bissett bullet: setting the agenda
today’s bissett bullet: “take control of the first meeting with a potential client by gently setting the agenda at the beginning.”
by martin bissett
today's features
regenerative accounting: ingrid edstrom pioneers a holistic approach to financial practices
non-traditional thought leaders discuss innovative strategies for aligning values and professional work.
accounting arc
with donny shimamoto
center for accounting transformation
donny shimamoto, cpa, citp, cgma, hosts ingrid edstrom and matthew heggem, two accountants who are redefining the boundaries of their profession. their discussion provides a deep dive into innovative approaches to accounting that emphasize social impact, equity, and sustainability.
more: accounting arc: decoupling deib: a nuanced approach with jina etienne | accounting arc: what tech-savvy accountants know |accounting arc: where in the world are you seeing this? | accounting arc:breaking barriers – how becky dupree’s love for data analytics and her identity shaped her professional path | accounting arc: forecasting finance & the 2034 accounting landscape | accounting arc: top 10 strategies for managing growth | accounting arc: busting the big 4 myth | accounting arc: exploring ai’s role in modern accounting | accounting arc: unraveling the collapse of silicon valley bank | on a mission: introducing accounting, reaction, comedy (arc) | harper & co. cpas: the perspective of a non-accountant is imperative | menlo innovations: improve office culture by overhauling internal reviews | dustin wheeler: for serious cas success, hire tech teams | chase birky: overcoming paralysis by analysis |
exclusively for pro members. log in here or 2022世界杯足球排名 today.
edstrom, founder of priestess of profits, has transitioned from traditional accounting to business strategy, consulting, and coaching. her firm focuses on helping accounting professionals shift their limiting beliefs and align their work with their values. edstrom explains, “i no longer work for a living; i show up in my highest self in service, whether i’m getting paid for it or not.”
five reasons to ditch timesheets for good
you get what you measure.
by jody padar
radical pricing – by the radical cpa
when you measure time on timesheets, you are measuring a scarce commodity. there are only so many billable hours in a week.
more: productize services for consistent client value | digitize clients for standardization | six steps to creating a standardized practice | four ways automation pushes the paradigm shift | are you the key signal caller for your clients? | value pricing requires defining your clients | how value pricing impacts your employees | 6 steps to start value pricing | what are you selling? | three critical factors drive the value pricing trend
by measuring billable hours, you’re living in a world of scarcity. this is bound to affect your firm, both internally and externally.
report: efficiency still the top priority for accounting firms
tech’s the tool, but ai? not yet.
by 卡塔尔世界杯常规比赛时间 research
for the second year in a row, the thomson reuters state of tax professionals report finds that improving efficiency is the top strategy priority for accounting firms, but this year, for the first time, it ties with talent.
as the report notes, the two priorities are tightly linked in the sense that efficiency is linked to productivity. the former drives the latter.
more: is tech causing both cpa shortage and low salaries? | audit firms nervous about new tech | to replenish the talent pipeline, go back to the classroom | beware the work-life/workload doom spiral | why the dry pipeline? it’s about time | business model transformation: do it or die | whole person retention: when it’s not just the money | global trends show many dissatisfied cpas | more big firms shut their doors to new college grads | seven enticements to keep talent on board | let interns fix the staffing shortage? | disruptors: talent crisis? what talent crisis?
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the report is based on an international survey of 500 respondents, about half in the united states, with the rest in the united kingdom, canada, australia, brazil and argentina. data comes from the first quarter of 2024.
read more →
ai displacing more jobs in banking than other sectors
upskilling will be key to keeping staff.
by rick richardson
technology this week
according to citigroup inc., artificial intelligence (ai) will likely replace more positions in the banking sector than in any other. technology is going to transform consumer finance and make employees more productive.
more: your brain can store 10 times more than anyone thought | how many ev charging stations will we need? | google launches new private space feature | microsoft discovers a security flaw impacting android apps | what is an ai pc, and should i get one? | fool’s gold may not be so foolish now | ai-engineered enzyme could be solution to plastic pollution | german researchers develop ev motor with no rare-earth magnets | ai named the highest-paying in-demand tech skill for 2024
exclusively for pro members. log in here or 2022世界杯足球排名 today.
according to citigroup’s most recent ai assessment, roughly 54 percent of banking professions might be automated. ai technology has the potential to enhance an additional 12 percent of jobs within the business.