today's features

bissett bullet: who is malcolm bishop?

today’s bissett bullet: “i have received calls, emails and proposals in several different names. malcolm bishop is but one example. how many of those do you think successfully resulted in us doing business together?

by martin bissett

a person’s name is their main identity, the way in which they are differentiated from everybody else. misspelling that name is sloppy, using the wrong name altogether is unforgivable and if either doesn’t end the relationship there and then, they will certainly take the shine off the bond that you are attempting to establish.

be sure. never assume that you have heard correctly or have the correct spelling of somebody’s name if you’re hoping to build a relationship with them.

today’s to-do:

who do you need to contact or respond to this week? double check their name, email address, website and linkedin profile to ensure that you are addressing them correctly.

see more bissett bullets here

read more →

what if the staffing shortage is just a myth?

man tearing a piece of paper in half

is everything we think we know wrong?

by 卡塔尔世界杯常规比赛时间 research

for years, the accounting industry has been suffering from a chronic shortage of qualified professionals. decreasing numbers of students are majoring in accounting while increasing numbers of accountants ditch the profession in search of better pay, less stress, or just plain retirement.

more: staffing, tech, prices top tax pros’ concerns | five ways to fill the staffing gap | top 10 red flags to watch for in accounting offices | arc | deals 2024: over 100 cpa firm mergers and acquisitions | barry melancon: private equity and the partnership | gear up for growth | does your firm suffer cultural deficiencies? | audit fees continue to climb | cfos see ai as top risk and opportunity | does accounting belong in stem? | accounting arc | opportunity awaits incoming aicpa ceo | artificial intelligence may already be plateauing | ten ways to manage price increases | survey says 57% of firms are raising prices next year | how will private equity impact accounting careers?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

but what if the problem was simply about supply and demand? what if there wasn’t enough demand for accounting talent to maintain supply? two university researchers have a new theory that could upend everything we think we know about the so-called staffing shortage.

read more →

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

 

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.
read more →

alan anderson: applying jit concepts to the audit process

reduce audit time by 20% without reducing quality.

subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: applegoogle/youtubespotifyiheartdeezer, amazon music, audibleplayer fmaudacy, rss.

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?
goprocpa.comexclusively 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.  

read more →

check these 41 items on business tax returns

woman's hand using a pencil on notepad

a handy reviewer’s checklist.

by ed mendlowitz
tax season opportunity guide

client ________________________ year _____

prepared by ___________________ date _____

more by ed mendlowitz
goprocpa.comexclusively 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:
read more →