The wisdom of being a lazy CPA
The most productive accountants do the least work — well, routine work, that is. In my latest Accounting Today article, I share strategies to help you automate processes, delegate tasks, and leverage your expertise so you can focus on doing, well, anything else.
The simple rule that turned my son from a screen-obsessed kid into an avid reader
When I walked into the kitchen this morning, this is how I found my son. Just a few months ago, he had zero interest in books. So what changed?
A bill to repeal the Corporate Transparency Act has been introduced in Congress
Imagine going to jail for forgetting to file a single document. Sound absurd? Well, that's the reality small business owners face under the Corporate Transparency Act (CTA). But change might be on the horizon...
Tether's $109 billion question: Where's the audit?
$109 billion. That's the market cap of Tether, the world's largest stablecoin. It's also the amount of money effectively backed by nothing more than a pinky promise.
AI's 'killer function': Personal agents that work for you
Sam Altman says that helpful agents will be AI's "killer function," integrating deeply into our lives and acting as extensions of ourselves. It sounds like science fiction, but you can start doing this now! In this article, I show you how.
Maybe you shouldn't start a podcast
In my latest Accounting Today article, I share insights from the 2024 Digital Deep Dive conference, where Brandon Hall and I discussed the realities of podcasting. While our shows have seen remarkable success, we emphasize that podcasting isn't for everyone.
The silver tsunami: Why CPAs, exit planners, and business advisors must embrace employee ownership
With the "Silver Tsunami" of baby boomer business owner retirements upon us, it's crucial to understand employee ownership as a viable exit and succession planning strategy.
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time?
1,500 bogus audits. A $14 million fine. A lifetime ban from the SEC. But no jail time? On today's live stream, we led with the breaking news about the charges against BF Borgers, a one-partner audit firm charged with faking hundreds of public company audits – including Trump's SPAC.
Should an accountant be running boeing?
Picture this: You're on a flight, and the person beside you starts a conversation. They find out you're an accountant and ask, "Hey, don't you think an accountant should be running Boeing? Who better to whip that company into shape than someone who knows their way around a balance sheet?"
Join me live for "Building a Modern CPA Firm" with Alan Whitman
Join me on May 08, 2024, at 10:30 am PST for a live-streamed podcast interview with Alan Whitman, the former CEO of Baker Tilly US. Alan will share his advice for how to transform traditional CPA firms into modern, sustainable, and innovative powerhouses.