whittle down wip

piles of paper, decreasing in sizeit’s cheaper than adding capacity.

by frank stitely
the relentless cpa

want to increase profitability and client retention? manage projects effectively.

more: maximize your role as visionary | how to be the chief communicator | how to teach reviewing and time management | 4 steps to take before next tax season | 3 tips for handling rookie tax preparers | what goes into a client project?
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if you don’t have these measures, get them, or turn in your ceo title. if, as a value pricer, you’ve sworn off practice metrics based on productivity, you’ll learn nothing from this article. you just don’t have the numbers. mark cuban is on hold waiting to yell at you.
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trump, tariffs, brexit: cpas turn negative on the economic forecast

cpas blame u.s. trade war for impairing the economy. (via aicpa)

expectations fall to their lowest level since 2016.

by 卡塔尔世界杯常规比赛时间 research

citing u.s. political leadership, trade concerns and fears of a sustained global slowdown, cpas in private practice have crossed from a generally positive view of the economy to decisively negative, their dimmest view of the business situation in three years. and they expect things to get worse.

only 42 percent of survey takers express optimism about the u.s. economy’s outlook over the next 12 months, down from 57 percent, the level it held for the past three quarters.

positive sentiment on the u.s. economy had been as high as 79 percent in early 2018 and had not fallen below 50 percent since the third quarter of 2016, when it stood at 38 percent, according to the aicpa survey read more →

avoid over-auditing with ‘document containers’

man's hands on computer keyboardtwo software apps to compare.

by roman h. kepczyk
quantum of paperless

traditional audit practices use the previous year’s audit programs and processes updated for the current year as their standard operating plan.

more: how to equip field auditors | why your firm needs procedure manuals | digital tax workflow requires a system, not projects | survey: 60% of firms employ remote access tools | collaboration should tie in messaging
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

eventually this can lead to a significant amount of “overauditing.” breaking this habit is difficult as every level of staff has been trained in the manual processes and falls back on them when deadlines approach.
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things change

businessman holding a wastebasket with a desktop computer in it“we have to use what has become almost universal if we want to be connected.”

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

innovation requires change, and many of us resist or are reluctant to change. but hopefully not me.

more: how an out-of-work tax preparer ‘saved’ our lives | getting by giving back | some mistakes i made | growing with a client | start with the cash | why a break-even analysis matters | how i owned a printing company and restaurant | kennedy’s acceptance speech | what consulting is
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i continually look for what’s new that can be adapted to what i am doing. sometimes it’s hard to keep up and it seems it is getting harder and harder.
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the top portable monitors for auditors

laptop with portable monitor attachedtest out mobile monitors before buying them in bulk.

by roman h. kepczyk
quantum of paperless

the advent of today’s audit “document container” applications has transitioned every aspect of audit production into a digital format.

more: why your firm needs procedure manuals | beyond email: new digital tools | who deletes documents and when? | the new risks in cloud efficiencies
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the key to successfully using these engagement applications is to make sure your personnel have the optimal equipment with them to work digitally. this includes multiple monitors, image capture equipment and remote communications capabilities.
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