With tax season over, and extensions filed, it is safe to say that CPAs everywhere have earned a much needed vacation. However, before putting the 2018 season behind you, take a moment to reflect on the following key questions: What went well and smoothly this season? What gave you the biggest headache and needs improvement?… Read More
Ahhh, Valentine’s Day! A day filled with thoughts of love, chocolate, romance and your tax returns. Yes, I did say it – your tax returns. Why would such words come out of my mouth on such a wistful February day? There are many reasons! And the three articles that I found below outline them quite… Read More
The Super Bowl is just days away and many of us are actively rooting for Tom Brady and the Patriots to lose. Don’t get me wrong, I was sad to see Kansas City lose last week, as Mahomes is a fantastic Quarterback with a very bright future ahead of him. However, he made the unfortunate… Read More
Like many of you, all throughout the year I try to read as many books as I can for both business and pleasure – unfortunately, for me, there really isn’t much crossover here! The hardest part however, is picking out the right book. So for my last blog post of 2018, I thought I would… Read More
Once again, I had the pleasure of listening to Chris Heeter of The Wild Institute speak, however this time it was at the ITA Fall Collaborative in San Diego and the message was slightly different. Chris still spoke about the importance and courage of bringing all of who you are to all of what… Read More
How About a Better Way to Document Engagement Decisions? Wouldn’t it be a fabulous gift if engagement acceptance and continuance decisions could be more automated, compliant, and relevant? What about filling in practice aides related to preparation of financial statements, compilations, and reviews? Same answer, right? How can technology be leveraged to accomplish… Read More
As 2018 draws to a close, I started to research the challenges accounting firms have been facing. Here are the top 5 that continually came up: Winning the Talent War – This concern is not unique to accounting firms. Many professional service firms are facing the same issue. So how do you win the war… Read More
In a recent survey, CPA firms were asked what processes they would like to reduce or eliminate. Here’s what they said: Bottlenecks that slow things down (mentioned by 48 percent of respondents) Duplication of work (46 percent) Poor interaction between departments (39 percent) Difficulty locating needed documents (33 percent) Lack of business process visibility (27… Read More
