Learn how Meryl built a 30-headcount bookkeeping firm in eight years that can operate without her. We also get Meryl's take on the PwC scandal in Australia. Earn free NASBA-approved CPE credits for listening with the Earmark app. Learn more at earmarkcpe.com.
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Chapters- (00:04) - Preview: Why can't the US tax deadlines be as relaxed as Australia's
- (00:50) - Welcome Meryl Johnston to the show and some background on Bean Ninjas
- (05:49) - Tell us a little about the growth of Bean Ninjas, remote work, and taking a step back from day-to-day operations
- (10:26) - How does Meryl track employees' work when they're remote?
- (12:13) - Can you tell us about Bean Ninja's journey of niching?
- (22:46) - How do you deal with communication challenges with remote work and different schedules
- (28:31) - What is the current size of your firm, and what type of work do you now do?
- (35:16) - What do you tell accountants who are afraid to niche?
- (39:20) - Is the accounting talent crisis also happening in Australia?
- (41:19) - Meryl gives her take on the PwC scandal in Australia
- (47:38) - Are 2 new Australian tech companies coming for Xero's throne?
- (55:25) - Is software plus a service the future of accounting tech?
- (59:02) - Wrap up and how people can listen to Meryl's podcasts
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Show Notes
Fuel Up the Bus, PwC Australia Has Named and Shamed Eight Partners Tied to the Tax Leak Scandal
https://www.goingconcern.com/fuel-up-the-bus-pwc-australia-has-named-and-shamed-eight-partners-tied-to-the-tax-leak-scandal/
PwC Sold Off Its Scandal-Plagued Government Consulting Business For 67 Cents - Going Concern
https://www.goingconcern.com/pwc-sold-off-its-scandal-plagued-government-consulting-business-for-67-cents/
PwC Sold a Part of Its Australian Business for $1 Because of Tax Leak Scandal - CPA Practice Advisor
https://www.cpapracticeadvisor.com/2023/06/29/pwc-sold-a-part-of-its-australian-business-for-67-cents-because-of-tax-leak-scandal/81609/
A new threat to Xero? The rise of Hnry: a one-stop shop for sole traders, ft. Karan Anand
https://www.raskmedia.com.au/2023/06/27/xero-risk-hnry-accounting-karan-anand/
Exclusive: PwC Australia ties Google to tax leak scandal – sources
https://www.reuters.com/technology/pwc-australia-ties-google-tax-leak-scandal-sources-2023-07-05/
Thriday swings at big accounting platforms with AI expense tool
https://www.smartcompany.com.au/finance/tax/thriday-business-expense-bank-ai-artificial-intelligence/
Meet Our Guest, Meryl Johnston
LinkedIn: https://www.linkedin.com/in/meryl-johnston-3a483728/
Website: https://beanninjas.com/
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The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
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