111 CAS is Sexier than Bookkeeping (feat. Dan Luthi, CPA)

Episode 111 | Recorded October 6, 2022

In today’s episode, Scott talks to Dan Luthi, of Ignite Spot Accounting Services. Dan shares his story, from his younger days to how he got into accounting. He talks about how his Mormon faith has influenced his desire to help people. Dan also shares his insights on how to avoid issues in business, building good client relationships, and thriving in the industry. He discusses the firm’s hard numbers, equity, and they also talk about cloud accounting. Dan advises on how to hire and work with CFOs, build a management team, and be cognizant of diversity in the workplace. Another episode that’s sure to bring great value to all firm owners.

• The intro and the radio from hell

• Young Dan

• Building doors

• When he switched to accounting

• A little about Dan and his family

• Being a Mormon and helping people

• Helping people and accounting

• Time and hourly contributions

• Dealing with issues and not pointing the finger

• Having good clients

• Scope seep and scope creep

• Thrival

• Ignite Spot Firm and Hard numbers

• Equity at the firm

• Commitment to the organization

• App stack

• Cloud accounting and tax law

• Bookkeeping, CAAS, tax first, etc.

• Getting out of tax

• Leading with Tax and Bookkeeping differences

• Shifts in the industry

• CFO services

• Sales

• Personnel capacity

• Forecasting services and tools

• How to hire CFOs and margins

• Paying CFOs and working with them

• Management Team

• The CEO role

• Diversity and being cognizant

• The Good, The Bad, and The Ugly Accounting Podcast

All the Shoutouts:

Ignite Spot Accounting Services, Ron Baker, Jason Ackerman, CPA, CFP®, CGMA, Jason M. Blumer, CPA, Karbon X, Judah Kosky, Ryan Lazanis, CPA, Xero, Intuit QuickBooks, BILL, Gusto, ADP, Rippling, Dext, Avalara, Ignition, Drake, Kanye, Canopy, Thomson Reuters, Envoy, Divvy, Nikole Mackenzie, Lorilyn Wilson, CPA