leadership

leadership must focus on talent, talent, talent

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red rocket rising above white hot air balloonsacquisition vs. recruitment.

by anthony zecca
leading from the edge

in my recently published book, “leading from the edge – creating a standout, high-performing organization,” i focus on the leadership accounting firms need to succeed in a future driven by seismic disruptors.

more: teamwork drives firm success | the two sides of the culture coin | four accountability steps for firm success | how to build a standout team | five keys to becoming a high-performing firm | assessing your firm | the 4 traits of great cpa leaders
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

leadership has a responsibility and impact on creating the standout, high-performing talent necessary to drive the firm’s long-term strategy. we all understand and believe that at the end of each day, the firm’s greatest asset walks out the door (or in today’s world, disconnects). the quality of a firm’s talent directly relates to the success and performance of the firm.
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kenji kuramoto: rules? what rules?

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kill the 40-hr work week, online pricing, and all the other archaic accounting conventions. 

with liz farr for 卡塔尔世界杯常规比赛时间

how to develop procedures for bos

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process touch screen showing workflow designevery client needs a playbook.

by penny breslin
it’s not just the numbers

as back office support, you assist your clients in making timely and accurate business decisions. in the past, you worked on hourly billing doing compliance management. everything was about time.

more: proper workflow demands consistency | tips for getting clients started on bos | the best tech for your team and clients | marketing? know your goals first | eight things to stop doing now | you don’t have to do everything | why ai is not the enemy
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when you did work for a client, you may have billed out an $18-per-hour employee at a rate of $60 per hour. when your employee took the time to call the client for the documents, walked down the hall to ask someone how they had previously handled a transaction, then waited for a document to show up with nothing to do until it showed up – all of this time was billed hourly.
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how small firms can win the talent wars

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three young people working in an officegetting creative can bring in better talent and better clients.

by frank stitely
the relentless cpa

one afternoon, the partner group of our outsourced accounting practice met for a state of the practice meeting conducted by our director of outsourced accounting. our prior director left and we were looking for someone when one of our newbies asked if he could be considered.

more: easy ways to avoid ‘done but’ tax returns | six ways to create a millennial-friendly firm | do you know your turnaround time? | why hiring out of school works | leadership growth is a two-way street | quiet quitting: are employers culturally aware? | how to guide students into accounting | three strategies to keep emerging leaders engaged
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the 25-year-old had one year of experience, and we were chasing a controller-type person. the whole outsourced practice was in shambles. revenue was nil and any clients we had were unsatisfied.
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easy ways to avoid ‘done but’ tax returns

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meeting of six peoplechange mentality and ask better questions to eliminate bottlenecking.

by frank stitely
the relentless cpa

a project hung up in process is one where there is a disagreement between people involved in a project as to the status. for example, a client thinks he has answered your tax return questions, while you believe he has not. another example is when a tax return preparer believes a return is ready for review while the reviewer does not believe it’s ready.

more: six ways to create a millennial-friendly firm | do you know your turnaround time? | tax season client meetings: kill them now | leadership growth is a two-way street | 12 subjective factors for pricing your next engagement | the six pillars for finance transformation | three strategies to keep emerging leaders engaged
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the result of a hung-up project is a dead project – one that’s not moving to completion.
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facing busy season ’23: 99% of accountants suffer burnout

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webinar set to help yourself and your team.

by 卡塔尔世界杯常规比赛时间
via the center for transformation

finding qualified talent has long plagued the accounting profession. however, with covid-19 and remote work, the past three years have ushered in a new age of attrition and burnout.

the value of personal resilience: what accountants need to know

tuesday, jan. 17, 2023, 12 pm et.

cost: $10 for cpe/free for no cpe

click here to register or learn more

a july 2022 article in accountancy age explored a survey that showed 99% of accountants suffer from burnout, with 24% reporting medium-high to high levels of burnout.  further, that burnout is generally listed as why many cpas leave public accounting.

the survey, conducted by floqast, a provider of accounting workflow automation software, and the university of georgia, used the maslach burnout inventory (mbi)—the leading measure of burnout and validated by more than 35 years of research—in an accounting setting for the first time. using a 100-point scale, the survey covered three major areas of burnout: emotional exhaustion (ee), depersonalization (dp), and low sense of personal accomplishment (pa).

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six ways to create a millennial-friendly firm

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your firm’s future depends on successfully engaging younger clients and younger staff. here’s how.

by frank stitely
the relentless cpa

do you know why millennials can’t buy houses? avocado toast is expensive. how many millennials does it take to change a light bulb? none. they accept it for what it is. buy me a craft beer and i’ll tell you a half-dozen more.

more: do you know your turnaround time?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

now, here’s why you need millennials as clients and how they increase the efficiency of your firm.

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five questions to ask your partners about accountability

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three business colleagues arguing while seated at tablefive consequences when it’s lacking.

by august j. aquila
what makes a great partnership

why accountability now?

lack of accountability is not a new phenomenon. there are several factors that have caused accountability to become an important element of successful cpa firms today.

more:how you can get partners to change | the seven building blocks of a great partnership

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the external environment has changed and firms find themselves in an environment of:

  • scarcity of people. finding good staff and developing future partners still remain critical problems for the profession. one of the key issues facing firms today is the lack of future owners. this problem has reached epic proportions that firms are requiring more of their current owners and staff.

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the life insurance that your firm needs

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//www.g005e.com/2020/04/06/accountants-are-emergency-responders-who-will-help-us-recover-from-the-covid-19-crisis/

guarantee funding when your business needs it the most.

by russ alan prince
your $5 million high-net-worth practice

there are times because of death when key people in a company are lost. key person life insurance provides funds to a business to address the financial losses that can occur when a key person dies.

more: why you need a team of experts | why a virtual family office? why now? | is your client’s umbrella big enough? | your client’s instincts are wrong | preserving wealth is a different mindset | three approaches to investment consulting
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revenue losses can be offset, and money can be tapped to help ensure the business remains viable and doesn’t fail – for example, to find a replacement or train someone to take the job of the key person who died.

this is almost always the most cost-effective approach. additionally, key person life insurance pretty much guarantees the money required will be available when needed.

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workflow tools can deepen client relationships

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pixelated blue text "workflow" on binary code backgroundbonus case study: how we work with our direct small business clients

by penny breslin
it’s not just the numbers

managing tasks and workflow through email, handwritten notes, telephone messages or walking down the hall is a recipe for disaster. a web-based tasking app, preferably linked to your document management system, allows the back office support to inspect what they expect:

  • recurring tasks done on time and accurate load leveling of resources
  • audit trail of work
  • set up, review, make notes, share information and complete tasks while maintaining the relationship with the client

more: find the best tech for your team and clients | choose your little black dress of technology | pick your favorite clients | keep the accountants focused on accounting | what do you want advisory services to be?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

tasking applications come on the market regularly and there are a few that are specific to the accounting industry. they can run the gamut in price ranges and capabilities. from advance flow to 17 hats, a firm large to small can find one that will work and fulfill 80 percent of their needs. below are some we work with and that get high reviews with our staff:
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