience serving both public and privately-held businesses, showcasing his unique blend of technological expertise and CPA proficiency. With a background in C-suite leadership and consulting, he specializes in helping middle-market businesses grow while focusing on innovation and technology. Dave's cumulative experience, gained across a variety of roles in multiple industries, allows him to contribute to building the CPA firm of the future at Anders. In this capacity, he steers the advisory practice, orchestrating its strategic direction and propelling growth. As a former CIO, his experience enables him to find innovative technology uses to make businesses more successful. His insights are featured on LinkedIn, at industry conferences and in popular publications. By sharing his thought leadership across numerous platforms, Dave empowers fellow CPAs to revolutionize their firms, seamlessly integrate technology and adopt novel business paradigms. Thank you to our show sponsor! Rightworks — All your accounting apps, unified in the cloud Learn more about the show and our sponsors at Woodard.com/podcast

Are you ready to reframe your law firm's accounting experience and elevate your practice? In this episode, John Scott, CPA, AEP, joins us to discuss his understanding of the financial and accounting issues that law firms face today – and his unique approach to overcoming them… John is the Head of Legal VCFO at Summit Virtual CFO by Anders and a Partner in Tax at Anders CPAS + Advisors. He has worked with Anders since the early 90s and has grown with the company to help clients achieve their goals while focusing on what matters most: reaching their highest potential. In this conversation, we discuss:  The importance of making data-driven decisions.  How to break free from poor business practices.  The pros and cons of charging fixed fees.  How to maximize income and cash flow with standardized practices.  To learn more about John and his work with Anders, click here now! Take advantage of a 5% discount on Ekster accessories by using the code FINDINGGENIUS. Enhance your style and functionality with premium accessories. Visit bit.ly/3uiVX9R to explore latest collection. Episode also available on Apple Podcast: http://apple.co/30PvU9C

Join us as we talk with John Scott, a seasoned CPA and partner at Anders CPAs + Advisors, a dynamic full-service firm renowned for its expertise in maximizing profits and minimizing taxes. With a wealth of knowledge and experience in the business and CPA realm, John shares invaluable insights to help business owners thrive, retain more of their hard-earned money, and achieve their highest potential. Tune in to learn: What percentage of your expected annual revenue should be for working capital, which is primarily cash The three tiers of services offered by Anders CPAs + Advisors The benefits of maximizing your pension plan The importance of building a business with legacy in mind, creating a valuable asset that can be passed on and perpetuated by others Tips on tax planning, tax minimization, and other financial tactics to safeguard and enhance your bottom line Don't miss out on this invaluable episode—press play now and unlock the keys to financial success. Visit Anders CPAs + Advisors | Business Advisory, Audit and Tax | St. Louis to learn more.  Episode also available on Apple Podcasts: https://apple.co/38oMlMr

Jody Grunden is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Together with his partner Adam Hale, Jody co-founded Summit CPA Group in 2002. It was the first fully distributed accounting firm in the country. In 2020, Summit merged with Anders CPAs + Advisors, and is now recognized as Summit Virtual CFO by Anders. Jody's specialties include Virtual CFO Services, Creative Agencies, and Remote Team Management. Listen to this informative Sharkpreneur episode with Jody Grunden about the evolution of virtual CFO services. Here are some of the beneficial topics covered on this week's show: - How being innovative, solving problems, and always looking to improve processes and services will lead you to success. - How a virtual CFO is perfect for companies who cannot afford a full-time CFO. - Why going completely virtual fueled the firm's growth. - How having a subscription-based billing model provides clients with predictable fees. - How it's vital to document processes and maintain a strong culture during mergers. Connect with Jody: Guest Contact Info X @vcfobyanders Instagram @vcfobyanders Facebook facebook.com/vcfobyanders LinkedIn linkedin.com/company/vcfobyanders Links Mentioned: summitcpa.net Learn more about your ad choices. Visit megaphone.fm/adchoices

As businesses emerge from tax season, many ask: How can I maximize profits and minimize taxes for next year? John Scott, an Anders CPAs + Advisors partner, sits down to enlighten us. John has been working with Anders since 1992, leading the firm's legal industry efforts for the Virtual CFO team. He effectively uses key performance metrics to offer dedicated resources, financial insight, and critical thinking to help law firms address complex issues. John is on a mission to help his clients understand what's going to happen based on current data. How does he achieve this? By accessing financial records and reconciling cash flows on a weekly basis… In this episode, we cover: How to make data-driven decisions. How to stay in sync with your cash flow curve. Ways to determine your “working capital”, and how to build cash reserves. Key factors that every business owner should know. To learn more about John and his work with Anders CPAs + Advisors, click here now! Take advantage of a 5% discount on Ekster accessories by using the code FINDINGGENIUS. Enhance your style and functionality with premium accessories. Visit bit.ly/3uiVX9R to explore latest collection. Episode also available on Apple Podcasts: http://apple.co/30PvU9

David Hartley joined Anders CPAs + Advisors when they were looking to establish an Advisory practice, demonstrating how even a large firm can “steer its ship” in an active, anticipatory way. David talks to John Randolph on Episode 34 of CPA Life in part 1 of their two part conversation about the strategic planning and growth of the Advisory practice under his watch, and David delves into how to have a forward-thinking approach, remote work experiences, and strategies for managing both remote and in-office work models. He touches on the future of the CPA profession, the importance of continuous learning, the impact of client relationships, and the importance of culling clients that are no longer a good fit for where your firm is today. Get the full show notes and more resources at CPALifePodcast.com

In this episode, Steve Fretzin and John Scott discuss:Storytelling with the numbers that leads to a logical conclusion.Why spending time in the numbers is key.Dynamic forecasting and cash flow. Four categories of important financial metrics lawyers need to look at to grow their firm.Improving poor billing hygiene.  Key Takeaways:If you pay attention to the numbers regularly, you can make necessary course adjustments along the way rather than scramble at the end of the year to make sure everything is fine. Your goals need to be realistic based on your capacity. Set up your goals, even challenge goals, but then you need to look at them and work through how they can be achieved.If you want more rainmakers, you have to train them to be better at what they do.Bring in a non-lawyer finance team to focus on your firm's finances. Delegate those things that are not your superpower. Let them focus on the numbers and keep you appraised of where they are at now, not just what they used to be. "The biggest part of running your business's dynamic forecasting is taking the data points that we have within the practice management system and within our accounting system to determine cashflow, 3-6-9-12 months out so that we know where we're going." —  John Scott Find out more about the Bootstrap Your Marketing to Build Your Personal Brand Event at: https://fretzin.com/events Thank you to our Sponsors!Lawmatics: https://www.lawmatics.com/bethatlawyer/Get Staffed Up: https://getstaffedup.com/bethatlawyer/Green Cardigan Marketing: https://greencardiganmarketing.com/ Episode References: The E-Myth by Michael E. Gerber: https://www.amazon.com/Myth-Most-Businesses-Dont-About/dp/0887303625 About John Scott: John Scott is a Partner in Tax at Anders CPAs + Advisors. With over thirty years of experience, he brings a breadth of financial knowledge and a deep expertise in advising law firms. With a long track record of success that includes firms of all sizes and specialties, John helps maximize profits via cash flow management and KPIs, while minimizing taxes with his extensive understanding of the tax code. Leading the legal industry division of his firm's Virtual CFO services, John offers strategic advising to mid-sized law firms, using a customizable, industry-leading tech stack that allows firms to make data-driven decisions. He advises on strategies around: staff utilization, cash flow planning, when to hire, creating clear career paths, trust accounting, accounting controls, and partner distributions. He is the author of a forthcoming book on creating a roadmap to success for law firms.  Connect with John Scott:  Website: https://anderscpa.com/virtual-cfo-legal/Email: jscott@anderscpa.comBook: Judicial Dollars and Cents: https://home.virtualcfo.cpa/johnscottLinkedIn: https://www.linkedin.com/in/john-c-scott-cpa/LinkedIn: https://www.linkedin.com/company/vcfobyanders/ Connect with Steve Fretzin:LinkedIn: Steve FretzinTwitter: @stevefretzinInstagram: @fretzinsteveFacebook: Fretzin, Inc.Website: Fretzin.comEmail: Steve@Fretzin.comBook: Legal Business Development Isn't Rocket Science and more!YouTube: Steve FretzinCall Steve directly at 847-602-6911  Show notes by Podcastologist Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

“What would I do, if I could still get my work done, but I had it done five hours faster, or ten hours faster? -David Hartley   There was a time those using the abacus, feared the calculator. It is natural to be nervous and have some fear around evolving technologies, especially at their current pace. But those that lean into these advancements, are far more likely to survive them. And more than just surviving, there are huge opportunities to thrive when we embrace them.   What makes us comfortable, might also be the same thing keeping us from reaching greater heights in our business. If there are tools that can systemize the repetitive, mundane tasks all of us must do to keep things running, why wouldn't we let a capable AI handle them for us?   In the first of a two-part special, David Hartley, a business and technology executive with over 30 years of continuous innovation and leadership talks about the impact of AI on the bookkeeping industry, will discuss the need to embrace, adapt, and overcome the challenges of new technologies, why your advice matters, and what the future will look like.   If you are living in fear of the looming shadow of AI, afraid for your bookkeeping business or job security, this is the episode to help you lean into a pivot towards embracing the future, as it happens.   During this interview, you'll learn... The value of advisory skills in an automated world How to grow your business with AI The importance of embracing the changing technological landscape To find out more about David, click here.   To explore Anders CPAs + Advisors, click this link.   Connect with him on LinkedIn.   Time Stamps   01:27 - David discusses his career journey  03:18 - The impact of technology on our profession  04:58 - Using AI to your best advantage  10:23 - To fear AI, or embrace it? 12:08 - Growing your business with AI 19:37 - The continued evolution of AI This episode is brought to you by our great friends at BILL! BILL automates your clients' AP, AR, spend, and expense, and lets them track and manage their cash flow, in real time. You can also use the BILL Accountant Console to access insights to level up your advisory services plus so much more! To learn how BILL can help you and your clients, and to sign up for the referral program, visit thesuccessfulbookkeeper.com/bill.

In this episode of The Faces of Business, David Hartley, Partner-in-Charge, Advisory, Anders CPAs + Advisors, shares his insights on how automation and AI combine to change the accounting world.   David delves into the interplay of Automation and AI in the accounting sector. His insights are invaluable for those eager to understand and leverage the latest trends in technology to enhance their business operations. His work leading the Anders Technology team exemplifies his commitment to integrating managed technology, cloud services, and data analytics into the accounting world.   Check out the Blog post here: How Automation & AI are Changing Accounting   Thanks for taking the time to listen today.   Find Damon Pistulka on LinkedIn talking about life & building businesses you can sell or succeed.    On Twitter as @dpistulka with inspiration and sharing thoughts.    Find out more about Damon when he's not working.  @damonpistulka on Instagram, or Damon Pistulka on Facebook.      More information on building businesses you can sell or succeed and the Exit Your Way method on our website   View our blog page for this episode here.   Email us for more information info@exityourway.com

John C. Scott is the Head of Legal VCFO at Summit Virtual CFO by Anders and a Partner in Tax at Anders CPAS + Advisors.Leading the firm's legal industry efforts for the Virtual CFO team, John offers dedicated resources, financial insight and critical thinking to address complex issues facing law firms. Anders CPAs + Advisors is a team of CPAs and industry-focused advisors. Every day, their partners and staff serve as a catalyst for those striving to achieve their highest potential, and carry this mentality on to our clients and community. Through a collaborative approach and a combination of tax, audit and assurance and advisory services, they help their clients achieve their goals while focusing on what matters most.Connect with John on LinkedIn: https://www.linkedin.com/in/john-c-scott-cpa/Visit Anders CPAs + Advisors: https://anderscpa.comOn This Episode, We Discuss…The Financial Landscape of Law FirmsStrategies for Fostering a Culture of AccountabilityThe Power of Data-driven Decision-makingIdentifying and Overcoming Common Pitfalls of Legal Businesses

I am excited to welcome our guest expert, Jody Grunden, to this episode of Sell With Authority. Jody has been on the front lines navigating agency ownership for over two decades. He Co-Founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. On this episode, we dive deep into the challenges, opportunities, and everything in between that agency owners — just like you and me — face everyday. In our conversation, we tackle key areas that can make or break your agency's success. Jody sheds light on why building a thought leadership position is crucial — and — how to do it. We also take a comprehensive look into the key metrics that Jody and his team use to keep clients on top of their game, maximizing profitability and growth — and ensuring a healthy sales pipeline. What you will learn in this episode: How merging Virtual CFO Services into the agency space lead to accelerated growth Why Jody does not want CFOs to be solely agency focused The key reasons building a thought leadership position is pivotal The model Jody created to build a thought leadership position Ways Jody continued to grow his authority position through thought leadership Vital metrics for a healthy pipeline of right-fit clients Resources: Website: https://www.summitcpa.net/ Virtual CFO Consultation LinkedIn: https://www.linkedin.com/in/jodygrunden/ Facebook: https://www.facebook.com/vcfobyanders Twitter: https://twitter.com/vcfobyanders Tiktoc: https://www.tiktok.com/@vcfobyanders Instagram: https://www.instagram.com/vcfobyanders/ Youtube: https://www.youtube.com/@vcfobyanders Additional Resources: Website: www.predictiveroi.com Visit our newly expanded Resource Library Join us in our free How to Fill Your Sales Pipeline Facebook Group

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ Topics discussed in this episode include:Tips on defining roles within your 401(k) plan to promote more cohesionThe importance of access reviews and why access levels are an equally important part of the discussionBenefits of a compliance calendar, plus tips to create one that helps you meet deadlines and improve processesWhy hiring an investment advisor could help improve participant satisfaction and be a part of your due diligenceEpisode resources:Watch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director and 401(k) Audit Practice Leader, Kim Moore, with questions.

How to Scale Your Business with Strategic Financial Leadership Discover the secrets to improving cash flow and making informed financial decisions in your business with Jody Grunden.  Jo is an accounting visionary with over 20 years of experience. He has helped pioneer innovative changes within the industry, including the introduction of the first subscription-based billing method employed by an accounting firm. He is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. Together with his partner Adam Hale, Jody co-founded Summit CPA Group in 2002. It was the first fully distributed accounting firm in the country. In 2020, Summit merged with Anders CPAs + Advisors, and is now recognized as Summit Virtual CFO by Anders. Jody's specialties include Virtual CFO Services, Creative Agencies, and Remote Team Management. Through his virtual CFO services, Jody has revolutionized the way businesses approach their finances, providing customized strategies and forecasts to drive success. In this episode, you will learn the following: Streamline your business finances with virtual CFO services for improved cash flow and financial metrics. Optimize your business operations with efficient systems and processes to boost profitability. Gain access to different tiers of support and services tailored to your business needs. Uncover the secrets to maximizing profitability and cash flow for long-term business success. Learn how to manage cash flow effectively and make informed financial decisions that drive growth. Links: https://www.summitcpa.net/   Hi, I'm the Profit Answer Man Rocky Lalvani! I help small business owners simplify their financial reports to make more informed business decisions with fewer hassles. We utilize the Profit First system created by Mike Michalowicz Sign up to be notified when the next cohort of the Profit First Experience Course is available! Schedule your free, no-obligation intro call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes Check out our website: http://profitcomesfirst.com/ Questions: questions@profitanswerman.com Email: rocky@profitcomesfirst.com Relay Bank (affiliate link) - https://relayfi.com/?referralcode=profitcomesfirst  Profit Answer Man Facebook group: https://www.facebook.com/groups/profitanswerman/ My podcast about living a richer more meaningful life: http://richersoul.com/ Profit First Toolkit: click here to sign up This episode is part of the SMB Podcast Network. Find other great interviews from around the internet just like this one at https://www.SMBPodcastNetwork.com Music provided by Junan from Junan Podcast Any financial advice is for educational purposes only and you should consult with an expert for your specific needs. #profitfirst

Special guest Jody Grunden takes us through his unorthodox approach to revolutionizing accounting. From managing an unexpected influx of resumes during a client meeting to boldly embracing remote work in the financial sector, Jody shares real stories of grit and innovation. Explore the practical side of his game-changing subscription-based billing model, eliminating billing surprises and reshaping client interactions. Uncover the raw realities, challenges, and unexpected opportunities that defined his path, leading to a successful merger. If you're eager to challenge industry norms and gain actionable insights into reshaping financial practices, don't miss this episode.   Jody is the co-founder of Summit CPA Group, a trailblazing firm that pioneered fully distributed operations and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jody's vision of changing the way people think about accounting.    These include enhancing the "hybrid" work environment, establishing thought leadership in Virtual CFO Services, and adopting a progressive weekly subscription billing model.   Want to find more from Jody? Check out… https://www.summitcpa.net/ ------------------------------------------------------------------ Want more Business Choreography?  Check out… Business Choreography Website  Join The Business Choreography Group  Text Us "CHOREO NOW" To Get Started: 385-442-7188   Need the tech to build your Business Choreography? Check out.... ChoreoSuite  

In this episode, Rory sits down with Dave Hartley, Partner in Charge of Advisory at Anders CPAs + Advisors, to discuss the transformative effects of AI in the CPA profession. Discover their insights on the major news story involving Sam Altman and OpenAI, as they reflect on a tumultuous weekend in the AI world. Learn about the critical balance between embracing cutting-edge technological solutions and preserving the indispensable human element in meeting the unique needs of clients. Listen as they discuss the CPA pipeline issue, the profession's image problem, and ways to make accounting careers more attractive to new entrants. Dave discusses changes to the traditional partnership structure and how firms are embracing long-term strategies through alternative funding models and innovative acquisition strategies. Are you curious about the future impact of technology on accounting practices? Interested in tips for enhancing culture in remote and hybrid work environments? Tune in to this enlightening AI-focused episode with Dave Hartley to find out more!

As a small business owner, you're constantly thinking about the future. You see the challenges and opportunities ahead, and you know you need to be prepared to face them in order to scale and grow your business.   But let's be real: Without the right tools and resources, it's going to be tough. That's why it's important to use the tools and resources becoming more and more available to you, especially when planning for the future of your firm.   In today's episode, TPM CEO Christian Jones is joined by Dave Hartley, CPA and lifelong technologist. Dave Hartley spearheads growth and innovation efforts at Anders CPAs + Advisors and has a lot of insight on what's available to the accountants right now.   Join Christian and Dave as they share their insights on the future of the CPA profession, including the impact of AI in accounting, how to scale your business, and why now is a great time to be a young CPA.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “We always say that you can outsource the responsibility, but you can't outsource accountability. And you as the fiduciary are responsible. Even though you have hired this third party and you have a contract and everything else, you're still ultimately responsible for whatever happens. So, if something goes wrong and the money gets dispersed to the wrong person, you could be held liable.”Topics discussed in this episode include:How failure to comply with ERISA, DOL or IRS compliance guidelines can result in hefty fines, legal action and even jail time for plan fiduciariesThe importance of obtaining a fidelity bond, also known as an ERISA bond, even if a third-party administrator says it's not necessaryDiscrimination testing best practices to ensure timely compliance so you can avoid paying excise taxesWhy plan sponsors and administrators should regularly review plan distributions Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director and 401(k) Audit Practice Leader, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “[Cybersecurity protection] is not something in passing that [the Department of Labor is] involved in, not something that once a breach occurs, now they're gonna get involved. They're trying to be more preventative. We're trying to get the information out to all of our clients, as well as anyone listening here: this is something you need to pay attention to.”Topics discussed in this episode include:Plan sponsors have a fiduciary duty to ensure the safety of participants' assets from fraud, even if the funds are managed by a service providerThe Department of Labor may ask about your company's cybersecurity protections during unrelated visits to test your readinessDocumenting proactive, annual risk assessments and quarterly or monthly control reviews is a critical way to provide proof of good-faith effort to keep your plan and participants protectedERISA bonds will not cover a fraud situation, so invest in an insurance plan to keep your plan and your company covered in case of a breach.Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director and 401(k) Audit Practice Leader, Kim Moore, with questions.Discover how Anders Technology Groupworks with your organization to protect against cyber threats.

My guest is Jody Grunden! Jody is a Partner at Anders CPAs + Advisors,  an accounting visionary with over 20 years of experience. Jody co-founded Summit CPA Group, a trailblazing firm that pioneered fully distributed operations--making it the first fully distributed accounting firm in the country--and became the top provider of Virtual CFO Services in North America. In 2022, Summit joined forces with Anders CPAs + Advisors, rebranding as Summit Virtual CFO by Anders. This merger brings numerous advantages to Anders, aligning with Jody's vision of changing the way people think about accounting. These include enhancing the "hybrid" work environment, establishing thought leadership in Virtual CFO Services, and adopting a progressive weekly subscription billing model. Summit Virtual CFO by Anders provides professional Virtual CFO Services to more than 100 companies across the United States, helping business owners dive deep into the financial side of their business to maximize profits, minimize taxes, and increase cash flow. Jody is also an industry speaker and a published author. He literally wrote the book on helping digital companies create a financial roadmap to success, Digital Dollars and Cents. Social and Website: Facebook - https://www.facebook.com/vcfobyanders Twitter - https://twitter.com/vcfobyanders, Jody Grunden (@jgrunden) / Twitter TikTok - https://www.tiktok.com/@vcfobyanders Instagram- https://www.instagram.com/vcfobyanders/ LinkedIn - https://www.linkedin.com/company/1258494/admin/,  (43) Jody Grunden, CPA | LinkedIn YouTube - https://www.youtube.com/@vcfobyanders Website - Summit Virtual CFO by Anders (summitcpa.net) For more episodes and information, visit us at https://www.digitalnicheagency.com/media Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/4zS5V79... Stitcher: https://www.stitcher.com/s?fid=524781... Follow Digital Niche Agency on Socials for Up To Date Marketing Expertise and Insights Facebook: https://www.facebook.com/digitalniche... Linkedin: https://www.linkedin.com/company/digi... Instagram: DNA - Digital Niche Agency (@digitalnicheagency) • Instagram photos and videos. Twitter: https://twitter.com/DNAgency_CA YouTube: https://www.youtube.com/channel/UCDlz… #marketingtips #advice #marketingquotes #socialmediagency #marketingagency #startup #marketingtools  #socialmediaexperts #marketingguru #digitalmarketers #searchengineoptimization #entrepreneurship #smallbusiness #crowdfunding #marketing #strategies #websitetraffic #instagramads #socialmediamarketing #content101 #contentcreation #businesspodcasts #JasonFishman, #ShariNoonan  #mentorpodcast #educationalpodcast

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “It can be worse than time-consuming to fix administrative errors, it can be very costly. Make sure you leave time in your schedule to review the forms, make sure they're correct and get them filed on time.”Topics discussed in this episode include:Guidance on how to extend deadlinesA breakdown of the different schedules and how they apply to 401(k) plansTips for avoiding penalties and fees caused by inaccuracies on your Form 5500Instructions on how to work with a third-party service provider to keep the process moving forwardEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director and 401(k) Audit Practice Leader, Kim Moore, with questions.

In this episode Jody Grunden, Co-founder of Summit CPA Group and Partner at Anders CPAs + Advisors, joins our host Diane Helbig to discuss the role of dynamic forecasting in ensuring business growth. With more than 20 years of experience in public and private accounting, Jody has discovered that many small business owners don't know why they need a forecast; and if they do know that they need one, oftentimes, they aren't sure how to create one. Jody Grunden is an accounting visionary with over 20 years of experience. He co-founded Summit CPA Group in 2002. As the leading provider of Virtual CFO Services in North America, Summit provides professional Virtual CFO Services for over 100 companies across the US, helping business owners dive deep into the financial side of business to maximize profits, minimize taxes, and increase cash flow. Jody is also an industry speaker and a published author. If you are a small business owner or salesperson who struggles with getting the sales results you are looking for, get your copy of Succeed Without Selling today. Learn the importance of Always Be Curious. Each episode of this podcast provides insights and education around topics that are important to you as a business owner or leader. The content comes from people who are experts in their fields and who are interested in helping you be more successful. Whether it's sales challenges, leadership issues, hiring and talent struggles, marketing, seo, branding, time management, customer service, communication, podcasting, social media, cashflow, or publishing, the best and the brightest join the host, Diane Helbig, for a casual conversation. Discover programs, webinars, services, books, and other podcasts you can tap into for fresh ideas. Be sure to subscribe so you never miss an episode and visit Helbig Enterprises to explore the many ways Diane can help you improve your business outcomes and results. Learn more about your ad choices. Visit megaphone.fm/adchoices

What key metrics are you tracking for your agency? Do you know which KPIs are crucial for making proactive decisions to benefit your agency? There are 4 key metrics that enable you to see into your agency's future and make smarter growth decisions. Today's guest runs a CPA advisory firm that provides agencies with the tools they need to come up with original solutions for their unique challenges. He shares the four key metrics every agency should be tracking to predict their future moves. Jody Grunden is the founder of Anders CPAs + Advisors, a virtual CFO group focused on the creative agency space. His team serves as a catalyst for those striving to achieve their highest potential and carry this mentality on to their clients and community. In this episode, we'll discuss: Crucial metrics to track for your agency. The target average utilization rate for agencies. Assessing profitability and gross margin to make adjustments to your prices or staff. Subscribe Apple | Spotify | iHeart Radio | Stitcher | Radio FM Sponsors and Resources Dot & Co: Today's episode of the Smart Agency Masterclass is sponsored by Dot & Co, client management specialists that will help digital marketing agencies keep their clients happy. With the help of their knowledgeable account managers, agency owners can step away from the day-to-day and focus on driving results. Check out dotandcompany.co/smartagency and get 20% off your first month working with them.   The 4 Crucial Financial Metrics You Should Be Tracking for Your Agency Jody and his team help their clients focus on their goals and achieve their highest potential. They help improve their client's business by teaching them to focus on four main metrics: Cash metrics Production metrics Financial metrics Pipeline metrics Keeping track of these metrics makes a huge impact on your agency allowing you to predict your cash position every month and make key decisions ahead of time rather than being reactionary. 1. Cash Metrics This is annualized revenue; something all agency owners should have knowledge and control over. Keeping track of how much cash you have in the bank determines your next steps in the business. The goal is to have at least 10% of your annualized revenue in the bank at all times. So if you have a $3 million agency, you should have $300,000 in the bank. Why ten percent? This amount covers 2 months' worth of expenses for a service-based business. Of course, this is the minimum. It's better to strive for 30% or six months' worth of expenses. There's no right or wrong answer. Some agencies are fine with 4 months' worth of expenses in the bank, some need less. How do you decide on the percentage your agency requires? Just look at your different risk factors. Are you focusing most of your resources on just one client? Do you have older, retiring partners? In those cases, there is high risk and you need a higher percentage. Do you have high recurring revenue? If so then 10% is fine. Anything over 6 months might be overkill and money you could be using to reinvest in the agency. Why You'll Need at Least Three Different Bank Accounts Jody usually advises clients to have three different bank accounts; a tax account (for 40% of net income); an operating account (money to pay bills), and a cash reserve account (a money market account or a high-interest savings account). Just keep in mind that if that money is sitting in your operating account, you'll be losing opportunities. The name of the game is making money on your money. Jason and Jody agree that you should also get a line of credit when you don't need it. Treat it as a safety guard and preferably have it renewed every two years instead of annually. It's not designed to be used on a daily basis. That's what your cash reserve is for. 2. Production Metrics This is the metric agencies use to build a solid forecast. This forecast should be dialed into your non-financial metrics and may change every month. There are two very important metrics to getting that forecast right: Utilization Rate -  what your team is working on and the percentage of their total hours spent on billable work. Average Build Rate - which is not what you're charging clients but rather the work being done. If you charge by the hour and you're not accurately tracking the time spent working that reduces your average build rate. These two metrics will help build a dynamic forecast because it's all based on people. You'll be able to build a month-by-month forecast and break down exactly what your agency should do on a monthly basis to achieve your revenue goals. Average Utilization Rate for Agencies How many hours does an agency typically work? This varies from agency to agency but on average they expect to work 30-32 (billable) hours per week. This is a benchmark of the number of hours you expect your workers to put in each week. Basically, the number of billable hours (work hours minus culture hours) divided into the number of available hours will give you your utilization rate. The average utilization rate for agencies is around 60%. However, your agency should strive to achieve your forecast projections. 3. Financial Metrics Assessing profitability and gross margin. Compare your agency to the competition and to your forecast. Comparing to everyone else will give you an idea of whether you're in the ballpark but more importantly, how well you're forecasting. To assess your overall profitability, first look at your net revenue. This is basically revenue minus hard costs. Once you have that, subtract all costs associated with production (anyone who works in the business), including fully-burdened costs like 401K and health insurance. Your goal as an agency should be about 50% net revenue. Additionally, your overhead costs like marketing expenses, business development, and facility costs should be no more than 35%. So, net revenue (50%) minus overhead (35%) = a gross margin bottom line (15%). Ideally, you'll want to get gross margin up from 15% closer to 25%. Try to focus not only on things you can cut back but also if it's time to increase prices. Planning to increase staff by 5%? Then you should probably also raise your prices or your margin percentage will shrink. 4. Pipeline Metrics The cash, production, and financial metrics will help you build a great model to predict exactly how much you'll hit each month. However, it can all crumble pretty quickly without the pipeline metric. This metric helps keep an eye on what you have under contract for the next three months and when you'll need to make adjustments according to the amount of work. For instance, if you have 65% under contract for the next three months that's fine and it's the typical number for your agency. However, if you're at 80% or 20% capacity then you'll need to make some adjustments.   Do You Want to Transform Your Agency from a Liability to an Asset? If you want to be around amazing agency owners that can see what you may not be able to see and help you grow your agency, go to Agency Mastery 360.  Our agency growth program helps you take a 360-degree view of your agency and gain mastery of the 3 pillar systems (attract, convert, scale) so you can create predictability, wealth, and freedom.

Visit thedigitalslicepodcast.com for complete show notes of every podcast episode. In this episode of The Digital Slice Podcast, Brad Friedman and Jody Grunden, co-founder of Summit CPA Group, chat about the efficiency of having a virtual CFO on your staff and other must-know business tips intended to help you grow your business even if all your employees are virtual. Jody co-founded Summit CPA Group, which merged with Anders CPAs + Advisors in 2022. Summit, now a division of Anders, was the first fully distributed accounting firm. As a leading provider of Virtual CFO Services in North America, Summit provides professional Virtual CFO Services for over 100 companies across the United States, helping business owners dive deep into the financial side of their business to maximize profits, minimize taxes, and increase cash flow.

Learn tools and ideas how to make your fully remote business successful in this podcast interview with Jody Grunden. Several of the things his company does were new to us so this episode will definitely teach you something new. Jody is the founder and head of Summit CPA (www.SummitCPA.net), the Virtual CFO division of Anders CPAs & Advisors. He took his virtual CFO firm from 18 people to almost 60 since he took it fully remote in 2013 and is the author of two books, Digital Dollars and Cents and Building the Virtual CFO Firm in the Cloud. What positions do you need in your company that will make the difference between success or failure (high turnover and negative culture) in your remote company? What role does a retreat play? What mistakes should you avoid? What role does your business and financial model play in your ability to successfully grow and scale a remote company? For the answer to those questions and several others, listen to the show on Apple podcasts (https://podcasts.apple.com/us/podcast/win-win-an-entrepreneurial-community/id1465488607), wherever you normally get your podcasts, or listen on the web at www.FractionalLeadership.io/Podcast.

Jody Grunden is the co-founder of Summit CPA Group, a leading provider of Virtual CFO Services that merged with Anders CPAs + Advisors in 2022. The Summit CPA Group provides virtual CFO services for over 100 companies across the United States.Resources:Summit CPAConnect with Jody on LinkedInGet the first three chapters of Content Marketing Secrets for freeConnect with me on LinkedIn

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “But I would caution you if an auditor is…half of all other ones… I would be a little bit suspicious of why are their costs so much less. Maybe they have a valid reason…but at the same time if they're trying to get into something that they really don't know what they're doing, that's one of the ways that'd be a red flag.” Topics discussed in this episode include:Questions to ask to verify a potential auditor's qualificationsThe differences between billing and pricing methods used by auditing firmsResources to use to find a qualified auditorDeciding between a local auditor and a remote firm, plus the benefits and costs to both optionsEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Jody Grunden, CPA, the co-founder and CEO of Summit CPA Group, isn't afraid to fail — he says he's done it many times over the years. The firm, now part of Anders CPAs + Advisors thanks to a 2022 merger, is an innovator in several aspects of client billing and payment, from getting away from paper checks to escaping the “rat race” of hourly billing. Grunden, the author of two books, explains on this episode of the Journal of Accountancy podcast some about Summit's journey, why his co-founder at first was against a move to remote work, and why his approach to risk is more about developing a workaround than deciding to retreat.

*Want one piece of business strategy delivered daily to your inbox?* Subscribe here: geraldinecarter.com/subscribe   Many CPAs work until they're done. And they either hand their firm down, sell it, or turn off the lights and close the door. Some miss an opportunity to be more strategic about what they choose to build with an eye toward future value creation.  Here today to talk with me about this is my guest, Jody Grunden.  Jody is the co-founder & CEO at Summit CPA Group, A Division of Anders CPAs + Advisors. Summit CPA is the leading provider of Virtual CFO Services in North America.    Highlights: — “High growth and high profit, those are the two big things that companies look for.”  — “Being remote accelerated growth, because now we could go anywhere and hire anywhere.” — “There's a great opportunity to get rid of existing clients that are preventing you from making changes [to improve your firm].” — “Take advantage of the remote atmosphere, whether it's hybrid or fully remote. This is the perfect time.” — “The most important factors: niche, go remote, and take risks.” Connect with JODY: Website: https://www.summitcpa.net/ LinkedIn: www.linkedin.com/in/jodygrunden Twitter: @jgrunden and @SummitCPAGroup Previous episode with Jody: 086 Secrets of Shifting to vCFO Services, with Jody Grunden https://businessstrategyforcpas.com/086 Book mention: Time's Up!: The Subscription Business Model for Professional Firms, by Ron Baker and Paul Dunn https://www.amazon.com/Times-Up-Subscription-Business-Professional/dp/1119893526 Software mentions: Reach Reporting: ​​https://reachreporting.com/  

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/“If it's a first-year audit, they usually take a little longer, as you can imagine. I get calls from people that this is a first audit and they say, ‘Can you do my audit tomorrow?' I can start tomorrow, but I'm not going to finish it in a day. That's just not even possible. So you want to make sure that you talk to your auditor about timing.”The information discussed in this episode includes:A walkthrough of the general layout of a first-time 401(k), from first steps to closing out an auditImportant timing considerations to understand before beginning your audit to avoid costly delaysHow best to prepare necessary documents in time for the audit to maximize efficiencyEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

On behalf of the Accounting Influencers Podcast Network, this is the "Success in Accounting" show, going live every Monday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.In today's episode 22, "Inspirational Women Leaders in Accounting Panel 6."You can also watch this on youtube here: https://youtu.be/76ERDEPU4pkToday's high level panel:Debbie Zaller Chief Operating Officer Schellmann https://www.linkedin.com/in/debbiezaller/Donna Erbs Partner + Strategic Growth at Anders CPAs + Advisors https://www.linkedin.com/in/donnaerbs/Emily Ackerman Director of Business Development at Lane Gorman Trubitt, LLC https://www.linkedin.com/in/emilyackermandfw/Janet Jack CEO at Institute of Accountants and Bookkeepers https://www.linkedin.com/in/janet-jack-a878621a/◣━━━━━━━━━━━━━━━━━━━━◢A reminder of 5 great shows in the Accounting Influencers Podcast Network:❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.Find them all on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!└╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌┘FOLLOW US ON SOCIAL MEDIA:We'd love to get to know you!Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcastFor announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencersFor videos of all podcast interviews and bonus video content:

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “Getting that [third-party administrator] questionnaire turned around quickly is really important, as well as if the provider's asking you for some type of year-end payroll report, a census, those are terms we see a lot. That is going to get folded into the discrimination testing that your service provider's going to do, and that's very important that that gets done, that it's accurate and that it's timely.”Topics discussed in this episode include:How auto-enrollment can drive high plan participation and lower your organization's risk of failing discrimination testingWhat triggers the need for your first 401(k) audit and details to help you prepareWhy “compliance calendars” are absolutely critical to run a plan as smoothly as possible despite how overwhelming it may initially feelEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “If you delay getting us the information and there's a problem, it can't get resolved. More than likely, your audit is going to be late just because we've got others to work on. It's just the way it is. You have the fiduciary responsibility over the plan. So anything you can do to help us figure out those problems is going to be greatly appreciated by your auditor, but will also save you a lot of time and help you to file on time.”The finer details in this episode:Tips and tricks to speed up the audit processImportance of working with an auditor on missing paperworkThe role of a third-party provider on the audit process

In this episode, Jamie Nau, our host and Summit CPA's Director of Accounting, sits down with Adam Hale, Partner at Anders CPAs + Advisors, and Jake Grimm, Summit CPA's Director of Technology, to discuss financial tools for remote and distributed companies. If you are a business owner of a fully distributed company, this episode is for you! Jamie, Adam, and Jake discuss must-have tools to implement in your remote business to help it run efficiently and grow it to the next level.  The finer details of this episode :How to choose  the best technology for your remote businessHow to leverage technology in a remote worldBeing a  business owner or member of leadership of a remote businessBeing a fully distributed, start-up company and implementing the right tools to run your businessEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net 

In this episode, Jamie Nau, our host and Summit CPA's Director of Accounting, sits down with Adam Hale, Partner at Anders CPAs + Advisors, and Jake Grimm, Summit CPA's Director of Technology, to discuss financial tools for remote and distributed companies. If you are a business owner of a fully distributed company, this episode is for you! Jamie, Adam, and Jake discuss must-have tools to implement in your remote business to help it run efficiently and grow it to the next level.  The finer details of this episode :How to choose  the best technology for your remote business How to leverage technology in a remote world Being a  business owner or member of leadership of a remote businessBeing a fully distributed, start-up company and implementing the right tools to run your businessEpisode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - vcfo@summitcpa.net 

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "It does have some pretty big implications for those of you that either are a 401k plan participant or if you are the planned sponsor of a 401k plan, we wanted to kind of keep you updated so this doesn't hit you as a surprise because we do believe it's going to become law. It's just a matter of when and exactly what's included in the bill" - Kim Moore The finer details in this episode:Secure Act 2.0 major provisions and their implications explainedQualifications and requirements that participants and plan sponsors need to knowWhat does this mean for younger professionals? for part-time employees? for employers?Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

"The quality of the people (and), the quality of the technology has just made my ability to step in and be successful a whole lot easier." - Greg Wallis The finer details of this episode :What is it like shifting to a virtual CFO role? How did Greg's experience help him adjust?What do you need to consider and think about before going virtual or moving to a 100% remote firm?Tips for professionals interested to join Summit CPA, A Division of Anders CPAs + Advisors, or offer their own Virtual CFO services Episode resourcesSummit CPA website - www.summitcpa.netEmail us with questions - cpa@summitcpa.net 

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "We're very excited about the possibilities...the joint marketing, the results of that, how that plays into the rules going forward, and the way that impacts our interactions with clients and prospects going forward are some of the really exciting parts of the combination." - Mark HensonIn this episode, Kim Moore and Mark Henson discuss the merger of Summit CPA Group with Anders CPAs + Advisors, a Top 100 St. Louis-based CPA and advisory firm. For more details on the merger, visit: https://anderscpa.com/anders-and-summit-cpa-group-to-merge/The finer details in this episode:What does it mean for Summit CPA's audit team now that Anders and Summit is merging?What are the differences and similarities of the services that Anders and Summit provide?How does this merger impact operations, marketing, and client management?Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "I always describe the, the audit timeline as an airplane on a runway. You know, it takes so much runway to get the airplane off the ground and into the air. Depending on the size of the airplane and how much cargo it is carrying and everything else. You only got so much runway and as you get to the end, the airplane is probably gonna either not take off or crash if you leave it too long." Kim Moore The finer details in this episode:What you should do to communicate and build better relationships with your 401k auditorImportant documentation to prepare and important discussions to haveWhat to expect to avoid miscommunicationEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

You're focused on making important decisions to take your company to the next level, but who's counting? We are.A brand new podcast brought to you by Anders CPAs + Advisors, But Who's Counting? is designed to provide real-world takeaways and examples of how business owners and C-suite executives can improve areas of their business. Podcast host and Anders Partner and Director + Advisory, David E. Hartley, sits down with fellow advisors and subject matter experts to share what they're seeing in the marketplace and actionable advice business leaders can use to empower growth today and in the future. The first introductory episode features Anders Managing Partner, Robert J. Minkler, Jr. He offers context around the value that Anders and this podcast provide, along with a preview of what listeners can expect by tuning in to upcoming episodes. Make sure to never miss an episode by subscribing on Spotify, Pandora or Apple Podcasts and let us know what you think by rating and reviewing. Keep up with more Anders insights by visiting our website following us on social media: Facebook | LinkedIn | Instagram | Twitter

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "We listened to our customers. AuditMiner is so customer-lead. We don't develop a feature unless it's been requested by a customer and we get the customer feedback the whole time." Kelly Mann The finer details in this episode:How AuditMiner came to be? What are the benefits of using AuditMiner?How listening to clients helped in improvements and updatesHow much time savings do clients get when using AuditMiner?Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "As long as you talk to your auditor upfront (and say), make sure they're on board, they know what they're doing. They're handling all this properly. Talk about any of these areas that may have peaked your interest that, oh, that sounds like a problem for. Talk to your auditor and do it now. Don't wait." Kim Moore The finer details in this episode:Defining and understanding the SAS 136 - for plan sponsors and auditorsThings to consider when determining what audit you needWhat you need to prepare with your service providers if you are a plan sponsor Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "Some of this we have talked about before, but what we tried to do is put together twelve (12) that we thought are important to plan sponsors and plan participants." - Kim MooreThe finer details in this episode:What you should consider for your 401k plan in preparation for 2022What you can do to take actionExamples and reminders for plan administrationsThe importance of communication and documentation  Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

In this episode of AAMplify! we discuss the Hinge Marketing Survey for the Association for Accounting Marketing. AAMplify! Host: Host: Chuck Summers, Director of Practice Growth, MCM CPAs & Advisors AAMplify! Guests: Donna Erbs, Chief Marketing Officer, Anders CPAs + Advisors

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "We're seeing it all across different disciplines, all different types of employment and what we're finding is that people are quitting - and that really started from probably I'd say January and still continuing on through today - where they're quitting for all kinds of reasons" - Jody GrundenThe finer details of this episode What is "The Great Resignation"?What are the reasons behind this phenomenon?What companies can do to take the employee retention to the next level?Finding candidates, the evaluation process and preventing no-shows.Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ "You want to allow people to have very specific questions about their situation. Different companies have different needs. (You) Definitely want to get everybody thinking about this. So they're prepared when it's, when it's time." - Kim MooreThe finer details in this episode:What approach should you use? Why is a holistic approach important?Questions to ask your service providers to ensure you know the requirements you need to communicateWhat you need to consider before doing open enrollment Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “The pricing should be transparent. They should be able to tell you what are the factors and why is that important.” - Kim MooreThe finer details in this episode:Why choosing the cheaper service provider is not always better in auditSetting expectations and defining the value of a 401k Plan AuditHow Summit CPA is pricing their 401k Plan audit servicesWhat to consider and what questions to ask auditorsEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “You want to make sure that whoever is doing your audit, knows what they're doing because 401k audits are different than financial statement audits, they have certain quirks to them and your auditor needs to understand that ” - Karen Hill The finer details in this episode:What considerations you need to look at other than priceWhat questions to ask to CPA firms to qualify themWhat is a peer review? Why you'd want to look for a copy of thisClient referrals and the right questions to ask themEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “It has been a challenge for me, with making sure I'm tying my numbers back and forth, navigating through our online system. We did use Advance Flow at my old job but it wasn't as detail-oriented as Summit is.” - Chasity Price The finer details in this episode:Chasity and Lauren's previous job experiencesUnderstanding different kinds of auditsWhat working remotely is like for them and the identifying challenges of working remotelyWhat are their key learning experiences with Summit CPAEpisode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “A small investment now is definitely worth it, definitely something you would like to talk to your public supervisor about.” - Kim Moore The finer details in this episode:Cyber security, 401k Plans and the governmentImportance of cyber securityWhat you should watch out for to avoid cyber security attacksWhat steps you need to take to protect your business and your clients information Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “It is expected to pass in 2021, and the current expectation is that it will become effective 1/1/2022 and that's not far away....What happens when you put forward a bill like this it has an impact on the budget.” - Kim Moore The finer details in this episode:Secure Act vs. Secure Act 2.0Deep dive on the changes in the Secure ActImpact of Secure Act 2.0 to 401k PlansWhat do you need to do to prepare for the new legislation? Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “You wanna find out from them what happens if I do sign with you and I stay for a while and for whatever reason I decide I wanna go somewhere else....what does that process look like? What are you gonna agree to help me with?” - Kim Moore The finer details in this episode:Does your company need one?What to look for if you plan to hire record keepers/third party administrator servicesThings to consider when planning to switch service providersChoosing which service provider to work with Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “It's not a pleasant situation. The things we are recommending are best practices anyways, you should be doing all those things we talked about not to avoid a lawsuit, but just cause it's the right thing to do and you should care about your employees.” - Kim Moore The finer details in this episode:What to do when you receive a 401k Plan lawsuitUnderstanding 401k plan lawsuit statistics and using this to asses your 401k planWhat can lawsuits cost youWhat can you do as a 401k plan sponsor to avoid lawsuitsMain reasons of 401k related lawsuitsTips a 401k plan sponsor can use to stay on top of 401k plans Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “Planning as early as possible makes the whole process easier.” - Kim Moore The finer details in this episode:Why planning your retirement earlier is importantWhere to start your retirement planningUnderstanding your needs and what you want to achieve for your retirement planTips on managing your retirement plan Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “Nearly 1 out of 2 American households have suffered a significant decline in their income in a time when most didn't have sufficient emergency savings.” - David Ramirez  The finer details in this episode:Thoughts on COVID-19 and how it impacts the 401k spaceCommunications with current and past employees due to the decline in the economyThings you can do to help your employees get through the current economic hardshipCore advice for employees on their 401k planWhy it might not be rational for some of your employees to join your 401k planFees associated with the 401k plans Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.For Us All - https://www.forusall.com/Email David - david@forusall.com

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “As the employer, you have a lot of say in what happens to your employees. You hold a lot of control over an individual, and now their retirement is entrusted in you.” - Kim Moore  The finer details in this episode:The difference between the sponsor, trustee, and administratorWhat your responsibilities are if you are a plan sponsor, trustee, or administratorThe different penalties or fines you could possibly face related to your 401k planAreas of the 401k plan where you want to pay extra attentionOptions you have when you are facing fines Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “Often employees don't get into a plan because they don't know or they are scared. With auto-enrollment, they don't have to do anything to get into a mixed investment portfolio appropriate to their age.” - Kim Moore  The finer details in this episode:What is auto-enrollment?How investments are chosen for auto-enroll plansPros and cons of implementing an auto-enroll planProcesses for notifying employees when they are being enrolledFactors to consider when deciding if you should implement auto-enrollment into your 401k planPossible pitfalls with auto-enrollment and how to avoid themThe process of getting started with auto-enrollment Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “The audit is driven by the number of eligible participants in the beginning of the year. If that number is over 100, then you will need an audit.” - Kim Moore  The finer details in this episode:Due dates for the 5500 and the extension periodWho can file the 5500 on your company's behalfThe process of filing your 5500The point at which you will need an auditImportant details to review on the 5500The auditor's responsibility with the 5500What to do if you can't make the deadline Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “We are hearing from CPA firms that their timeframes are being compressed, and that takes away the time they would use to do the 401(k) audits.” - Kim Moore  The finer details in this episode:Updated tax information for 401ksWill there be extensions and new deadlines available?How the audit process is affected by an increase in remote teamsWhy you shouldn't relax your standardsAspects of your 401k plan that you should check due to the pandemicWhat you can do if you have to file late Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “If the plan document says something other than what you do or meant to do, you need to get that amended to make sure your procedures follow the plan document.” - Kim Moore  The finer details in this episode:Common eligibility errors that companies make for employees entering the planWhat to do with interns and seasonal employeesHow to set service requirements in your plan documentWhy you should document that you offered the plan to your employeeHow to determine if you have a fidelity bondWhat you need to know about discrimination testingBest practices for distributions and loansDisclosures that need to be distributed about your 401k plan Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “The Department of Labor and the IRS understand that errors happen, which is why they set up the voluntary correction fund.” - Kim Moore  The finer details in this episode:Employee compensation factors that you need to track for the 401k planWhy documentation of payroll changes are so importantWhat to do when you didn't withhold when you were supposed to withholdHow to handle late contributionsAligning your payroll schedule with your contributionsMaximizing your contributions for highly compensated employees Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “Make sure you are paying attention to any communication in regard to the 401k plan.” - Kim Moore  The finer details in this episode:What is the SAS 136 and what you need to know as a sponsorWhen this new standard goes into effectWhat you need to do in order to comply with this changeThe requirements for documentation that are now in effect Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “This is a huge opportunity as a company to help your employees to prepare for retirement.”- Kim Moore  The finer details in this episode:What is the SECURE Act?The timeline moving forward with the new lawStatistics and reasons this act passed into lawHow this act will help you encourage your employees to prepare for retirementHow to take advantage of this as a small companyBenefits your business can receive from the actHow to get your employees to participate in your planRequirements you will be expected to meetChanges you need to know about Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “There are a lot of complexities in what drives the price for audits.”- Kim Moore  The finer details in this episode:The average pricing for a 401K audit and what drives the pricingThe difference between a fixed fee audit and a “time and materials” auditThe payment process you can expect once the fee is setOther factors that might make your audit more expensive than averageHow Summit CPA is able to keep their 401k pricing so lowCommon questions we get during the quoting process Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ “The most important thing for you as a sponsor is to make sure you understand your plan.” - Kyle Tanaka The finer details in this episode:The process you can expect to follow with the auditing firmThe information you will have to provide to your auditorHow you can prepare for a 401k auditThe importance of asking questions and keeping a dialogue with your auditorHow to get organized before and during the auditWhy you should always keep your payroll data Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.AICPA - https://www.aicpa.orgGoToMeeting - https://www.gotomeeting.comSmart Sheet - https://www.smartsheet.com

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ Tweetable: “Make sure you understand the rules. Don't just fly by the seat of your pants because you can get in a lot of trouble.” - Kim MooreThe finer details of this episodeWhen do you need to hire an auditor?Who's liable for a lousy audit?Questions to ask during your search for an auditor.What is the AICPA and why it matters?What is the role and purpose of a fiduciary?A 10,000-foot view of the audit process.What to do if you haven't filed.Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.AICPA

Summit CPA Group has merged with Anders CPAs + Advisors! Visit our website to learn more about our 401(k) process and pricing: https://anderscpa.com/401k-audits/ Tweetable: “Don't just hire the first audit firm you find. Don't just hire the cheapest audit firm you find. Ask questions about the quality of the work they're doing.” - Kim MooreThe finer details of this episodeJody's background and how Kim took over the 401(k) audit processKim's background working in auditingWhat level of audit experience does the team have?The key things Kim focused on from the beginningHow does being a “virtual” firm effect the 401(k) audit process?What to look for when hiring an auditor?Episode resourcesWatch episodes of The 401(k) Audit CPA Success Show on YouTube.Learn more about the Anders 401(k) process and pricing.Email our Director + 401(k) Audit, Kim Moore, with questions.AICPAThe Summit CPA backstory (coming soon)