How CPAs Can Diversify Their Business

How CPAs Can Diversify Their Business

We 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…

Accountants: Competitive Advantages to Grow Your Practice

These Common Challenges Actually Grow Your Practice

Grow 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…

THE GREATEST CHALLENGE IN ACCOUNTING PROFESSION

The Greatest Challenge in Accounting Profession

What 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?”…

Pransform exhibits at leading conferencess of the Accounting Professsion

You Get This Result When You DON’T Attend Conferences

You 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…