{"id":105252,"date":"2022-11-27t12:02:21","date_gmt":"2022-11-27t17:02:21","guid":{"rendered":"\/\/www.g005e.com\/?p=105252"},"modified":"2024-08-07t23:10:11","modified_gmt":"2024-08-08t03:10:11","slug":"six-ways-that-cas-processes-are-different","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/11\/27\/six-ways-that-cas-processes-are-different\/","title":{"rendered":"six ways that cas processes are different"},"content":{"rendered":"

\"businesswomanhow to help your client run their business better.<\/strong><\/p>\n

by hitendra patil<\/i>
\nclient accounting services: the definitive success guide<\/i><\/a><\/p>\n

let us focus on cas-specific processes that can give you competitive advantages. this is not<\/strong> about the technicalities of accounting processes. as a professional accountant, you already know the accounting fundamentals required to create your processes for each of the segments of the services you provide.<\/p>\n

more: <\/b>why cas? why now?<\/a> | nine ways to measure client experience<\/a> | twelve clues it\u2019s time to outsource or offshore<\/a> | yes, you have the staffing for cas<\/a> | why firms shy away from cas<\/a> | hook your firm on cas<\/a> | can you identify real cas prospects?<\/a> | 8 ways to create your cas practice<\/a> | do you value your cas value?<\/a>
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are cas processes different than what you have been doing till now? yes, and no.
\n
\nyes, because cas is about the outcomes<\/strong> of your work, from the clients\u2019 perspective. cas outcomes are useful, insightful, and advise clients in ways that routine, traditional reports cannot deliver. the outcomes you provide from your cas offering need to relentlessly focus on the relevance, usability and importance from your clients\u2019 point of view. compare this with general perceptions of what accountants deliver \u2013 financial statements and tax returns, i.e., more of compliance assurance rather than competitive business intelligence.<\/p>\n

no, because the fundamentals of the experience and expertise required to produce accounting information do not change.<\/p>\n

how are cas processes different?<\/h3>\n

in a traditional client-accountant business relationship, the accountant produces books and financial statements and delivers them to the business owner. it is up to the business owner to interpret what books and reports mean, and (hopefully) take actions based on that meaning.<\/p>\n

while this may sound too simplified a way of stating how accounting work gets utilized usually, it is more true when it comes to small businesses. but it is important because small businesses form a significant part of the total number of clients firms of almost all sizes serve. however, accountants can easily find crucial insights that can help small business owners make better and timely business decisions, and many times even avoid potential problems that can threaten the very existence of such businesses. so here are some core fundamentals in which your cas processes will be different:<\/p>\n

produce and interpret:<\/strong> cas processes ensure that accountants \u201cproduce and interpret\u201d accounting information and insights so that they can effectively advise the business owners.<\/p>\n