today's features

implement these two daily rituals

calm balanced businessman sitting outdoors on bench in yoga lotus pose meditating, with office building and blue sky in background

bonus: lists to help you focus and measure.

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

there’s something special about the word ritual. it sounds sacred, like you wouldn’t dare break it.

it sounds a little mysterious, as if there’s a component you can’t quite control. and it sounds colorful, like something full of character that you would never get bored of.

more: three ways to follow up with prospects | are you throwing away profits? | three steps to becoming a millionaire | how to use chatgpt to create images | create a bad website in ten easy steps | leverage your strengths to beat stress | are you crossing off your business bucket list? | ten ways to make your business irresistible | five ways to target the low-hanging fruit | are your revenue projections realistic?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

we don’t think about rituals much when it comes to business, but i think we should. what rituals could you create in your business that will rev up your revenues? here are two ideas to get your engines started.
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bissett bullet: a.c.c.o.u.n.t.s.

today’s bissett bullet: “a pipeline is essentially a list of people we would like to bring value to, but how can we use it to forecast new business?”

by martin bissett

how can you tell which of your potential clients are really looking to work with you and which are wasting your time?

introducing the a.c.c.o.u.n.t.s system. grading your prospects using a binary scoring choice – 0 for no, 10 for yes – to each of the following criteria will help you to determine who will want to work with you and who may just be comparing prices.

answer – can we solve their problems?
10 = yes, 0 = no

cash – can they afford us?
10 = yes, 0 = no

convince – do we need to convince anyone else in the business?
10 = yes, 0 = no

objections – are there any major objections unresolved?
10 = yes, 0 = no

undertake – is this work we actually want?
10 = yes, 0 = no

necessity – do they feel the need/urgency for change?
10 = yes, 0 = no

timing – is the next meeting date in the diary?
10 = yes, 0 = no

signatory – does your proposal need someone else to sign it off?
10 = yes, 0 = no

the higher your score, the more likely you will win the work. got 6 yeses? there’s a 60 percent chance you will win the work. now, what do you need to do to change the 0s to 10s?

today’s to-do:

start to grade your pipeline against the a.c.c.o.u.n.t.s. system to help you prioritize your efforts and forecast new business in any given week or month.

see more bissett bullets here

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tax law is driving practice development

bar chart

virtual communication, hybrid work environments still pose challenges.

by 卡塔尔世界杯常规比赛时间 research

new laws and regulations now rank as the primary management challenge at accounting practices around the world, according to a report from caseware.

more: olympics of outsourcing and offshoring for accountants | new study: strong and steady growth for accountant jobs and salaries | turnover timebomb: 4 of 5 senior managers at risk | are client services a fourth-rate priority? | revenues rising as pricing models evolve | 150 credit hours: helping or hindering? | can’t recruit? retain! | the accountant as a strategic business partner | report: efficiency still the top priority for accounting firms | is tech causing both cpa shortage and low salaries? | audit firms nervous about new tech | staffing tops list of woes at cpa firms | to replenish the talent pipeline, go back to the classroom | beware the work-life/workload doom spiral
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

and though the difficulty, and even impossibility, of meeting all legal requirements is a massive challenge, meeting that challenge is a driver of rapid change in the industry. this is evidenced by the second-most serious challenge, adopting new technologies – technologies directly or indirectly aimed at meeting legal requirements.
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how we solve the accounting talent pipeline problem | accounting influencers

“it’s not just debits and credits.”

 

accounting influencers
with rob brown

look into potential solutions for the alarming talent shortage with sue coffey, ceo of public accounting at the aicpa, and lexy kessler, partner at aprio and chair of the aicpa’s national pipeline advisory group, in this episode of accounting influencers, hosted by rob brown.

more accounting influencers with rob brown here

coffey and kessler discuss the overwhelming evidence pointing to a significant talent pipeline issue in accounting, including declining enrolment in accounting programs, fewer students pursuing the cpa credential, and challenges in retaining young professionals in their first five years of employment. but can the profession overcome this challenge?

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accountants in pop culture: myths, realities, and stereotypes – accounting arc

from “the office” to “parks and recreation,” listen in on how tv and movies shape our view of accountants.

accounting arc
with liz mason, byron patrick, and donny shimamoto.
center for accounting transformation

accountants are often depicted in popular culture in ways that range from humorous to downright exaggerated. in a recent episode of arc, hosts liz mason, cpa; byron patrick, cpa.citp, cgma; and donny shimamoto, cpa.citp, cgma, delve into these portrayals, discussing their favorite fictional accountants and the stereotypes that come with them. 

more accounting arc

patrick, vice president of client success at the b3 method institute, starts the conversation with “the office,” where characters like oscar, kevin, and angela offer a comedic take on the profession. “the beauty of ‘the office’ is in its exaggerated realism,” patrick explains. angela’s strict, by-the-book approach and kevin’s more laid-back attitude reflect common perceptions of accountants. “they were the butt of many jokes, but also some of my favorite accountants to watch,” he adds. 

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