CPAs Converge for #AccountingShowNY

New Accounting & Finance Show launches.

By Rick Telberg

Thousands of accountants and finance executives are gathering in New York this week for the inaugural launch of the new Accounting & Finance Show produced by Terrapinn Holdings, which has completely revamped the meeting since acquiring it last year from Flagg Management.

Since so many of the headline speakers are part of the CPA Trendlines brain trust, the event offers a special opportunity to meet some of the profession’s most renowned commentators and experts – live and in-person.

See the CPA Trendlines authors and experts headlining the new show

This year’s two-day event boasts more than 50 exhibitors, 150 speakers, and 100 hours of CPE, innovatively broken into short, 20-minute sessions.

The West Coast version of the same event is scheduled two weeks later, July 25-26, at the Los Angeles Convention Center.

Running on Passion, or Running on Empty?

Feinberg

‘Passion is nice. But passion with positive cash flow is so much nicer.’

By Andrea Feinberg

Hey, new business owner: Congratulations on making a huge leap. Your choice to risk it all (and I’d say a predictable income, resources and benefits are pretty huge to leave behind) takes enormous courage, persistence, and a plan. And, many would say it takes a strong devotion – some call it ‘passion’ – to the service or product you plan to deliver.

Well, I have a suggestion and I hope you’ll take this personally (not a typo: I want you to take it personally because your business will be among the most personal relationships and responsibilities you’ll ever have.)

I’m going to suggest you shift your thinking: don’t start a business; solve a problem. Unless your product or service can solve a specific problem (or, secondarily, expand on an opportunity) for a recognizable category of customer, you’ll never make a penny. READ MORE →

The Secret to Making Millennials More Efficient

Carrick
Carrick

Five good reasons to let them make their own hours.

By Drew Carrick

What I am about to say might cause you to break into absolute hysteria.  Depending on whom you are,  you will either: share and embrace, or smear and critique. My intention is not to demand a change in the working world, but rather to stimulate a cultural conversation that can change the way we work.

Employees should be able to make their own hours.

Are you crazy, Drew? Nobody would ever work then!

Well, while that may be your first thought, let me explain my thought process. READ MORE →

Accodex Sets Up a Platform for Practice Management

Portrait of Chris Hooper
Hooper

The goal: admit new partners without bottlenecks.

By Kayleigh Padar

Chris Hooper, the CEO and managing partner of Accodex, recently redesigned the firm’s business model to respond to clients’ changing accounting needs. The firm operates in four areas: the United States, the United Kingdom, Australia and the Philippines. It is made up of over 50 employees.

MORE ON RADICALISM: The Persona: A Closer Look | Happy Tax: Why You Need to Know Its Name | 3 Challenges in Shifting to Product Management | Tips from a Veteran Product Manager | Productized 1099s the New Vision Way | Karbon Builds a Practice Management Platform on Steroids | Why Our Clients Need Us to Be Radical | Introducing the Fifth Radical Tenet: The Business Model | Dear Midsized Firms: Yes, You Can Change
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“I started with a small practice in 2011 in Australia,” Hooper said. “It was 100 percent cloud, fixed fee, global from the get-go. There wasn’t really a need to change those fundamentals.”
READ MORE →

Happy Tax: Why You Need to Know Its Name

Fixing the broken retail tax prep model.

By Kayleigh Padar

What if tax CPAs charged labor for a platform and were not even a firm, but part of a franchise and technology play?

MORE ON RADICALISM: Product Management: Start with These 6 StepsFather, Son Team Up to Capitalize on Capacity | Going Deeper into Product Management | Dean Quiambao: ‘If You’re Not Disrupting, You’re Not Doing It Right’ | Josh Zweig’s LiveCA Offers New Thinking from the Ground Up | How ‘Agile’ Applies to CPA Firms
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This is the story of Happy Tax. And it is changing the nature of our business as we know it.
READ MORE →