{"id":98904,"date":"2022-06-23t12:20:20","date_gmt":"2022-06-23t16:20:20","guid":{"rendered":"\/\/www.g005e.com\/?p=98904"},"modified":"2024-08-14t09:30:13","modified_gmt":"2024-08-14t13:30:13","slug":"why-hours-dont-determine-value","status":"publish","type":"post","link":"\/\/www.g005e.com\/2022\/06\/23\/why-hours-dont-determine-value\/","title":{"rendered":"when hourly-billing hurts profits"},"content":{"rendered":"<p><strong>the rule of three algorithm vs. the new cost-plus worksheet.<\/strong><br \/>\n<a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-56714\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-424x283.jpg\" alt=\"\" width=\"424\" height=\"283\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-600x400.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-768x512.jpg 768w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-849x566.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg 1600w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/a><\/p>\n<p><a href=\"\/\/www.g005e.com\/?s=aquila&amp;post_type=product\" target=\"_blank\" rel=\"noopener\"><em>by august j. aquila<\/em><\/a><\/p>\n<p>the time has come for the accounting professional to rethink the paradigm on which pricing has been based.<\/p>\n<p>most now agree that the traditional methods of price setting can have a negative impact on a firm.<\/p>\n<blockquote>\n<p align=\"left\"><b>more:<\/b> <a href=\"\/\/www.g005e.com\/2020\/09\/17\/the-morning-after-the-merger\/\">the morning after the merger<\/a> | <a href=\"\/\/www.g005e.com\/2019\/07\/26\/6-action-steps-for-a-smooth-retirement-transition\/\">6 action steps for a smooth retirement transition<\/a> | <a href=\"\/\/www.g005e.com\/2019\/06\/03\/the-eternal-riddle-of-being-an-effective-leader\/\">the eternal riddle of being an effective leader<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/03\/7-pieces-of-leadership-advice\/\">7 pieces of leadership advice<\/a> | <a href=\"\/\/www.g005e.com\/2018\/04\/03\/tomorrows-leader-9-bullet-points\/\">tomorrow\u2019s leader in 9 bullet points<\/a> | <a href=\"\/\/www.g005e.com\/2017\/11\/15\/5-ways-get-clients-accept-new-pricing-philosophy\/\">5 ways to get clients to accept a new pricing philosophy<\/a> | <a href=\"\/\/www.g005e.com\/2017\/10\/18\/11-alternative-pricing-methods\/\">11 alternative pricing methods<\/a><\/p>\n<p><strong><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><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2022\/06\/23\/why-hours-dont-determine-value\/\">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><\/p><\/blockquote>\n<p>somewhere along the line accountants began to believe that an hour of their work had a set value to their clients. as we shall see, this false assumption has led to the current state of affairs and has caused accountants to:<\/p>\n<ul>\n<li>produce more chargeable hours by constantly reinventing the wheel<\/li>\n<li>hoard work and, consequently, do a poor job of delegating<\/li>\n<li>inhibit the creation of more efficient ways of producing accounting services<\/li>\n<li>hinder the development of more efficient project management<\/li>\n<\/ul>\n<p> <a href=\"\/\/www.g005e.com\/2022\/06\/23\/why-hours-dont-determine-value\/#more-98904\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  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hourly-billing hurts profits \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong>the rule of three algorithm vs. the new cost-plus worksheet.<\/strong><br \/>\n<a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-56714\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-424x283.jpg\" alt=\"\" width=\"424\" height=\"283\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-600x400.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-768x512.jpg 768w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015-849x566.jpg 849w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2018\/11\/value-price-scale-concept-depositphotos_63773269_xl-2015.jpg 1600w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/a><\/p>\n<p><a href=\"\/\/www.g005e.com\/?s=aquila&amp;post_type=product\" target=\"_blank\" rel=\"noopener\"><em>by august j. aquila<\/em><\/a><\/p>\n<p>the time has come for the accounting professional to rethink the paradigm on which pricing has been based.<\/p>\n<p>most now agree that the traditional methods of price setting can have a negative impact on a firm.<\/p>\n<blockquote>\n<p align=\"left\"><b>more:<\/b> <a href=\"\/\/www.g005e.com\/2020\/09\/17\/the-morning-after-the-merger\/\">the morning after the merger<\/a> | <a href=\"\/\/www.g005e.com\/2019\/07\/26\/6-action-steps-for-a-smooth-retirement-transition\/\">6 action steps for a smooth retirement transition<\/a> | <a href=\"\/\/www.g005e.com\/2019\/06\/03\/the-eternal-riddle-of-being-an-effective-leader\/\">the eternal riddle of being an effective leader<\/a> | <a href=\"\/\/www.g005e.com\/2019\/03\/03\/7-pieces-of-leadership-advice\/\">7 pieces of leadership advice<\/a> | <a href=\"\/\/www.g005e.com\/2018\/04\/03\/tomorrows-leader-9-bullet-points\/\">tomorrow\u2019s leader in 9 bullet points<\/a> | <a href=\"\/\/www.g005e.com\/2017\/11\/15\/5-ways-get-clients-accept-new-pricing-philosophy\/\">5 ways to get clients to accept a new pricing philosophy<\/a> | <a href=\"\/\/www.g005e.com\/2017\/10\/18\/11-alternative-pricing-methods\/\">11 alternative pricing methods<\/a><\/p>\n<p><strong><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><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2022\/06\/23\/why-hours-dont-determine-value\/\">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><\/p>\n<\/blockquote>\n<p>somewhere along the line accountants began to believe that an hour of their work had a set value to their clients. as we shall see, this false assumption has led to the current state of affairs and has caused accountants to:<\/p>\n<ul>\n<li>produce more chargeable hours by constantly reinventing the wheel<\/li>\n<li>hoard work and, consequently, do a poor job of delegating<\/li>\n<li>inhibit the creation of more efficient ways of producing accounting services<\/li>\n<li>hinder the development of more efficient project management<\/li>\n<\/ul>\n<p> <a href=\"\/\/www.g005e.com\/2022\/06\/23\/why-hours-dont-determine-value\/#more-98904\" class=\"more-link\">read more 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hourly-billing hurts profits \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div class=\"clean\"><\/div>\n<\/p>\n<\/div>\n","protected":false},"author":1331,"featured_media":49056,"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":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1363,2274,3120,3002,11],"tags":[4278,3958,4281,4283,728],"class_list":["post-98904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-pricing","category-pro-member-exclusive","category-special","category-research","tag-billing-rate","tag-cpa-billing-rates","tag-fee-structure","tag-pricing-rates","tag-value-pricing","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- 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