today's features

three ways to run a break-even analysis

woman working on calculator in front of two computer monitorshow to tell what the profit should be.

by ed mendlowitz
77 ways to wow!

break-even analysis is a budgetary process designed to tell you how much sales are needed to break even, and how much you will make or lose if you exceed or fall short of this “break-even” sales amount. properly used, it can become a very potent tool.

more: the top 11 financial statement ratios | insurance you might not know you need | solos need plans for death, disability | you don’t need this, but your survivors do | five ways to ward off fraud in not-for-profits | client hires new manager: you need a plan | anatomy of a fraud
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in a break-even analysis, all costs and expenses must be separated into “fixed” and “variable” categories. designations such as “costs of goods sold,” “selling” or “general and administrative” are irrelevant.
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chase birky: overcoming paralysis by analysis

be the author of your own story and chart a path not subject to the control and opinions of others.

^ click to play video | > play the podcast and follow 卡塔尔世界杯常规比赛时间 podcasts on apple podcasts here or grab the rss feed here.

transformation talks
with bill penczak
center for accounting transformation

center for accounting transformation
center for accounting transformation

entrepreneurs in the accounting profession are rare, according to chase birky, president and ceo of dark horse cpas. and he should know.

he had to take an uncomfortable step outside of his own comfort zone to become one.

more: secret to success? a growth and abundance mindset | o.d. lanier: stepping into advisory | from tax to transformation | early adopters gain an edge in audit | why the future is in risk advisory | four strategies for a future ready firm
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after starting out in audit at a big 4 right out of college, he decided it was no longer what he wanted to do.

“i started an audit specifically, you know, not really having a great idea of what audit truly was, you know, because you take the courses in your undergrad, and you know, you have a section of it on the cpa exam,” birky explained. “but what that material is versus what the job is, you know, are two very different things.”

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irs has big plans for its $80 billion

the cbo projects $180 billion more in revenues.

by 卡塔尔世界杯常规比赛时间 research

the irs has revealed its strategic operating plan for fy2023-2031, the period when the service will expend the $80 billion infusion granted by the inflation reduction act.

more: can’t irs tax pro accounts do more? | hello? irs? anybody home? | taxpayer assistance centers need upgrade | at the irs, short on staff means short on service | why the irs is still doing data entry by hand | news on irs is maybe sort of a little bit good
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the sop is big, but is it big in the right places?
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six ways cas grows revenue

businessman ogling money over another's shoulderbonus: results of a professionwide survey.

by hitendra patil
client accounting services: the definitive success guide

the cloud makes it possible – no, it makes it inevitable – for smart business owners to focus on their core business and let professional accountants take care of accounting, including transactional work (to be done accurately).

more: get sticky with cas | the why behind your cas why | who is the professional?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

this new possibility gives rise to cas opportunities for accountants to work in collaboration with business owners in real time.
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how do firm leaders learn?

the four essential pillars for continuous learning

by w. michael hsu, cpa

as a firm leader, you know that you need new software, services, processes, and tactics…something that is going to take your firm to the next level. but how do you get there?

more w. michael hsu: seven principles to work less and achieve morehow do firm leaders learn?why your approach to cas and cfo services is wrongwhen it comes to pricing, it’s about ‘can’t afford not to’your client base is global |

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

the tools and processes you use to get you to the next level have to come from or are signed off by you. so, who is teaching you? if you took the leap into a new service area and don’t know where you will land, you can’t turn to staff. they are looking to you for the answers.

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