today's features

new tech turns bombed-out rubble into blocks for new homes

photo courtesy of https://www.crisisconstruction.com/

 

more affordable housing could be on the horizon. 

by rick richardson
technology this week

russia attacked ukraine 30 months ago, and during that time, hundreds of thousands of buildings were destroyed. soon, a new machine will start creating lego-like building blocks for new dwellings out of some of that debris.

more technology this week: discovery in california could power 375 million electric vehicles | lexar ssd expands storage for pro-level video | new pacemaker powered by light, no batteries | is nasa about to make air travel cheaper? | your brain can store 10 times more than anyone thought | microsoft discovers a security flaw impacting android apps | ai-engineered enzyme could be solution to plastic pollution | ai named the highest-paying in-demand tech skill for 2024 | lenovo readies new thinkbook laptop with a transparent display
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

according to nic matich – a cofounder of mobile crisis construction, an australian charity that created the equipment – “the idea is to recycle and use what’s there.” glass, garbage and old walls are ground into a fine mixture in a mill and combined with water, clay and cement in small amounts. after that, the device compacts everything into a block. after a few days of curing, the blocks are ready to be used to construct walls.

read more →

alicia katz pollock: create a human-centric business | the disruptors

give your team the resources they need to do the work that makes them happy. plus eight key takeaways.

[preview] the complete 1-hour video episode, with commentary and transcript, is first available exclusively to pro members. | go pro here

click here to load your apple podcast app. subscribe anywhere: applegoogle/youtubespotifyiheartdeezer, amazon music, audibleplayer fmaudacy, rss.

the disruptors
with liz farr

“alicia katz pollock proves that you don’t need to begin with an accounting degree or formal bookkeeping training to be a hugely helpful resource for the quickbooks community.”

more podcasts and videos:  nancy mcclelland: be the one your clients ask first |alan whitman: stop accepting the status quo | sean duncan: discover your own genius | ingrid edstrom: true wealth is not financial | caleb jenkins: firm growth requires owners to shift roles | chris hervochon: be the leader you want to work for | ira rosenbloom: don’t merge for the moneyadam lean: get out of the accountant’s trap |

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

pollock started teaching computers and microsoft products and used quickbooks in her business. then, people started asking her to teach them quickbooks. she ran her quickbooks set-up and methodology past a few bookkeepers, who told her, “alicia, you have a knack for this.” so she dove in to learn as much as she could and is today one of the go-to experts for quickbooks.

read more →

stop mixing up your v’s and losing your best people

when you take a value-based approach to your firm, you measure success in two ways.

by alan anderson, cpa
transforming audit for the future

those firms that value the chargeable hour above all risk losing their best team members. the ones who want to think, innovate and come up with creative ideas that add value to the client and the firm will leave.

more: empower your team by dumping c and d clients | the new formula for an accounting business | don’t risk losing good employees for bad clients | four questions to make your firm more successful as a business | say adios to audit fee pressure | deliver more audit value by getting out of the conference room | six essential elements in audit planning | before the audit: more than just planning | five crucial attributes for successful audit leadership | put the ethics code to work for your clients and your firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

my associate corey told me about his experience and why he left his last firm. see if this sounds familiar:

read more →

realign partners with monthly meetings

happy business professionals giving high five hand slap

everyone needs to be on the same page. here’s how.

by ed mendlowitz
202 questions and answers: managing an accounting practice

question: there seems to be disagreement among our partners on important issues in running our practice and we never seem to have time to discuss it or work things out. we are a three-partner firm with 15 employees and no one is designated as managing partner.

more: i’m 76. should i slow down? how? | who to hire when it’s time to grow | the top tip for reviewing tax returns | you can’t win with lowballing | yes, you have to share work papers | should you merge? here’s how to chart your path | hold staff accountable if you want them to listen to you | how to raise your rates | higher fees to start: ten ways to make your tax season better | three ways to start an accounting practice | free consultation? not always | referral fee? forget it | how much is your tax practice worth? | merge in lower-priced work without losing out
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

answer: a suggestion is to have monthly partner meetings out of the office and an annual retreat. both of these have been covered previously but i will add some new ideas here.
read more →

1 in 4 accounting professionals want more dei

two in three workplaces do no dei.

from the center for accounting transformation

about one-fourth of accounting professionals would like to increase their activity in dei programs, according to new research from the center for accounting transformation. however, only about 30 percent of accounting organizations implement dei initiatives.

findings reported during the webinar, “the dei journey of accounting professionals – a research study analysis.” see the webinar here.

use the 卡塔尔世界杯常规比赛时间 code “cpatransform-50” for 50 percent off at the center for accounting transformation

featured panelists included:

  • jina etienne, cpa, cgma, cde; founder & principal consultant, etienne consulting
  • mary bennett, mba, cia, cec; ceo, mlbennett consulting llc
  • stephani mason, cpa, ph.d.; associate professor, school of accountancy & mis, depaul driehaus college of business & kellstadt graduate school of business
  • claire costin, cpa, ph.d.; assistant professor, university of portland

underscoring the importance of linking dei efforts to business strategies to secure executive support, costin said, “many executives self-identified as bystanders in the dei journey, indicating a need for greater engagement at the top levels of organizations.”

read more →

ten great topics for your firm blog | listicle

by 卡塔尔世界杯常规比赛时间 research

creating engaging content for a cpa blog requires a mix of current tax news, evergreen accounting principles, practical advice and technology updates.

more listicles here

here are 10 topic ideas that can appeal to individuals and businesses, offering value through insight, guidance and the latest industry trends. read more →

how remote work is impacting accounting firms

remote worker at computer types on phone with dog nearby

question: can remote employees become partners?

by marc rosenberg
cpa firm staff: managing your #1 asset

remote work is undeniably changing how the cpa industry works. it’s been incredibly challenging for firms – from grappling with how to handle staff onboarding, training and mentoring to trying to maintain pre-pandemic client relationships and business development levels.

more: make work flexibility work for everyone | why staff leave cpa firms … and how to stop them | how to solve the big disconnect in talent management | what relevance means for staffing in accounting | how accounting staffing has changed
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

in light of the pandemic that began in 2020, rosenberg associates surveyed more than 130 firms in 2022 asking them a multitude of questions about what options they are offering their staff (remote, hybrid, in-person) and how remote work has impacted various aspects of their business, including business development, client relationships and staff development. our findings were enlightening in many ways and provided great insights. here are some of the results from that survey as they pertain to flexible work options and the effects on their staff:

read more →

joe kovacs: why the digital brand experience is essential | capstone conversations

capstone conversations
informal and informative discussions with leading growth strategists from the nation’s most dynamic cpa firms.

stream, listen, download, and subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: applegoogle/youtubespotifyiheartdeezer, amazon music and audibleplayer fmaudacy, rss

capstone conversations
by jean caragher
for 卡塔尔世界杯常规比赛时间

the greatest challenge in marketing cpa firms is understanding the role of technology and how different generations of clients and prospects want to engage, joe kovacs, marketing and biz dev director at councilor, buchanan & mitchell, tells jean caragher in this episode of capstone conversations.

follow jean caragher on 卡塔尔世界杯常规比赛时间 here. | get her best-selling handbook, the 90-day marketing plan for cpa firms, here | catch jean caragher’s other show, gear up for growth, on fridays here. | and browse all the shows in the 卡塔尔世界杯常规比赛时间 broadcast network here

“we need to stay current, not just in knowing the technology, but how consumers are using it and making decisions,” kovacs says. “especially since the pandemic, the digital brand experience has become essential. understanding that digital brand experience is essential. “it’s a never-ending challenge. it’s exciting but also a little terrifying sometimes.”

read more →

seven reasons marketing can make your firm a great place to work

woman and man in office high-fiving and giving thumbs up

it’s not just the marketing team who benefits.

by august j. aquila
price it right: how to value accounting services

developing a marketing culture within your accounting firm can indeed contribute to creating a great place to work. here are some ways a marketing culture can positively impact your accounting firm and enhance the work environment:

more: seven ways that marketing helps you retain clients | is pricing a marketing function? | analyze your firm to keep it current | three more strategies for growing your practice | understand the 10 steps of the buying process | calculate the cost of losing clients | eleven possible pitfalls of mergers | six ways to expand your client services checklist | ten questions to refine your successful marketing plan | four questions for choosing your marketing audit strategies | four steps to a successful email marketing campaign | five reasons to implement change orders
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

  1. strong brand identity: a marketing culture focuses on building a strong brand identity and reputation. when your accounting firm has clear brand positioning, employees feel proud to be associated with the organization and are more motivated to contribute to its success.

read more →

the joys of firing bad clients | gear up for growth

mike sylvester, ryan pulice: ten percent of your clients give you 90 percent of your problems.

listen, stream, download, share and subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: applegoogle/youtubespotifyiheartdeezer, amazon music and audibleplayer fmaudacy, rss.


gear up for growth
with jean caragher
for 卡塔尔世界杯常规比赛时间

demand for tax services has emboldened cpas to fire clients and to be deliberate about the clients they choose to work with. two practitioners share their strategies for accepting new clients through structured intake forms and firing clients who are not a good fit for their firms on gear up for growth, a new show hosted by jean caragher, president, capstone marketing, and powered by 卡塔尔世界杯常规比赛时间. 

gear up for growth spotlights the best strategies for smart and effficient growth in today’s competitive landscape. more gear up for growth every friday here.more capstone conversations with jean caragher every monday | more jean caragher here | get her best-selling handbook, the 90-day marketing plan for cpa firms, here | more 卡塔尔世界杯常规比赛时间 podcasts here

what started it for sbs cpa group was firing a large client. “it just took firing 7% of our client base,” says mike sylvester, managing partner, and realizing that our revenue went up, our staff was happier, our profit went up, and realizing that in this environment, you can easily replace them.

read more →

bissett bullet: the price is the price

today’s bissett bullet: “if you want to become a trusted advisor then there must be no discounting. the price is the price.”

by martin bissett

many, at the first sniff of fee resistance, will jump in with a discount to close the deal but what does that indicate to a potential client about your true value?

if you truly believe that your proposal is worth the price quoted then you must present it as such. maybe there is room for a negotiation conversation further down the line but never discount without obtaining something in return.

today’s to-do:

be ready to stand firm when you present your next proposal. practice explaining politely but firmly that you do not discount your services. if your next potential client were to dig their heels in on price, how much would you be prepared to negotiate and on what terms?

see more bissett bullets here

read more →

i’m 76. should i slow down? how?

senior man working at desk

many considerations factor into the best time to retire.

by ed mendlowitz
202 questions and answers: managing an accounting practice

question: i am 76 and am starting to think about slowing down and selling my practice. i am a sole practitioner with three bookkeepers and a secretary/admin person working for me. i have a nice spacious office in a small building i own.

more: who to hire when it’s time to grow | hourly billing doesn’t cover the value; now what? | should you merge? here’s how to chart your path | when selling a firm to staffers is tricky | want to merge? six steps to take | courting a client? don’t give too much away for free | every accounting firm needs quality control | measure knowledge gaps (then close them) | should you offer financial services? | thirteen things to consider before you sell your practice | how much is your tax practice worth? | ready to retire? selling your practice is no strategy
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

 

i have been approached by a larger firm that wants to buy my practice, but they want a guarantee of retention, and i was thinking of working with them for two years to ease the transition, and then sell. how do i set up the work arrangement?

also, they want me to move into their office, but then i will have to sell my office and the real estate market is soft. also, we will negotiate the price now (a percentage of gross) but how do i know they won’t change their mind, or what happens if the transition period is not good and i have to pull out? what do you suggest i do or how should i proceed?
read more →

byu students launch accounting tech platform | know how korner

free online learning platform offers real-world challenges in software solutions.

subscribe to 卡塔尔世界杯常规比赛时间 podcasts anywhere: applegoogle/youtubespotifyiheartdeezer, amazon music, audibleplayer fmaudacy, rss.

know how korner
with donny shimamoto
center for accounting transformation

in a world where technology evolves at lightning speed, staying ahead of the curve is crucial for professionals in any field, especially accounting.

more: center for accounting transformation

recognizing this need, a group of ambitious students from brigham young university has created techhub.training — a free online learning platform designed to help users from all skill levels master essential software tools and applications used in the accounting industry. read more →