エピソード
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It's the "UK Matters in Accounting" show, usually going out every Friday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space. However, in Jan 2023 we are phasing out this show and putting out this content on our sister Success in Accounting Show which hopefully you're already subscribed to.
In today's episode 30, "Recalibrating Engagements with Your Accounting Clients"
Rob Brown interviews accounting celebrity Carl Reader on how accountants can reset their relationships with clients for stronger relationships & payments.
Carl covers engagement letters, communicating updates to clients and what should happen with an annual renewal letter to clients. This should include a recalibration of fees, terms of engagement and a better annual review meeting with clients. Lots of goodies here for all accountants to shape their firm for future turbulence and better clients.
This is a part two of the interview with Carl here on our Best Practice in Accounting show:
"What Works for Accountant to Get Paid Promptly"
https://best-practice-in-accounting.captivate.fm/episode/what-works-for-accountant-firm-to-get-paid-promptly
*** Please make sure as we shut down this show that you're subscribed to our flagship show going forward: Success in Accounting. This will become the Accounting Influencers Podcast from early Feb 2023. ***
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For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
https://www.facebook.com/accountinginfluencers
Mentioned in this episode:
Dead Show / YouTube
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It's the "UK Matters in Accounting" show, usually going out every Friday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space. However, in Jan 2023 we are phasing out this show and putting out this content on our sister Success in Accounting Show which hopefully you're already subscribed to.
In today's episode 29, "MTD - How HMRC Is Losing Credibility & Reputation"
Check out the video version of this episode here on Youtube: [LINK]
Rob Brown and Will Farnell discuss the latest HMRC backtrack with Making Tax Digital MTD and how it is losing credibility and reputation with accountants
» how MTD u-turns by the government and HMRC are adversely affecting accountants and their clients
» why MTD should be seen as creating an opportunity more than solving a problem for accountants and clients
» the 'once in a generation' opportunity that MTD represents for accountants to significantly increase their value to clients
» how the 'tax gap' opened up to reduce loss of tax revenues and how MTD was created to close it
» the strange order or personal tax, corporation tax and VAT that was not fully thought through with MTD
» what the future holds for MTD and the accounting profession serving their clients in a more digitised way
Be sure to subscribe to the Success in Accounting podcast going out every Monday - this will soon revert back to its old name Accounting Influencers Podcast.
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show:
https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video
content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
https://www.facebook.com/accountinginfluencer
https://www.facebook.com/accountinginfluencers
Mentioned in this episode:
Dead Show / YouTube
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エピソードを見逃しましたか？
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It's the "UK Matters in Accounting" show, usually going out every Friday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space. However, in Jan 2023 we are phasing out this show and putting out this content on our sister Success in Accounting Show which hopefully you're already subscribed to.
In today's episode 28, "The Full Impact of Chat GPT and AI in Accounting"
Here is the transcript for this show, generated by Chat GPT with some smart AI prompting questions:
Hello, and welcome to the podcast. In this episode, we will be discussing the impact of Chat GPT, or Generative Pre-training Transformer, on the world of accountants and CPAs.
First, let's define Chat GPT. It's a machine learning model developed by OpenAI that is able to generate human-like text and can be used to assist accountants and CPAs in a variety of tasks.
But how did Chat GPT come about, and why is it making waves in so many industries? Chat GPT was developed by OpenAI, a leading artificial intelligence research lab, as a way to improve natural language processing. It builds upon the concept of pre-training, which involves training a model on a large dataset to recognize patterns and relationships in language. By pre-training a model on a massive amount of text data, it can then be fine-tuned for specific tasks, such as translation or language generation.
The development of Chat GPT marked a significant step forward in the field of natural language processing and has led to its widespread adoption in a variety of industries.
Now, let's dive into how Chat GPT can help accountants and CPAs.
One way it can assist is by generating reports and documents. Imagine having to create a financial report for a client. This can be a time-consuming and tedious task, but with Chat GPT, you can simply input the necessary data and let the model do the rest. It will generate a professional, accurate report in a fraction of the time it would take a human.
Another way Chat GPT can be useful is by providing data analysis. It can be trained to analyze financial data and provide insights and recommendations based on that analysis. This can be especially helpful for accountants and CPAs who are looking to make informed decisions for their clients.
Chat GPT can also be used to automate routine tasks, such as data entry and reconciliation. This can free up time for accountants and CPAs to focus on more complex tasks, improving efficiency and productivity.
Finally, Chat GPT can even be used to provide customer service. It can handle basic customer inquiries and provide information to clients, allowing accountants and CPAs to focus on more complex tasks.
So, as you can see, Chat GPT has the potential to significantly streamline processes and improve efficiency for accountants and CPAs. But what about the potential drawbacks? Some disadvantages of using Chat GPT include the initial setup and training, which can be time-consuming and costly. Additionally, Chat GPT is still limited in its capabilities and may not be able to handle more complex tasks. Finally, using Chat GPT may create a reliance on technology, and if there are issues with the system, it could disrupt work and cause delays.
Now, let's take a look at some statistics to give you an idea of the potential impact Chat GPT could have on your practice and your clients: According to a recent survey, over 70% of accountants and
CPAs believe that machine learning will significantly change the way they do business in the next 5 years.
Another study found that the use of artificial intelligence in accounting could save up to 400 million hours of manual data entry per year. One company that implemented Chat GPT saw a 25% increase in productivity and a 10% reduction in errors.
These statistics show that Chat GPT has the potential to significantly impact the
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As part of this UK Matters in Accounting podcast, we are giving you some bonus episodes with key influencers in accounting and fintech. These are to review 2022 and the pandemic era, assessing what we've learned, what has worked and what hasn't.
We'll also look ahead to 2023 and preview where the challenges and opportunities are in the accounting and fintech world.
Your commentators and thought leaders in this bonus series include:
Martin Bissett Advisor to the Advisors in Accounting & Fintech Organisations https://www.linkedin.com/in/martinbissett/
Francesca Lagerberg CEO of Baker Tilly International https://www.linkedin.com/in/francescalagerberg/
Steve Heathcote Chief Executive Officer at PrimeGlobal https://www.linkedin.com/in/stephen-heathcote-b327573a/
Mark Koziel President and CEO at Allinial Global https://www.linkedin.com/in/mjkoziel/
Samantha Louis Chief Executive Officer at Praxity Global Alliance https://www.linkedin.com/in/samantha-louis/
Steve Cox Head of Market Insights at IRIS Software Group https://www.linkedin.com/in/stevenchristophercox/
Randy Johnston CEO & Co-Founder at Network Management Group https://www.linkedin.com/in/rpjohnston/
Dan Richards Founder of Practice Win & MyFirms App https://www.linkedin.com/in/danielrichards1/
We cover the following areas in these bonus episodes:
A. 2022 in review
1. How would you sum up the year for accounting? Any surprises, findings, outcomes?
2. What kind of shape is the accounting profession in as we emerge from the pandemic?
3. If you were a teacher giving accountants a school report, how would you grade them?
4. What have we learned about the software, fintech and vendors or the associations, networks and alliances serving accountants?
5. What lessons have we learned about what has succeeded and failed in the last 3 years?
B. 2023 in preview
1. What will be the main challenges for accountants and firms in the coming year?
2. Where will accounting firms find their biggest opportunities in the coming year?
3. What will separate the good accounting firms from the great ones in 2023?
4. What will happen to the complacent accounting firms who won't/can't change?
5. What's coming up for vendors in getting the attention of busy accountants or the or the associations, networks and alliances helping accounting firms in 2023?
Mentioned in this episode:
Dead Show / YouTube
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 26, "Managing Busy Tax Season - Top Tips for Accountants" with special guest Carl Reader, founder of d&t accountants and bestselling author of BOSS IT. https://www.linkedin.com/in/carlreader
You can also watch this on youtube here: [link from spreadsheet]
Key takeaways from this episode include:
the importance of the right mindset for accounting professionals in the way they perceive 'tax season'
the two big mistakes that accountants make in making busy season and tax windows more stressful than they should be
practical solutions accounting professionals can implement to make tax season much easier to navigate
...and much more.
Move faster as a firm with PracticeWIN by letting every member of your team come on the journey. Get the app that brings carefully curated content to the accounting profession.
https://practicewin.co.uk/
Join ProNation "the Accounting Community You Wished You’d Found Sooner" - helping accountants and bookkeepers build a firm that works for them.
https://jointhenation.co.uk
◣━━━━━━━━━━━━━━━━━━━━◢
5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
-
As part of this UK Matters in Accounting podcast, we are giving you some bonus episodes with key influencers in accounting and fintech. These are to review 2022 and the pandemic era, assessing what we've learned, what has worked and what hasn't.
We'll also look ahead to 2023 and preview where the challenges and opportunities are in the accounting and fintech world.
Your commentators and thought leaders in this bonus series include:
Martin Bissett Advisor to the Advisors in Accounting & Fintech Organisations https://www.linkedin.com/in/martinbissett/
Francesca Lagerberg CEO of Baker Tilly International https://www.linkedin.com/in/francescalagerberg/
Steve Heathcote Chief Executive Officer at PrimeGlobal https://www.linkedin.com/in/stephen-heathcote-b327573a/
Mark Koziel President and CEO at Allinial Global https://www.linkedin.com/in/mjkoziel/
Samantha Louis Chief Executive Officer at Praxity Global Alliance https://www.linkedin.com/in/samantha-louis/
Steve Cox Head of Market Insights at IRIS Software Group https://www.linkedin.com/in/stevenchristophercox/
Randy Johnston CEO & Co-Founder at Network Management Group https://www.linkedin.com/in/rpjohnston/
Dan Richards Founder of Practice Win & MyFirms App https://www.linkedin.com/in/danielrichards1/
We cover the following areas in these bonus episodes:
A. 2022 in review
1. How would you sum up the year for accounting? Any surprises, findings, outcomes?
2. What kind of shape is the accounting profession in as we emerge from the pandemic?
3. If you were a teacher giving accountants a school report, how would you grade them?
4. What have we learned about the software, fintech and vendors or the associations, networks and alliances serving accountants?
5. What lessons have we learned about what has succeeded and failed in the last 3 years?
B. 2023 in preview
1. What will be the main challenges for accountants and firms in the coming year?
2. Where will accounting firms find their biggest opportunities in the coming year?
3. What will separate the good accounting firms from the great ones in 2023?
4. What will happen to the complacent accounting firms who won't/can't change?
5. What's coming up for vendors in getting the attention of busy accountants or the or the associations, networks and alliances helping accounting firms in 2023?
Mentioned in this episode:
Dead Show / YouTube
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 25, "Tips for UK Accountants to Fill Their Sales Funnel" with special guest Lucy Cohen, founder of innovative UK accounting firm Mazuma. https://www.linkedin.com/in/lucycohen
You can also watch this on youtube here: https://youtu.be/kIUxJ5S0tFc
Key takeaways from this episode include:
➺ why UK people and especially accounting professionals dislike the 'sales' word so much
➺ who client churn is a part of life for accounting firms, resulting in the need to maintain a pipeline of potential new clients
➺ what one decent conversation with a current client might do for accountants who want to grow their business portfolio
➺ the reasons why accountants have such a haphazard or scattergun approach to generating new business opportunities
➺ simple ways accounting professionals can close new business with easy conversational methods
➺ the importance of playing to strengths for accountants who want to be more intentional in filling a sales funnel
➺ examples of great questions accounting professionals can ask to close a warm prospect
...and much more.
Move faster as a firm with PracticeWIN by letting every member of your team come on the journey. Get the app that brings carefully curated content to the accounting profession.
https://practicewin.co.uk/
Join ProNation "the Accounting Community You Wished You’d Found Sooner" - helping accountants and bookkeepers build a firm that works for them.
https://jointhenation.co.uk
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5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show:
-
It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 24, "Analysing the Accounting M&A Landscape in the UK" with special guest Will Farnell, founder of innovative UK accountancy firm Farnell Clark and author of The Digital Firm. https://www.linkedin.com/in/willfarnell
You can also watch this on youtube here: https://youtu.be/Rgf-wMuAXJs
Key takeaways from this episode include:
☆ why the mergers and acquisitions activity is such a growth area in accounting and fintech
☆ the reasons why money makers in PE and VC want to invest in accounting businesses
☆ the opportunities and challenges presented by consolidator firms in the accounting space
☆ why the M&A market is unsustainable in the UK accounting pool of firms
☆ the limited future of the partnership model in accountancy practices
☆ what can go wrong for accounting firms who allow themselves to be bought or acquired, particularly for the clients
☆ the factors in play to decide selling multiples for accounting practices
☆ why 50% of accounting firms are not making any money and where M&A in accounting will end up
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5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 23, "Reveal: ProNation - a New Community for Accountants" with special guest Carl Reader, founder of d&t accountants and bestselling author of BOSS IT. https://www.linkedin.com/in/carlreader
You can also watch this on youtube here: https://youtu.be/ZMsqh2WJjaM
Key takeaways from this episode include:
✦ the origins of ProNation to provide a better way of mentoring and coaching accountants than the 'one guru one way'
✦ where some accounting coaches and mentors lose credibility, particularly if they haven't actually ran their own accountancy practice
✦ what stops accountants sharing and being collaborative, even if they're in the same community of mastermind group
✦ the importance of battle scars, wounds and failures in accountancy mentors who have actually been down the road other accountants want to travel
✦ the problems accountants create for themselves by being information gatherers without taking action
Join ProNation "the Accounting Community You Wished You’d Found Sooner" - helping accountants and bookkeepers build a firm that works for them.
https://jointhenation.co.uk
Check out Practice Win - WHAT I NEED. Run your accounting practice in the way you want to. Move faster as a firm with PracticeWIN by letting every member of your team come on the journey. The App that brings carefully curated content to the Accounting Profession
https://practicewin.co.uk/
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5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 22, "App & Tech Overwhelm - the Lure of Software Vendors" with special guest Lucy Cohen, founder of innovative UK accounting firm Mazuma. https://www.linkedin.com/in/lucycohen
You can also watch this on youtube here: https://youtu.be/IB8K0raG_HY
Key takeaways from this episode include:
what makes choosing the right apps and technology for your accounting firm so difficult and overwhelming
the games software and tech vendors play in attracting accountants to their products and services
the power of intent and strategy accountants need to find the right tech solutions to their key problems
shout out to "When Accounting Firms Put Tech Before Their Clients" with Will Farnell
https://bit.ly/3Wf8HI7
or on youtube:
https://youtu.be/LROntp0DUCA
the fallacy of accountants thinking you need new technology when their current stack might already do the job
great ways accountants can say a polite 'no' to pushy or persuasive tech or software vendors
Thanks to our sponsors Practice Win - the App that brings carefully curated content to the Accounting Profession https://practicewin.co.uk/
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5 great shows in the Accounting Influencers Podcast Network:
❶
Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 21, "Latest Research via ABAB on MTD for UK Accountants" with special guest
Steve Cox, Head of Market Insights at IRIS Software Group https://www.linkedin.com/in/stevenchristophercox/
The Administrative Burdens Advisory Board (ABAB) recently released their annual review, with a focus on Making Tax Digital. Hear Steve Cox share some of their MTD findings for UK accounting firms and businesses. You'll get fascinating stats around MTD awareness, experience and cost/time savings. Download the full report if needed here: https://www.gov.uk/government/groups/administrative-burden-advisory-board
You can also watch this on youtube here: https://youtu.be/I6HdA0Vw6ZA
◣━━━━━━━━━━━━━━━━━━━━◢
5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
https://www.facebook.com/accountinginfluencer
Mentioned in this episode:
Dead Show / YouTube
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 20, "Which UK Accounting and Fintech Events to Attend?" with special guest Lucy Cohen, founder of innovative UK accounting firm Mazuma. https://www.linkedin.com/in/lucycohen
You can also watch this on youtube here: https://youtu.be/vc23a7J-5Mg
Key takeaways from this episode include:
the reason Lucy did not go to Accountex North in Manchester, but wishes that she did
how accountants and fintech professionals can make better decisions about which events and awards ceremonies to attend
the importance of setting the right intentions and objectives to make your time worthwhile in attending events
how easy it is not to take any action to implement the information and ideas you get from accounting and fintech events
why nobody really gets paid to attend conferences and events, but they are rewarded on the results of that attendance
the 'third third third rule' for making attendance of business events really count when it comes to investing valuable time
when it's okay to have a jolly and have fun at a business event in today's challenging world
some of the strategic objectives you can set before deciding to invest time and money attending a business conference or expo
what to consider if you decide not to go to an event and what impact your absence might have on your corporate or personal brand
how 'schadenfreude' leads some people to lie to others and themselves to justify going to a certain event or on a certain trip
shout out to ProNation, the accounting community newly launched by 3 of the most respected accounting firm owners
https://jointhenation.co.uk/
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5 great shows in the Accounting Influencers Podcast Network:
❶
Success in Accounting
- MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷
Insights in Accounting
- TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸
Influencers in Accounting
- WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹
Best Practice in Accounting
- THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging...
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 19, "How the UK Economy Is Affecting Accounting Firms" with special guest Carl Reader, founder of d&t accountants and bestselling author of BOSS IT. https://www.linkedin.com/in/carlreader
You can also watch this on youtube here: https://youtu.be/uihawIvAmq8
Key takeaways from this episode include:
✓ the exciting launch of the ProNation accounting community with Carl Reader, Lucy Cohen and Will Farnell
✓ why 99% of accounting firms are learning as they go and the one thing that separate the break out firms from the rest
✓ the problem with a 'my way or the highway' one guru, one approach way of doing things in accountancy practices
✓ why a coach or mentor or trainer for accountants and accounting firms doesn't always have to be a qualified accountant
✓ trying to describe the shambles that the UK economy finds itself in and the awful display of political leadership
✓ the important role accountants play in serving their clients while interpreting the economic climate
✓ the mistake some accounting firms are making in thinking they are implementing value pricing when they are really not
✓ how a scenario may arise where business owners will question whether they actually need an accountant
✓ why accountants cannot rely on technology to solve the economic problems arising in tough times
✓ the role empathy and resilience will play for accountants who can properly serve their clients in challenging economic times
✓ what many accountants forget when they are busy serving their clients (spoiler - it's looking after your own business)
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Subscribe to all 5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
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This is a special bonus episode to discuss the Survey to Explore the Growth Outlook for CPA Firms in 2023. Hear Rob Brown interview Sarah Johnson Dobek, president and founder of Inovautus, a national consulting firm that develops strategies, programs, and training designed to help accounting firms grow faster and in the right direction.
To take part in the survey and get the results for free, go to https://inovautus.com/ before Nov 11 2022 when it closes.
In this bonus show, we discuss:
⫸ why it's both exciting and tough to be in an accounting practice right now
⫸ why growth is not very strategic for accounting firms as many grow in the wrong way with the wrong kind of work
⫸ the origins of the Growth Outlook Survey for accountancy practices to see how they were responding the pandemic
⫸ comments on the massive investment into technology for accounting firms, for good and for bad
⫸ how the survey informs strategy for pricing, sales, growth, marketing, client experience, tech stacks, recruitment and what is really working for accounting firms
⫸ what makes growth more about mindset and strategy than numbers, lead gen and revenue for accountants
⫸ comparing this survey to other benchmarking studies in the accounting and fintech space
⫸ shout out to Nicole Sterling and the excellent AAM (Association of Accounting Marketing) at https://accountingmarketing.org
⫸ what none of the accounting and fintech surveys are touching, and why the 2023 Growth Outlook for CPA Firms Survey is different
⫸ how best practice is hard to define in today's challenging world for accountants and CPAs
⫸ how diversity, equity, inclusion, justice and accessibility are affecting accountancy practices in the area of growth
⫸ why accounting firms become extinct and the changing landscape of the working population
⫸ the challenges involved in research that is representative of a very diverse accounting profession and different firm sizes
⫸ how marketing professionals in accounting firms are becoming increasingly strategic in supporting firm growth
⫸ the key challenges that accounting practices face in differentiating themselves to drive growth and recruitment
⫸ key questions accountancy firm leaders should be asking themselves in considering the different ways to grow
⫸ what accountancy practices get wrong when it comes to building brand awareness and driving growth
⫸ why there is much less room for error in getting the right growth strategies for accounting firms, and why some may not make it
⫸ to take part in the survey and get the results for free, go to https://inovautus.com/ before Nov 11 2022 when it closes.
⫸ why accounting professionals should take this survey and stay informed rather than just hoping you're doing the right thing
You can also watch a video of this episode on Youtube here: https://youtu.be/AFZY1krsFwA
Sarah and her team work with firms to assess their growth goals and execute practical marketing and business development plans. With her unique background in operations, human resources, practice management, and marketing, Sarah delivers insightful, practical advice that guides organizations down the right path toward achieving the growth they desire. Sarah’s ability to understand where an organization is starting from, coupled with her disciplined approach to best practices, drives results for firms and helps them to evolve.
When she's not in the office, you can find Sarah skiing, camping, golfing, hiking or just enjoying her backyard with her husband, dog and 2 children.
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 18, "Review: Accountex North's Accounting Fintech Event" with special guest Will Farnell, founder of innovative UK accountancy firm Farnell Clark and author of The Digital Firm. https://www.linkedin.com/in/willfarnell
You can also watch this on youtube here: https://youtu.be/IxSHi_K4YRw
In this episode, Will reviews the big UK Accountex Manchester event with thoughts on the crowd, the exhibitors, the seminars, the hot topics and well attended sessions, the vibe, the differences with Accountex London and the traffic!
Vendors were happy with footfall and interest on the stands. Refreshments were well placed, as were the theatres. There is power in regional accounting and fintech shows. There is life up north in the UK.
Newer topics like talent attraction and retention, plus mental health and wellbeing were popular. MTD is still a hot topic. There are reasons why it has been deferred in the UK.
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5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
https://www.facebook.com/accountinginfluencer
Mentioned in this...
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 17, "Why Software & Tech Adoption is Slow in Accounting" with special guest Will Farnell, founder of innovative UK accountancy firm Farnell Clark and author of The Digital Firm. https://www.linkedin.com/in/willfarnell
You can also watch this on youtube here: https://youtu.be/uwCrXMi2KxU
Key takeaways from this episode include:
☞ reference to a Xero slide via Ian Phillips about how early adopters often capture a market
☞ the reasons why the accounting profession and cloud technology adoption hasn't moved on as much as experts predicted
☞ the magic number of 75% when defining cloud adoption in accountancy practices
☞ why only 5% of the UK accounting market can be defined as cloud accounting firms
☞ how innovative cloud accounting firms and strong tech adopting practices are taking clients from bigger firms
☞ the power of cloud and tech adoption differentiates accounting firms when the playing field is otherwise level
☞ the opportunity that MTD could offer accountants if it goes ahead and drives tech and cloud adoption with digital accounting
☞ how MTD could have been a catalyst for better tech adoption in accounting firms, though it's sad that the profession even needed a push to modernise
☞ the switch from regulation and government driving digital accounting to clients and millennial business owners
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5 great shows in the Accounting Influencers Podcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube
https://www.instagram.com/accinfluencers
https://twitter.com/accinfluencers
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As part of this UK Matters in Accounting podcast, we are giving you some bonus episodes on the topic of influence. What is influence? Is it important? How influential are you?
You influence others more than you think. The ability to authentically make people think, act and speak in a certain way is a powerful currency in any environment.
Here at Accounting Influencers, we help amplify the brands, the messaging and the relationships of people who serve the accounting profession. You might be a qualified accountant in practice looking to get things done at work. For that you need credibility, a voice, a reputation.
You could be part of the software industry or fintech ecosystem surrounding accountants, selling your products and services either directly into accountants and firms, or indirectly through them to their clients.
Influence is a big part of the mix. So in this bonus series for the Accounting Influencers Podcast Network, hosts Rob Brown and Martin Bissett discuss the role of influence. And over 12 bonus episodes in the next 4 weeks, you'll get a quick fire overview of the 10 key areas, pillars or components of influence.
By going to https://accountinginfluencers.com and taking the Accounting Influencer Test you can score your influence over these 10 categories. For free.
In this episode, "Why Influence Matters in the World of Accountancy", you'll hear/we discuss
Take the test at https://accountinginfluencers.com and see how influential you really are. You'll also get some practical suggestions to increase your influence in your professional role.
You can also watch a video of this episode on Youtube here: https://youtu.be/p_o_NO37jOA◣━━━━━━━━━━━━━━━━━━━━◢
A reminder of 5 great shows in the Accounting Influencers Broadcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show featuring panels, highlights, combinations, panels, topics, live interviews and best ofs.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
Find them all on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
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FOLLOW US ON SOCIAL MEDIA:
We'd love to get to know you!
➺ Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
➺ LinkedIn. For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
➺ Youtube. For videos of all podcast interviews and bonus video content: https://www.youtube.com/channel/UC3AwPLSr2rCqTylGj0s7TJQ
➺ Twitter: https://twitter.com/accinfluencers
➺ Facebook:
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As part of this UK Matters in Accounting podcast, we are giving you some bonus episodes on the topic of influence. What is influence? Is it important? How influential are you?
You influence others more than you think. The ability to authentically make people think, act and speak in a certain way is a powerful currency in any environment.
Here at Accounting Influencers, we help amplify the brands, the messaging and the relationships of people who serve the accounting profession. You might be a qualified accountant in practice looking to get things done at work. For that you need credibility, a voice, a reputation.
You could be part of the software industry or fintech ecosystem surrounding accountants, selling your products and services either directly into accountants and firms, or indirectly through them to their clients.
Influence is a big part of the mix. So in this bonus series for the Accounting Influencers Podcast Network, hosts Rob Brown and Martin Bissett discuss the role of influence. And over 12 bonus episodes in the next 4 weeks, you'll get a quick fire overview of the 10 key areas, pillars or components of influence.
By going to https://accountinginfluencers.com and taking the Accounting Influencer Test you can score your influence over these 10 categories. For free.
In this episode, "Why a Noble Cause Can Build Accounting Influence", you'll hear about whether you're forced for good? Do you make a difference for the better? Do you have a crusade, a desire to change the world? To make an impact? to give back. This speaks to your benevolence, your attitude to competition. Is the pie getting bigger? Are you collegiate and collaborative or adversarial and competitive?
Take the test at https://accountinginfluencers.com and see how influential you really are. You'll also get some practical suggestions to increase your influence in your professional role.
You can also watch a video of this episode on Youtube here: https://youtu.be/S_PkroSFC84
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A reminder of 5 great shows in the Accounting Influencers Broadcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show featuring panels, highlights, combinations, panels, topics, live interviews and best ofs.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
Find them all on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
└╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌┘
FOLLOW US ON SOCIAL MEDIA:
We'd love to get to know you!
➺ Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
➺ LinkedIn. For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
➺ Youtube. For videos of all podcast interviews and bonus video content:
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It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.
In today's episode 16, "How Busy Accountants Can Handle Regulation Overload" with special guest Lucy Cohen, founder of innovative UK accounting firm Mazuma. https://www.linkedin.com/in/lucycohen
You can also watch this on youtube here: https://youtu.be/fIbKSdn7ybg
Key takeaways from this episode include:
why the ability to deal with a quickly changing tax and regulation world is vital for UK accountants
how covid developed the skillset of communicating rapid change in accountants and accounting professionals
what kind of effort and organisation is required for accountants to stay on top of updates in key areas and information overload
how trusted accounting advisors lean into their specialist interest areas to stay relevant and current, vz trying to cover everything
the finesse and discernment required by accountants and accounting firms when communicating changes to their clients
the difference between reacting and proactively pivoting to tax and budget changes for UK accountants and their clients
what peace of mind looks like for accounting firm clients in being able to to to one place or source for trusted information
what accounting firm owners and leaders must to do set a culture and processes that allow their people to stay current with regulation
shout to to Pronation, a soon-to-be-launched mastermind and coaching community for accountants ran by three seasoned experts
two top tips for UK accountants, fintech professionals and trusted advisors to stay current and relevant for their clients
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5 great shows in the Accounting Influencers Podcast Network:
❶
Success in Accounting
- MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.
❷
Insights in Accounting
- TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸
Influencers in Accounting
- WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹
Best Practice in Accounting
- THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺
UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
For announcements of published shows, tagging guest so you can build your network and offer feedback on the show:
-
As part of this UK Matters in Accounting podcast, we are giving you some bonus episodes on the topic of influence. What is influence? Is it important? How influential are you?
You influence others more than you think. The ability to authentically make people think, act and speak in a certain way is a powerful currency in any environment.
Here at Accounting Influencers, we help amplify the brands, the messaging and the relationships of people who serve the accounting profession. You might be a qualified accountant in practice looking to get things done at work. For that you need credibility, a voice, a reputation.
You could be part of the software industry or fintech ecosystem surrounding accountants, selling your products and services either directly into accountants and firms, or indirectly through them to their clients.
Influence is a big part of the mix. So in this bonus series for the Accounting Influencers Podcast Network, hosts Rob Brown and Martin Bissett discuss the role of influence. And over 12 bonus episodes in the next 4 weeks, you'll get a quick fire overview of the 10 key areas, pillars or components of influence.
By going to https://accountinginfluencers.com and taking the Accounting Influencer Test you can score your influence over these 10 categories. For free.
In this episode, "The Vital Role Status Plays in Accounting Influence", we discuss how to speaks to clout or impact. Who knows you in the higher up, significant or powerful circles? Are you recognised? Do you have kudos and cache that opens doors. What access do you have to people who make decisions, command followings and hold budgets?
Take the test at https://accountinginfluencers.com and see how influential you really are. You'll also get some practical suggestions to increase your influence in your professional role.
You can also watch a video of this episode on Youtube here: https://youtu.be/7PJA939feLc
◣━━━━━━━━━━━━━━━━━━━━◢
A reminder of 5 great shows in the Accounting Influencers Broadcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show featuring panels, highlights, combinations, panels, topics, live interviews and best ofs.
❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.
❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
Find them all on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!
└╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌╌┘
FOLLOW US ON SOCIAL MEDIA:
We'd love to get to know you!
➺ Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast
➺ LinkedIn. For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers
➺ Youtube. For videos of all podcast interviews and bonus video content:
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