CPAmerica Advantage The CPAmerica Advantage newsletter will be going electronic during the pandemic. We will continue to evaluate whether to return print copy or remain electronic only,
News From Your Accounting Association
CPAmerica's Upcoming Series on Business Consulting Services
R
ight now, business growth is more important than ever, and a growing number of eager firms are expanding to either develop or acquire business consulting services in order to augment their compliance client offerings. Over the next several months, CPAmerica will feature articles from three of our member firms that are developing business consulting niches for their work places. These firms represent various evolving ways in which our members are setting up and running these services. With the changes in the global economy and as
May 2020 16 CPAmerica Firms in Accounting Today
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Member News P. 3 rules and regulations continue to make clients’ businesses more complex, the From Member Services - Grace Horvath P. 4 CPA’s role is evolving with the goal of becoming more of a trusted advisor to their clients. While compliance will always be important, becoming a business advisor May 19 Sharing Call increases the value of the accountant/client Opportunity In Crisis: relationship. Building Firm Loyalty
In June, we will start with our interview with Hank Wolfson, chief operating officer of member firm Gray, Gray & Gray, LLP. Wolfson will talk about how the firm’s business consulting services help provide clients with a road map to their business goals. He also mentions some of the metrics, such as revenue growth, used to measure success and how their business advisory an management consulting services help clients improve their performance and profitability.
Our May 19 sharing call has been changed. The time, date, and presenter stays the same, but the content has been updated to reflect today's environment. Instead of Surviving Busy Season Burnout, it is now Opportunity In Crisis: Building Firm Loyalty. For more info or to register, go to https://tinyurl.com/y9hxezt6
We are excited to share these stories and being able to present them with more depth. Our motto “Improving Through Sharing” is exemplif ied w it h t he goa l of helping you r f ir m g row.
Coronavirus Technology Overview: Insights on Work at Home
By Randy Johnston, executive vice president, K2 Enterprises Technology now plays a significant role in virtually every type of business. During the COVID-19 pandemic, many companies had to work at home, including professional accounting firms. During a posttax season debriefing, it was interesting to learn what worked and what didn’t work during this time. Remote meetings became common. Collaboration tools like Microsoft Teams, Slack, and workflow became critical, too. Firms that used outsourcing wound up with work at home advantages. Companies that provided cloud services like Microsoft and Amazon stepped up their game to handle the extraordinary volume reported to
be as high as a 770% increase. What worked and what didn’t work for you? Fortunately, you don’t have to know everything there is about tech-related tools to get the job of remote work at home done. For pretty much every task that calls for technology, there is an opportunity to outsource. Outsourcing tasks when you don’t have the expertise is wise. Yes, you want to be able to do simple things like checking your email and working on documents. Work at Home, continued on page 2