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So How Did Your 2024 Predictions For the Accounting Profession Work Out?

Going Concern

note: I addressed this here Theres About to Be a Ton of Warm Bodies to Throw at Offshore Accounting Outlets in the Philippines. The TLDR is AI is making call center staff obsolete, offshore staffing agencies have their own programs training people from the ground up to perform basic accounting tasks. You see where this is going.]

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CPA Firm Managing Partner Weighs in on How to Rebuild the Talent Pipeline

CPA Practice

Jackie Cardello During the panel discussion, “Accounting Across Generations: Assessing the Current State of the Industry,” the question, “What do we have to change to rebuild the talent pipeline in the accounting profession?” You don’t have to be a CPA. Firms are looking at non-traditional hires and non-CPAs.

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Basic Accounting for a Small Business: Bookkeeping and Accounting Basics

Snyder

But the most important aspect of any business is accounting. All small business owners need to be familiar with basic accounting and bookkeeping, as it gives them a clear picture of the state of their finances, allows them to make informed business decisions, and lets them react to any adverse changes faster.

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Client Accounting Services: What is CAS in Accounting?

Snyder

This turbulent time led to the rise in demand for client accounting services (CAS) – something that has been around for a couple of decades, but is coming into full swing only today. What are client accounting services (CAS)? Why the way a firm packages CAS matters for a business.

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Gaining More Value with Virtual Accounting

AccountingDepartment

They might hand over a spreadsheet and a box of receipts and then the CPA does all the work. The CPA will often provide some tips on how to lower next year’s tax bill, but then it’s goodbye until next year. Good CPAs are valuable to any business, but they only handle part of your accounting needs.

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How to Package Your Bookkeeping Services [Guide]

Ryan Lazanis

The pictures below are examples of what bookkeeping and accounting services packages can look like: Pilot. Here’s an example of bookkeeping-only plans by Pilot: AMLB CPAs and Consulting. This service trains the clients on bookkeeping and basic accounting system so they are able to do the bookkeeping themselves.

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Docyt Combats U.S. Accountant Shortage with the Launch of Docyt University

CPA Practice

Courses are taught by a top-notch team of accounting authorities, including CPAs, accountants, financial professionals, industry specialists and Docyt AI experts. Members also become part of Docyt University’s growing community of accountants, CPAs, business owners, finance executives and professionals.