special

which clients are best for cas

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//www.g005e.com/2020/10/09/how-to-develop-the-cas-mindset/a baker’s dozen of questions to ask.

by hitendra patil
client accounting services: the definitive success guide

will your existing clients or prospects buy higher-priced and more services from you? if you ask them to, will they feel put off? if you do not ask, will you leave real money on the table? if you do not tell them about more services your firm is capable of providing, will they switch to another accounting firm simply because they were not aware of your other services?

more: cas is a value pitch | convince your firm of cas value | ten ways to tell a client is ready for cas | launch cas in just eight steps | who is the professional?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

pitching relevant services to clients and prospects is nearly a fine art. it is fraught with the risk of coming across as is you have only your own interest in mind. at the same time, clients and prospects may not even know that you offer such services or that they need those services. you can lose such opportunities even before you explore those with your clients/prospects.
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retiring partners are valuable assets

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smiling senior businesswoman holding eyeglasseswhy throw them out?

by august j. aquila
what makes a great partnership

there has been a lot of debate about the lack of future partners and how firms are going to survive from one generation to the next. and, at the same time, many firms may have an asset that they are getting ready to retire – their older partners. firms are so worried about generational differences in the workplace that they tend to forget about the value of their senior or older partners.

more: how to deal with underperforming partners | when ‘quiet quitting’ hits the partner ranks | 12 points of a good compensation plan | ten steps to a new managing partner | what managing partners must be doing | do your partners pay their own way? | how to create firm accountability
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

i am not suggesting or recommending that unproductive partners should be kept in the firm. these partners should be dealt with immediately, no matter what age they are.

however, i am suggesting that we look at senior partners as valuable assets and determine how we can best employ them.
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can better tech attract personnel?

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six ways work becomes more engaging with the right tools.

by 卡塔尔世界杯常规比赛时间 research

one of the accounting industry’s most persistent and worsening problems is the difficulty in hiring and retaining professionals. according to the 卡塔尔世界杯常规比赛时间 business barometer, 48 percent cite staffing as a critically problematic issue.

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

the pipeline is part of the problem. the supply of graduates with majors in accountancy has been dropping since 2015.

accounting firms can’t do much about the dwindling supply of professionals, but they can take action to attract those who are new to the trade.
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five stages of any business

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growing stacks of blocks with an arrow tracing upwardevolve from running a practice to leading a business.

by sandi leyva
the complete guide to marketing for tax & accounting firms

technology has allowed just about everyone to start their own businesses. we can do something part time, full time or in between. we can start and stop our businesses. we can be successful at lots of different business models. and we can go through stages of our business.

more: five ideas for more summer revenue | eight things to give new clients | five ideas for summer focus | four ways small firms can beat large ones | put your linkedin profile to work | leverage your client list today | why you need a link-in-bio tool | what’s in a (domain) name? plenty | need leads? try a quiz | five emotional skills for entrepreneurs | four tips for tough times
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

if you want to grow exponentially, or even linearly, you’ll need to progress. and before you can do that, it makes sense to figure out where you are now. here are five stages of business so you can see where you are now and where you want to go.
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fifteen steps to new partner buy-in

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plus the impact of ownership percentage on partner issues.

by marc rosenberg
how to bring in new partners

let’s go over structuring a new partner buy-in step by step.

more: what buying in actually means | why buying into a firm is such a great investment | the business side of cpa firms | it shouldn’t take so long to make partner | three types of skills you need to become a partner | seventeen basic expectations of partners | nine ways to woo a prospective partner
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

1. calculate the value of a cpa firm as accrual basis capital plus goodwill. goodwill is commonly expressed as a percentage of the firm’s annual revenue. this total value should not be given away to anyone without being paid for. bringing someone in as an owner in a profitable, viable business for little or no buy-in makes no sense.
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when clients remarry

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older couple on autumn walk with trees in backgroundsix questions to ask.

by ed mendlowitz
the 卡塔尔世界杯常规比赛时间 practice doctor

this is primarily a financial planning service for people who are in second marriages, and where there are children from prior marriages.

more on marketing: help heirs with tax issues | seven questions to suggest estate planning | 28 data points for a financial planning discussion | every client can use financial planning | four reasons to perform tax projections | four additional services to suggest
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

who needs this service

this is a valuable service for every remarried client who has children from a former marriage.
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how to transform your team into trusted advisors

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woman ladder binoculars city view outlook vision success climb adobestock_57204649.jpegare you looking in the wrong place?

the smartest route to advisory:
join the survey. get the roadmap

or scan this:

launch survey

by donny shimamoto, cpa, citp, cgma
the center for accounting transformation

there’s a secret lurking in the depths of the public accounting world. a hidden treasure, a powerful weapon that can catapult your firm to new heights of success. it’s called “advisory services.” and yet, despite its immense potential, many firms are not yet experiencing its transformative power. why? because they’re looking in the wrong place.

more donny shimamoto:  how trusted advisors transform businesses | the future of accounting: a vision of trust, clarity, and hope | donny shimamoto: future firm growth requires a mindshift | ai, ocr, nlp & cpas: oh my!   |  accounting nerds, unlock your super powers  | early adopters gain an edge in audit | dustin wheeler: for serious cas success, hire tech teams | csr for cpas: the missing ingredient | donny shimamoto explains how ‘agile’ applies to cpa firms |  staff retention for remote workers | why the future is in risk advisory |  ready for non-cpa “cpa” firms?
goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

the truth is, advisory services are not just about technical skills and compliance knowledge. it’s a whole different game. and if you want to play and win, you need to invest in your team’s development and give them the tools they need to become trusted advisors.
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train your clients before they train you

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taking unscheduled phone calls and meetings wrecks your bottom line and theirs.

by frank stitely
the relentless cpa

many of the behaviors you rationalize as good client service are just desperate measures to avoid losing bad clients.

more: why time tracking still matters | business owners face one of three exits | how small firms can win the talent wars | six ways to create a millennial-friendly firm | do you know your turnaround time?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

however, clients are trainable – at least as trainable as jack russell terriers. that is to say they’re somewhat trainable. however, like jack russell terriers, you train clients or they’ll train you. somebody’s getting trained. here’s an example of how that works.
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attract clients, don’t chase them

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focus on their needs, not yours.

by martin bissett
winning your first client

let’s start with two simple definitions to avoid any confusion:

  1. the purpose of marketing is to create the opportunity.
  2. the purpose of business development (sales) is to convert that opportunity into a paying client.

more: don’t think of it as selling | success in business comes second | business won’t come to you | forged in fire: the pains of leadership | a lesson in customer service and reputation | prioritize your prospects | good enough is not enough
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

when we meet with prospective clients – and i say this as someone who has sat in on many hundreds of meetings of this nature – we rarely give potential clients a reason to buy from us that they care about.
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chatgpt unlikely to replace accountants

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your job may be safe … for now.

by rick richardson
technology this week

even while there is rising concern about how generative ai can disrupt the world’s labor markets, accountants may be able to sigh with relief, even if only temporarily. recent studies show that my chosen profession may be spared replacement because the chatgpt language model doesn’t do well with math!

more: cancer vaccine available by 2030? | four of today’s new technologies that will be tomorrow’s ‘norm’ | cyber insurance costs rise in health care as attacks soar | phishing attack hackers have a new trick | chatgpt spurs competition in different ways | chatgpt: what it is. why you need to know.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the fastest-growing and most well-known ai platform to date – chatgpt’s artificial intelligence language model, which excels at behavioral learning, storytelling and other creative tasks – has prompted questions about its potential to enable students to cheat on assignments and exams. however, the bot passed the bar exam with a 90th percentile score, completed 13 out of 15 ap tests, and scored almost perfectly on the graduate record exam (gre).
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where is your firm in its lifecycle?

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//www.g005e.com/2023/05/08/the-future-of-accounting-a-vision-of-trust-clarity-and-hope/how to change if you don’t like what you learn.

by ed mendlowitz
77 ways to wow!

a while ago i gave a speech on business performance measurement and, to prepare, i searched online and found many books on performance measurement, but they were for personnel performance, not for businesses where i found only a dismal few.

more: wow clients with trend analysis | trends are all around us | how to prepare business plan financial projections | the top 11 financial statement ratios | eight ways to value a family-owned business | are you ready for a co-owner to drop dead? | charity directors must take theft seriously | forensic techniques can be fraud deterrence | the hazards of poor internal controls
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

however, that’s what i have been doing my entire career, so i was able to put together an enlightening presentation. that also got me thinking about the areas business owners and managers should concentrate on to improve their business’ performance.

for starters, here are three basic premises:
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nurture referrals from wealthy clients

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female executive greeting couplesix steps to maximizing opportunities.

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

as part of the discovery process, you are ascertaining who your wealthy clients can refer to you. in empirical study after study, accountants (as well as other professionals) say that they get most of their client referrals from their current clients. they also say that this happens because they do an excellent job for their clients.

more: what your wealthy clients aren’t telling you | here’s where your next $5 million is coming from | four steps to a high-net-worth practice | three ways the wealthy use life insurance | help clients avoid fallout from personal complications | why tax planning matters so much to the wealthy
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

another insight we find in the research is that very few professionals are doing much to foster getting referrals from their highly satisfied clients.
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accounting jobs up 4% for year

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payroll services up over 7 percent.

by beth bellor
卡塔尔世界杯常规比赛时间 research

employment in the accounting profession continues to climb, according to the most recent federal jobs data. new highs were set in

  • employment overall and for staff, cpa firm staff, payroll, payroll staff, bookkeeping and women
  • earnings overall and for staff, and for payroll staff

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

total nonfarm payroll employment rose by 339,000 in may, with the unemployment rate ticking up by 0.3 percentage point to 3.7 percent. the professional and business services sector added 64,000 jobs, similar to april.
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