today's features

ai + mri = diseases that doctors might miss

could this patented ai algorithm predict metabolic abnormalities up to a half-decade in advance?

by rick richardson
technology this week

an artificial intelligence platform developed by a british health tech business can analyze mri data to look for early signs of sickness. the company’s strategy, which employs imaging biomarkers, promises better disease diagnosis and treatment decision-making.

more: printer ink: not just expensive, but a blatant scam? | bill gates behind next-generation nuclear plant | electronic skin that can sense touch will transform robotics | four of today’s new technologies that will be tomorrow’s ‘norm’ | solar sensors detect wildfires early, saving lives, money
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twinn health claims to be advancing longevity and preventive healthcare thanks to a $500 million venture capital fund from saudi aramco.
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tax pros are expanding and earning more

study finds that more than half don’t want to grow.

by 卡塔尔世界杯常规比赛时间 research

tax preparers are pulling down some respectable bucks, and many are expanding their services to find more clients and handle more complex work, according to the 2023 tax professional fee study produced by the national association of tax professionals.

more: with fresh funding, irs shows service improvements | how tax practitioners became cybersecurity risks | top tax vendors caught red-handed selling private taxpayer data
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the study finds that a vast majority report raising their fees regularly. a solid 49 percent increases fees yearly and another 28 percent every two years. the most recent increases were 6 to 10 percent for 40 percent of respondents, though 34 percent limited themselves to 1 to 5 percent raises. nine percent jacked up fees by more than 16 percent.
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how to implement collaborative wealth management

closeup of two older businessmen talking

this is an ongoing process, not one and done.

by anthony glomski
your $5 million high-net-worth practice

just like starting a business or building a practice, most of your successful clients know that nothing truly valuable is free or easy. same goes for their pursuit of financial freedom. it will take hard work, discipline and smart thinking to overcome and solve those challenges.

more: five challenges of liquidating a business
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but what most type-a business owners, executives and professionals you work with don’t realize is that they don’t have to do it alone. there is plenty of help available to empower them to close the gap between where they are today and where they want to be down the road. chances are they’re going to reach out to reach out to you (their cpa) first for guidance. will you be ready when they call?
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the art of prompt engineering for accountants

the latest skill you didn’t know you needed.

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

with the rise of artificial intelligence tools such as chatgpt, accounting professionals need to add a new skill to their toolbox: prompt engineering. but don’t worry, it doesn’t have much to do with engineering, and the learning curve is quite achievable for everyone. the best part is that the payoff can be game-changing.

more: what can chatgpt do for accounting professionals? | grow your revenue with three marketing strategies | you’re missing 60% of your revenue | calculate your business relationship ratios | make the most of cpe conferences | set bold new goals for the rest of the year | generative ai: should you avoid it or adopt it?
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prompt engineering delves into a world where numbers meet language. while it might sound like a far cry from balance sheets, ledgers and tax forms, it’s an easy concept to understand. let’s dig into the basics and benefits of prompt engineering for accounting professionals.
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want higher profitability? turn to cas

man's hand drawing upward arrow labeled "profit"

the effects of various pricing strategies.

by hitendra patil
client accounting services: the definitive success guide

pricing your services correctly to ensure reasonable profitability is a major decision you will take in your client accounting services practice.

more: cas requires reaching out more | your cas engagement letter needs a reset option | help your clients run their businesses better | cas tech stack depends on cloud use | five ways to profit from cas | cas is a value pitch | accountants are perfect for virtual cfo roles | raise client expectations with cas | the why behind your cas why
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the accounting profession’s largest cas survey results revealed how cas firms price their cas offering:

  • the topmost method of pricing the cas offering is fixed/flat fee, used by 41 percent of the respondents.
  • the next common method of pricing cas is “mixed method of pricing” (a mix of hourly, fixed and value pricing), charged by 36 percent of respondents.
  • hourly billing method is used by 33 percent of respondents.
  • about 28 percent of respondents use value pricing as the method for cas pricing.

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