The Staffing Strategies Survey: Uncovering Solutions for the Accounting Talent Gap

In the world of accounting and finance, a storm is brewing. The industry is facing a talent shortage like never before. The once steady stream of fresh accounting graduates, eager to dive into the world of numbers and balance sheets, is dwindling. Those sitting for the CPA exam and completing the requirements to earn a license is also going down. This has left accounting firms and finance teams scrambling to find and retain talent.

Unleashing the Power of Technology: Transforming Accountants into Trusted Advisors

In today’s rapidly evolving world, technology is revolutionizing the way we work and live. Accountants and CPAs are no exception. We need to embrace the power of technology to enhance our services and better serve our clients as advisors. By leveraging technology and focusing on the complicated work that bots can’t do, accountants become trusted advisors, building deeper relationships and … Read More

The Heart and Soul of Public Accounting: Why Compliance Matters

In the world of accounting, compliance work is often seen as the unglamorous side of the profession. But what if I told you that compliance is the heart and soul of accounting, the unsung hero that makes advisory work possible? In this blog post, we will explore the importance of compliance work in the accounting profession, and why it’s time … Read More

Reality Check: Challenges Associated with Moving to Advisory Services

Are you tired of feeling overwhelmed and stuck in the compliance workload, unable to provide valuable insights to your clients? Do you feel that your firm has the potential to grow and create a lasting impact, but capacity issues hinder your progress? You’re not alone. Many accounting firms are struggling with the same challenges. But what if there was a … Read More

90% of Accounting & Audit Firms Struggle to Find Talent

The issue has become so critical that the trickle-down effect is leaving many municipalities—and their citizens—in the lurch. Staffing shortages in the accounting industry have almost always been concerning, but it’s reaching epidemic heights. According to an April 21 article in Fortune, S&P Global Ratings withdrew 64 credit ratings for governments and utility systems for failing to file financial information … Read More

Transforming Your Team into Trusted Advisors

There’s a secret lurking in the depths of the public accounting world. A hidden treasure, a powerful weapon that can catapult your firm to new heights of success. It’s called “advisory services.” And yet, despite its immense potential, many firms are not yet experiencing its transformative power. Why? Because they’re looking in the wrong place. The truth is, advisory services … Read More

Advisory Work for Family Businesses

The world of accounting is more than just crunching numbers and balancing the books. For those who have chosen this profession, there is a calling to be more than just an accountant. To be a Trusted Advisor, to be someone who is impactful and rewarding, and to be a problem solver. Meaningful transformations One of the most meaningful transformations that … Read More

Unlocking the Secrets of Success: How Trusted Advisors Transform Businesses

Imagine this: You’ve just started your dream business. The entrepreneurial fire is burning bright within you, and you’re filled with ambition, passion, and excitement. But then, reality hits, and you find yourself overwhelmed by the financial complexities, growing pains, and myriad questions that come with running a business. Who do you turn to for help? Who can you trust to … Read More

The Future of Accounting: A Vision of Trust, Clarity, and Hope

In a world where trust and integrity are more valuable than ever, the accounting profession stands tall as a beacon of hope. It’s a field where ethics and client interests reign supreme, and these core values set accountants apart from other business consultants. But the future of accounting is evolving, and as we embrace this change, we must not betray … Read More

Cybersecurity for Small Accounting Firms – Own the Unknown

As a small accounting firm, you likely handle a significant amount of sensitive financial data on a daily basis. From tax returns to banking information, your clients trust you to keep their information secure. However, cybercriminals see small accounting firms as prime targets for attacks due to their often-limited cybersecurity resources.