The Young CPA Success Show

Episode Title: Ethical Accounting in the Age of Automation: Insights from Bench's ShutdownEpisode Summary:Tom and Jesse from FinOptimal return to the show to discuss the Bench shutdown with Hannah and Joey. Along the way they discuss the rise of AI in the industry, changes to the 150 CPE credit rule, memes, and how CPAs can better convey what they do to clients. The conversation underscores the importance of adaptability, effective communication, and maintaining professional standards amidst technological changes, using Bench's experience as a cautionary tale for the profession.Episode Quote:"No matter what, whoever stays on the cutting edge of what's new is going to be okay. If you have that much red tape and hesitancy to try new stuff, you're going to get left behind." -Tom ZehentnerThe finer details of this episode:● Recent developments surrounding the company Bench and its implications.● Impact of artificial intelligence and automation on accounting practices.● Pricing strategies and the sustainability of low-cost accounting services.● Importance of effective communication and client engagement in accounting.● Future of the accounting profession in light of technological advancements and market changes.Episode resources:●       Summit Virtual CFO by Anders website: https://www.summitcpa.net/●       Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com●       We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities●       Check out Tom and Jesse at https://www.finoptimal.com/Timestamps:Podcast Episode TimestampsIntroduction to the Podcast (00:00:00)Overview of the podcast's purpose for young accounting professionals.Artificial Intelligence in Accounting (00:00:22)Discussion on the impact of AI and automation in the accounting industry.Bench's Downfall (00:01:01)Speaker reflects on Bench's failure and compares it to similar companies.Synopsis of Bench's Situation (00:01:46)Speaker provides a brief history and overview of Bench's business model and challenges.Bench's Business Strategy (00:03:10)Analysis of Bench's target market and pricing strategy in the accounting industry.Bench's Abrupt Closure (00:04:12)Details about Bench's sudden shutdown and subsequent acquisition.Discussion on Pricing and Market Position (00:05:16)Debate on whether Bench's pricing strategy contributed to its failure.Building a General Ledger (00:06:18)Insights on the challenges of developing a proprietary general ledger in accounting.Industry Reaction to Bench's Demise (00:08:00)Exploration of the accounting community's mixed reactions to Bench's failure.The Ethics of Offshoring (00:09:15)Concerns about the ethics of offshoring in the accounting industry.Echo Chamber of Opinions (00:10:10)Critique of the repetitive nature of industry opinions following Bench's downfall.Branding Issues in Accounting (00:14:00)Discussion on the lack of clear branding and definitions within the accounting profession.The Need for Standardization (00:15:04)Debate on the challenges of standardizing roles and services in accounting.Empowering the Accounting Community (00:17:49)Call for accounting professionals to charge more and elevate industry standards.Understanding Legal Fees vs. Accounting Fees (00:18:54)Discussion on the disparity in perceptions of value between legal fees and accounting services.The Need for Better Communication in Accounting (00:19:50)Emphasis on accountants demonstrating their value effectively to clients.Challenges in Marketing Accounting Services (00:20:59)Insights on the difficulties accountants face in marketing their services to business owners.Using Memes to Explain Accounting (00:22:06)Proposal to use memes as a tool to communicate accounting concepts to clients.The Importance of Relatable Communication (00:23:05)Advocating for a more human approach in explaining accounting to clients.Targeted Marketing Strategies (00:24:26)Discussion on tailoring marketing strategies to specific demographics like sports fans or millennial moms.Memes as a Service Concept (00:25:35)Idea of creating a service dedicated to developing accounting-related memes for marketing.The Role of Personal Branding (00:26:50)Exploration of how personal branding and visual cues reflect professional identity.Curriculum Changes in Accounting Education (00:28:20)Suggestion that accounting education should include marketing and communication skills.Concerns Over the 150-Hour CPA Requirement (00:29:26)Debate on whether reducing the 150-hour requirement will effectively address the accounting profession's challenges.Need for Practical Skills in CPA Certification (00:31:02)Call for more practical examinations in CPA certification rather than focusing solely on credit hours.Addressing the Accounting Pipeline Problem (00:34:09)Discussion on broader issues affecting the accounting profession, beyond just the 150-hour rule.Podcast Episode TimestampsThe Impact of AI on Jobs (00:36:38)Discussion on how AI won't take jobs, but those who adapt will thrive.Embracing Innovation in Accounting (00:37:00)The importance of trying new technologies to stay competitive in the accounting field.Automation Opportunities in Accounting (00:38:41)Exploration of a tool to automate the closed workbook reconciliation process.Finding the Right Solutions (00:39:15)Discussion on the challenges of finding comprehensive accounting solutions.Leveraging Technology for Efficiency (00:40:03)Insights on using Google Sheets and QuickBooks for effective accounting practices.Product Development and Features (00:46:01)Overview of new products being developed to enhance accounting efficiency.Building Trust in Technology (00:48:00)Importance of reliability in accounting software and the skepticism of accountants.Using Tools in Practice (00:49:10)The value of actively using developed products in real-world accounting scenarios.

Episode Title:Insights on Navigating Busy SeasonEpisode Summary:In this podcast episode, Joey and Hannah delve into the rigors of busy season in the accounting industry, discussing the personal and professional challenges it presents. They share their experiences with long hours, work-life balance, and the need for industry change. While highlighting the importance of leadership in creating sustainable work environments and the role of self-care, they also explore the value of mentorship and being open to advice and constructive criticism, emphasizing the significance of empathy and communication in the workplace.Episode Quote: "The 'it just is what it is' mentality is to me a piece of bad advice. I really struggle with accepting that to just be truth when there are alternate ways to get a job done effectively." -Hannah HoodThe finer details of this episode:●     Impact of leadership on addressing workload and personal challenges●     Effects of automation and delegation on busy season workload●     Staffing shortage as a significant challenge in the industry●     Importance of self-care and empathy in the workplaceEpisode resources:●       Summit Virtual CFO by Anders website: https://www.summitcpa.net/●       Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com●       We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesTimestamps:Understanding Busy Season (00:00:23)Joey and Hannah share their childhood experiences and initial challenges during busy seasons in the accounting industry.Personal Boundaries and Work-Life Balance (00:02:17)Hannah discusses setting boundaries and maintaining work-life balance while managing a busy accounting job with a family.Finding Little Wins and Industry Changes (00:05:29)Joey talks about finding small victories during busy seasons and discusses changes in the industry's approach to busy seasons.The Future of Busy Season (00:08:16)Joey and Hannah discuss the likelihood of busy season ever ending and the impact of automation and staffing shortages.Challenging the Status Quo (00:11:42)Hannah challenges the notion that busy season just "is what it is" and advocates for change in work-life balance expectations.Leadership and Cultural Change (00:14:06)Joey criticizes outdated leadership advice and discusses the need for cultural change in the accounting industry.Individual vs. Leadership Responsibility (00:17:39)The conversation shifts to the role of individuals and leadership in driving change and improving work conditions in the industry.Self-care and Leadership (00:18:01)Importance of self-care and leadership in bringing about change in the industry.Empathy and Management (00:19:06)Discussion on empathy in management and understanding the struggles of team members.Work-Life Balance and Culture (00:20:04)Challenges of work-life balance, creating an environment for employees' well-being, and changing corporate culture.Communication and Responsibility (00:22:30)Importance of open communication and individual responsibility in addressing work-related challenges.Mentorship and Influence (00:24:51)The significance of mentorship in office culture and the influence of mentors in early careers.Constructive Criticism and Mentorship (00:31:15)Struggles with constructive criticism and evolving perspectives on mentorship as one matures in their career.Tactical Conversations and Learning (00:34:46)The value of tactical conversations and learning from mentors in professional growth.Investment in the Process (00:36:33)The importance of mutual investment in professional relationships and the learning process.Being Comfortable with Being Wrong (00:37:31)Discussion on being comfortable with not having all the answers and seeking constructive criticism.The Impact of Grades on Learning (00:39:29)Exploration of the relationship between grades, learning, and success, with a focus on the millennial generation's perspective.Athletes and Mentorship (00:42:03)Anecdotal discussion on the potential advantages of athletes in mentor-mentee relationships and their comfort with taking instruction.The Role of Coachability in Success (00:42:47)Exploration of the importance of coachability and willingness to accept help, particularly in relation to athletes and their success.Intentionality in Seeking Mentorship (00:49:59)Advice on being intentional and proactive in seeking mentorship, including reaching out and showing understanding for busy schedules.Building Mentorship Relationships (00:51:04)Advice on initiating mentorship conversations by asking about the other person's expertise and seeking their advice, reframing the conversation to focus on the mentor.Opportunities for Career Development (00:52:44)Promotion of remote work opportunities and open positions for career development at Summit Virtual CFO and Anders CPAs and Advisors.

Episode Title:Defined Benefit Plans Demystified: Expert Insights for Young CPAs with David PodellEpisode Summary:Co-host Hannah shares her experiences with tax planning and defined benefit plans, setting the stage for guest expert David Podell from Business Benefits Consultants. David demystifies defined benefit plans, emphasizing their relevance and tax advantages. The discussion covers identifying client opportunities, the importance of advisory roles, and resources for further learning.Episode Notes:"You could increase your retirement benefit, take money out of the business pre-tax, and I'm going to save you this on your taxes." -David PodellThe finer details of this episode:●       Common misconceptions about defined benefit plans and their relevance in modern financial strategies.●       Importance of collaboration with financial advisors, third-party administrators, and attorneys in implementing defined benefit plans.●       Resources available for CPAs to deepen their understanding of defined benefit plans and tax strategies.●       Encouragement for young CPAs to engage with clients and explore tailored financial solutions.Episode resources:●       Summit Virtual CFO by Anders website: https://www.summitcpa.net/●       Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.com●       We’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities●       Check out Business Benefits Consulting! https://businessbenefitsconsultants.com/Timestamps:Introduction to the Episode (00:00:00)The host welcomes listeners and introduces the podcast's purpose for young accounting professionals.New Format Announcement (00:00:23)Hannah discusses the new episode format after attending a podcast convention, aiming for shorter content.Guest Introduction (00:01:00)Hannah introduces David Podell, an expert on defined benefit plans and tax planning.Complexity of Defined Benefit Plans (00:02:57)David explains the confusion surrounding defined benefit plans due to their complexity and lack of understanding.Multiple Players Involved (00:04:42)Discussion on the various professionals needed to manage defined benefit plans effectively.Trigger Words for Advisory Conversations (00:06:18)David shares key phrases that indicate a client may benefit from defined benefit plans.Selling a Business and Tax Structuring (00:08:13)Hannah discusses using defined benefit plans for tax benefits when selling a business.Retirement Planning and Asset Building (00:09:37)The benefits of using defined benefit plans for retirement savings while minimizing taxes.Plan Design Considerations (00:10:37)David emphasizes the importance of tailoring plan designs to meet specific client needs.Learning Resources for Defined Benefit Plans (00:12:46)David suggests resources for understanding defined benefit plans and associated terminology.Acronyms and Terminology Clarification (00:15:03)Discussion on common acronyms in the industry and the need for clear understanding.Importance of Coordination Among Advisors (00:16:25)The significance of having a coordinated approach among various financial advisors.Final Thoughts and Call to Action (00:19:09)David encourages listeners to evaluate clients who may benefit from defined benefit plans.Value of Defined Benefit Plans (00:20:06)Discussion on how defined benefit plans can enhance retirement benefits and provide tax savings.Call to Action (00:20:41)Encouragement for listeners to engage and ask questions about defined benefit plans.Contact Information (00:20:57)Details on how to reach Business Benefits Consultants for further inquiries and support.Gratitude and Reflection (00:21:30)Acknowledgment of the guest's insights and the value added to the listeners' understanding.Career Development Opportunities (00:21:41)Information on job opportunities for young CPAs at Summit Virtual CFO and Anders CPAs and Advisors.

Episode Title: Bridging the Generational Gap: Transforming Leadership for a New Era with Madeline MillerEpisode Notes:In this episode of the Young CPA Success Show, the host and co-hosts Joey and Hannah discuss the challenges faced by young professionals, particularly in accounting, with guest Madeline Miller, a coach with a background in law and entertainment. They explore generational stereotypes, the importance of good leadership, and the need for purpose and recognition in the workplace. Madeline shares her journey and emphasizes the significance of empathy, mentorship, and building supportive work environments. The conversation highlights the evolving expectations of younger generations and the role of leaders in fostering inclusive and fulfilling workplaces."I had been thinking a lot about how I was showing up at work, and whether I was showing up as the leader I wanted to be, and I really had to go back and reinvent the wheel and teach myself what that meant." – Madeline MillerThe finer details of this episode:Challenges faced by young accounting professionals and early-career individuals.Generational stereotypes and perceptions in the workplace.The impact of remote and hybrid work environments on workplace dynamics.The importance of interpersonal skills and relationship-building.The need for training in conflict management and leadership skills.Episode resources:● Summit Virtual CFO by Anders website: https://www.summitcpa.net/● If you have questions or would like to be a guest on the show, email us at: youngcpasuccessshow@anderscpa.com● Check out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/● You can find more from Madeline at her website: https://coachingwithmadeline.com/about-madeline-miller/Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast and its focus on guiding young accounting professionals.Setting the Scene (00:00:23)Discussion of excitement around the episode featuring guest Madeline Miller.Generational Assumptions in the Workplace (00:01:04)Hannah reflects on assumptions made about millennials in the workplace.Bad Managers vs. Bad Jobs (00:02:08)Joey emphasizes that employees leave bad managers, not just bad jobs.Creating Good Workspaces (00:03:12)Call to action for leaders to foster better work environments for younger generations.Epiphanies During the Conversation (00:04:22)Hannah shares insights gained from the conversation with Madeline.Madeline's Background (00:05:07)Madeline discusses her journey from law to coaching, emphasizing purpose and direction.Searching for Fulfillment (00:08:42)Discussion on the common feeling of searching for fulfillment in one's career.Identifying Common Themes (00:08:55)Madeline explains what she looks for in clients feeling lost in their careers.Purpose and Recognition in Work (00:09:28)Madeline highlights the importance of feeling purposeful and recognized in work.Coaching for Authenticity (00:11:07)Discussion on closing the gap between current and desired workplace behavior.Nurturing Future Leaders (00:13:34)Madeline discusses coaching leaders on nurturing purpose in their teams.Shifting from Technical to Leadership Skills (00:16:23)Joey and Madeline explore the challenges of transitioning to leadership roles in careers.The Importance of Developing Future Leaders (00:18:20)Madeline discusses her approach to shaping the next generation of leaders and the importance of mentorship.Shifting Skills in the Workforce (00:19:02)Joey highlights the transition from technical skills to advisory roles in accounting and other industries.Gen Z's Desire for Impact (00:20:09)Joey shares insights on Gen Z's eagerness to make a positive impact compared to previous generations.Empathy in Leadership (00:20:37)Madeline discusses Gen Z's demand for empathy from managers, reflecting on generational differences in expectations.Intergenerational Challenges (00:21:47)Hannah notes the challenges faced by different generations in the workplace, particularly regarding career fulfillment.Communicating Purpose in the Industry (00:22:58)Hannah emphasizes the need for leaders to effectively communicate purpose to attract Gen Z to accounting careers.Simple Steps to Foster Purpose (00:23:50)Madeline outlines basic actions leaders can take to help employees feel purposeful and engaged at work.The Impact of Good Management (00:25:01)Discussion on how good managers can significantly influence employee satisfaction and retention.The Role of Interpersonal Skills (00:26:20)The speakers reflect on the importance of interpersonal relationships in the workplace for long-term fulfillment.Conflict Management Skills (00:27:12)Madeline discusses the necessity of teaching conflict management skills to navigate workplace relationships effectively.Building Resilience in the Workplace (00:29:27)The conversation shifts to the importance of resilience and continuous practice in handling workplace challenges.Understanding Gen Z's Unique Challenges (00:31:02)Joey highlights the distinct challenges Gen Z faces in the workforce compared to previous generations.Curiosity in Leadership (00:31:54)Madeline encourages leaders to adopt a curious mindset to better understand and support younger employees.Independence and Entrepreneurship (00:34:35)Joey discusses how Gen Z's independence challenges traditional business structures and offers opportunities for growth.Nurturing Staff Through Coaching (00:35:45)Madeline advocates for group coaching as a cost-effective way to support and develop younger employees.Leadership Mindset Shift (00:36:41)Discussion on the need for leadership to proactively engage with younger generations.Creating Infrastructure for Engagement (00:37:07)Emphasis on building systems that facilitate communication and support for younger professionals.Assumptions in the Workplace (00:37:11)Importance of avoiding assumptions and encouraging open dialogue among colleagues.Building Camaraderie in the Workplace (00:38:21)Sharing experiences of how informal interactions fostered strong work relationships.Impact of Remote Work on Relationships (00:38:44)Reflection on how remote work limits opportunities for bonding and relationship building.Networking Through Work Relationships (00:39:55)How professional connections made in early career stages can influence future opportunities.Personal Vision and Mission Statements (00:41:15)Discussion on the value of personal mission statements in guiding career paths.Two-Way Value in Sharing Goals (00:42:23)Exploration of how sharing personal goals with managers can enhance workplace relationships.Leadership Opportunities at All Levels (00:43:46)Encouragement that every role in an organization has the potential for leadership.Empowering Younger Staff (00:45:36)The benefits of encouraging younger employees to adopt a leadership mindset.Contacting Madeline for Resources (00:46:28)Information on how to reach Madeline Miller for coaching and resources.

Episode Title: 2024 Year in ReviewEpisode Notes:In our year end wrap up: Jody, Brett, Tom, Hannah, and Jamie share favorite moments from the show, podcasting resolutions and holiday gift wishes. the hosts reflect on personal anecdotes and provide their aspirations for the upcoming year. They also introduce a new behind-the-scenes team member."It’s super common for us to go into a conference and have someone say, "Hey, I love that podcast you’re on." It’s really cool, and we really enjoy it." – Jody GrundenThe finer details of this episode:Reflection on the past year in podcasting, particularly in the accounting industry.Personal anecdotes and memorable moments from individual podcasts.Insights gained from interviews with guests in various fields, including cannabis and accounting.Personal resolutions and goals for the upcoming year related to podcasting.Episode resources:● Summit Virtual CFO by Anders website: https://www.summitcpa.net/● If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com● Check out the Virtual CFO Playbook Course: https://vcfoplaybook.summitcpa.net/Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast, highlighting its purpose for young accounting professionals.Jodi's Favorite Podcast (00:00:23)Jodi humorously comments on productivity loss due to the team gathering for the podcast discussion.Indiana University Sports Victory (00:00:49)Brett congratulates Indiana University on a sports win, engaging in light banter about online gambling.Introducing Christine (00:01:39)Jodi introduces Christine, acknowledging her contributions and excitement about being on camera.Christine's Favorite Podcast (00:02:15)Christine shares her favorite podcast episode, highlighting its relevance to her as a college student.Introduction of Minna (00:04:12)Minna is introduced as a new team member, sharing her background and podcasting role.Podcast Ranking Discussion (00:04:49)Discussion about the podcast's ranking as number four among accounting firms in the nation.Mina's Podcasting Resolution (00:05:47)Mina expresses her goal to improve scheduling for podcast episodes moving forward.Brett's Podcast Insights (00:07:02)Brett discusses his podcast, "The Cannabis Access Show," and the educational value of his guests.Team Collaboration Acknowledgment (00:09:04)Brett thanks Christine for her behind-the-scenes support during a successful event.Hannah's Favorite Episode (00:10:08)Hannah reflects on her favorite podcast episode featuring guests from analytics discussing AI and innovation.Tom's Humorous Podcast Moment (00:11:41)Tom shares a funny moment about being recognized for another podcast, leading to a humorous realization.Storytelling in Podcasting (00:13:45)Tom discusses the importance of storytelling in consulting, inspired by his podcast guests.Jodi's Favorite Moment (00:16:13)Jodi expresses his enjoyment of spending time with Jamie during the podcast, highlighting the camaraderie.Insights from Speakers (00:17:35)Discussion on the value of listening to diverse podcasts and collaborating beyond company silos.Memorable Podcast Moments (00:17:59)Jodi recalls memorable episodes, including a dinner club discussion and a curious question about targeted ads.Podcasting Resolutions and Christmas Lists (00:19:51)Panelists share their podcasting resolutions and Christmas wishes in a combined fun question format.Jody's Gift Philosophy (00:20:46)Jody expresses a preference for giving experiences over receiving gifts, emphasizing meaningful connections.Tom's Podcasting Aspirations (00:21:27)Tom discusses his podcasting goals, focusing on client connections and exploring AI's impact on the industry.Hannah's Community Building (00:24:34)Hannah shares her goal to maintain a fun and approachable podcast atmosphere, encouraging community connections.Brett on Cannabis Regulations (00:26:01)Brett highlights the challenges of cannabis businesses under IRS 280E regulations and hopes for future changes.Christine's Supportive Role (00:31:27)Christine aims to support her co-hosts and improve podcast quality while sharing her personal listening habits.Christmas Gift Preferences (00:33:43)Christine shares her practical Christmas gift request for a blender, reflecting her love for cooking.Jamie's Podcasting Resolution (00:35:06)Jamie expresses a desire to improve follow-up with potential podcast guests met at events.Discussion on Podcast Guests (00:36:37)Jodi reflects on the importance of considering potential podcast guests during conversations.Fun Episode Recap (00:36:55)Jodi shares his enjoyment of the episode, highlighting the camaraderie and relaxed atmosphere.Appreciation for Contributions (00:37:14)Jodi expresses gratitude to everyone for their insights and participation in the podcast.Career Development for Young CPAs (00:37:23)The host promotes remote work opportunities for young CPAs at Summit Virtual CFO and Anders CPAs.

“It’s just so important to show up positive, to show up kind, to just put forth the best that you can because you just don’t know what’s going on in the background.” – Hannah Hood The finer details of this episode:Guidance for young accounting professionals in their early careersImportance of mindset and adaptability in navigating change within the accounting professionPersonal anecdotes highlighting lessons learned from mentorsThe role of empathy and positivity in client interactionsUnderstanding emotional responses to change and its impact on communicationTransitioning from technical skills to advisory roles in accountingBuilding meaningful relationships with clients beyond transactional interactionsEmbracing discomfort as a pathway to growth and effective communicationThe significance of being present and adaptable during client conversationsEncouragement to invest in personal development through learning from experiences and others Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Chris here: https://www.linkedin.com/in/chrispapin/Check out Papin CPA here: https://www.papincpa.com/ Timestamps: Introduction to the Podcast (00:00:00)The host welcomes young accounting professionals and introduces the purpose of the podcast. Theme of Growth and Learning (00:00:23)Joey discusses the importance of mindset for growth in accounting careers and shares personal lessons. Mentorship Anecdote (00:00:49)Joey reflects on lessons learned from his first mentor, Ralph, emphasizing opportunity cost and life lessons. Mindset and Change (00:02:03)Joey connects his mentor's lessons to adapting to change in the accounting profession and personal mindset. Empathy in Client Interactions (00:03:24)Hannah shares experiences working with clients, highlighting the importance of empathy and positivity. Inevitability of Change (00:04:23)Joey emphasizes that change is certain and discusses preparing oneself to respond effectively. Comfort with Change (00:05:28)Joey reflects on the comfort of structure in accounting and the need to adapt to change. Psychology of Change Management (00:06:31)Chris discusses the psychological aspects of change management and how emotions influence client behavior. Skills Gap in Accounting (00:08:53)Hannah notes the changing landscape of the accounting industry and the skills gap in change management. Importance of Flexibility (00:10:58)Chris emphasizes the necessity of being adaptable in client conversations and the evolving expectations. Balancing Processes and Flexibility (00:12:25)Joey discusses the need for foundational processes to enable agile conversations with clients. Interconnectedness of Planning and Financials (00:14:08)Chris highlights the relationship between business plans and financial statements in advisory roles. Building Trust with Clients (00:17:09)Chris shares strategies for fostering trust and open communication with clients for effective advisory work. Practice and Real Conversations (00:19:10)Joey talks about the importance of practice in preparing for difficult conversations in a professional setting. Football Analogy for Preparation (00:20:43)Joey and Chris discuss the relevance of practice in various fields, using football as a metaphor for preparation. Tom Brady's Legacy (21:01)Discussion on how perseverance and fundamentals can lead to success, illustrated by Tom Brady's comeback. Embracing Discomfort (22:31)The importance of being comfortable with discomfort for long-term success in client interactions and conversations. Learning from Experience (23:34)Sharing personal experiences of learning through practice and adapting one's style to improve client communication. The Psychology of Communication (24:52)Understanding emotional responses and the need for adaptability in client interactions to foster deeper relationships. Redefining Success (27:34)A conversation on how generational views on success and failure impact personal growth and professional development. The Value of Conversations (33:29)Highlighting the importance of meaningful conversations over rigid agendas in client meetings for building trust. Creating Safe Spaces (35:09)Discussing the vulnerability in financial conversations and the need for advisors to create a safe environment. Making a Difference (38:15)Illustrating the impact of timely assistance in client relationships and the importance of servant leadership in advisory roles. Personal Fulfillment in Client Relationships (00:40:54)Hannah shares a personal story about overcoming a difficult client interaction and the fulfillment gained from perseverance. Understanding Client Reactions (00:42:42)Discussion on how client reactions often stem from their own issues, not the service provider's actions. The Reality of Client Interactions (00:43:27)Hannah acknowledges that client relationships can be challenging and are influenced by clients' personal lives. Connecting with Chris Papin (00:43:56)Hannah invites listeners to connect with Chris Papin for additional resources and insights on LinkedIn. Opportunities for Young CPAs (00:44:47)Joey encourages young CPAs to explore career development and remote work opportunities with their organization.

“We need to get the phrase ‘exit planning’ out of our vocabulary. I like to call it business transition planning or transitioning you from wherever you are today to wherever you want to be.” – Adam  The finer details of this episode:Importance of fiduciary responsibility in financial planning.Relationship dynamics between financial advisors and CPAs.Challenges and implications of fiduciary principles for clients.The significance of being a fee-only financial advisor to minimize conflicts of interest.Strategies for young CPAs to build relationships with financial advisors.The role of transparency and communication in investment strategies.Evolving responsibilities of CPAs in the financial advisory landscape.Emotional aspects of financial decision-making and their impact on clients.Importance of having a clear financial plan and regular assessments.Educational resources and strategies for clients to enhance financial understanding. Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Adam here: https://www.linkedin.com/in/adamkoos/Check out Libertas Wealth Management here: https://www.libertaswealth.com/ Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast, focusing on career navigation for young accounting professionals. Understanding Fiduciary Responsibility (00:00:22)Discussion on the significance of fiduciary responsibility in financial planning and its implications for clients. The Importance of Being a Fiduciary (00:00:53)An expert explains why fiduciary status is crucial and the potential conflicts in the advisory industry. Questions to Ask Financial Advisors (00:02:37)Key questions for clients to ask financial advisors regarding fees and commissions to ensure fiduciary service. Conflicts of Interest in Financial Advisory (00:03:27)Exploration of how personal financial pressures can create conflicts of interest for financial advisors. What Defines a Fiduciary (00:04:14)Clarification on what being a fiduciary means and its importance in client-advisor relationships. Personal Experiences with Fiduciary Models (00:05:01)Discussion on personal experiences concerning fiduciary roles and the challenges faced in advisory firms. Navigating Non-Fee Only Relationships (00:06:15)Advice on how to engage with non-fee only advisors while maintaining respect and safety. Judging Character and Ethics (00:07:11)The importance of assessing moral and ethical standards when choosing a financial advisor. Building Portfolios and Ethical Considerations (00:09:04)Discussion on portfolio management and the ethical implications of investment choices. Understanding Red Flags in Portfolios (00:11:19)Identifying potential red flags in investment portfolios that may indicate conflicts of interest. The Role of CPAs in Financial Planning (00:12:17)Exploring the need for better communication between CPAs and financial advisors for effective planning. Venn Diagram of CPA and Advisor Roles (00:14:01)Illustrating the overlap of roles between CPAs and financial advisors in client financial planning. The Importance of Dialogue in Financial Planning (00:15:14)Emphasizing the need for ongoing conversations between CPAs and financial advisors for better outcomes. Fee Structures and Mutual Funds (00:15:34)Discussion on the implications of mutual fund fees and the importance of transparency in financial planning. Philosophical Views on Investment Choices (00:17:12)Sharing personal investment philosophies and the preference for ETFs over mutual funds in practice. Building Relationships with CFPs (00:17:28)Discusses the importance of young professionals developing relationships with Certified Financial Planners (CFPs). Navigating Financial Advisor Prospects (00:18:23)Advice on being selective with financial advisor outreach and building meaningful connections. Finding the Right Financial Partner (00:19:08)Emphasizes the need to choose trusted financial advisors over casting a wide net for referrals. The Exit Planning Institute (00:20:04)Recommends the Exit Planning Institute for networking with qualified financial professionals. Understanding Roles in Advisory (00:20:48)Clarifies the distinct roles of CPAs, financial advisors, and other professionals in business planning. Importance of Questionnaires (00:21:29)Suggests using detailed questionnaires to foster understanding and trust between financial professionals. Transitioning Businesses (00:22:17)Discusses the value of early stakeholder involvement in business transition planning. Reframing Exit Planning (00:23:06)Proposes renaming 'exit planning' to 'business transition planning' for a broader perspective. Enhancing Business Value (00:23:59)Explains how proper planning increases a business's enterprise value and operational efficiency. Avoiding Last-Minute Sales (00:24:34)Warns against procrastination in planning to avoid rushed sales or dissolutions. Creating Legacy Businesses (00:26:05)Encourages building businesses that can sustain income and value over time, regardless of sale. Collaborative Conversations (00:26:28)Highlights the benefits of gathering diverse stakeholders for productive discussions. Delaware Statutory Trusts (00:27:12)Introduces DSTs as a strategy for managing real estate investments and deferring taxes. Tax Strategies and Investments (00:30:07)Discusses the importance of long-term tax strategies over short-term tax minimization. Holistic Tax Loss Harvesting (00:32:00)Explains a strategy for tax loss harvesting while maintaining investment exposure. Understanding Concentrated Stock Positions (00:33:46)Discussion on the emotional and financial risks of holding onto highly appreciated stock. Emotional Decision-Making in Finance (00:36:15)Exploration of how emotions impact investment decisions and market behavior. The Importance of Education in Financial Planning (00:38:12)Emphasizing the need for client education and analogies to bridge understanding gaps. Emotional vs. Financial Decisions (00:39:48)Balancing emotional comfort with sound financial planning in client discussions. Client Engagement Strategies (00:40:31)Suggestions for actionable plans to enhance client relationships and decision-making. Connecting with Clients on Emotional Levels (00:41:05)Discussion on the significance of understanding clients' emotional ties to their businesses. Final Thoughts and Future Connections (00:46:03)Wrap-up conversation reflecting on ongoing education and future webinars to assist clients.

“You have to demonstrate that you care—not only to those whom you're working for but also to the clients and customers that you work with. Every customer, every client, has to think that they are your priority.” – John Scott The finer details of this episode:Journey of young accounting professionals in establishing their careers.Identifying and demonstrating interest in a specific niche within accounting.Role of mentorship in career development and guidance.Significance of effective communication skills in client relationships and teamwork.Strategies for building strong client relationships and understanding client needs.Value of asking questions and seeking clarification to enhance understanding Learning from mistakes as a crucial part of professional development.Proactive engagement in projects and responsibilities to build trust and expertise.Continuous learning and self-assessment to align with career advancement goals.Balancing opportunities with personal limits to maintain a manageable workload. Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with John here: https://www.linkedin.com/in/john-c-scott-cpa/Check out Anders here: https://anderscpa.com/ Timestamps:Welcome and Introduction (00:00:00)The host welcomes listeners and introduces the podcast's focus on young accounting professionals. Finding Your Niche (00:00:23)Discussion on how young CPAs can establish themselves as subject matter experts in their firms. Demonstrating Interest (00:01:28)Insights on how young professionals can show interest in their career paths. Learning from Experience (00:02:06)Reflecting on early career experiences and the importance of mentorship. Taking Notes (00:03:00)Emphasizing the necessity of taking notes during meetings to retain information. Client Prioritization (00:04:00)The importance of making clients feel prioritized and valued in service roles. Being Present (00:06:10)Discussing the significance of being fully present during client interactions. Learning from Mistakes (00:08:00)The value of asking questions and learning from early career mistakes. Asking Questions (00:09:00)Encouragement for young professionals to ask questions for better understanding. Understanding Financial Statements (00:12:00)The importance of analyzing financial statements for trends and insights. Telling the Financial Story (00:13:33)Discussing how to effectively communicate financial information to clients. Advisory Skills (00:14:40)Highlighting the shift from technical skills to advisory roles in accounting. Practice and Repetition (00:14:52)The need for practice and learning through trial and error in developing skills. Aligning Interests with Expertise (00:16:00)Advice on following personal interests to develop expertise in a specific area. Constructive Debates (00:18:36)The benefits of engaging in constructive debates to enhance understanding and perspectives. Effective Communication with Clients (00:19:45)Importance of understanding client communication styles to build effective relationships. Being Available for Opportunities (00:21:11)Encouragement for less experienced professionals to show interest and be available for new projects. Continuous Improvement and Comfort Zone (00:22:43)Advice on pushing oneself beyond comfort zones to progress in career and expertise. Reading Client-Relevant Books (00:23:08)Value of reading materials that clients engage with to enhance understanding and communication. Demonstrating Care for Clients (00:23:50)Emphasizing the importance of giving clients undivided attention to show genuine care. Saying Yes to Opportunities (00:24:17)Encouragement to accept additional responsibilities to foster career growth. Managing Workload and Delegation (00:25:09)Advice on assessing current tasks to allow for new opportunities without overloading. Learning from Client Interactions (00:26:08)The value of participating in discussions with successful business owners for professional growth. Trust and Responsibility in Delegation (00:27:00)Building trust through delegation and training to empower less experienced staff. Navigating Career Advancement Conversations (00:34:26)Strategies for discussing career advancement respectfully with partners in the firm. Establishing Control Over Career Progression (00:35:35)Importance of having a clear plan and goals to navigate career advancement. Addressing Impostor Syndrome (00:37:15)Managing fears regarding career paths and aligning expectations with supervisors. Understanding Job Responsibilities (00:38:10)Recognizing the differences in responsibilities at various career levels to ensure alignment. Travel Experiences (00:39:27)Discussion about personal travel experiences, highlighting favorite destinations and memorable moments. Italy Trip (00:39:55)Speaker shares insights on their recent trip to Italy, emphasizing beautiful scenery and local dining. Travel Delays (00:41:11)Narrative about flight delays affecting travel plans and the resulting hectic schedule. Conference Speaking Slot (00:41:46)Speaker discusses confusion over speaking schedule at a conference, leading to an unexpected situation. French Air Traffic Incident (00:42:52)Speaker reminisces about a past travel incident involving flight delays due to a strike in France. Connecting with John (00:43:45)Information on how listeners can reach out to John for advice and mentorship. Book Publication (00:45:05)Announcement of John's newly published book, "Judicial Dollars and Cents," available on Kindle.

“One thing that I love so much about this firm is that you've got the resources and the leadership to back you up when it comes to trying something new.” – Trey Meier  The finer details of this episode:Current state of recruiting at Anders accounting firmFirm's growth and expansion beyond St. LouisStrategies for attracting entry-level and experienced professionalsImportance of company culture and professional development opportunitiesAdaptability to remote work and creating a welcoming environmentNetworking and relationship-building initiatives for young professionalsDifferences in recruiting strategies for various candidate experience levelsEmphasis on personal attention and treating employees as individualsUse of technology and innovative practices in recruitmentEncouragement for candidates to actively engage and advocate for themselves during the hiring process Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Trey here: https://anderscpa.com/team-member/trey-r-meier/Check out Anders here: https://anderscpa.com Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast and its purpose for young accounting professionals. Introduction of Guests (00:00:23)Joey welcomes Trey Meier from Anders Recruiting and discusses their long-awaited conversation. Firm's Growth and Culture (00:01:06)Trey shares insights on Anders' positive changes and culture during his five years with the firm. Recruiting Strategy Overview (00:01:43)Discussion on Anders' strategy to enhance its reputation and attract talent beyond St. Louis. Expanding Recruitment Efforts (00:02:29)Trey explains outreach to more universities and early engagement with students. Experiential vs. Campus Recruitment (00:04:44)Differentiating the experiential side of recruiting from university outreach efforts. Recruiting Strategies for Different Audiences (00:06:01)Trey discusses tailored approaches for recruiting entry-level and experienced professionals. Networking Importance (00:07:03)Highlighting the significance of networking for young professionals at Anders. Selling Points for Anders (00:09:44)Trey identifies the firm’s unique culture and personal attention as key recruiting advantages. Work-Life Balance and Flexibility (00:11:06)Discussion on the firm's adaptation to flexible work environments and its benefits. Personal Experience with Hybrid Work (00:12:45)Joey shares a positive experience with Anders' hybrid work arrangements and technology. Welcoming Environment at Anders (00:14:08)Trey emphasizes the firm’s commitment to making all employees feel valued and welcome. Adapting to Global Reach (00:15:11)Exploration of how Anders is adjusting internal practices for a broader, remote workforce. Recruiting Strategies and Brand Awareness (00:15:27)Discussion on expanding Anders' brand recognition beyond St. Louis through marketing partnerships. Adapting to Remote Work (00:15:59)Exploration of maintaining firm culture and engagement with remote employees through internal events. Learning and Pivoting (00:16:44)Emphasis on continuous learning and adapting recruiting strategies based on what works and what doesn’t. Family Feel at Anders (00:17:30)Description of the supportive, family-like environment within the firm, fostering collaboration across teams. Leadership Engagement (00:18:21)Personal anecdote about feeling acknowledged by firm leadership, highlighting a unique company culture. Advice for College Graduates (00:20:04)Encouragement for college students to reach out and explore job opportunities actively. Importance of Outreach (00:21:10)Highlighting the necessity of direct communication with firms to understand their culture and opportunities. Advocating for Yourself (00:24:02)Discussion on the importance of candidates advocating for their needs during the job search process. Interviewing the Company (00:25:03)Encouragement for candidates to interview potential employers to ensure mutual fit. Networking and Building Connections (00:27:02)The significance of networking and maintaining relationships for future job opportunities. Current Hiring Opportunities (00:28:38)Overview of the firm's rapid growth and diverse hiring needs across multiple departments. Engagement with Anders (00:30:00)Encouragement for candidates to engage with the firm through social media and career pages for updates. Introduction to Partner Stories (00:30:51)Discussion on the success stories of new partners from non-traditional accounting backgrounds. Opportunities in the Firm (00:31:53)Emphasis on the vast opportunities available within the firm for various skill sets. Referrals and Networking (00:31:56)Importance of referrals and connecting with like-minded individuals for recruitment. Personal Interests Outside Work (00:32:25)Trey shares his hobbies, including sports and family activities outside of recruiting. Sports Culture in St. Louis (00:33:30)Conversation about St. Louis sports events and the firm’s connection to local sports. Office Environment and Location (00:34:12)Discussion on the firm’s modern office space and its proximity to sports venues. Flexibility in Work Locations (00:35:03)Overview of hybrid work options and the benefits of working from different office locations. Engaging with Recruiters (00:36:15)Encouragement for audience to connect with recruiters for networking and opportunities. Contacting Trey (00:36:38)Trey shares his availability and willingness to connect through various communication channels. Closing Remarks (00:37:34)Appreciation for Trey’s contributions to recruitment and the firm’s growth.

In this special episode of The Young CPA Success Show, four speakers with Halloween-themed personas—Jamie Nightmare, Hannah Hexed Hood, Adam Haunted Hale, and Joey Killing Kenny—engage in a lively draft-style discussion about their favorite Halloween movies. Jamie, the enthusiastic host, sets the stage and outlines the draft rules. Hannah humorously admits her limited horror movie experience, while Adam and Joey share their deep knowledge and personal anecdotes. The conversation is filled with playful banter and passionate debates as they each select and defend their top horror film picks, creating an engaging and entertaining Halloween-themed episode.

“I was stressed out, cranky, grouchy, and missing family events. That was the catalyst for me to figure out how to get Excel to do all the things I was doing manually.” – Jeff Lenning  The finer details of this episode:Importance of Excel skills for young accounting professionalsGaps in Excel training within college education for accounting studentsPersonal experiences of speakers regarding Excel proficiency and trainingImplementation of Excel training programs in organizationsThe versatility of Excel in both professional and personal projectsStructure and content of comprehensive Excel training coursesThe impact of outdated methods in accounting practicesThe evolving role of technology and AI tools in accounting, including Excel Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Jeff here: https://www.linkedin.com/in/jefflenning/Check out Excel University here: https://www.excel-university.com/ Timestamps:Introduction to the Podcast (00:00:00)The hosts welcome listeners to "The Young CPA Success Show" and introduce the topic of Excel skills. Excel in Early Careers (00:00:22)Discussion on how college education often leaves graduates unprepared for Excel demands in accounting. Feedback from Employers (00:00:54)Employers express concerns about the Excel skills of recent graduates and the need for better training. Excel Training at Summit Virtual CFO (00:01:59)Insights into how Summit Virtual CFO addresses Excel skill gaps through dedicated training resources. Course Structure for Excel Training (00:03:19)An overview of the comprehensive six-course Excel training designed to prepare accounting professionals. Genesis of Excel Skills in Auditing (00:04:43)The importance of organizing data in audits and its relation to Excel skills developed during careers. Challenges of Legacy Workbooks (00:05:36)Discussion on the inefficiencies of using outdated Excel workbooks and the need for improvement. Importance of Continuous Improvement (00:06:48)The necessity of enhancing workbooks to reduce time spent on monthly closes and improve efficiency. Excel's Longevity in Business (00:09:57)Exploration of why Excel remains a dominant tool in business despite advancements in technology. Excel's Versatility Beyond Accounting (00:12:48)Personal anecdotes on using Excel for non-business projects, showcasing its broad applicability. Half-Marathon Training in Excel (00:14:00)Discussion on planning personal projects like training schedules and vacations using Excel. First Half-Marathon Experience (00:15:24)Speaker shares their experience of completing their first half-marathon and the challenges faced. Maintaining Training Structure (00:16:13)Importance of having structured training plans to stay motivated and consistent in exercise routines. Here are the extracted timestamps and their titles in chronological order: Running Routine and Energy Boost (00:17:48)Discussion on morning runs and their impact on daily energy levels. Exercise and Career Structure (00:19:10)Connecting running routines to creating structure in professional engagements. Discipline and Goal Setting (00:20:16)The importance of discipline, planning, and setting goals in both running and career. Value of Preparation Over the Race (00:20:21)Emphasizing that the real value lies in preparation, not just completing the race. Community Support in Races (00:22:50)Highlighting the joy and community support experienced during marathons. Excel University Overview (00:23:59)Introduction to Excel University and its development over the past 12 years. CPE Credits and Practical Skills (00:26:10)Importance of practical skills in CPE courses for CPAs. Evolution of CPE Training (00:27:37)Discussion on the shift from traditional CPE classes to modern, interactive formats. Course Structure and Support (00:28:35)Overview of the blended learning approach in Excel courses, combining videos and live support. Future of Excel with AI Integration (00:32:47)Predictions on how Excel will evolve with AI technologies and user support features. Microsoft Copilot Introduction (00:34:23)Exploration of Microsoft Copilot as a native AI tool enhancing user experience in Excel. Running and Music Preferences (00:35:59)Discussion about music and nature during running, highlighting personal preferences. Engaging the Mind While Running (00:37:05)Speakers talk about using running time to think and develop ideas. Favorite Podcasts (00:39:13)Introduction of the "All In" podcast as a new favorite for engaging discussions. Excel University Resources (00:40:26)Information about Excel University courses and a free CPE course for CPAs.

“Finding a good mentor can be hard, but it is such a big deal. My internship opened my eyes to all the possibilities the industry has to offer.” – Chayton Farlee  The finer details of this episode:The need for modernizing content delivery methods in the accounting profession.The potential of using platforms like TikTok and LinkedIn to engage younger audiences.The importance of mentorship and networking for accounting students.The challenges faced by students in understanding the diverse career paths in accounting.The significance of practical experience and internships in preparing for accounting careers.The role of storytelling in reshaping how accounting is viewed by prospective students.The importance of early outreach to students to highlight opportunities in accounting. Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Chayton here: https://www.linkedin.com/in/chaytonfarlee/ Timestamps:Introduction to the Podcast (00:00:00)The host welcomes listeners and outlines the podcast's purpose for young accounting professionals. Need for Content Change (00:00:23)Joey discusses the necessity to adapt their content creation strategy, suggesting a TikTok account. Mixed Feelings About TikTok (00:00:37)Hannah shares her apprehensions about using TikTok while acknowledging its potential to engage younger audiences. Old Guys at the Party (00:01:00)Joey compares their TikTok venture to being the older alumni at a college party, emphasizing the importance of relevance. Responsibility to the Next Generation (00:01:54)Joey reflects on the responsibility to disseminate information for the next generation entering the accounting field. Influence of TikTok (00:02:23)Hannah acknowledges TikTok's influence and the importance of storytelling in reaching audiences. Potential LinkedIn Challenge (00:03:42)Joey anticipates a LinkedIn challenge from Producer Rob to enhance their professional networking. Building Professional Relationships (00:04:57)Joey discusses the significance of cultivating professional connections and shares insights from Jaden on effective networking. Chayton Farlee's Introduction (00:06:10)The speakers introduce Chayton Farley, an accounting student, and invite him to share his background. Chayton's Journey into Accounting (00:06:33)Chayton recounts his journey into accounting, emphasizing his experiences during COVID and discovering his passion for the field. Influence of Podcasts (00:08:54)Chayton discusses how listening to accounting podcasts helped him understand the profession beyond classroom teachings. Rebranding the Accounting Profession (00:16:02)Chayton advocates for rebranding accounting to highlight its value-adding aspects beyond compliance and traditional roles. Experiences from an Internship (00:20:39)The conversation shifts to Chayton's current internship, exploring the differences between classroom learning and practical experience. Chayton's Internship Experience (00:20:42)Chayton shares insights about his internship, highlighting mentorship and practical experience with tax returns and firm management software. Understanding Operations in Accounting (00:22:29)Discussion on the importance of operations within accounting firms, often overlooked in traditional education. Learning About Budgeting (00:23:33)Joey emphasizes the significance of understanding budgeting in accounting, a concept rarely taught in school. The Value of Mentorship (00:26:07)Hannah reflects on the importance of mentorship, sharing her positive internship experience and its impact on her career. Networking on LinkedIn (00:27:40)Discussion on the benefits of networking on LinkedIn, including finding mentors and job opportunities. Building Relationships over Transactions (00:34:08)Chayton stresses the importance of cultivating genuine relationships rather than viewing networking as a transactional process. Professors' Role in Student Networking (00:36:19)Chayton suggests that professors should be more active on LinkedIn to help students connect with industry professionals. Challenges of Content Creation on TikTok (00:38:15)Joey discusses the difficulties accountants face in creating concise, engaging content on platforms like TikTok. The Need for Quality Content (00:41:20)Joey expresses concerns about the quality of accounting information shared on TikTok. Discussion on TikTok Strategy (00:42:00)The group discusses the potential of starting a TikTok account for engaging younger audiences. Importance of Information Dissemination (00:42:10)Joey emphasizes the responsibility of professionals to share digestible information with students. Daily TikTok Clips Strategy (00:43:00)Chayton shares his goal of posting daily short clips from his podcast on TikTok. Changing Perspectives on Accounting (00:44:57)Chayton discusses the negative perceptions of accounting compared to consulting and tech careers. Challenges of Additional Education Costs (00:45:39)Joey highlights the financial burden of pursuing an extra year of education for accounting. Tech's Impact on Accounting (00:45:48)Joey mentions how technology has changed the accounting landscape, affecting career choices. Content Creation Ideas for Accounting (00:46:19)Joey suggests creating relatable content showcasing modern accounting work-life. Perception Issues in Accounting (00:47:09)The speakers agree on the need to change outdated perceptions of accounting careers. Highlighting Tech and Consulting in Accounting (00:48:34)Chayton advocates for showcasing tech integration in accounting to attract new talent. Flexibility in Modern Accounting Jobs (00:50:02)Joey discusses the increased flexibility and work-life balance in contemporary accounting roles. Encouraging Student Engagement (00:53:35)Chayton suggests reaching out to students through virtual meetings to discuss diverse accounting careers. Importance of Early Career Engagement (00:55:02)Joey emphasizes the need to engage students early about accounting career opportunities. Open Dialogue Between Generations (00:56:52)Joey calls for open communication to understand what younger generations want from their careers. Closing Thoughts and Connections (00:57:23)Chayton shares how listeners can connect with him for further discussions and insights.

“I had a ton of imposter syndrome coming into this. It was severe, but it's been such a bright light in my life and career, getting to have honest conversations with folks.” – Hannah Hood “If that is something that you're interested in, do the damn thing.” – Joey Kinney The finer details of this episode:Importance of creating content tailored for young accounting professionals.Discussion of imposter syndrome and its prevalence in the accounting field.Reflection on the podcast's impact and growth over its first year.Recognition of the skills gap in middle management within the industry.Emphasis on the courage to pursue career changes and entrepreneurial ventures.The evolving landscape of entrepreneurship in accounting, facilitated by technology.The significance of mentorship and community support for young professionals.Celebration of the podcast's milestones and listener engagement.Encouragement for young CPAs to embrace their ambitions and seek guidance.Acknowledgment of the need for diverse perspectives, particularly from women in the industry. Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunities Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast, aimed at guiding young accounting professionals in their careers. Year in Review (00:00:22)Discussion about the podcast's first year and the importance of recognizing team contributions. Introducing Roxanne Raynor (00:01:50)Roxanne shares her behind-the-scenes role and reflects on her experience with the podcast. Rob Semos Joins the Conversation (00:02:10)Rob introduces himself, discussing his background in video editing and his contributions to the podcast. Hannah's Growth and Support (00:10:12)Hannah expresses gratitude for support from her co-hosts and shares her rewarding experiences with the podcast. Imposter Syndrome Discussion (00:11:03)Hannah talks about overcoming imposter syndrome and the positive feedback received from listeners. Highlighting Audience Engagement (00:11:35)Hannah mentions reaching out to the audience for feedback and the podcast's impact on listeners. Skills Gap in Middle Management (00:15:28)Discussion on the skills gap in middle management and the need for solutions in the accounting industry. Courage and Resiliency in Guests (00:18:25)Joey highlights the courage shown by guests who take initiative to address industry challenges. Courage to Take Action (00:19:34)Discussion on the importance of courage in pursuing new skills and opportunities. Soft Skills vs. Technical Skills (00:19:54)Exploration of whether courage or skills are more crucial for career growth. Barriers to Entry in Entrepreneurship (00:20:28)Insights on how starting an accounting firm has become more accessible for young professionals. The Impact of Technology on Opportunities (00:22:44)Discussion on how technology and interconnectivity create new opportunities for young entrepreneurs. Encouragement for Young Professionals (00:23:54)Motivating young individuals to take advantage of the current landscape for career advancement. Podcast Reach and Impact (00:25:13)Reflection on the unexpected reach and impact of their podcast on listeners. Download Statistics Reveal Success (00:26:41)Sharing impressive download statistics and audience engagement with the podcast. Favorite Listening Times (00:28:02)Discussion on when listeners prefer to tune into the podcast, highlighting commute times. Importance of the Podcast for Young Professionals (00:30:15)Exploration of how the podcast addresses the challenges faced by young professionals in accounting. Mentorship Reflections (00:31:27)Hannah shares her thoughts on the importance of mentorship in career development. The Journey and Its Lessons (00:32:52)Discussion on how personal experiences shape the perspectives shared on the podcast. Opportunities for Change in Accounting (00:35:08)Encouragement to create transparency and change perceptions about the accounting profession. Recommended Podcast Episodes (00:35:55)Suggestions for past episodes that can benefit young professionals entering the industry. Diversity of Perspectives in Podcast Guests (00:37:07)Highlighting the variety of guests and perspectives shared on the show. Celebrating One Year of the Podcast (00:38:22)Reflection on the podcast's first anniversary and its significance. Feeling Like a Mentor (00:39:04)Discussion on personal feelings about mentorship and imposter syndrome. Reflection on Growth (00:39:09)Discussion on personal growth and opportunities gained since starting the show. Role of a Mentor (00:39:45)Speaker shares their desire to be a supportive figure rather than a traditional coach. Celebrating One Year (00:40:52)Acknowledgment of the podcast's first anniversary and its evolution from an idea to a successful show. Gratitude for Team Support (00:41:14)Expressions of thanks to team members who contributed to the podcast's success. Cheers to Future Opportunities (00:41:52)A toast to the past year and excitement for future endeavors, emphasizing camaraderie. Career Development Opportunities (00:42:04)Invitation for young CPAs to explore remote work opportunities and open positions.

“I want to make sure that whatever we create, it's not only conducive for my lifestyle but for my entire team.” – Jody Grunden The finer details of this episode:Transformation of the accounting professionChanging perceptions within the accounting industryImportance of personal relationships and communication in professional successExperiences and challenges faced in public accounting and corporate rolesEntrepreneurial journey and founding of Summit CPA GroupEmphasis on work-life balance and flexible work environmentsAdoption of remote work and its impact on company cultureNeed for adaptability and innovation in accounting practicesRole of soft skills and interpersonal relationships in future accounting careersEncouragement for young professionals to embrace change and seek personal development opportunities Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Jody here: https://www.linkedin.com/in/jodygrunden/Check out Summit Virtual CFO by Anders here: https://www.summitcpa.net/ Timestamps:Welcome to the Young CPA Success Show (00:00:00)Introduction to the podcast aimed at guiding young accounting professionals in their careers. Changing Perceptions in Accounting (00:00:23)Discussion about the importance of altering how the world perceives accounting. Jody's Journey in Accounting (00:01:23)Jody shares his background, from studying finance to discovering his passion for accounting. Experiences in Public Accounting (00:02:35)Jody recounts his challenging experiences in public accounting and the toll it took on him. Transition to Corporate World (00:04:09)Jody describes his shift from public accounting to corporate roles and initial enjoyment. Starting an Entrepreneurial Journey (00:05:38)Jody discusses leaving corporate life to run a small CPA firm and its challenges. Creating Summit CFO (00:07:14)Jody details the founding of Summit CFO, focusing on innovative practices and culture. Changing the Way Accounting Works (00:08:42)Jody emphasizes his goal to transform accounting practices for better work-life balance. Pioneering New Accounting Practices (00:10:14)Recognition of Jody as a pioneer in innovative accounting practices and culture. Overcoming Obstacles in Accounting (00:12:01)Discussion on turning challenges into opportunities and embracing change in the industry. Building Team Culture (00:14:00)The importance of intentional team culture and communication in remote work environments. Risk and Change in Accounting (00:15:02)Challenges accountants face with risk and change, and the need for adaptable team members. Here are the extracted timestamps and their corresponding titles from the podcast episode transcription segment: Going Remote: The Decision (00:15:42)Discussion on the decision to go fully remote and initial reactions from the team. Stand-Up Meetings and Culture (00:16:36)Overview of stand-up meetings, starting with jokes, and fostering a collaborative culture. Initial Resistance to Remote Work (00:17:14)Team members express concerns about remote work; only one person agrees to the idea. Office Renovation and Investment (00:18:32)Details about the office renovation and the unexpected shift towards remote work. Lessons from the Transition (00:19:17)Reflections on the financial implications of the office renovation amidst the remote transition. Adapting to Remote Work (00:20:03)Gradual acceptance of remote work by team members and the eventual leasing of the office. Listening vs. Acting (00:21:02)Speaker discusses the importance of listening to feedback without feeling obligated to act on it. The Entrepreneurial Spirit (00:22:16)Exploration of the entrepreneurial mindset within the company and its impact on employee roles. Compensation Structure and Flexibility (00:23:50)Explanation of the compensation model that supports both ambition and security for employees. Importance of Diverse Roles (00:27:06)The necessity of having both ambitious and content employees for company success. Evaluating Potential Hires (00:28:20)Criteria for assessing candidates, including sports and teamwork experience beyond academics. Remote Work Dynamics (00:29:46)Discussion on the effectiveness of remote work and maintaining engagement through video calls. Remote Work Presentation Tips (00:31:12)Importance of professional camera presence and background during virtual interviews. Creating Work-Life Boundaries (00:32:03)Discussion on the necessity of having a designated workspace to separate work from personal life. Flexibility in Remote Work (00:32:50)Benefits of remote work include flexibility for personal emergencies and family commitments. Task-Oriented vs. Hours-Driven Work (00:34:23)Emphasis on productivity based on task completion rather than hours worked. Balancing Career and Family (00:35:18)Personal experiences of balancing a career in accounting with family responsibilities. Company Culture and Flexibility (00:36:11)Summit CFO’s supportive environment allows employees to prioritize family alongside work. Personal Health Journey (00:37:15)Speaker shares health improvements and lifestyle changes since joining Summit CFO. Work-Life Integration (00:38:49)Discussion on the shift from work-life balance to work-life integration for better fulfillment. Vision for Accounting's Future (00:40:12)Changing perceptions about accounting for clients and the industry, aiming for innovation. AI's Impact on Accounting (00:45:58)Predictions on how AI will transform traditional accounting roles and emphasize advisory services. Importance of Soft Skills (00:47:40)Highlighting the growing need for soft skills in accounting to build client relationships. The Importance of Client Relationships (00:48:24)Discusses a challenging client onboarding experience emphasizing the value of personal relationships in client retention. The Power of Communication (00:48:38)Highlights the necessity of communication skills for success in any profession, including accounting. Curiosity in the Workplace (00:49:47)Encourages questioning established practices to foster innovation and improve job performance. The Cake Story Analogy (00:50:26)Shares a humorous story illustrating the importance of understanding the reasons behind actions and practices. Innovating Through Inquiry (00:51:14)Explains how being curious and asking "why" can lead to better processes and innovation in the workplace. Wrapping Up the Podcast (00:51:29)Concludes the episode, expressing gratitude and excitement for future connections and opportunities. Connecting with Jody (00:52:10)Provides information on how listeners can connect with Jody and learn more about his work. Invitation for Young CPAs (00:52:57)Encourages young CPAs to explore career development opportunities with Summit CFO and Anders CPAs.

“Everyone in the accounting industry talks the lingo, the foreign language of accounting. We know what we're talking about. But, for our clients, most of them don’t. It’s our job to help them understand by translating our technical jargon into something simpler.” – Peter Margaritis, CSP, CPA The finer details of this episode:Importance of communication and storytelling skills for accountantsTranslating technical accounting language into plain English for clientsUnderstanding and connecting with clients on a personal levelEfforts at Oklahoma State University to incorporate communication and client service skills into the accounting curriculumDeveloping communication skills in the classroomTailoring communication to different personality types and communication styles in client interactionsSignificance of non-verbal communication, particularly in virtual environmentsSoft skills and power skills for young accountantsPrinciples of improvisation and its relevance to client interactions and teamworkBalancing future-oriented thinking with present-focused awareness Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Peter here: https://www.linkedin.com/in/petermargaritis/Check out The Accidental Accountant here: https://petermargaritis.com/ Timestamps:The importance of communication and translation (00:00:22)Discussion on the vital role of accountants in translating technical language for business owners and the need for young accountants to develop communication skills. Incorporating communication skills in accounting education (00:01:13)The efforts at Oklahoma State University to include professional development workshops in the accounting curriculum to prepare students for effective communication. Translating technical language into plain English (00:02:33)A real-life example illustrating the consequences of failing to communicate technical accounting language to a business owner and the need for accountants to bridge this gap. Challenges in learning storytelling skills (00:04:35)The difficulties young accountants face in learning storytelling skills and the importance of understanding and connecting with clients on a personal level. Starting to learn storytelling skills (00:05:57)The suggestion to practice explaining accounting tasks to friends and family in simpler terms as a starting point for developing storytelling skills. Tailoring the message to the audience (00:07:41)The necessity for accountants to tailor their message to the audience, along with strategies for understanding the language of the person being communicated with. Resistance to incorporating communication in accounting education (00:10:54)Discussion on the resistance and challenges faced in integrating communication skills into accounting education at the university level. Changing perceptions of accounting through storytelling (00:13:54)The potential impact of changing the way accountants communicate about their profession to high school students to attract more individuals to the accounting field. Impact of storytelling in changing perceptions about accounting (00:15:18)How storytelling and sharing personal experiences in accounting can change students' perceptions about the profession and attract them to consider accounting as a career. Building rapport with clients through language understanding (00:17:54)The importance of understanding the language and buzzwords of different industries to build rapport with clients and connect with them on a deeper level. Connecting with clients through personal stories (00:19:29)The significance of finding a connection with clients through personal stories and interests, and the impact it has on building relationships. The connection and trust-building in client relationships (00:20:07)Importance of genuine connection for developing trust with clients, leading to better understanding and communication. Understanding and adapting to different client personalities (00:20:59)Discussion on using the DISC personality assessment to understand and adapt to different client personalities for effective communication. Importance of body language in virtual communication (00:26:20)Emphasizing the significance of turning on the camera in virtual meetings to convey engagement and avoid misinterpretations. Flexibility and teamwork in communication (00:28:25)Recognizing the value of complementary skill sets and adaptability in teamwork and communication. The impact of attitude and improvisation in daily interactions (00:33:47)Highlighting the significance of maintaining a positive attitude and being present in daily interactions, drawing parallels with improvisation techniques. The art of consulting and understanding client needs (00:37:21)Drawing parallels between improv skills and consulting, emphasizing the importance of understanding and adapting to client needs. Intentional focus on present space and personal growth (00:38:13)Recognizing the need for intentional focus on living in the present and improving current circumstances for personal growth. The importance of preparation (00:39:19)Discussion on the significance of overpreparing and then improvising in presentations and speeches. The power of storytelling (00:40:15)Exploration of Martin Luther King's improvisation during the "I have a dream" speech and the impact of storytelling on evoking emotions. The art of public speaking (00:42:13)The importance of overpreparation for public speaking and the ability to pivot and connect with the audience. The impact of storytelling (00:43:15)The value of storytelling in aligning emotions with data and making a lasting impression on clients. The art of storytelling (00:44:30)Discussion on the art of storytelling, including the need for stories to be true and emotional rather than just factual. The role of emotions in decision-making (00:45:16)The influence of emotions on decision-making and the importance of aligning emotions with data in client interactions. Personal interests and hobbies (00:46:33)Insight into the personal life and hobbies of Peter, including writing, biking, and stand-up comedy. Connecting with the audience (00:50:15)Peter's contact information and a light-hearted exchange about connecting with him outside the show.

“We want to have conversations that are meaningful, that are impactful, and I can guarantee you that we are walking away from these conversations trying to implement these in our organization and our community.” – Ayo Owodunni The finer details of this episode:Importance of inclusive leadership and challenges in embracing diversity, equity, and inclusion (DEI) initiativesBusiness case for DEI and its positive impact on profitability and revenue in companiesBuilding trust and connection with diverse team membersAddressing privilege and mindset shift in viewing people as assetsLeveraging different perspectives to drive innovation and successImportance of fostering inclusive leadership and embracing diversityBuilding trust and rapport in coachingValue of emotional intelligence in coaching and leadershipT-GROW model for coaching conversationsT-GROW model for setting and achieving goals Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Ayo here: https://www.linkedin.com/in/ayoowodunni/Check out Ayo here: www.ayoowo.com Timestamps:Introduction (00:00:00)Introducing the podcast and its purpose.Importance of Inclusive Leadership (00:00:23)Discussion about the importance of inclusive leadership and the challenges in implementing diversity, equity, and inclusion initiatives.Challenges in Embracing Diversity and Inclusion (00:01:28)Exploring the challenges and potential facade in companies' investment in diversity, equity, and inclusion initiatives.The Need for Tangible Actions (00:02:11)Emphasizing the importance of real tangible actions in building inclusive communities and infrastructure.Commitment to Making a Difference (00:03:11)Expressing the commitment to meaningful and impactful conversations to incite change in the organization and industry.Leadership and Psychological Safety (00:04:09)Discussing the importance of psychological safety and leadership at all levels in organizations.Background of the Guest (00:07:05)Ayo introduces himself and his expertise in management consulting and inclusive leadership.Embracing Privilege and Inclusivity (00:10:30)Encouraging the embrace of privilege and using it for the good of communities and emphasizing the common goals and connections among individuals.Shifting Mindset on Diversity and Inclusion (00:13:27)Highlighting the importance of shifting the mindset from considering diversity and inclusion as expenses to viewing them as investments and assets.Business Case for Diversity and Inclusion (00:14:26)Presenting business cases and studies that demonstrate the benefits of diversity, equity, and inclusion initiatives in organizations.Building Trust and Connection (00:19:11)Strategies for developing relationships, connecting with diverse team members, and fostering trust within the team.Building Trust and Rapport (00:20:04)Strategies for building trust and rapport, including asking personal questions and using personality assessments.Importance of Emotional Intelligence (00:24:57)Discussion on the importance of emotional intelligence in leadership and business relationships.Empathy and Cultural Understanding (00:25:20)The value of empathy and understanding different cultural backgrounds in leadership and management.Fostering Relationships and Trust (00:27:21)Anecdotes and insights on the importance of fostering relationships and trust in the workplace, including a story about cultural adaptation.Continuous Relationship Building (00:32:09)The need for ongoing and intentional relationship building and fostering trust in coaching and leadership.Different Types of Coaching (00:36:10)Exploration of on-the-spot coaching and long-term coaching, and the importance of distinguishing between the two in coaching relationships.Developing Executive Presence (00:39:33)Discussion on creating a plan for developing executive presence, including setting goals, identifying realities, exploring options, and planning the way forward.Application of T-GROW Model in CPA Exam Preparation (00:43:20)Comparison of using the T-GROW model to break down the CPA exam into manageable chunks for better success and its practical applications beyond coaching.Personal Goal Setting Using T-GROW Model (00:44:13)Exploration of using the T-GROW model for personal goal setting and self-coaching, emphasizing the importance of a growth mindset and accountability.The Power of Asking the Right Questions (00:46:06)Importance of asking the right questions as a coach, fostering collaboration, and empowering individuals to think and come up with their own ideas.Practical Applications of T-GROW Model (00:47:02)The effectiveness of coaching through asking questions and helping individuals own their ideas, with practical examples from coaching experiences.Community Engagement and Personal Interests (00:50:48)Ayo's involvement in connecting with the community, exploring diverse activities, and personal interests in reading and writing.Book Recommendation and Leadership Insights (00:52:24)Ayo's current reading, "Leading" by George B. Cuff, and its relevance to leadership, emphasizing the importance of asking quality questions.Connect with Io (00:53:38)Ayo's contact information for connecting on LinkedIn, Instagram, or visiting the website.Closing Remarks (00:54:18)Thanking Ayo for the insightful discussion and expressing interest in future webinars, followed by a brief advertisement for career opportunities.

"My vision is to have a boutique crypto accounting and tax firm. I want to be the premier crypto accounting firm in the U.S., maybe in the world." – Mackenzie Patel The finer details of this episode:Bold career decisions and experiences in the accounting industryMackenzie Patel's focus on cryptocurrency and AI in her accounting firm, Hash BasisMackenzie's journey from considering a career in Big 4 accounting firms to finding her niche in the industryTransition to focusing on cryptocurrency and AI in her accounting firmMackenzie's passion for the technical aspects of accounting and her excitement about the intellectual challenges presented by the crypto industryChallenges and opportunities presented by the volatility of cryptocurrenciesChallenges of hiring for her accounting firm, particularly for the role of a senior crypto accountant Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Mackenzie here: https://www.linkedin.com/in/mackenziepatel/Check out Hash Basis here: https://www.hashbasis.xyz/ Timestamps:Bold Career Decisions (00:00:23)Hosts and guest share their boldest career decisions, including leaving the accounting industry and making a significant life change.Transitioning Careers (00:04:09)Joey discusses transitioning from accounting to insurance and then back to accounting, highlighting the challenges and successes of the journey.Mackenzie Patel's Bold Leaps (00:05:49)The hosts admire Mackenzie Patel's bold career decisions and discuss her passion for cryptocurrency and AI, inspiring others.Early Career Challenges (00:09:26)Mackenzie Patel shares her early career experience, including her decision to move away from the traditional path of working in a big four firm.Discovering Career Preferences (00:12:52)Mackenzie Patel reflects on her internships and how she realized that audit was not the right fit for her, leading her to find a better-suited role at Honeywell.Cryptocurrency and AI Focus (00:16:07)The hosts inquire about Mackenzie Patel's decision to focus on cryptocurrency and AI in her accounting firm, Hash Basis, and the excitement and challenges within this space.The journey into crypto (00:16:43)Mackenzie's transition from corporate accounting to crypto, and her passion for the industry.Passion for accounting and crypto (00:18:09)Mackenzie's enthusiasm for accounting and her deep dive into the crypto world.Entrepreneurial leap into crypto accounting (00:21:33)Mackenzie's decision to start her own crypto accounting firm and the influence of her family background.Challenges and joys of crypto accounting (00:24:37)The unique challenges and joys of working in the emerging field of crypto accounting.The future of crypto and stability (00:27:56)The potential for stability in cryptocurrency and its future as a medium of exchange.Vision for the firm (00:30:11)Mackenzie's vision for her boutique crypto accounting and tax firm, emphasizing a personal and end-to-end service approach.Setting Boundaries and Family Planning (00:32:53)Discussion about setting boundaries and planning for family while managing career growth.Challenges of Hiring and Culture Building (00:33:25)Mackenzie's process of hiring and the challenges faced in finding the right fit for her firm's culture.Importance of Personality Quirks in Hiring (00:34:13)Mackenzie's approach to hiring, focusing on understanding the essence of the person through candid conversations.Revolutionary Business Services and Early Hires (00:35:46)Comparison of Mackenzie's hiring challenges with the experiences of the hosts' bosses when they started their firm.Self-awareness and Compatibility in Hiring (00:37:03)The importance of self-awareness and compatibility in the hiring process, likened to dating.Formatting Quirks and Attention to Detail (00:37:23)Discussion about the importance of formatting quirks and attention to detail in the workplace.Generational Divide: One Space or Two? (00:40:05)Conversation about the generational divide in typing spaces and the history behind it.Marriage Advice and Communication (00:45:46)Advice on understanding weaknesses and communication styles in a marriage, including love languages.Untraditional Wedding and Making Decisions for Yourself (00:48:48)The importance of making wedding decisions for oneself and not solely to please others.Marriage and Communication (00:49:56)Discussion about wedding experiences and the importance of communication in relationships.Trash TV Shows (00:51:25)Conversation about favorite trash TV shows, including "The Bachelor," "The Bachelorette," and teen rom-coms.Television Preferences (00:52:51)Mackenzie's preference for anime and teen rom-coms, Joey's eclectic TV tastes, and his favorite show "The OC."Connecting with Mackenzie (00:56:11)Mackenzie shares her website and LinkedIn profile for listeners to connect with her.Closing Remarks (00:56:47)The hosts thank Mackenzie for joining the show and share information about career opportunities for young CPAs.

“When it comes to mentoring, it takes a big-picture approach to understand that you're just learning and gaining that expertise. You're being mentored to climb the ladder. You're being pulled up and building that expertise, but you're also pulling people with you. During that time, it doesn't mean that you don't know anything. You're able to pay forward the expertise that you have.  For example, if you only have four years of experience in accounting, you have many years' worth of experience to learn.But you are four years ahead of a 22-year-old just getting out of college. And trust me, that 22-year-old is going to think the person with four years of experience is an amazing genius.It’s just four yearsof professional experience, but it can provide tons of value to the college entry-level grad.” – Karl Baker  The finer details of this episode:Challenges and compliance-oriented nature of public accountingImportance of understanding the industry before pursuing a career in accountingSignificance of mentorship and seeking guidance in one's careerEmbracing challenges and learning from difficult experiencesDelayed gratification in careers, particularly in the accounting fieldImpact of experienced professionals in guiding and supporting younger professionalsCultivating an "owner mentality" in staff members and the role of leadership Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesConnect with Karl here: https://www.linkedin.com/in/karl-baker-b703a54/Check out Baker CFO Advisory, LLC here: https://www.bakercfoadvisory.com/ Timestamps:Looking back (00:00:23)Reflections on past decisions and the concept of "do-overs" in life and career. Career regrets (00:01:00)Hannah shares regrets about prioritizing her husband's career over her own and leaving a job in her 20s. Joey's career decision (00:03:31)Joey reflects on his career decisions and the impact of leaving a job in his mid-20s. Advice from a flight (00:04:21)Joey shares advice he received on a flight and reflects on his career decisions. Karl's public accounting experience (00:11:17)Karl Baker shares his experience in public accounting and the challenges he faced. Shift in public accounting (00:15:17)Discussion on the need for improvement and a shift in the public accounting industry's culture and tone at the top. Tax planning experience (00:17:30)Joey shares a challenging experience with tax planning that led to his decision to move away from public accounting. Understanding the Value of Experience (00:19:13)Discussion on the importance of gaining experience and understanding the value of different career paths in accounting. Real-world Problem Solving in Public Accounting (00:20:28)Experience and skills gained from dealing with real, challenging accounting issues in public accounting. Embracing the Challenges and Learning from Them (00:23:30)Embracing difficult situations and learning from them, leading to personal and professional growth. Gaining Expertise and Sharing Knowledge (00:27:06)The journey of gaining expertise and the value of sharing knowledge and expertise with others. Delayed Gratification and Building Expertise (00:27:19)Understanding the value of delayed gratification in building expertise and the importance of learning in the early years of a career. Mentorship and Leadership (00:29:39)The significance of mentorship and leadership in career development, with a focus on the impact of mentors and leaders. Learning to Ask Questions and Humility (00:32:53)The importance of asking questions, humility, and learning from experiences in the early stages of a career. Developing an Ownership Mentality (00:37:00)The importance of nurturing an ownership mentality in staff and providing a path for future growth and leadership. Client Presentation Experience (00:39:27)Karl's unexpected client presentation experience, leadership demonstration, and the lesson of being prepared. Career Path Conversations (00:42:35)Hannah's regret about not having career path conversations earlier and the importance of self-advocacy. Leadership Encouragement (00:43:52)Encouragement for listeners to have career advancement conversations and the significance of trust and self-advocacy. Transparency and Trust (00:46:36)The importance of transparency in leadership decisions and building trust for mutual benefit. Self-Advocacy and Career Evolution (00:48:40)Karl's experience of self-advocacy, the trust between individuals and firms, and the evolution of a career. Professional and Personal Interests (00:51:15)Karl's transition to a financing advisor, his work-life balance, and personal interests in golf, reading, and coffee. Coffee Enthusiasts (00:53:11)Discussion about the mocha pot and the integration of accountants and coffee lovers. Contact Information (00:54:38)Karl's contact information and his real estate investing podcast.

“In the American workplace, 80% of workers feel stress on the job, and nearly half say they need help in learning how to manage stress. If your people are stressed and they're not talking to you about it, that's a clue that you need to change something in your organization.” – Joey Kinney The finer details of this episode:Stress management in the workplace and at homeChallenges of setting boundaries and prioritizing tasks in work-life balanceImpact of stress on personal lives and managing competing interestsRole of leaders in addressing recurring structural problems contributing to stress Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitiesFor more on David Allen’s Getting Things Done® approach mentioned in the episode, check out the Modern CPA Success Show’s episode with Tom and David Allen: https://podcasts.apple.com/us/podcast/getting-things-done-with-david-allen/id1485035727?i=1000595997191 Timestamps:The podcast introduction (00:00:00)Introduction to the podcast and its purpose. Discussing the intention of merging podcasts (00:00:33)Exploring the idea of merging podcasts to create intentional opportunities for audiences to interact. The impact of stress in the workplace (00:01:04)Exploring the impact of stress on individuals in the workplace and the need for stress management. Challenges in managing work-life balance (00:03:07)Challenges in compartmentalizing work and home life, and the evolving understanding of work-life balance. Statistics on workplace stress (00:04:52)Statistics on workplace stress, including the percentage of workers feeling stress and the need for stress management. Personal experience with stress and its impact on health (00:06:00)Personal experience with stress-related health issues and the impact on blood pressure. Impact of stress on decision-making and anxiety (00:09:20)The impact of stress on decision-making, anxiety triggers, and external locus of control. Managing conflicting priorities and setting boundaries (00:14:31)Strategies for managing conflicting priorities, setting boundaries, and learning to say no. Practical tips for stress management (00:16:02)Practical tips for stress management, including exercise, meditation, and acknowledging anxiety. Defining Boundaries (00:18:01)Discusses setting clear limits and commitments to avoid stress and exploding on others. Making Decisions to Reduce Stress (00:18:41)Explores the concept of making one decision now to avoid making multiple decisions later. Saying No and Prioritizing (00:19:38)Discusses the importance of saying no to tasks and commitments and prioritizing responsibilities. Recognizing Personal Limits (00:20:23)Shares experiences of struggling with certain tasks and the importance of acknowledging personal limitations. Getting Things Done Approach (00:22:55)Discusses the approach by David Allen for organizational models and stress management. Acknowledging Stress and Anxiety (00:25:21)Emphasizes the importance of acknowledging stress and anxiety instead of denying or internalizing it. Creating a Safe Space for Stress Discussions (00:26:13)Encourages leaders to create an environment where employees feel safe discussing stress and challenges. Leadership's Role in Stress Management (00:29:21)Highlights the role of leaders in initiating conversations about stress and creating a supportive environment. Addressing Structural Problems (00:32:54)Emphasizes the importance of leaders addressing recurring structural problems causing stress. Managing Stress in the Workplace (00:33:32)Encourages individuals to manage stress rather than seeking a stress-free job, acknowledging personal responsibility. Stress Management Tools (00:35:02)Discussion on effective stress management tools for creating a positive work environment and improving productivity. Closing Remarks (00:35:18)Tom expresses gratitude for the conversation, and Joey reciprocates the sentiment. Career Development Opportunities (00:35:22)Promotion of remote work opportunities and open positions for young CPAs at Summit Virtual CFO and Anders + CPAs and Advisors.

“If you sit down and really make sure that your profile resonates and is truly you, it feels good, and you smile. Ultimately, you become a person who doesn't have to look for a job. Jobs find you. You become a person whose phone rings because there are opportunities, because people know you, remember you, have worked with you, and they want to work with you again.”—Donna Serdula The finer details of this episode:Importance of personal branding on LinkedInShift in perception of the platformChallenges of creating and maintaining a professional presence on social mediaControlling one's personal brand and its impact on career opportunitiesShowcasing values, actions, and descriptions to create a strong and memorable brandBalancing professionalism with personal authenticity on LinkedInImportance of consistency and cadence in posting content on LinkedIn Episode resources:Summit Virtual CFO by Anders website: https://www.summitcpa.net/Email us with questions or if you’d like to be a guest on the show: youngcpasuccessshow@anderscpa.comWe’re hiring! Check out our open positions: https://www.summitcpa.net/career-opportunitieshttps://Donnanaserdula.com/https://www.linkedin.com/in/toDonnana/ Timestamps:The importance of personal branding on LinkedIn (00:01:13)Discussion on the psychology behind personal branding and deliberate control of perception. The shift in perception of LinkedIn (00:02:07)The change from a passive networking platform to a more active and personal branding platform. The challenges of maintaining a professional presence on social media (00:02:44)Struggles with the perception of LinkedIn as a purely professional platform and the fear of being too personal. The evolving concept of professionalism on LinkedIn (00:04:25)Debunking the traditional image of professionalism and the need to move away from the concept of a suit and tie. The importance of personal branding for career growth (00:08:08)Emphasizing the significance of personal branding for career development and the need to control one's brand. Strategies for personal branding on LinkedIn (00:09:49)Discussion on the vision, mission, and consistent portrayal of oneself to create a strong personal brand. The value of personal connection in professional work (00:12:49)The significance of bringing one's whole self to work and the impact of personal connections in professional settings. The time and effort required for effective LinkedIn utilization (00:15:49)The need for strategic planning, time investment, and iterative work to create a strong LinkedIn profile. Overcoming psychological barriers to posting on LinkedIn (00:18:16)Dealing with the negative psychology and vulnerability associated with posting on LinkedIn. The positivity of LinkedIn (00:19:08)Discussion about the positive and professional atmosphere of LinkedIn compared to other social media platforms. Building a professional network (00:20:08)The importance of surrounding oneself with positive and empowering connections on LinkedIn. Creating an authentic LinkedIn profile (00:21:06)Encouragement to take control of one's image on LinkedIn, making the profile authentic and aligned with personal goals. Utilizing LinkedIn for professional relationships (00:22:00)The significance of researching and checking out profiles on LinkedIn for business interactions. Starting and maintaining a LinkedIn profile (00:24:43)Encouragement for individuals to start their LinkedIn journey and the emotional component of personal branding. Success on LinkedIn and real-world relationships (00:26:23)Emphasizing the importance of moving beyond LinkedIn to build real-world relationships for professional success. Consistency and storytelling on LinkedIn (00:33:42)The importance of consistency in posting and sharing on LinkedIn, drawing parallels with a story from "The Little Prince." Balancing positivity and authenticity on LinkedIn (00:37:01)Encouragement to not overthink posting on LinkedIn and to share authentic experiences without worrying about being too cringey. Personal Branding on LinkedIn (00:37:50)Donna discusses the importance of posting on LinkedIn to develop personal branding and shares tips for creating engaging content. Encouragement and Personal Growth (00:40:43)The hosts and Donna share personal experiences and offer encouragement for those feeling behind in their professional journey. Expanding Your Network on LinkedIn (00:43:08)Donna advises expanding the LinkedIn network to gain diverse perspectives and avoid feeling stuck in comparison. Investing in Personal Branding (00:45:18)Donna emphasizes the value of investing in personal branding and recommends utilizing free resources for self-improvement. Personal Life and Interests (00:46:38)Donna shares personal insights about being a mother and having a son with special needs, offering a broader perspective for her work.