advisory & consulting

help pros become experts through thought leadership

by

businessman smiling and talking on phonebe certain to track results.

by anthony glomski and russ alan prince
your $5-million high-net-worth practice

an approach you can use and one that can strongly differentiate you from your competitors is to add value that helps the professionals reach their goals and become more successful. some of the more viable approaches involve helping them become thought leaders and providing them with turnkey business development solutions.

more: where to find wealthy clients | how everyone can win | five questions for your high-net-worth practice | take time to tune your practice goals | nurture referrals from wealthy clients | what your wealthy clients aren’t telling you | here’s where your next $5 million is coming from | four steps to a high-net-worth practice | three ways the wealthy use life insurance | help clients avoid fallout from personal complications | why tax planning matters so much to the wealthy
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

adding value with thought leadership: becoming a thought leader is one way just about any professional can become significantly more successful.
read more →

use constraints to make improvements

by

scrambled thoughts enter man's head, straightened ones come outif you want different results, you must change the system.

by ed mendlowitz
77 ways to wow!

something is blocking the business from achieving its goal of making more money.

that something is what dr. eli m. goldratt, one of the world’s most sought-after business leaders and authors, calls a constraint.

more: ten strategies for smart collections | be wary of discounting prices | where is your firm in its lifecycle? | six kinds of loan covenants | what’s more profitable, raising or lowering prices? | insurance you might not know you need | solos need plans for death, disability | you don’t need this, but your survivors do
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

a constraint is any element or factor that prevents a system from achieving a higher level of performance with respect to its goals. goldratt developed the theory of constraints (toc) to manage business systems better. it is a management philosophy of focusing on the system constraint.
read more →

how hacker-proof is your firm?

by

thieves always build a better mousetrap, so stay vigilant.

by donny shimamoto, cpa, citp, cgma
on cybersecurity for accountants

in 2018, fraudsters posed as tax authorities and state accounting and tax professional associations. these were simple phishing attacks trying to get tax practitioners’ email usernames and passwords, allowing fraudsters to obtain client contact information and perform email-based password resets for other systems.

more:  future firm growth requires a mindshift | ai, ocr, nlp & cpas: oh my!   |  accounting nerds, unlock your super powers  | early adopters gain an edge in audit | dustin wheeler: for serious cas success, hire tech teams | csr for cpas: the missing ingredient | donny shimamoto explains how ‘agile’ applies to cpa firms |  staff retention for remote workers | why the future is in risk advisory |  ready for non-cpa “cpa” firms?
goprocpa.com exclusively for pro members. log in here or 2022世界杯足球排名 today.

the irs reported seeing threats specifically targeting preparers in illinois, iowa, new jersey and north carolina. additionally, the irs received reports tied to a canadian accounting association.[i]

read more →

five ways to overcome cas staffing challenges

by

number 5 drawn in sandquestion your processes at every step.

by hitendra patil
client accounting services: the definitive success guide

when we asked firms what is stopping you from offering client accounting services, their top response was that they don’t have the staffing.

more: raise cas awareness among your clients | five ways to profit from cas | cas is a value pitch | accountants are perfect for virtual cfo roles | raise client expectations with cas
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the #1 cas killer that emerged from the cas survey results is, unfortunately, also the most misconceived perception. it is a myth.
read more →

is your cas practice trapping you?

by

look for these five signs and implement simple changes to get back the life you want.

by w. michael hsu

are you working tirelessly but not seeing the benefits and results you deserve?  essentially, do you feel trapped in the cycle of your business? if so, you’re not alone.

more w. michael hsu: seven principles to work less and achieve more |  how do firm leaders learn? | why your approach to cas and cfo services is wrong | when 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.

many firm owners and the entrepreneurs they serve feel exhausted by their businesses, but it doesn’t have to be that way.

but we can identify common signs that your business is trapping you and show you how to optimize for freedom. by addressing these issues and implementing some simple strategies, you can reduce stress, achieve more, and live a life you love.

5 ways your firm is trapping you read more →

jody padar: build a practice that works for you, not vice-versa. 

by

if you can’t change your pricing or your customers, it doesn’t matter how efficient you are

subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: apple, google, spotify, iheart, deezer, amazon music and audible, player fm, audacy, gaana (india), and boomplay (africa).

the disruptors
with liz farr for 卡塔尔世界杯常规比赛时间

jody padar, the author of the radical cpa, has been shaking things up in the accounting world for years. but today, firms are at a boiling point, limited by supply and demand. “you only have so many people doing the work. and what are you going to do? you can’t make the work up. it’s got to get done,” padar said.

more: jody padar here

podcasts and videos:  peter margaritis: the power skills every accountant needs | joe montgomery: find the sweet spot of the right clients, right services and right prices | marie green: your bad apples are ruining you | megan genest tarnow: hire for curiosity rather than compliance | clayton oates: one way to keep clients for life | randy crabtree: follow these three rules to keep employees happy | erik solbakken: yes, you can work less and make more | donny shimamoto: future firm growth requires a mindshift | jennifer wilson: empower young workers to build the firm everyone loves | mike whitmire: re-think your hiring and training practices | hector garcia: success strategies of a quickbooks youtube superstar | blake oliver: why tax work yearns to be free| private equity explodes in u.k. | brannon poe: the status quo must go  | accounting nerds, unlock your super powers  | disruptor: jason statts shakes up the status quo | think small to think big with matt wilkinson | when financial statements go extinct with corey schmidt | can geraldine carter save accountants from themselves? | re-inventing accounting with tyler anderson

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

the old business model was taking whoever walked in and billing by the hour. but today, we don’t have the capacity. “there’s so much work out there,” she explained.  “i have not heard any accountants say that they are looking for work. they’re all saying, ‘stop, go away. i don’t have the resources to serve you.’”
read more →

four core principles of elite wealth management

by

you may have to reorient your thinking.

by russ alan prince

the four core principles are not malleable or debatable for accounting firms that want to provide the highest quality wealth management expertise and an extraordinary experience to clients. let us take a closer look at these four core principles.

more: why accountants don’t get referrals from wealth managers | the biggest obstacle to taking your firm upmarket | wealthy drive expansion of family offices | build your high-performing family office practice | are you missing maximum potential?
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

core principle #1: the primary goal of an elite wealth management practice is to help optimize the financial lives of clients

the goal of an accounting firm’s elite wealth management practice is not to generate more revenues for the firm. that will undoubtedly happen, but that is not the goal. with elite wealth management, providing financial strategies and products is the way to help optimize clients’ financial lives.
read more →

help clients with employment compensation

by

older man and younger man in meetingyou might find yourself negotiating a contract.

by ed mendlowitz
how to build a stronger tax practice

this service includes employment contract negotiations and executive compensation review and planning.

more on marketing: how to guide clients through divorce | how to assist investment clubs | when clients remarry | seven questions to suggest estate planning | four reasons to perform tax projections
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

who needs this service

every client employed by a mid- to large-size company or a public company will need some sort of employment compensation assistance.
read more →