History of accounting, future of accounting, how to stay competitive and profitable, is audit failing, some jokes. Mackenzie solocasts with ChatGPT on assist.
A partially coherent conversation about money, debt, UBI, and business, followed by a rant about nature and the insufferable noise my laptop fan is making. Our very first guest is Mackenzie's 6yo son, and he has some things to say!
Alysia and Mackenzie reveal the one thing they would each change about the world of accounting, if only they had magic wands.
We dive into where our work and business intersect with our creativity, and how our industry can find greater fulfillment in our work.
The best tax season ever is no tax season, at least for us. Sharing the load (and profits) and calling in the experts is a better experience all around.
What does 'better' mean to you and your accounting firm? And 3 ways you might be getting 'more' all wrong.
The silent killer of accounting firms - not communicating properly. Communication is simply the exchange of information. Like traffic in a city, communication needs to flow through an intentional and effective system if you want to increase efficiency and avoid collisions. Hang out with us as we discuss how we've handled communication in our firm, and how we continue to put effort into improving our systems.
Do you believe in abundance or in scarcity? There is enough, and people will go where they want to go. If you are experiencing scarcity, you might just be scary... Make the choice to be the best version of your firm, put in the work to create and reinforce that reality over time, and you will attract excellence - it's inevitable.
Onboarding new clients is the perfect time to show them what you've got. If you're doing this wrong, you're risking the lifetime value of every client you sign on. Alysia and Mackenzie share their onboarding philosophy and process in this episode.
Catastrophic loss - our best At Your Ledger podcast episode to date, destroyed by massive tech failure.
Accounting is a trade, and we need to start treating accounting education as preparation for a career in a trade industry. The academic approach isn't getting it done, and collectively the CPA specialty isn't executing their only job function.
Likely, they are the best in large part due to their unyielding devotion to constant practice. The accounting profession should be no different. High performing teams will always need to have time to focus on training. It's our role as leaders to build and protect this space for them.
How the f*ck did we get so lost? It shouldn't be this confusing for consumers of accounting services to know who they're buying their services from. Is the superiority complex of the CPA licensure worth catering to anymore?
At LEAST once a year, talk to each and every one of your employees. You should know what the plan for your business is. Communicate this with them. Ask them to communicate their plan to you. Is there overlap? Will you continue to be mutually beneficial towards one another? Get the conversation going! (And don't forget, if you treat people like humans they'll treat you like a human.)
Who doesn't love a good conference? The glitz, the glam, the parties, the people, being in the know, the newest tech, and the firm of the future. But what's the takeaway? Do conferences really move the needle in your accounting firm? We discuss conference-going, the fear of missing out, and the extraordinary yet subtle difference between inspiration and clarity.
We discuss AI this week. From Lensa to Chat GPT, the world seems to be reeling from this moment in history. New accessibility to AI in fun and powerful ways has felt threatening to some. Is this the beginning of the end of human accountants, or is this our Renaissance?
Puking in desk-side wastebins, Stockholm syndrome in the workplace, martyrdom for the stock market, profits over people - Disturbing!
We are in a moment of extreme disruption in the world of accounting and finance. Can the CPA withstand the test of time? Does anyone think that the CPA is actually the future of accounting? In this episode, we challenge the relevancy and the supremacy of the CPA designation in the accounting industry. Like other industries with a partnership pyramid model, the traditional CPA firm is eroding and being picked apart from all sides.
It's proposal season! Are you leading the conversation of re-engagement with your clients, your employees, your business partner? If so, what's working for you? If not, what's holding you back? We discuss our experience with shifting our mindsets from asking the scariest question you don't want the answer to, to having a healthy and fun conversation about continuing a good thing.