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By analyzing relevant data, business owners can identify patterns, trends, and insights that enable them to make well-informed decisions, mitigate risks, and capitalize on opportunities.

In this episode, Donny Shimamoto of the Center for Accounting Transformation talks about the two different surveys that his firm is doing right now.

The surveys aim to understand what works and what doesn't work for accounting firms, specifically in the areas of advisory services and staffing strategies.

Conducting surveys to identify the successful practices of accounting firms in terms of advisory services and staffing is crucial for understanding the key factors that contribute to client success.

Donny believes that accountants are here to help improve the world, and the more accountants who contribute to their research, the more the results of that research can help improve the world.

Highlights:

— “Really good business-driven innovation is driven off of data.”

— “Accounting is the foundation of a business. And it is absolutely necessary.”

— “Accounting has the power to help small business owners be much more successful.”

— “Many of us are scared of the word “failure,” but learning from errors or mistakes creates the opportunity to help others learn from what we did.”

Connect with Donny:

Website: https://improvetheworld.net/

LinkedIn: https://www.linkedin.com/in/donnyitk/

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URL: https://link.improvetheworld.net/BusinessStrategyforCPAs

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