SnapStat: The Internet-of-Things Grabs a Foothold with Business Clients
Some 36% of small and mid-size businesses are investing in I-o-T technologies.
Next Question: How are accounting firms keeping up with the hot new technology trends?
Some 36% of small and mid-size businesses are investing in I-o-T technologies.
Next Question: How are accounting firms keeping up with the hot new technology trends?

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.

‘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 →

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 →

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 →