4min chapter

The Accounting Podcast cover image

David Got Fired By His Tax Preparer

The Accounting Podcast

CHAPTER

Cloud Accounting - Can You Cap the Hours?

David Plotnick: A lot of accounting firms are overworking their staff because they didn't make the investments in technology that would allow you to work fewer hours. He says a points-based system, gamify tax season, and try to encourage people to do more with less time could be one way to do it. Plotnick: I was talking with a friend of how could you actually do this in a larger firm that's based on a billable hours model,. Like let's say tax, right? All these tax returns have budgets. If your bonus is linked to your billable hours, why would you go any faster or figure out ways to go any faster?"

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