client accounting services

26 bonus benefits clients need to know

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businesspeople having a meeting over coffee sitting together at a table discussing a document, young man and two middle-aged women presentare you letting your clients know all the value-added ways you can make their business lives better?

by ed mendlowitz
call me before you do anything: the art of accounting

here are some value-added benefits to consider when performing obligatory services such as an audit or tax return, or any work for a client.

more: stop pricing by the hour | things change | how to be ’the other guy’s accountant’ | why we ‘kill’ to get partnership returns out quickly | my first thought is to never turn down business | the background to saving a business
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this is not – cannot be – a complete list, but you can use this to help think about the benefits and value you bring to the client on every project or assignment you do for them. have a look, and let me know in comments what you think. what would you add to the list? what would you eliminate? read more →

3,771 accountants help uncover cas success secrets

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small firms find a new revenue stream.

by hitendra patil

fresh insights are emerging from 卡塔尔世界杯常规比赛时间’ new survey, “client accounting services: trends, issues & opportunities.”

join the 8-minute survey. get the answers. you will receive, for free, the topline executive summary of the survey findings, just for participating in this survey.

it is possibly one of the largest cas surveys ever, with 3,771 (and counting) accountants responding to the survey.

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the #1 problem: staffing, staffing, staffing

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client

smallest firms plagued most by growing tax complexity. 

via aicpa

staff recruitment remains the top issue for most cpa firms, while growing tax complexity and risk management regarding privacy and data security are rising challenges, new research by the aicpa shows.

today’s best talent, career, and growth strategies
join the survey: get the answers.

“finding qualified staff” is the no. 1 issue for every firm-size segment except sole practitioners, according to the 2019 pcps cpa firm top issues survey, matching the topline results from the last survey two years ago.

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a.i. vs. auditors

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artist concept of an ai-based neuronhow human-centric artificial intelligence will help.

by hitendra r. patil and eli fathi

artificial intelligence is set to transform many professions. as ai shifts from news and hype, it will significantly change how people work in their jobs.

more: how to be ready for real artificial intelligence | how accountants can ride the artificial intelligence wave | automation makes it easier for accountants to offer cybersecurity | the why, what and how of cybersecurity for accountants  | blockchain: what you need to know now | the what, why and how of artificial intelligence for accountants | the client of the future | the rise of the robot accountant: opportunity or threat?
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the internet and cloud technologies transformed the workplace. similarly, ai will refine, reshape and even replace many of the tasks we do every day.
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how to be ready for real artificial intelligence

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what to know before investing in new technology.

by hitendra patil and eli fathi

to use ai or not?

that is the question for accounting and audit firms looking toward the future. there is a lot of fear, uncertainty, and doubt regarding the availability, adoption and use of artificial intelligence-based systems. there is even some misleading information within the broader community of accounting and audit tools.

more on entrepreneurial strategy: how accountants can ride the artificial intelligence wave | the client of the future | the rise of the robot accountant: opportunity or threat?
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a wide range of claims and news can be found online, from ai “not being ready” for accounting, to questioning the benefits of artificial intelligence. vendors stating their solutions are ai-enabled may be adding to the confusion. read more →

2019: doing more with less

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also closely examined: whether clients are the right fit.

by sarah dobek
the rosenberg survey: national study of cpa firm statistics

it’s all about transition. the transition of leadership feels like it’s peaking at a lot of firms. if firms aren’t on the tail end of a transition, they’re in the middle of it.

more from the map survey: 2019: the biggest tech changes yet | why you need a tech strategy consultant | 2019: why small firms shun mergers | 2019: expect more alliances | 2019: firms grapple with change | staff policies improve, but not mentoring
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among these transition opportunities, we’re noticing a few things.
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how accountants can ride the artificial intelligence wave

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let machines crunch the data. you provide the insight.

by hitendra r. patil and eli fathi

you are already riding the ai wave to some extent because, most likely, your car has some ai built into it. you ride it to work. how about riding artificial intelligence at and in your work?

more on entrepreneurial strategy: automation makes it easier for accountants to offer cybersecurity | the why, what and how of cybersecurity for accountants  | the client of the future | urgently required: a new definition of accounting | is blockchain a cloud killer? | how to beat automation in accounting | 3 reasons small firms stay small | the new needs of people at accounting firms | 4 pillars of future firm foundation | do you want a practice … or a business? | 3 apps to automate business networking
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in today’s economic environment, it’s not enough to offer services in the same way that it’s always been done and hope that business will thrive. many accounting firms are embracing new technology, such as robotic process automation, cloud-based analytics and dashboards to offer a competitive edge but the industry has come to a crossroads. while these computer-assisted and rules-based tools are considered the norm, ai and machine learning solutions are driving the leading edge.
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automation makes it easier for accountants to offer cybersecurity

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technology security with internet digital signature as arttechnology can help simplify the complexity of technology itself. 

by hitendra r. patil and jeffrey lush

businesses the world over rely on outsourced services, like accounting, to keep themselves ahead in the game, be profitable, efficient and to limit risk.

more on entrepreneurial strategy: the why, what and how of cybersecurity for accountants  | blockchain: what you need to know now | the rise of the robot accountant: opportunity or threat? | certified blockchain accountant: from cpa to cba
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in “the why, what and how of cybersecurity for accountants,” we covered the fundamentals to enable accountants get a quick understanding of cybersecurity to help explore the new opportunities that are emerging in the cybersecurity services segment. in this post, we’ll explain why it may not be really necessary for accounting firms to have specialist technology resources to foray into cybersecurity opportunities.

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the why, what and how of cybersecurity for accountants

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lush

checklist: protect your firm in 10 steps.

by hitendra r. patil and jeffrey lush

jeffrey lush is  ceo and co-founder, bap solution, a cybersecurity firm lush is known widely as a passionate technologist with more than 34 years of it experience. before serving as ceo for bap, he worked as the cto for both hpe and dell federal. lush’s us federal experience includes serving as the executive chief technology officer for the us department of veterans affairs. he has served on us presidential workgroups focused on cyber and has extensive knowledge of cybersecurity standards and policies throughout the globe, with a focus on us federal policies to include nist, fisma, fedramp, dfars, pci, and hipaa.

it is no secret that cybersecurity continues to top the list of business concerns for businesses of all sizes. small independent business, mid-size business and large organizations can all be impacted by a cyber attack.

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blockchain: what you need to know now

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20 key concepts for now. 5 key questions for the future.

by hitendra patil
accountaneur

social media. big data. automation. artificial intelligence. machine learning. there is already a lot of technological impact on the accounting profession. now comes blockchain.

more: the what, why and how of artificial intelligence for accountants | the client of the future | the rise of the robot accountant: opportunity or threat? | six never-before opportunities for the accounting profession | urgently required: a new definition of accounting | certified blockchain accountant: from cpa to cba
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as a cpa, should you worry about blockchain? let’s examine.

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the what, why and how of artificial intelligence for accountants

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how practical, affordable ai is already transforming accounting.

by hitendra r. patil and eli fathi

fathi

co-author eli fathi is ceo at mindbridge ai, developer of the world’s first auditing tool based upon artificial intelligence and machine learning technologies – the ai auditor – to uncover errors in financial data. he attended algonquin college and the university of ottawa, where he earned a master’s degree in engineering. fathi has been a technology entrepreneur for over 30 years, having founded or co-founded numerous technology companies including fluidware corp. he currently sits on the boards of the ontario chamber of commerce, start-up canada, and c-com, a company that develops satellite-based technologies.

artificial intelligence (ai) tends to conjure up images of sci-fi movies, with costly computers replacing humans for some sinister purpose, but the reality is much more collaborative and effective.

while ai has been adopted by many industries, its adoption rate in financial services has been relatively slow, and for understandable reasons. but you can get a feel of ai’s possible impact when you see that 76% of banking cxos agree that adopting ai will be critical to their organization’s ability to differentiate in the market.

practical, affordable ai is here, and the question is not whether or not to adopt, rather it is how quickly to get on board to differentiate in the quality, effectiveness, and efficiencies that ai-based solutions can provide.

ai is poised to transform the accounting industry. let’s see why.

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