what if the staffing shortage is just a myth?
maybe the world just doen’t need as many accountants as we’ve thought?
by 卡塔尔世界杯常规比赛时间 research
special
use kpis to measure success
don’t just think you’re doing great; quantify it.
by jody padar
radical pricing – by the radical cpa
you’re well on your way to having a client-centric firm with up-front and value pricing. the next step is to determine your key performance indicators (kpis) and verify if those indicators make sense for your new firm.
more by jody padar
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to set your new kpis, you need to think about what’s important to your firm, your employees and your clients. develop them around specific firm values.
as you move through this pricing evolution, you’ll start to see your firm as a for-profit company in the professional services space. your new kpis should look at your team through the eyes of people who work at the firm as well as those who will value your services.
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alan anderson: applying jit concepts to the audit process
reduce audit time by 20% without reducing quality.
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by alan anderson, cpa
transforming audit for the future
for most audit firms, the concept of “just in time” means that the audit was completed and the financials were delivered “just in time” to meet the deadline. but in this webinar, alan anderson explains how concepts from just-in-time manufacturing can be applied to make audits more efficient, reducing time by at least 15-20% while also improving quality and customer service.
more alan anderson: are you using the right business model? | give advice while remaining independent | the new formula for an accounting business | don’t risk losing good employees for bad clients | four questions to make your firm more successful as a business | say adios to audit fee pressure | deliver more audit value by getting out of the conference room | six essential elements in audit planning | before the audit: more than just planning | five crucial attributes for successful audit leadership | put the ethics code to work for your clients and your firm | is audit in crisis because of definitions?
exclusively for pro members. log in here or 2022世界杯足球排名 today.
just-in-time manufacturing was devised to reduce inventory costs, downtime, and waste by following four sequential steps for every manufacturing process: design, build, inspect, and delivery. by analogy, the four steps of jit manufacturing correspond to the four audit phases of planning, fieldwork, review, and delivery. the raw materials of an audit consist of the trial balance and schedules supplied by the client, and the final deliverable is the audit report.
check these 41 items on business tax returns
a handy reviewer’s checklist.
by ed mendlowitz
tax season opportunity guide
client ________________________ year _____
prepared by ___________________ date _____
more by ed mendlowitz
exclusively for pro members. log in here or 2022世界杯足球排名 today.
notes: 1) the term “owners” will be used to refer to stockholders, partners or members, as the case may be. 2) even though “trial balance” is used in this checklist, you can use the company’s financial statements if those were what were used for the preparation of the tax return, or computer-generated statements.
following is a suggested checklist of things for the reviewer to consider:
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irs must speed up tax return processing
six steps to making it happen.
by 卡塔尔世界杯常规比赛时间 research
it’s hard to comprehend the job that the internal revenue service performs. every year, more than a quarter billion tax returns flood into the agency’s complex of pipelines. some 10,400 employees get to work on “submission processing.”
more: cut down your tax work in progress | steve yoss: unlocking business insight with power bis | quick tax tip | more than 1 million erc claims still not processed | art werner: the godfather and tax issues | quick tax tip | advanced tax preparers need managing, too | the top ten problems the irs still needs to fix | tax pros gear up for a better busy season | irs processing up; payouts down | help tax clients help you | four challenges of managing new tax preparers | irs funding pays eye-popping 415x roi | tax season 2025 begins. ready or not.
exclusively for pro members. log in here or 2022世界杯足球排名 today.
in most cases, one of the pipelines leads back to the taxpayer with a timely refund or a notice of additional tax liability.
but in many cases, glitches in the system burden taxpayers with onerous and frustrating challenges.
read more →
first tax filing reports are in
refunds are up; everything else is down.
by beth bellor
the first week of tax season is over! cue the applause!
some of you seem less than excited. we know it’s early. all too early.
more: steve yoss: unlocking business insight with power bis | quick tax tip | more than 1 million erc claims still not processed | art werner: the godfather and tax issues | quick tax tip | advanced tax preparers need managing, too | the top ten problems the irs still needs to fix | tax pros gear up for a better busy season | irs processing up; payouts down | help tax clients help you | four challenges of managing new tax preparers
exclusively for pro members. log in here or 2022世界杯足球排名 today.
still, it’s time to begin our weekly tally of how things are going, starting with 13.2 million individual income tax returns received as of jan. 31, down 14 percent from the same period in 2024. the total returns processed was 11.7 million, down 15.8 percent.
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cut down your tax work in progress
bonus: it’s cheaper than adding capacity.
by frank stitely
the relentless cpa
want to increase profitability and client retention? manage projects effectively.
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.
more by frank stitely
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there are only three ways to increase client happiness and thus increase retention:
- lower your prices
- decrease the turnaround time for client work
- increase quality
measure partner potential with five questions
plus how to read your firm’s cultural blueprint.
by martin bissett
passport to partnership
what conclusions can you draw from your knowledge of how the promotion system works in your firm that you need to keep in mind?
more by martin bissett
exclusively for pro members. log in here or 2022世界杯足球排名 today.
in terms of firm culture, you need to understand the four navigational points of the compass:
- who do i need to stay on the right side of?
- what are the unwritten rules in my firm?
- whose opinions can be trusted?
- what really impresses the partners?
stefan van duyvendijk: develop operational mindset | the disruptors
don’t just check the boxes. provide benefits.
sponsored by holistic guide to wealth retention, by rory henry – see today’s special offer
this is a preview. the complete 1-hour video episode, with commentary and transcript, is first available exclusively to pro members | go pro here
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the disruptors
with liz farr
stefan van duyvendijk, accounting operations evangelist at floqast, wants accountants in the industry to expand their roles.
in addition to the vital role of providing the basic requirements of accounting, he wants them to develop an operational mindset, as described in the book van duyvendijk co-authored with mike whitmire, ceo of floqast: shift happens: the rise of the operational mindset and how controllers can drive real value. liz farr served as a developmental editor.
more podcasts and videos: steve evans: why traditional hiring methods fail | roger knecht: can you be an accountrepreneur? | beth whitworth: focus on outcomes not hours | mike sylvester: learn to say no | salim omar: identify your client’s $100,000 problem | jackie meyer: earn more with fewer clients | jack fleherty: don’t be a ‘yes’ person | greg adams: from finance to storytelling | the disruptors | jody padar: make radical changes now if you want to be relevant in 2030 | rebecca driscoll: amplify reach by helping other firm owners | rory henry: create the return on relationships | mike maksymiw: be the leader you wish you had | terrell turner: build a solid business showing up as yourself | kelly mann: be the bull in the china shop | alicia katz pollock: create a human-centric business | nancy mcclelland: be the one your clients ask first |alan whitman: stop accepting the status quo | sean duncan: discover your own genius | ingrid edstrom: true wealth is not financial |
the operational mindset isn’t just about “making sure we make the product, and we move the product, and we get it to people,” but it means taking the discipline accountants already have for optimizing accounting processes and “taking that and applying it to our work and saying, ‘i’m going to track what i do in work. i’m going to measure what i do and work objectively so that i can go in and improve it and change it,’” van duyvendijk explains.
make the best use of technology
two questions to ask when choosing new tools.
by alan anderson, cpa
transforming audit for the future
for years, as i go around firms all across the country, i ask them, “do you honestly feel that you’ve achieved a substantial return on your investment of technology in the audit?” and they tell me, “well, we’re now at three monitors in the field.” i remind them that i didn’t ask about their use of computers and peripherals. every firm is using technology, but few evaluate the return on investment they’re getting.
more by alan anderson
exclusively for pro members. log in here or 2022世界杯足球排名 today.
i’m a huge believer of embracing technology, but i think we need to think differently about how we use it. in my view, the current state is nothing but tremendous opportunity for all of you to learn what all these new tools, from mindbridge to inflo and everything new that we haven’t even conceived of yet, can do. they all accomplish an objective. it’s just a matter of figuring out which one you want to do, and go and dive in.
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accounting profession sees some job losses
payroll earnings up 11 percent.
by 卡塔尔世界杯常规比赛时间 research
a bit up here, a bit down there is the story for january employment figures, the most recent data available. professional and business services saw little change, total nonfarm payroll employment rose by 143,000 and the national unemployment rate ticked down to 4.0 percent.
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there are 1,144,700 people employed in the accounting profession as of january, up 600 for the month but down 9,500 or 0.8 percent for the year. they average 35 hours, down 6 minutes for the month and 1 hour or 2.8 percent for the year. they earn $42.79, up 12 cents for the month and $1.58 or 3.8 percent for the year.
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ten topics for a tax preparer newsletter | listicle
steve yoss: unlock business insight with power bis | quick tax tip
revolutionize data visualization & interpretation.
quick tech talk
with steve yoss
cpe today