Think about the bread and butter of most CPA firms: prepping financial statements, audit and tax work, and general accounting services. Increasingly we are being told that commoditization is occurring in our industry. Some of this is driven by technology as more processes become automated. Some of this is our own fault as we fail… Read More
This week officially marks the 9th week of staying at home for many of us. As a resident of New York, fortunately, as May 15th draws near, there is now the hope of New York re-opening and our lives, slowly returning to some level of post-COVID 19 normalcy. I think I can safely speak for… Read More
Be positive…look at the extra family time…appreciate that you no longer have a commute…blah, blah blah. It all sounds wonderful, it really does! But there are times when I struggle to “embracing the good.” For a moment, I thought scrolling through Facebook or Instagram to feel connected would help. Unfortunately, seeing families post pictures of… Read More
Working from home is nothing new for me. Having been in Sales for over 20 years, I feel more at ease working from my house than I do when I have to venture into the office. I know I am the outlier when it comes to this, so for those of you that are now… Read More
I posted this last year, but once again to feel the need to re-post as all over the U.S., Accountants are burning the midnight oil. From now until April 15th, the most common words you will hear from any accountant in your life is “It’s tax season and my day is jam packed!” However, I… Read More
While searching for this week’s blog post, I came across an article that was written in 2016 in the midst of tax season. As expected, the article was about handling the stress of Busy Season, however the tips and advice were from actual accountants, not random experts trying to tell accountant what to do. The… 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
Don’t sweat the small stuff. It’s advice that’s been around for decades, however in 1985 Richard Carlson wrote a hugely popular book with that title and used it as the premise for building a stress free life. Although he did not coin the expression, “Don’t sweat the small stuff…and it’s all small stuff”, he was… Read More
