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Accounting Firms Need to Stop Doing Personal Tax Returns

I’ve said this so many times…accounting firms need to stop doing personal tax returns. There’s been a big push in the accounting industry lately where everybody moving to outsourcing. You know I’ve always said that if you’re doing outsourcing as your first step as your value, as a way of crushing your prices so that you can compete on price, then you’re dead. It’s a brutal model, you’re going to suffer.

It’s time to stop using this outdated and archaic pricing model. Move over to a value-based subscription model for your clients. You want to serve your accounting clients the way you were professionally trained – focus on advising the clients while working in a model that works best for you.

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Anytime Anywhere

I’m always interested in other business models to see what works and what doesn’t. I found one in SCOTLAND that’s brilliant. Follow the same approach and you’ll meet unexpected success. Hope you enjoy this week’s video.

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Advocate for CPAs and the Accounting Profession

Advocates Close: Advocate for CPAs and the Accounting Profession Hello, I’m coming to you from Edinburgh, Scotland again. Have you ever stopped to think about who’s your biggest advocate? Today I’d like to talk about how I am an advocate for CPAs and the accounting profession. I just walked by a really interesting structure on…

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Deliver More Value and Increase Your Price Per Client

Deliver More Value and Increase Your Price Per Client Scotland is a brilliant country, full of history and culture. But what does Scotland have to do with how to deliver more value and increase your price per client? This week’s video is coming to you from Edinburgh and what I want to talk about this…

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What Is Your Unique Ability?

What Is Your Unique Ability As An Accountant? Today I’d like to ask you a very important question. What Is Your Unique Ability As An Accountant? I am doing this post from another hotel room. Where could I be in Toronto? Clue — CN Tower.  I’m here because I’m actually going to be seeing a…

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3 Mental States

 The 3 Mental States of CPAs What’s top of mind for me today? The 3 Mental States of CPAs that I’ve seen over and over again. I want to make sure you’re choosing the right mental state.  It’s February… tax time in North America. For Canadian CPAs and U.S. CPAs, it can be a pretty…

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When Are You Happy?

Accountants, When Are You Happy? This week’s blog post is coming to you from the booming metropolis of Edmonton. The reason why I’m in Edmonton is I’ve actually come to watch the Oilers play. While I’ve been here, I’ve noticed a lot of people that haven’t seemed happy and it’s made me think… accountants, when…

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Want Your Freedom?

Want Your Freedom? Today I want to talk to you about your freedom. As with most people, I’m guessing you want your freedom but I’m particularly interested in what’s holding you back from being truly free. I want to talk about the freedoms for you inside your accounting practice. When I think about freedom, I…

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Know Your ABC

Know Your ABC Accountants love acronyms. One that most CPAs miss is ABC. Today, I’m coming to you from Big White, a ski resort just outside of Kelowna, BC, and I want to know if you know your ABC. I was heading up the hill on the chair lift with some other people and I…

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