Are you ready to Power Up? ⚡ Gusto Next 2024 is just 5 days away! Excited to invite our top accountant partners to our SF office. We can't wait to see you! Get a sneak peek here: https://lnkd.in/e6gqrCmF #GustoNext
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Happy Friday! Fridays in the business world often bring a sense of accomplishment and anticipation for the weekend. It's a great time to wrap up the week's tasks, celebrate achievements, and set the stage for a productive next week. Wish you all a very Happy Friday and a great weekend ahead! 😀 Shreya Ladia Gaurav Agarwal #businessaccounting #business #accounting #cpafirms #usaccounting #canadianbusiness #outsourcedaccounting #fridayfeeling
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Every Accountants favorite meal…a Free Lunch 🍕 👀 70% of firms will require staff to work on the weekend during busy season. 😋 When the firms paying, moneys no object. I'm looking at you $25 cheeseburger from the Wayfare Tavern in San Francisco. Usually it’s a Pizza party in the office though. Make no mistake, when you're working on Saturday… 👉 That lunch ain't free 👈 🤷♂️ Anybody else spend more than usual when it's on the company dime? —-------------------------------------------------------------------------- 🚀10X your accounting career with the No Flux Given Playbook, the Vault of Secrets and the Sketchy Business Practices course at MikeFromAccounting🚀
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📊 Navigating Statutory Deadlines during the Festive Season: Challenges and Practical Solutions for Chartered Accountants In the midst of the festive season, Chartered Accountants encounter a unique set of challenges when it comes to meeting statutory deadlines. Here, we highlight the top five hurdles and offer practical, hands-on solutions: 1. Increased Workload: The convergence of festivals and year-end closures results in an overwhelming workload. Solution: Prioritize tasks methodically, delegate where possible, and utilize cloud-based project management tools to track and streamline work progress efficiently. 2. Team Availability: Seasonal absences can strain team resources. 🎉 Solution: Plan staff schedules well in advance, cross-train team members to ensure versatility, and implement automation tools to expedite routine tasks, allowing your team to focus on critical matters. 3. Client Availability: Clients may be sporadically unavailable during the festive season. 🍂 Solution: Establish clear expectations with clients early on, schedule periodic check-ins to align priorities, and implement a client portal for secure and convenient document sharing. 4. Regulatory Changes: Evolving regulations necessitate swift adjustments. 📈 Solution: Stay informed through industry publications and subscribe to relevant weekly newsletters. Develop a regulatory compliance checklist that can be updated in real-time, and leverage automation tools to ensure adherence. 5. Technological Challenges: Technical hiccups can disrupt operations. 💻 Solution: Conduct regular IT system checks and invest in redundancy solutions. Establish contingency plans for system failures, including data backup and recovery procedures, and conduct regular training for staff on technology troubleshooting. This festive season, Chartered Accountants can successfully meet statutory deadlines by implementing these practical solutions. Strategic planning, effective communication, and a tech-savvy approach will ensure a seamless transition into the new year. #CharteredAccountants #StatutoryDeadlines #FestiveSeasonChallenges #ProfessionalInsights #PracticalSolutions
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Inflo CEO | Audit Technology Expert | ex PwC | Author -> Follow for posts on innovation, leadership, & audit.
I’m NOT at Accountex this week – WHY??? The LinkedIn feed of UK accountants is going to be filled with Accountex this week. For many (it seems), this is like Christmas! But I will be missing this year. For the first time since founding Inflo. Why? I’m in Chicago instead, supporting our incredible US team! I’m really looking forward to a week connecting with forward-thinking leaders from US CPA firms. Listening to the challenges they are tackling and the opportunities they are seeking to capitalize on. After years of market stagnation waiting for large audit tech vendors innovate, large and small firms are now moving on. They are gleefully ditching dated desktop #audit software. When struggling to recruit and retain talent, using technology to automate work is a no-brainer! I’m expecting a very busy week for our teams in Chicago and London… Whether you’re attending Accountex or the RSM US Alliance conference, swing by our stand to grab yourself a copy of my book on innovation communication: “A Better Axe”. Anyone else in the UK got a great reason for not being at Accountex 2024?
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Community Guide & Co-Founder at Accounting Innovators 💡 Supporting accounting professionals in new ways of thinking and doing for practice growth & sustainability
It's another one of those introvert moments... In a little over 24 hours I'll be back on stage - a virtual one this time - to officially launch the Accounting Innovators community with Sonia Gibson. And the butterflies are back. 🦋 Have we got everything ready? 🤔 Have we done enough? 🤔 Will people want what we have to offer? 🤔 I don't know. 🤷♀️ I think so. 🙂 I hope so. 🤞🏻 Because everything I've been reading and listening to and all the conversations I've had with people in the accounting space over the last 2 years are telling me that we are solving a problem. There is a sea of information and a lot of opinions out there about what accountants need to be doing to build the firms of the future. The solutions are there. But where do you start? 🏁 How do you make sense of it all? 🤯 Who can help you make the changes you need to make? 👩💼👨💼 We may not have all the answers ourselves, but we know people who do and we are committed to building a supportive and knowledgeable community full of them so we can support each other on this transformational journey 💜 If you're ready to think differently so you can start doing things differently in your accounting practice, I'd love for you to join us tomorrow and tell us what you need to make your next move 👉 https://lnkd.in/gszqnQiA #accountingandaccountants #community #innovation
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🏎️ Zooming into team bonding with our Accounting team! 🚀 These number-crunching experts took a break to hit the Andretti go-cart track for a thrilling dose of speed and camaraderie! 🏁🤝 #retina #retinaspecialists #savingeyesight #retinaconsultantsofamerica
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Co-Founder & COO at Synder | Simplifying Accounting with Automation for Retail, eCommerce and Startups.
You didn't pick your career in accounting to report P&L. You picked your career in accounting to: - Tell stories behind numbers. - Be that trusted business partner - Guide clients to a profitable direction - Help clients spot and solve problems - Turn complex financial data into digestible takeaways for informed decision-making I see on the frontlines that businesses now want accountants not to just report P&L. They want real business partners. Accountants are really making a difference. I'm excited for 2024! P.S. Don't trust this LEGO. Accountants are not bean counters anymore.😃 P.P.S. Kudos to Jason Staats, CPA for creating this amazing artwork 🤘 (take a minute to check out the whole collection on Jason's page!)
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I help Accountancy Business owners grow and get out of the day to day | 15+ years of lessons in my book - Click 'Visit my Website' below to order
Worried about giving your team more autonomy? Here’s how we do it successfully. You can give your people autonomy over four major dimensions of their work (Dan Pink): - Tasks - Time - Technique - Team I made it work in my firm with autonomy over time, technique and tasks. For time, I removed the 9-5 requirement and allowed the team to work when and where they wanted. The client managers are responsible for getting information, meeting deadlines, and responding to client queries within our expected service levels. So even our juniors have some smaller clients for whom they are the client ‘manager’ and they are responsible for managing the relationship and associated work. This works because our systems ensure things don’t fall through the cracks. When new team members arrive, we describe our ‘ladder of accountability’ shown below. They are accountable to clients first, then to their colleagues and lastly to me. I know that if clients are happy and our team are happy, then I’ll be happy too! (See the Ladder of Accountability we use in our firm in the image below) [Extract from The 4 Pillars: How to Build An Accounting Firm that gives you more Money, Time and Freedom, Page 206] 🔽 🔽 🔽 🔽 🔽 🔽 Got your copy yet? 😉 If not comment ‘four pillars’ below and I’ll send you a link to get one for free 😎 #accountants #fourpillars PS: if you’ve read it already what was one big takeaway?
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Is the billable hour a key culprit to all of this burnout in the accounting industry? ⏰🔥 Randy Crabtree shares his opinion on why he thinks this is the case (I agree) and how we can do a better job of valuing our work, as well as evaluating talent in the industry without relying so much on the traditional billable hour approach. In my personal experience, feeling my contributions to a firm being reduced down into billable hours significantly soured my experience, and was probably a key reason why public accounting did not work out for me. There were so many areas outside of typical client work I wanted to explore, but could not afford to do so because of the rigid evaluation metrics at my level. Check out the full episode here: https://lnkd.in/gmpETW93
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