How Much Advice Should Your Firm Provide?

You have to stop somewhere.

By Hitendra Patil
Client Accounting Services: The Definitive Success Guide

Q: What should be the scope of consulting/advisory services? How broad? How narrow?

MORE CAS Q&A: Battling CAS Cost Pushback | Clients Don’t Understand CAS, but They Know Value | How to Differentiate CAS | Will My Clients Find CAS Expensive? | Do I Need to Learn New Skills to Succeed in CAS? | CAS Marketing Is Different. Here’s How | CAS: Much More than Bookkeeping
Exclusively for PRO Members. Log in here or upgrade to PRO today.

A: There are two distinct aspects to the scope of your firm’s consulting/advisory services.

Posted on February 22, 2023

Hitendra Patil

About the Author

Hitendra Patil is the president of the Global F&A and CPA outsourcing services unit of Datamatics Business Solutions, Inc., a global provider of outsourced accounting, bookkeeping, finance, tax preparation, audit & assurance, payroll and demand generation & data services.

He is one of the profession's leading authorities on accounting technology, accounting firm innovation, and client accounting and advisory services (CAS / CAAS) and among the Top 100 Most Influential People in Accounting, the Top 10 Accounting Influencers to Follow on Social Media, and the Top 100 Accounting Social Media Leaderboard.

He is the best-selling author of
“The Definitive Success Guide to Client Accounting Services.”

Buy Now | Learn More

and
"Accountaneur: The Entrepreneurial Accountant."

Buy now | Learn more

For over 20 years, he has worked exclusively for the accounting industry, leading several functions, including accounting, payroll, tax, and advisory services and technology solutions used by professional accountants.

He is a regularly published author in many leading publications in the United States accounting profession. Accountants have bought his best-selling books in 12 countries across five continents. He frequently provides fresh thought leadership and actionable insights to the accounting profession about CAS/CAAS, practice growth, entrepreneurship in accounting, and emerging technologies, such as artificial intelligence, machine learning, blockchain, and cybersecurity.

Buy now | Learn more

Patil's newest book is, "Rise of The AiCCOUNTANTS: The What, Why, and How of Artificial Intelligence – Exclusively for Accountants.”
Available here

Click here for more by Hitendra Patil

TO READ THE FULL ARTICLE

Continue reading your article with a CPA Trendlines Pro membership.