Comments on: New Rules for the Next Generation Accounting Firm http://cpatrendlines.com/2010/02/01/new-rules-for-the-next-generation-accounting-firm/ Actionable Intelligence for the Tax, Accounting and Finance Community from Bay Street Group LLC Wed, 23 May 2012 22:03:21 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jason M Blumer, CPA http://cpatrendlines.com/2010/02/01/new-rules-for-the-next-generation-accounting-firm/comment-page-1/#comment-548534 Jason M Blumer, CPA Sun, 20 Jun 2010 02:12:17 +0000 http://cpatrendlines.com/?p=5746#comment-548534 These are great comments! Thanks for the vote of confidence, Michael. You are doing those innovative things too! #GeeksUnite These are great comments!

Thanks for the vote of confidence, Michael. You are doing those innovative things too!

#GeeksUnite

]]> By: Michael Hsu http://cpatrendlines.com/2010/02/01/new-rules-for-the-next-generation-accounting-firm/comment-page-1/#comment-548472 Michael Hsu Mon, 14 Jun 2010 17:54:15 +0000 http://cpatrendlines.com/?p=5746#comment-548472 Fantastic write. Jason Blumer can definitely be considered as an innovator in our industry and I am excited to see all the changes that is about to happen because of people like him. Fantastic write. Jason Blumer can definitely be considered as an innovator in our industry and I am excited to see all the changes that is about to happen because of people like him.

]]> By: Andrew Smith http://cpatrendlines.com/2010/02/01/new-rules-for-the-next-generation-accounting-firm/comment-page-1/#comment-547223 Andrew Smith Wed, 17 Feb 2010 23:17:46 +0000 http://cpatrendlines.com/?p=5746#comment-547223 Rick, A very good article about a very important change taking place in many industries. There are a lot of CPAs out there who still believe in time sheets, hourly billing, etc but I think that we're slowly beginning to see a shift in basic thinking. I can tell you from personal experience that I have seen a shift in thinking just on our TaxQueries.com website alone in just the past few months. We used to have CPAs making statements such as, "Why would I share knowledge in public? Why would I share knowledge with my competition? This is what *I* am PAID to do. Am I missing something here?" ...only to have a younger partner (or even competitor) join in, participate, and establish a reputation for themselves. The next thing we see is the old timers signing up... even if it just to "watch" for a while... As technology evolves and access to knowledge becomes easier and faster, CPA firms will be forced to evolve. It won't happen over night... but it will happen... slowly but surely. I feel that those who stick to the "old way" will eventually find themselves in the very same position that newspaper companies are in today. Sitting around and wondering, "What the heck happened?" Andrew Smith andrew@taxqueries.com http://www.taxqueries.com Twitter @taxqueries Rick,

A very good article about a very important change taking place in many industries.

There are a lot of CPAs out there who still believe in time sheets, hourly billing, etc but I think that we’re slowly beginning to see a shift in basic thinking.

I can tell you from personal experience that I have seen a shift in thinking just on our TaxQueries.com website alone in just the past few months.

We used to have CPAs making statements such as, “Why would I share knowledge in public? Why would I share knowledge with my competition? This is what *I* am PAID to do. Am I missing something here?”

…only to have a younger partner (or even competitor) join in, participate, and establish a reputation for themselves.

The next thing we see is the old timers signing up… even if it just to “watch” for a while…

As technology evolves and access to knowledge becomes easier and faster, CPA firms will be forced to evolve.

It won’t happen over night… but it will happen… slowly but surely.

I feel that those who stick to the “old way” will eventually find themselves in the very same position that newspaper companies are in today. Sitting around and wondering, “What the heck happened?”

Andrew Smith
andrew@taxqueries.com
http://www.taxqueries.com
Twitter @taxqueries

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