{"id":126886,"date":"2024-07-15t11:57:14","date_gmt":"2024-07-15t15:57:14","guid":{"rendered":"\/\/www.g005e.com\/?p=126886"},"modified":"2024-08-29t23:52:50","modified_gmt":"2024-08-30t03:52:50","slug":"how-business-expert-cpas-get-their-own-business-wrong","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/07\/15\/how-business-expert-cpas-get-their-own-business-wrong\/","title":{"rendered":"how \u2018business expert cpas\u2019 get their own business wrong"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-126889\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15.jpg\" alt=\"\" width=\"1600\" height=\"1067\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15.jpg 1600w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-424x283.jpg 424w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-849x566.jpg 849w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-768x512.jpg 768w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-1536x1024.jpg 1536w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-300x200.jpg 300w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-600x400.jpg 600w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/strong><\/p>\n<p><strong>only a small percentage of audit leaders understand businessmindedness\u2019s inward and outward components.<\/strong><\/p>\n<p style=\"text-align: left;\"><em>by alan anderson, cpa<br \/>\n<a href=\"\/\/www.g005e.com\/shop\/transforming-audit-for-the-future-by-alan-anderson-at-cpa-trendlines-al23aud\/\">transforming audit for the future<\/a><\/em><\/p>\n<p>i talk to leaders of firms all around the country who think that if they get their fee realization right, that\u2019s a sign that they\u2019ve got great business minds. they ask me what the market fee realization is, so i tell them that\u2019s a miserable measure.<\/p>\n<h4 style=\"padding-left: 40px;\"><b>more: <\/b><a href=\"\/\/www.g005e.com\/?p=126345\">say adios to audit fee pressure<\/a> | <a href=\"\/\/www.g005e.com\/?p=126339\">eight items to cover in the audit exit to deepen client relationships and prove value<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/10\/know-your-three-audit-ws\/\">know your three audit w&#8217;s<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/05\/13\/planning-lays-the-foundation-of-audit-relevance\/\">planning lays the foundation of audit relevance<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/06\/how-do-we-drive-relevance-in-audit\/\">how do we drive relevance in audit?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/04\/29\/before-the-audit-more-than-just-planning\/\">before the audit: more than just planning<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/25\/are-you-correctly-identifying-the-relevance-intersection\/\">are you correctly identifying the relevance intersection?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/18\/lack-of-relevance-drives-commoditization\/\">lack of relevance drives audit commoditization<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/11\/five-crucial-attributes-for-successful-audit-leadership\/\">five crucial attributes for successful audit leadership<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/04\/premium-billing-cant-exist-with-traditional-audits\/\">traditional audits don\u2019t deserve premium billing<\/a> | <a href=\"\/\/www.g005e.com\/2024\/02\/26\/four-basic-understandings-every-auditor-must-master\/\">four basic understandings every auditor must master<\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2024\/07\/15\/how-business-expert-cpas-get-their-own-business-wrong\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>there is no perfect fee realization. as extreme examples, i\u2019ve worked with firms with 10 percent and 200 percent fee realizations. which is better? neither. the firm with a 10 percent fee realization bills at $5,000 per hour, while the other bills at $20 an hour.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2024\/07\/15\/how-business-expert-cpas-get-their-own-business-wrong\/#more-126886\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-126889\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15.jpg\" alt=\"\" width=\"1600\" height=\"1067\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15.jpg 1600w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-424x283.jpg 424w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-849x566.jpg 849w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-768x512.jpg 768w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-1536x1024.jpg 1536w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-300x200.jpg 300w, \/\/www.g005e.com\/wp-content\/uploads\/2024\/06\/images-for-cpat-15-600x400.jpg 600w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/strong><\/p>\n<p><strong>only a small percentage of audit leaders understand businessmindedness\u2019s inward and outward components.<\/strong><\/p>\n<p style=\"text-align: left;\"><em>by alan anderson, cpa<br \/>\n<a href=\"\/\/www.g005e.com\/shop\/transforming-audit-for-the-future-by-alan-anderson-at-cpa-trendlines-al23aud\/\">transforming audit for the future<\/a><\/em><\/p>\n<p>i talk to leaders of firms all around the country who think that if they get their fee realization right, that\u2019s a sign that they\u2019ve got great business minds. they ask me what the market fee realization is, so i tell them that\u2019s a miserable measure.<\/p>\n<h4 style=\"padding-left: 40px;\"><b>more: <\/b><a href=\"\/\/www.g005e.com\/?p=126345\">say adios to audit fee pressure<\/a> | <a href=\"\/\/www.g005e.com\/?p=126339\">eight items to cover in the audit exit to deepen client relationships and prove value<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/10\/know-your-three-audit-ws\/\">know your three audit w&#8217;s<\/a> |\u00a0<a href=\"\/\/www.g005e.com\/2024\/05\/13\/planning-lays-the-foundation-of-audit-relevance\/\">planning lays the foundation of audit relevance<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/06\/how-do-we-drive-relevance-in-audit\/\">how do we drive relevance in audit?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/04\/29\/before-the-audit-more-than-just-planning\/\">before the audit: more than just planning<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/25\/are-you-correctly-identifying-the-relevance-intersection\/\">are you correctly identifying the relevance intersection?<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/18\/lack-of-relevance-drives-commoditization\/\">lack of relevance drives audit commoditization<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/11\/five-crucial-attributes-for-successful-audit-leadership\/\">five crucial attributes for successful audit leadership<\/a> | <a href=\"\/\/www.g005e.com\/2024\/03\/04\/premium-billing-cant-exist-with-traditional-audits\/\">traditional audits don\u2019t deserve premium billing<\/a> | <a href=\"\/\/www.g005e.com\/2024\/02\/26\/four-basic-understandings-every-auditor-must-master\/\">four basic understandings every auditor must master<\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2024\/07\/15\/how-business-expert-cpas-get-their-own-business-wrong\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>there is no perfect fee realization. as extreme examples, i\u2019ve worked with firms with 10 percent and 200 percent fee realizations. which is better? neither. the firm with a 10 percent fee realization bills at $5,000 per hour, while the other bills at $20 an hour.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2024\/07\/15\/how-business-expert-cpas-get-their-own-business-wrong\/#more-126886\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":5075,"featured_media":126889,"comment_status":"closed","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":"129943,126845,129835,133566,130726,134590","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3925,2274,3120,3002],"tags":[4086,4026,2394,4278,4182,3958,4281,4283],"class_list":["post-126886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-audit-assurance","category-pricing","category-pro-member-exclusive","category-special","tag-alan-anderson","tag-anderson","tag-audit","tag-billing-rate","tag-business-cpas","tag-cpa-billing-rates","tag-fee-structure","tag-pricing-rates","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- 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