Posts by IWAdmin

Accounting leaders, like everyone else, are awash in data these days. Unfortunately, that doesn’t always mean they have what they need to make informed decisions and take beneficial action. Often, the right information just isn’t easily accessible. And even if it exists, it may be out of date or siloed in a way that makes…

When we launched PracticePro 365 in February of last year, it was the fulfillment of a dream for me. Like proud parents everywhere, our team was excited to share it with the world. Now that it’s in the hands of clients across the country, I’m even more gratified and excited by the feedback we’re hearing…

How much money will you leave on the table this busy season? Industry survey numbers show that revenues and income per partner are up, yet average realization rates hover around 85% of standard fees. Why do we continue to accept that this is business as usual? What’s at the heart of our profession-wide delusion that…

Growth in a competitive environment typically depends on adoption of new technology. But CPA firm leaders often encounter resistance to such investments, sometimes from unexpected quarters. Highly talented, experienced partners and stakeholders are willing and able to provide feedback regarding new technology under consideration. Much of that feedback is valuable, helping firm leaders recognize potential…

A data-driven approach to business decisions is key to accounting firm profitability and growth. And that makes tracking, crunching and integrating numbers across disparate firm functions mission-critical. But the tools available to accounting firms haven’t yet caught up with their needs. Progressive CPA firms have devised a variety of solutions to boost the capabilities of…

The accounting profession is undergoing rapid change, but many of its greatest challenges are issues that firms have been wrestling with for years – among them, fragmented software solutions that do more to obscure the state of the firm than illuminate it. This year’s BDO Alliance USA Conference provided an excellent opportunity to hear from…