2min chapter

David Got Fired By His Tax Preparer

The Accounting Podcast

notes

CHAPTER

The Elevator Pitch for Profit First

"I find my accounting reports to be honestly a bit lacking when it comes to actually operating as a business owner and not as an accountant," he says. "My wife is a degree to talent. That's as close as you want me doing your books." He adds: "We don't teach accounting. We teaching transformation when it comes down to it".

00:00

Transcript

Episode notes

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(00:00) - Thank you to our sponsor, Zoho
(00:27) - Preview: We need to make accountants aware of accounting career paths with real work life balance
(01:11) - Introduction and quick overview of Blake's week and FAA meltdown
(11:22) - What logic did the firm give David for letting him go?
(21:15) - Thank you to our sponsor, Zoho
(22:40) - Not enough firms are offering remote work
(25:38) - Accountants don't need help getting clients
(27:56) - Blake shares a story about his friend switching firms
(29:44) - Blake shares a chart from CPA Trendlines
(33:35) - What is the starting salary for a CPA at a medium to large firm?
(37:16) - Thank you to our sponsor, LiveFlow
(38:25) - Quick follow up on the story of a recent accounting graduate choosing the military over a Big 4 firm
(40:06) - What is Profit First? And what do you do?
(46:20) - Parkinson's Law
(49:53) - Thank you to our sponsor, Anchor
(52:39) - Jennifer's voicemail about her networking event for students
(56:19) - Going over some comments in our live chat
(01:02:47) - Linda's message about Illinois lowering the CPA hours requirement from 150 to 120 hours to sit for the exam
(01:06:26) - Bernard's feedback on the Ron Baker episode
(01:10:25) - David makes a new 2023 prediciton
(01:11:08) - Rusty's message about North Carolina's CPA license requirements
(01:13:54) - Wrap up and where to reach Blake and David
(01:15:14) - Classifieds
(01:15:16) - Client Hub
(01:15:53) - RightTool
(01:16:15) - Federal Tax Updates Podcast
(01:17:27) - How to advertise in these classifieds