{"id":35578,"date":"2014-06-07t12:49:01","date_gmt":"2014-06-07t16:49:01","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=35578"},"modified":"2023-10-05t09:18:29","modified_gmt":"2023-10-05t13:18:29","slug":"the-8-traits-creating-the-firm-of-the-future-today","status":"publish","type":"post","link":"\/\/www.g005e.com\/2014\/06\/07\/the-8-traits-creating-the-firm-of-the-future-today\/","title":{"rendered":"the 8 traits creating the firm of the future today"},"content":{"rendered":"

\"futurea cpa firm in san francisco hires programmers! do you?<\/strong><\/p>\n

by hitendra patil<\/em>
\npransform<\/a><\/em><\/p>\n

several discussions across multiple thought leadership groups, industry experts and advisors have boiled down to the crux of the question for the future, i.e.: what is needed by cpa firms to become sustainably successful? what are these traits \u201cthe firm of the future\u201d must have? i think there are eight:<\/p>\n

1.\u00a0\u00a0\u00a0\u00a0 <\/b>redefine profitability<\/b><\/p>\n

when partners and talented accountants perform routine tasks such as scanning documents and data input, the leverage on intellectual capital reduces. that impacts profitability. and the well-settled definitions of profitability are getting unsettled by technology, new generation thinking and sea change in regulations. efficiency gave you optimal returns in your time. it won\u2019t in the future. your profits will be driven by the effectiveness of your combined intellectual capital (knowledge, wisdom) and your infrastructure (systems, software, communication channels). you will create measurable value for your clients and this value will drive your profits. it is all hinting to a complete overhaul of your pricing strategies, ground up.<\/p>\n

trait needed: effectively priced intellectual capital on demand<\/i> <\/i> read more →<\/a><\/p>\n