As a business owner, you know a strong accounting setup sets the strong business foundation. Accounting and bookkeeping have evolved a lot in recent years. More businesses are adopting cloud accounting technology. A cloud accounting system is more efficient than a manual system with fewer errors and costs in the long run. As a CPA…
DetailsWe endured a year full of hardships and joblessness due to the Coronavirus pandemic. CPA firms and accountants were no exceptions. Technological advancement and the fiercely competitive market had meant fewer revenues for CPAs already. If there are any positives to come by from the current crises, it can be to bounce back stronger with…
DetailsIf you are planning to grow your business in the ‘new normal’ of 2021, here’s a breakdown of the best remote working tools for CPAs. You have beaten a challenging last year. CPAs have been through such transitions in the past as well. The optimism with crises is to find opportunities for the future. If…
DetailsAs businesses continue exploring ways to sustain and thrive during this phase, we’ve enlisted 4 marketing strategies for CPAs to get your digital footprint off the ground.
DetailsGrow Your Practice by Turning Common Challenges into Competitive Advantages Accounting Firms Operations and Technology Survey 2016 (AFOT Survey) revealed top challenges faced by accounting and tax firms. 20 key findings from this survey indicate that some issues are commonly faced by a majority of your competitors. One in 3 accounting firms faces workflow efficiency challenges, despite…
DetailsWhat is the greatest challenge in Accounting profession? Continuously evolving technology? Ever growing complexity in regulations? Competition? Fee pressures? Staffing challenges? Succession issues? Relevancy? Changing client expectations? Indeed, these are challenges, but what is the greatest challenge in Accounting profession? “How do I grow my practice without the expensive investment that I need for growth?”…
DetailsYou Get This Result When You DON’T Attend Conferences & Trade Shows “Glad that I stopped by”, said Victor, at AICPA Tech+ Conference in Orlando, one of the topmost conferences in the Accounting profession. I asked him “and why are you saying that?” His answers shocked me. Victor (real name), was an experienced CPA. He was…
DetailsHave you ever said “Clients don’t appreciate my value”? Accountants can let clients dump on them. (Remember clients calling in and taking away 30 or more minutes, for free?). It is good if you want to hone your skills i.e. to “practice”, but terrible if you want respect (and earn your worth). You need to…
DetailsThe Only 3 Ways Accountants Earn Entrepreneur’s Trust Deliver These Three Results to Ensure Success of Your Practice Entrepreneurs deal with uncertainty, all the time. And they look to accountants to deliver them some kind of certainty in those uncertainties. When accountants consistently deliver an ability for entrepreneurs to navigate their uncertainties in a better…
DetailsA FUNctional Take On “The Cloud and Accounting Profession”. Cloud has clouded the accounting profession over the last few years. Many accountants are “on the cloud” already. Everyone else seems to have heard of the cloud. And the BIG question on their minds is: (Whether) To be on the cloud; or not to be ?…
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