{"id":118104,"date":"2023-11-07t12:00:20","date_gmt":"2023-11-07t17:00:20","guid":{"rendered":"\/\/www.g005e.com\/?p=118104"},"modified":"2024-08-27t17:00:44","modified_gmt":"2024-08-27t21:00:44","slug":"train-now-before-it-costs-you-down-the-road","status":"publish","type":"post","link":"\/\/www.g005e.com\/2023\/11\/07\/train-now-before-it-costs-you-down-the-road\/","title":{"rendered":"train now before it costs you down the road"},"content":{"rendered":"

\"\"<\/p>\n

your time investment now could reap dividends during tax season.\u00a0<\/strong><\/p>\n

by frank stitely<\/em>
\nthe relentless cpa<\/i><\/a><\/p>\n

we’ve all heard it.<\/p>\n

ask if an assigned project has been completed and get the, “it’s done, but …” followed by a few reasons why said project is still \u2013 let’s be honest \u2013 incomplete.<\/p>\n

more: <\/b>keep clients from \u201cbalance due\u201d shock<\/a> | stop clients from performing \u201cfavors\u201d<\/a> | control your time: avoid ambush meetings and calls<\/a> | make fewer mistakes, increase revenue and capacity<\/a> | six ways to create a millennial-friendly firm<\/a>
\n\"goprocpa.com\"exclusively for pro members. <\/span><\/strong>log in here<\/a> or 2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n

let\u2019s examine how we got a \u201cdone but\u201d society. a lot of this will sound like, \u201cback in my day, sonny \u2026\u201d old man nonsense, and a lot of it is.<\/p>\n

however, i promise you a solution after my sociological exploration of 21st-century culture. you won\u2019t need a degree in sociology to understand this.<\/p>\n

<\/p>\n

i didn\u2019t graduate with an accounting degree from college. it wasn\u2019t sociology, either. i double majored in economics and finance, a mostly useless course of study that mainly qualifies me to troll target stock boys on facebook. you know who they are. they offer sage advice on world trade when they should be worried about the cleanup in aisle seven.<\/p>\n

i ended up in an accounting job after college and thought knowing some accounting might be a good idea.<\/p>\n

i took a cost accounting course at night while i pursued my accounting education. when was the last time you heard someone use the term \u201cpursued\u201d in a conversation about education? education was a pursuit. somewhere it became an entitlement. and, \u201cstay off my damn lawn!\u201d sorry, i just slipped into an old man’s trance. i hope i didn\u2019t offend any millennials. that would make me sad.<\/p>\n

my cost accounting professor told us that he preferred to teach evening courses with adult students over the normal day courses. when he assigned 10 problems for homework, adult students would return to the next class having attempted to complete 10 problems. younger students ignored most assignments.<\/p>\n

what\u2019s wrong with this very nice sentiment directed to evening students like me? it rewards effort, not results. out on planet real world, do we get paid for effort? will clients accept, and more importantly pay, for an attempted tax return? of course not.<\/p>\n

i\u2019d like to blame schoolteachers and professors for this shortcoming in our educational system, but i can\u2019t. they reward effort as a way station on the train trip to competence. however, the train never leaves the station and moves on to the final destination. why? i\u2019m guessing that failing 75 percent of the students in a college course isn\u2019t the path to tenure anymore. but back in my day, sonny \u2026<\/p>\n

therefore, we end up with newbies who think they get partial credit for partially completed tasks.<\/p>\n

because we live on planet real world, we get to solve the problem if we want successful practices.<\/p>\n

training is the solution.<\/p>\n

each answer you give is an investment in not having to answer multiple times in the future.<\/p><\/blockquote>\n

teach newbies that starting a project the day before it\u2019s due won\u2019t work. you\u2019ll need a practice management system to track this, assuming you have cats (employees) to herd. i know a guy \u2013 actually that guy is me again. what a funny coincidence. i just happen to run a practice management software company.<\/p>\n

second, teach newbies that asking questions is good. we have never shot an employee for asking questions. my aim is bad. teach them to ask questions early in the process, not the day before a project is due.\u00a0<\/strong><\/p>\n

how do you teach this? while i don\u2019t condone shooting employees, threatening them with a loaded gun seems to fall within our profession\u2019s ethical guidelines. it\u2019s a gray area. or a loophole if you\u2019re a tax partner.<\/p>\n

reinforce the good behavior. kind words stick. so, rather than, “nice job, newbie. now i won\u2019t have to reload the gun,\u201d try, “thanks for asking while we still have time to address this. we have time to ask the client, and they have plenty of time to respond. great work.\u201d<\/p>\n

finally, instill a culture of training in which staff have access to the knowledge of people in your firm. finding time to teach about dependent care benefits on march 16th is painful but finding time to correct it multiple times the first week in april is worse. each answer you give is an investment in not having to answer multiple times in the future.<\/p>\n

do i practice this? i try. but as i\u2019m writing this, i\u2019m maybe an hour from an assault charge for beating a newbie who has messed up yet again and given me garbage near a delivery deadline. for the third time, the federal tax withholding on a tax projection remains uncorrected, and the work papers even have the wrong client name at the top. i\u2019m wondering if our firm\u2019s hit man is available on short notice.<\/p>\n

how will i avoid arrest? a few days ago, i asked his manager to schedule a meeting with him this afternoon. she\u2019ll discuss this and find out why he\u2019s having trouble with tax projections.<\/p>\n

sometimes accounting personalities have trouble grasping the concept of tax projections, where we make up the numbers. however, the numbers must generally square with reality. it\u2019s a big mental leap for people accustomed to stressing over rounding $.50 up or down to the nearest dollar.<\/p>\n

he\u2019s a bright newbie but seems to have a brain lock lately. a beatdown isn\u2019t necessary \u2013 yet.<\/p>\n","protected":false},"excerpt":{"rendered":"

your time investment now could reap dividends during tax season.\u00a0<\/strong>
\n\"\"<\/a>
\nby frank stitely<\/em>
\nthe relentless cpa<\/i><\/a><\/p>\n","protected":false},"author":1362,"featured_media":118105,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[70,1908,3120,3002,2301,1906,2246],"tags":[3808,3807],"class_list":["post-118104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-humor","category-management","category-pro-member-exclusive","category-special","category-talent","category-tax-practice","category-busy-season","tag-frank-stitely","tag-stitely"],"acf":[],"yoast_head":"\ntrain 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