Accounting High

shout out to our newest sponsor LiveFlow, get 20% off your first 3 months with code SONS at LiveFlow.io/sons Botkeeper is giving away a free year of bookkeeping, up to $20k, enter for a chance to win here! https://www.botkeeper.com/win #5minLy where Michael Ly and Scott Scarano discuss running their modern accounting firms with some some choice topics from Karbon Magazine  this week's article https://karbonhq.com/resources/not-to-do-list-accounting-firm-efficiency/

Recorded on 2.22.22 …Happy TwosDay! Today we’re talking about Tech Partners… “I'm just pleased to participate in this podcast production pertaining to particular peculiarities of partnership.” Kenji people shout outs: Kenji, Niks, Scott, Joel Lacayo, Pat Perez, Michael Ly, Rod Drury, Matthew, tech partner shout outs: Xero, Relay, QuickBooks, CollBox, Gusto, ADP, Digits, Drizly

Sons of CPAs Podcast Episode 43 | Recorded December 27, 2021 Botkeeper is giving away a free year of bookkeeping, up to $20k, enter for a chance to win here! https://www.botkeeper.com/win shout out to our newest sponsor LiveFlow, LiveFlow.io/sons let’s count all the pop culture references in this episode that's really about the business of running an accounting firm: Drew Carrick aka The Rapping CPA aka The Character, Snoop Dogg, Suge Knight, Death Row Records, Puff Daddy, Andre 3000 and OutKast , Lil Baby, Game of Thrones and the Dothraki, Marvel, J. Cole, Michael Jackson, The Weeknd, Ye, the artist formerly known as Kanye West, Jay-Z, R. Kelly, Big Boi, Drake, Nas, Tupac shout out to N. Carter aka Nayo Carter, “Nayo’s a Superstar” from humble beginnings to CPA to prisons to CEO with almost a million-dollar mindset shout out to Ian Vacin south’s got something to say, put some south in your mouth represent Southeast Asia, North Carolina, Tennessee, Louisana, and Mississippi what do Warren Buffet, Charlie Munger, Jay-Z, James Prince, TI all have in common? they’re all having lunch with Jeff Wilson one day…

Sons of CPAs Podcast Bonus Drop, #NiksTips+ on Partners Pt 1 Botkeeper is giving away a free year of bookkeeping, up to $20k, enter for a chance to win here! https://www.botkeeper.com/win The Valentines Threesome feat. Nikole Mackenzie, CPA, scott scarano, ea 🥶😈 & Kenji Kuramoto “the best partnerships are when both sides feel like they got the better end of the deal” - K²  Kenji Kuramoto, CEO of Acuity CFO Online Bookkeeping Accounting and Business Tax talks to us about running a $11M Firm with a partner, and running it like a true company Kenji’s words of wisdom on partners: as an entrepreneur you have to ask yourself, do you work better alone or with others? are you a team player or the solitary leader? when you’re going into business with friends, find someone that complements your weaknesses and reinforces your strengths titles are external facing, we run things as a team, but titles are important for those that are outside of the organization and how they perceive our roles than they do to us accounting is a profession that lends itself to money-making opportunities  you’ve gotta include more long-term planning to make sure all partners are in alignment and on the same page then we go into how SalesForce, AirTable and Process Street are all being integrated into Acuity with their newly formed partnership/alliance with Catching Clouds, Patti Scharf and Scott Scharf shout out to Spanx and Sara Blakely … the youngest self-made female Billionaire… that’s just baller

Episode 42 | Recorded December 20, 2021 LinkedIn’s Cutest Accountant (feat. Michael Eckstein, EA) subscribe to Michael's newsletter here: https://restingbusinessface.com/ shout out to our sponsors this week: Clockwork and Xero Zachary Call, CPA’s only takeaways this episode: “some things just stick” “roll with it” scott scarano, ea 🥶😈’s takeaways this episode: “when you’re a one-person-show you have to pick and choose what you are doing very carefully” “don’t take on tax work that you know you can’t do” “a 1041 tax return should be 3x the amount you charge for a 1040” “let’s fight some people over reasonable S corp comp” Michael’s takeaways this episode: “live your dreams” “don’t commit tax fraud” “have a good christmas” “don’t wait for Jewish Hell” “late fees don’t fix cashflow” and Michael’s religious rant at the hour mark… Jews figured out to make drinking a good deed and we don’t have hell, and everyone else screwed that up for us

…Proposal Softwares to be more specific Sons of CPAs Bonus episodes where Nikole “Niks” Mackenzie and Scott Scarano share a small but useful piece of practical advice as it relates to running their professional accounting firms. This episode is brought to you by the letter P… today we’re going to discuss delivering Proposals for your accounting firm and the Proposal Platforms that we’re both on, Ignition and GoProposal here are the 5 Things that we look for in proposal software: Pricing Packages Processes Payments People shout out to James Ashford and the team at Ignition

Episode 41 Shout out to our sponsors this week: Clockwork and Xero Seeya next week

Season 2 Episode 9 Bonus Sons of CPAs Bonus episodes where Nikole “Niks” Mackenzie and Scott Scarano share a small but useful piece of practical advice as it relates to running their professional accounting firms. This episode is brought to you by the letter P… these bonus episodes are deep dives into topics that start with the letter P, and it’s a little different than our regular episodes Pods are how you structure your team in terms of how you deliver your services to your clients.  Shout out to Niks … and her regular guest Episode on Sons of CPAs podcast https://anchor.fm/sonsofcpas/episodes/Beyond-Building-Momentum-feat--Nikole-Mackenzie--CPA-e15v293 shout out to Josh Lance at Lance CPA Group who introduced me to the pod concept years ago shout out to Ron Baker and the Soul of Enterprise podcast… efficiency is the enemy of effectiveness shout out to Shane Mason at BrooklynFI and the Liquidity Event podcast… and for not tracking time! shout out to Jody Grunden and the Modern CPA Success Show podcast… we've had some great episodes with pretty large firms that are doing this successfully, $10 million firms that have pod structure that are, very successful at it. And they're adding data analysts, and different people to a pod structure to enhance it and to make it stronger and to make the client relationship stronger and also increased profitability.

Episode 40 | Recorded November 22, 2021 Real Life in the Accounting Profession (feat. Rita Keller) Shout out to our sponsors this week: Xero and Gusto Some of Rita's Wonderful Quotes: “I blog about CPA firm management, I've blogged every business day for nearly 17 years. The content out there is, and then I've got it, you know, by category.” “our partners, I think did it the right way. They let us manage the firm. And they took care of clients.” “I think that's right too many cooks in the kitchen, I always say. if you're going to have a managing partner, give him some power, and that's basically how we grew.” “We opened an office cold, which I do not recommend, never opened an office cold, cause it takes a long time to build up your visibility and your reputation.” “I don't know how many headaches I see with billing and collection, which to me that's a foundational issue that shouldn't be, nobody should be worrying about that.” “I think smaller firms like yours, what I've seen over the years are much more progressive than the larger firms” “you have to build that brand is what I tell my clients that on the college campus and in the community, you know, you want that brand to attract clients and who attracts employees.” “you should show your clients by example, how to run a good business. When it comes to billing collection, all that sort of stuff. They look to you to set the example and to tell them, but a lot of CPAs don't clearly define the expectation for clients. They just want to keep them happy.” shout out to: Gary Shamin, Mark Rosenberg, Chris Frederiksen, August Aquila, Allan Koltin, Gary Adamson, Jody Padar, and Shayna Chapman

2day is Twosday 2.22.22 happy 2sday, brought to you by the number 2 ... we present 2 you, part 2 of #NiksTips on Podcasts Sons of CPAs Podcast bonus episode drop feat. Nikole Mackenzie, CPA and scott scarano, ea 🥶😈 shout out to all the co-hosts Jason Ackerman, CPA, CFP®, CGMA 🔥 Michael Ly and Zachary Call, CPA mini show notes: 2 if you want to see the Pop! Cover Art that corresponds to the episode you’re listening to, check it out on Spotify Podcasts 3 Sons of CPAs title explained again… 4 finding balance in all our lives with a little bit of weed 6 Atomic Habits and The Bible both come highly recommended by Scott's clients and prospects 7 stay tuned for CPAliens 9 language isn’t always a barrier with people 10 a how-to-guide on podcasts… at least a start 11 a list of filler words that Descript will search for… “but you know” “hm” “I guess” “I mean” “I suppose” “kind of” “like” “mmm” “or something” “right” “so” “sort of” “uh” “um” “well” “you know” “you know what i mean” “you see” and repeated words 13 the difference between kind and nice 15 don’t lie to people ...podcasts are truth serums 16 Podcasts to check out Make it Count w/ Marcus A. Mire, CPA and Summit CPA Group of 3 podcasts w/ Jody Grunden, CPA 18 Scott's not high enough to indulge in the metaverse talk today