diversify, and function as a fiduciary.

by anthony glomski

the first thing you and your clients should understand as investors looking to make smart financial decisions is this: thebroad asset classesyou choose to own (such as stocks, bonds, alternatives, real estate, private equity and so on) and the percentage of your household wealth that you allocate to each of those asset classeswill have a greater impact on your future investment returnsthananyother decision you make – including which individual stocks you buy.

more:preserving wealth is a different mindset|do you know your client’s total picture?|what level of advice do entrepreneurs need?|three approaches to investment consulting|the role of the personal cfo|three components of collaborative wealth management|2022世界杯32强赛程表时间
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this means your first question as intelligent investors must be: how should i allocate my assets among the major asset categories?
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drive long-term wealth with asset allocation

diversify, and function as a fiduciary.

by anthony glomski

the first thing you and your clients should understand as investors looking to make smart financial decisions is this: thebroad asset classesyou choose to own (such as stocks, bonds, alternatives, real estate, private equity and so on) and the percentage of your household wealth that you allocate to each of those asset classeswill have a greater impact on your future investment returnsthananyother decision you make – including which individual stocks you buy.

more:preserving wealth is a different mindset|do you know your client’s total picture?|what level of advice do entrepreneurs need?|three approaches to investment consulting|the role of the personal cfo|three components of collaborative wealth management|2022世界杯32强赛程表时间
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

this means your first question as intelligent investors must be: how should i allocate my assets among the major asset categories?
read more →

five cash reports you can’t live without

profits don’t mean a thing if they’re not represented by cash.

by ed mendlowitz
2022年世界杯赛程表时间

cash is the lifeblood of a business. cash amounts. cash flows. cash changes. no matter what anyone tells you, cash is the bottom line you must watch and accumulate.

more:the priorities were backward|2022年世界杯小组赛名单|the kpi an absentee manager needs
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simplistically, knowing your cash balance gives you a sense of how you are doing. if it goes up, you are making money – if it goes down, you are losing money.
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why firms shy away from cas

portrait of a cheerful businessman smiling at the cameraif you’re hesitating, consider these solutions.

by hitendra patil
client accounting services: the definitive success guide

why fall into the same trap that other firms have fallen into during their client accounting services journey? if you know what those traps are, you will save significant money and time in establishing your cas practice.

more:how to tell who fits cas|cas is an upgrade pitch|2022年世界杯预选赛时间|clients’ new expectations|what cas is and isn’t
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fortunately, the 卡塔尔世界杯常规比赛时间 cas survey identified which are the top five cas killers, for firms of different sizes, that the accounting profession has experienced.
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why value pricing works

and how marketing fits in.

by bruce marcus
professional services marketing 3.0

we’ve seen accounting and law professionals learn to work as partners with marketers. typical proponents of this new form of marketing are accountants who have learned to think and act like marketers, accountants who have developed new kinds of accounting firms and new kinds of governance structures. it’s a system that in at least one aspect draws upon a product marketing practice – in that the marketers participate in designing aspects of accounting and law practice.

more:how marketing has evolved|2022年世界杯赛程时间表|why competition matters most|nine fundamentals for a healthy marketing culture in an accounting firm

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

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it’s a system in which accountants relate to clients in more constructive ways, and in dialogues rather than monologues. in accounting firms in which the barriers between partners and associates who are skilled and talented have eroded, and client service teams that not only serve clients better, but function as marketing instruments, by virtue of developing better ways of demonstrating the possibilities of extended service.
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u.s. combat medics look to a.i. goggles

augmented reality goggles could someday be the difference between life and death on the battlefield. could the technology move to the mainstream with civilian paramedics?

by rick richardson
technology this week

the combat medic is the most important factor in surviving a battlefield injury. the medic is first on the scene and can administer help within the golden hour or even golden ten minutes. quick, effective medical procedures can be the difference between life and death.

more:only 19% of firms host email|52% of firms look outside for it support|2022卡塔尔世界杯决赛时间|pandemic changed work for 64%|pandemic? what pandemic?|m&a looms large for 30% of firms|today’s top 3 tech problems: security, client onboarding and workflow|today’s top 3 problems: staffing, workflow and tech
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

the defense advanced research projects agency (darpa) has selected raytheon bbn to lead a team to develop an augmented reality device that will provide the combat medic with a virtual assistant. the system will use a set of a.r. goggles to provide visual information on 50 different medical procedures.

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the goldmine at your fingertips

competition is intensifying, but proper service to one client base could be all you need.

by russ alan prince

in many ways, the accounting industry is under pressure. for example, fee compression is an issue for many accounting firms. more savvy and cost-sensitive clients are looking for a “bargain.” at the same time, competition for many of the services some accounting firms provide is intensifying. tax consulting, for instance, is being done by wealth managers, lawyers and even some life coaches.

more:what level of advice do entrepreneurs need?|three approaches to investment consulting|the role of the personal cfo|three components of collaborative wealth management|2022世界杯32强赛程表时间
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while many accounting firms are under pressure because of increased competition and more demanding clients, there are certain types of clients that prove exceedingly profitable.read more →

mergers: one stage or two?

when each is most common.

by marc rosenberg
cpa firm mergers: your complete guide

after settling financial and operating issues, we turn to two-stage vs. one-stage mergers.

more:buying a solo|23 questions for mergers of equals|selling your firm? what to expect|one times fees isn’t the only way|four reasons to fear a merger
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in the end, it’s all about the math.

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quiet quitting: are employers culturally aware?

a fad or a movement?

david bergstein and steven sacks chat about quiet quitting and how it may impact the accounting profession.

by steven sacks
2022年世界杯足球比赛赛程表

employees are not keen about returning to their offices after an almost two-and-a-half year (for some) hiatus from the hassle of commuting and balancing child care and other personal responsibilities. what are company leaders to do?
employees want to strike a balance between their work life and their family life (or life outside the office). the common employee refrain has been, “i want to find my life’s passion, and i need work flexibility to accomplish this.”

hmm.

more:don’t overlook office relationships|how to deliver authentic value|making the jump from small to mid-sized firm|what sets your firm apart … if anything?|why deadlines get missed|too busy? you may need to reprioritize|is it time to outsource?|five reasons you’re not swot-ready|who needs another meeting?|4 questions for cpa firm boards
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what about creating value and finding purpose and meaning from work? more to the point: can meaning and purpose be derived from a job?

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are you committed to your firm?

profile of woman with finger on her lips in there are times to be silent.

by martin bissett
passport to partnership

ask yourself and answer these questions when considering the current and future “commitment” behaviors that you’ll employ.

more:selling isn’t hard|how are you showing your commitment?|nine points to check before hello|2022世界杯32强赛程|five questions about your network|why clients struggle with growth|do you make your firm look good?|2022世界杯时间表
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

1 – what is my first reaction to being asked to work outside of my normal hours?

2 – how well do i understand the history and ethos of this firm and do i appreciate what the current partners have had to do to get this firm to where it can afford to pay me today?
read more →

15 tips for novice managers

how to prioritize instead of juggle.

by ed mendlowitz
2022年世界杯预选赛分组

q: my boss asked me to call you.

i am a staff accountant with five years experience. i am having a lot of stress trying to manage everything i have to do. i am juggling supervising people i don’t know how to supervise, being managed less by those above me and having to figure out more for myself – including things i never did before or in industries i never worked on previously, keeping current with changes in accounting rules and taxes (since i am more like a generalist and clients ask me everything), never seeming to have any free time, juggling my schedule because most of my clients are never ready when they say they will be and being accountable to my boss for everything i do plus what the staff working under me does.

more:when not to charge for an initial consultation|2022年世界杯赛程表及结果|世界杯欧洲预选赛直播平台|how to handle referrals with attorneys|2022世界杯晋级名单|thirteen things to know before selling your practice
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so how do i do it all? how can i prioritize all my responsibilities?
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survey: one in four firms replaces servers by schedule

more than 40% are less strict.

2022年足球世界杯晋级球队

for accounting firms with servers, the hardware is a critical component. that doesn’t mean it is treated with high concern, however.

more:survey: firms prefer dell servers|webroot tops virus fighters|you’re probably not reading this on an ipad|cloud backup declining|only 19% of firms host email|52% of firms look outside for it support
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

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secret to success? a growth and abundance mindset

transformation talks: mike maksymiw, cpa, cgma, says the secret to success and transformation in accounting is to be willing to learn, believe there’s enough work for everyone…and allow yourself to be vulnerable.

^ click to play video | > play the podcast andfollow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts hereorgrab the rss feed here.


transformation talks
with bill penczak
center for accounting transformation

center for accounting transformation
center for accounting transformation

after 16 years of working in firms, mike maksymiw, cpa, cgma, was done.

he went to his employer with his concerns about wanting to do something else. instead of encouragement to pursue another area in the firm, he was persuaded to remain on the partner track he was on. maksymiw decided he’d rather move on.

more on aprio:why tax work yearns to be free|the fintechflood: accounting will never be the same|top issues for 2022: talent, time and transformation|what’s in a (firm) name?

more:five lead generation mistakes to avoid|five post-tax season growth ideas|five better ways to say no|are you solving your clients’ problems?|five ways to grow: talent new service lines|business development and sales aren’t scary
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“i didn’t have anywhere to go when i left. i just knew i needed to go,” he said. “so, after, you know, a couple pandemic busy seasons, learning about the cares act, being a national leader at the firm at that, like i was toast. so, my family and i just went to hawaii stayed there for two weeks.”

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preserving wealth is a different mindset

businessman sitting on stacks of paper currencyhard-charging entrepreneurs might need to flip their risk perspective.

by anthony glomski

after helping clients sell a business, it’s crucial to focus on preserving wealth. this may require them to adopt a new mindset about their money, investing and risk.

more:do you know your client’s total picture?|what level of advice do entrepreneurs need?|three approaches to investment consulting|the role of the personal cfo|three components of collaborative wealth management|2022世界杯32强赛程表时间
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

in the old world, you could choosenotto help your clients with their investments. now it’s expected that at a minimum you will understand their investment plan and overall retirement plan. you don’t have to be the expert in every aspect of their financial plan, but youdoneed to make sure that all the different parts of the plan are aligned – and that all the other specialists working on behalf of your clients are aligned in their efforts.
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the priorities were backward

businessman sitting in office and reading documentswhat is the worst thing that could happen?

by ed mendlowitz
call me beforeyoudo anything: the art of accounting

when i was a junior accountant an eon ago, my boss would always give me the cash to reconcile or audit, the minutes to “abstract,” and the internal control questionnaire to go over with the controller or bookkeeper.

more:2022年世界杯小组赛名单|when an audit is a great thing|how to read a financial statement|the kpi an absentee manager needs|2022足球世界杯直播|世界杯预选赛直播欧洲
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then when i became a manager, i continued this practice of having lower-level staff perform these procedures. i now consult with many accounting firms and find it is still being done that way. i stopped it many years ago and wonder why it’s still widespread.
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your cd and dvd backups are rotting away

here are two suggestions for rescuing your old data.

by rick richardson
technology this week

attention, readers, this is your annual wake-up call!

all those cds and dvds you have burned over the last decade to back up your precious pictures, music and movies may have bit rot.

more:only 19% of firms host email|52% of firms look outside for it support|2022卡塔尔世界杯决赛时间|pandemic changed work for 64%|pandemic? what pandemic?|m&a looms large for 30% of firms|today’s top 3 tech problems: security, client onboarding and workflow|today’s top 3 problems: staffing, workflow and tech
goprocpa.comexclusively for pro members.log in hereor2022世界杯足球排名 today.

that’s right. they may be harmed by scratches or temperature and humidity variations. most commercial cds and dvds will survive better than custom discs, but they all are prone to damage after sitting for an extended period.

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