In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, an experienced bookkeeper, to consider what they could do better to manage their task list and stay focused on client priorities. Learner Reflection I rarely look at the goals between...
Practice Management
What’s happening in the profession in relation to practice management
How to protect your client data when outsourcing SMSF administration
by Bronwyn Smith | Dec 11, 2023 | Business Services, Practice Management, Technology
Many mid-tier accounting and financial planning firms outsource their SMSF administration, whether it’s due to overhead costs, lack of time, or the current skills shortage. Unfortunately, firms may unknowingly be putting their clients’ data at risk if they work with...
What is your firm’s approach to client care?
by Priscilia Farantika | Dec 5, 2023 | Practice Management
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, an administrator in public practice, to explore their firm’s approach to client care. What is working well? What could be improved? Learner Reflection Client care is something I believe...
Bridging the Holiday Season Gap: The Strategic Hiring of Contractors
by Boobalan MAdhavan | Dec 5, 2023 | Practice Management, Team Leadership
The holiday season, with its festive spirit and celebratory mood, also brings unique challenges for financial business leaders including Chief Financial Officers (CFOs). One pressing concern is covering the staffing gaps that inevitably rise due to year-end...
Providing a Proposal to a Virtual CFO Client
by Priscilia Farantika | Nov 30, 2023 | Practice Management
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a partner in public practice, to develop a checklist for the development and presentation of a proposal for a Virtual CFO Client. Be sure to incorporate (a) an initial needs assessment,...
6 Things You Can Do Now to Prepare Your Accounting Practice for 2024
by Boobalan MAdhavan | Nov 29, 2023 | Practice Management, Team Leadership
In the dynamic world of finance, the only constant is change. As 2023 draws to a close and 2024 beckons, accounting practices must evolve to meet the demands of a shifting financial landscape. For practitioners who seek to maintain their edge, strategic adaptability...
Managing Client Relationships
by Priscilia Farantika | Nov 21, 2023 | Practice Management
In today’s episode of ‘From the eLearning Trenches,’ we asked one of our learners, a sole practitioner in public practice, to identify the top 3 issues that they have in managing client relationships. What steps could they take to address these issues? Learner...