by 卡塔尔世界杯常规比赛时间 research
tax preparers aren’t the only ones who suffer stress during the tax season. taxpayers suffer, too. most just want to pay what’s due and be done with it.
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so preparers would do themselves and their clients a favor with a special newsletter or blog post that helps everyone get organized and prepared. here are 10 topics to offer them. read more →
plus the appeal of rias.
by rory henry
the holistic guide to wealth management
why are accounting firms measured in revenue multiples while most other businesses are measured in ebitda multiples?
according to allan koltin, accounting industry transaction guru, there is no better reason than because that’s how we’ve always done it in the accounting profession.
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“accounting firms have zero ebitda; they clear out the register every year,” noted koltin. “when i talk to firms about private equity, i have to walk them back and explain how you’re going to create your own ebitda. and the biggest piece of it is what we call the ‘scrape of partner compensation.’ you’re making $1.2 million. can you live on $800,000 if we move that extra $400,000 into an ebitda category and put a multiple of 7x to 11x on that and get capital gain?” asked koltin.
“partners 55 and older love it. partners who are 35 are not so sure.”
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balancing tech, trust, and innovation.
accounting influencers
with rob brown
in a recent episode of the “accounting influencers” podcast, jason staats, a content creator and influencer in the accounting industry, shared insights on balancing innovation, mental health, and technology in today’s profession. staats, known for his ability to mix accounting expertise with entrepreneurial thinking, has become a prominent voice in the field.
staats’ mission is to help accountants and firm owners create enjoyable and sustainable ways to manage their practices. through platforms like twitter, linkedin, and youtube, staats encourages his audience to rethink traditional success in accounting.
“sometimes, we mistake working hard for working smart,” staats said. “running into the same wall for the tenth time isn’t progress—it’s a sign to rethink your approach.”
put technology to work for you.
by hitendra patil
client accounting services: the definitive success guide
in the desktop days, write-up, bookkeeping and accounting processes were perceived more as “data-entry” work. the price clients were willing to pay for data entry put so much pressure on fees that many firms found it is not worth the hassle.
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other services such as tax preparation, financial statements preparation, etc. brought in higher per-hour dollars than write-up, bookkeeping and accounting work could. such work got more and more “outsourced” by accounting firms to bookkeeping firms, freelancer bookkeepers and “processing” firms operated by non-cpas/non-accountants.
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by martin bissett