leadership

the fintech flood: accounting will never be the same

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venture capital and private equity are pouring billions into financial technology start-ups. and this business will never be the same.

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with rick telberg
for 卡塔尔世界杯常规比赛时间

a tsunami of venture capital and private equity is flooding into new tech startups, enough to swamp the entire tax, accounting, bookkeeping, and payroll sector, according to a new study by 卡塔尔世界杯常规比赛时间.

more: how private equity changes everything | the fintech flood: accounting will never be the same | the disruptors: re-inventing accounting with tyler anderson |  the disruptors: how to scale with new padgett coo amanda aguillard | eat that frog: asking for a prospect meeting | growing revenue through client service | lease accounting is about to get very real | google ads for new tax season clients | exclusive: eisner ceo charly weinstein explains the private equity deal  | flash briefing: a “call to arms” after private equity deal | four ways to beat the staffing shortage, with pasha malik

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download the slide deck here.

here, 卡塔尔世界杯常规比赛时间 founder, publisher, and editor rick telberg delivers the keynote at the new york finance & accounting show, explaining what it means for the future of the profession, including:

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the disruptors: when financial statements go extinct with corey schmidt

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watch the video or listen to the podcast.

 


follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts here or grab the rss feed here.

the disruptors with liz farr

corey schmidt’s take-aways

  • offer your staff different paths to being successful.
  • pinpoint the talents you have on your staff, and nurture those special skills.
  • carve out time for people to work on those skills, not just the backlog.
  • challenge your people earlier in their careers so they have three years of experience rather than one year repeated three times.
  • create roles for the kinds of skills your people have.

more: the disruptors: re-inventing accounting with tyler anderson |  the disruptors: how to scale with new padgett coo amanda aguillard | eat that frog: asking for a prospect meeting | growing revenue through client service | lease accounting is about to get very real | google ads for new tax season clients | exclusive: eisner ceo charly weinstein explains the private equity deal  | flash briefing: a “call to arms” after private equity deal | four ways to beat the staffing shortage, with pasha malik

goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

  • a forgotten metric is client happiness. if we provide a service that makes them feel good about what they’re getting, they’re going to be willing to pay more and will stick around much longer.
  • firms should own who they are. a firm with a hard-driving culture that values working long hours should seek out team members who like that kind of work culture.
  • think about where you want to be in five years, and start hiring people who fit that kind of work culture. build in the people, processes and systems around that end goal.

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turn process into profit

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pixelated blue text "workflow" on binary code backgroundit might be time for a new 80-20 rule.

by jody grunden
building the virtual cfo firm in the cloud

as a business grows, it becomes necessary to systemize the processes in order to increase the team’s efficiency and deliver a consistent experience for clients.

more: three keys to client file security | cybersecurity poses challenges for virtual firms | check the roi of new tools | is that shiny new software your best choice? | distributed firms need different tech suites | a tech stipend for employees? why not?
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one of the challenges that comes with creating systems can be getting every team member on board with the process you want to put in place. for example, joe may have one way of doing things, while karen does them another way and susie yet another.
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why map programs are essential

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cpe isn’t the only reason to attend a program.

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

i attend management of accounting practice (map) cpe programs. in many instances these do not qualify toward the mandatory cpe requirements. who cares?

more: how to become a specialist | secrets in specialties | making sure the son got proper credit | yes, shirt logos can matter | 10 more reasons cpas quit public accounting | family trees of clients
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i go because i want to make more money, work more effectively, service clients better, excite and retain staff, and have more fun doing what i love to do and have to do anyway.
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