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Ed Kless: Accounting Must Innovate Beyond Technology | Accounting Influencers

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Dec 7, 2024
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ADVICE

Kill Billable Hour

  • Stop billing by the hour, it's a dead model.
  • Focus on effectiveness, not efficiency, to satisfy clients.
INSIGHT

Accounting's Image Problem

  • Accounting faces an image problem; graduates aren't entering public accounting.
  • Time tracking and limited earning potential compared to other roles contribute to this.
ANECDOTE

Innovation Example

  • Innovation is combining disparate ideas, like a skateboard and a stroller.
  • This simple innovation improves the parent-child relationship.
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