Accounting High

Episode 162 Accounting High is supported by our Booster Club Thank you LiveFlow! LiveFlow - Advanced financial reporting on autopilot.  LiveFlow turns your spreadsheet into a scalable, real-time FP&A platform, check them out: https://www.liveflow.io/partnerships/accounting-high Get 20% off for 3 months with promo code HIGH FACULTY: Terrell Turner CLASS: #How2RAP TITLE: How to Run an Accounting Practice (RAP) Pt 1: Introducing the Book In this podcast episode, Scott interviews Terrell Turner, the Accounting High Librarian, for the first episode of "How to RAP." The episode explores the parallels between rap music and the accounting profession, discussing the need for accountants in the face of new technology and the importance of adopting a client-centric approach. An introduction to the book and its relevance to the accounting profession. The reveal of the book's title, which sets the stage for the discussion. Drawing parallels between rap music and the accounting profession, highlighting the importance of storytelling and creativity. Exploring the evolving role of accountants in the face of technological advancements and automation. Bridging the gap between traditional management accounting and the new era of advisory services. Strategies for helping clients and providing value-added advisory services. The concept of looking at things differently to break free from the traditional "hamster wheel" of accounting, including the implementation of the Profit First model. Reflecting on the initial proposal of value pricing and its impact on the accounting industry. Terrell's personal experiences living in Germany and the birth of Cartoon Network, highlighting the effects of changing technology on various industries. Examining the influence of TurboTax and other factors that have disrupted traditional accounting practices. Exploring the connection between rap and accounting, emphasizing the importance of accountants who can speak to and resonate with their clients. Learning from other "rappers" in the industry, drawing inspiration from their approaches and experiences. Shout Outs: Mike Michalowicz, Geni Whitehouse, Acuity

Episode 161 FACULTY: Dave Olsen CLASS: #VarsityTips TITLE: People Experience Pt 2 (PX2) Culture: Creating Core Virtues In this podcast episode, Scott interviews Dave Olsen from Nimble for the second episode of the People Experience Varsity Tips series. This episode provides valuable insights into the importance of company culture, how it can be intentionally shaped, and the role of values, communication, and leadership in creating a positive and impactful work environment. The understanding that every company has a culture, whether intentional or not. Exploring the factors that influence company culture and how it manifests within an organization. The question of where company culture starts and the role of leadership in shaping it. The significance of defining and aligning mission, vision, and values to create a strong foundation for culture. The process of gaining clarity on company culture and ensuring it is well-defined. Exploring core values that contribute to a thriving company culture, such as integrity, workability, accountability, creating the future, positivity, commitment, and leading with impact. Dave's personal journey in shaping his own values and how they have influenced his company's culture. Differentiating between intentional and accidental cultures and the impact they have on the organization. The importance of effective communication in fostering a positive company culture. Strategies for connecting the team to the company's values and ensuring alignment. The significance of time zone meeting culture in global teams and promoting effective communication. Creating opportunities to consistently communicate and reinforce the company's vision. Shout Outs: Joe Woodard, Brandon Craig, Clay Christensen, Chris Janssen, How Will You Measure Your Life

Episode 160 Accounting High is supported by our Booster Club Thank you LiveFlow!  LiveFlow - Advanced financial reporting on autopilot. LiveFlow turns your spreadsheet into a scalable, real-time FP&A platform, check them out: https://www.liveflow.io/partnerships/accounting-high Get 20% off for 3 months with promo code HIGH FACULTY: Lorilyn Wilson CLASS: #SocialStudies TITLE: Real Brand Authenticity In this podcast episode, at the CPA Engage Earmark Mobile recording Studio, Scott interviews Lorilyn Wilson, of Mad Woman Media, and discusses the importance of authenticity in branding, navigating criticism and negativity, the role of colors in branding, the concept of Heater Media, drawing inspiration from Taylor Swift, the significance of creativity, embracing pivoting, and the value of personal connection in social media engagement. Lorilyn Wilson, founder of Mad Woman Media, is introduced. The discussion revolves around the significance of authenticity and the blending of personal and professional aspects. Dealing with criticism and haters while staying true to oneself. Exploring the role of colors in branding and creating a memorable identity. Introducing the concept of Heater Media and its impact on marketing strategies. Drawing inspiration from Taylor Swift and her song "Mad Woman" as a source of creative influence. Emphasizing the need for dedicated time to foster creativity. Discussing the process of pivoting and the challenges of the pivot stage in business. Advocating for authenticity in social media posts and not hiding behind a brand. Recognizing that people are at the core of branding, and the importance of social media engagement and avoiding outsourcing pitfalls. Highlighting that the person behind the brand is the true essence of branding. Encouraging individuals to embrace their authentic selves and be genuine in their endeavors. Shout Outs: FreshBooks, Tyra Banks, Kenji Kuramoto, Blake Oliver, David Leary, CPA Engage, Earmark, QuickFee

Episode 159 Accounting High is supported by our Booster Club Thank you G-ACCON Check em out, 14 day free trial, go to accon.services  FACULTY: David Leary CLASS: #GuidePosts TITLE: The Cluetrain Manifesto Accounting Podcast Conversation In this podcast episode, at the CPA Engage Earmark Mobile recording Studio, Scott interviews David Leary of the Cloud Accounting Podcast and delves into the Clue Train Manifesto, the power of decentralized education and communication, and the desire for human connection over corporate entities. Exploring the Clue Train Manifesto and its significance in the digital landscape. Reflecting on the early days of the internet and the emergence of the manifesto. Recognizing the transformative power of the internet in facilitating decentralized education and communication. Discussing how online communities and platforms like YouTube have enabled individuals to bypass traditional corporate channels. Emphasizing the human connection aspect, where people prefer interacting with individuals rather than faceless companies. Highlighting the fear companies have in engaging with the market and the importance of building communities to address concerns. Learning from the failure of Southwest Airlines as an example of the consequences of not adapting to market demands. Stressing the need for accountants to engage in meaningful conversations with their clients. Acknowledging that without embracing change, others will seize the market opportunity. Encouraging individuals to wake up, take action, and not wait for opportunities to come their way. Shout Outs: George Constanza, Blake Oliver, Cluetrain Manifesto, Xero, Intuit, Lean Startup, AICPA Engage, Earmark, QuickFee

Episode 158 FACULTY: Dave Olsen CLASS:#VarsityTips TITLE: People Experience Pt 1 (PX1) Course Curriculum: Creating a High Performance Virtuous Loop In this podcast episode, Scott interviews Dave Olsen from Nimble for the first episode of the People Experience Varsity Tips series. This episode offers valuable insights into Dave's business journey, the offshore model, the significance of team and culture, and the key elements that contribute to a successful people experience within an organization. Dave introduces the topics he will cover in the interview. Dave's personal journey in building his business and the lessons he learned along the way. The offshore model and how it can be a game-changer for businesses. Shifting perspective to view workflow as a business and the transformative impact it had on Dave. The realization that building a business can lead to the life one desires. The importance of prioritizing the team over customers and building strong partnerships. The formation of a partnership with a CAS (Client Accounting Services) firm. Statistical insights into Dave's company, Nimble. The purpose of the course and the milestones set to achieve success. The significance of tracking outcomes and measuring progress. Defining leadership and the role it plays in creating a vision for the future. Having faith in oneself and embracing principles from books like "Think Like a Monk" The importance of designing company culture and aligning it with employees. The role of tools and training in supporting employees' growth and success. Defining performance and how it contributes to employee satisfaction and motivation. Employee compensation and the opportunities provided for learning and personal development. A preview of the upcoming episodes in the People Experience series. Shout Outs: Brandon Craig, Clay Christensen, Nimble, Expensify, Jay Shetty

Episode 157 Accounting High is supported by our Booster Club Thank you ⁠G-ACCON⁠ Check em out, 14 day free trial go to accon.services  CLASS: #PeerReview FACULTY: John Nevel, CPA & Jason Ackerman, CPA  SPONSOR: G-ACCON TITLE: Teaching Accounting Soft Skills: From CAS to ASS About this episode: In this episode of Accounting High, Scott and Jason interview John Nevel, co-founder and CEO of Compass East. a Nashville-based accounting firm. John shares his journey to Nashville, how he founded his firm, and the challenges he faced while growing it. He also talks about the importance of bridging the GAAP and the services provided by his firm. John goes into detail about his firm's pricing strategy and how they decide on fees, including tips for raising fees. He shares what he would have done differently if he could go back in time and how he spends time training his employees. The discussion also covers topics such as vetting clients, dealing with different personality types, and managing a virtual workspace. John shares his excitement for the future of his company and offers valuable advice for firm owners. Don't miss this informative episode!

Episode 156 FACULTY: Joe Woodard CLASS: #GuidePosts TITLE: Let Your Vision Guide Your Mission on Purpose  In this podcast episode, Scott interviews Joe Woodard of Scaling New Heights, CEO of Woodard. The episode covers valuable insights into the accounting industry's evolution, the significance of industry events, the importance of differentiation and branding, and Joe Woodard's experiences and perspectives throughout his career. Joe shares his personal story of how he entered the accounting field. The early days of cloud technology and Joe's experience in starting a consulting practice. Origin stories and development of QuickBooks Connect and Scaling New Heights conferences. Joe's role as a certified professional for Intuit and his contributions to the industry. The purpose and significance of Scaling New Heights as an event for accounting professionals. The dynamics and competition between Xero and Intuit in the accounting software market. Comparing the approaches of AICPA Engage and Scaling New Heights. Reflection on the relevance and necessity of the CPA license in the modern accounting landscape. The importance of differentiation in building a successful accounting practice. Defining and aligning purpose and vision to drive growth and success. The role of personal branding and using one's name as a business identity. Parting wisdom from Joe, emphasizing the importance of not wasting time with non-ideal clients or situations. Shout Outs: Dave Barrett, Expensify, Doug Slater, Scaling New Heights, SleeterCon, QuickBooks Connect, Intuit, Xero, Rod Drury, AccountX, Engage, Simon Sinek, Jack Sergeant

Episode 155 Accounting High is supported by our Booster Club Thank you LiveFlow!  LiveFlow - Advanced financial reporting on autopilot. LiveFlow turns your spreadsheet into a scalable, real-time FP&A platform, check them out: https://www.liveflow.io/partnerships/accounting-high Get 20% off for 3 months with promo code HIGH FACULTY: Geni Whitehouse CLASS: #CoolKids TITLE: High Impact through Comedy, Technology, & Advisory (feat. Geni Whitehouse, CPA) In this podcast episode, Scott interviews Geni Whitehouse, the founder of The Impactful Advisor. The episode delves into Geni's journey in the accounting profession, her experiences in the industry, and her fusion of comedy and accounting, the importance of finding one's passion and purpose, and niche expertise. Geni shares her early experiences in high school and the challenges she faced. The story of how Scott and Geni first met and connected. Geni's move to California and her introduction to accounting and the cloud. Her college years and her exploration of programming. Working at Deloitte and gaining valuable experience in the industry. Geni's decision to leave Deloitte and pursue a new job in Atlanta. Joining Sage and discovering her comedic talents and how to incorporate them into her work. Exploring the world of accounting comedians and finding inspiration. How comedy opened up a whole new world for Geni and influenced her approach to her niche. Designing her own life by aligning her passion and purpose. The "basset hound" analogy for living one's best life and finding personal fulfillment. Geni's authenticity and leveraging her strengths to make a difference. Scott's journey in embracing his inner "basset hound." The story behind Scott writing the new rap before going to Vegas. A discussion about the new rap and the process of recording a music video in Vegas. Shout Outs: Deloitte, Avalara, Sage, Peachtree, PeopleSoft, Division Software, Jason Staats, Greg Kyte, Ron Baker, Craig Underhill, Joe Woodard, MentorPlus

Episode 154 Accounting High is supported by our Booster Club Thank you G-ACCON Check em out, 14 day free trial, go to accon.services  CLASS: #PeerReview FACULTY: James Heyward, CPA & Jason Ackerman, CPA  TITLE: Stop Disrespecting the Accounting Game In this episode of Accounting High, hosts Scott and Jason interview James E Heyward CPA, CGMA. James shares his story of how he got into accounting, the advantages of not studying accounting in college, and his journey in starting his own firm. He also gives advice on scalability, hiring employees, adopting the cloud, and transitioning to higher profitability. Additionally, James discusses the importance of diversity in accounting and shares his own podcasts. This episode is packed with insights and valuable advice for both accounting professionals and firm owners. Interview: James shares how he got into accounting and his background Scott raps James talks about his left turn back into accounting, getting his CPA license, and starting his firm Discussion on mixing passion with purpose and the advantages of not studying accounting in college Tips on scalability and hiring employees, including adopting the cloud and using Xero Discussion on the fear and overconfidence of some accountants and the importance of paying them what they're worth Advice for firm owners, including transitioning to higher profitability and promoting diversity in accounting James also talks about his own podcast Shoutouts: Xero, Jetpack

Episode 153 Accounting High is supported by our Booster Club Thank you LiveFlow!  LiveFlow - Advanced financial reporting on autopilot. LiveFlow turns your spreadsheet into a scalable, real-time FP&A platform, check them out: https://www.liveflow.io/partnerships/accounting-high Get 20% off for 3 months with promo code HIGH FACULTY: Ashley Leeds CLASS: #SocialStudies TITLE: Leading with LinkedIn and Loving It  In this podcast episode, Scott interviews Ashley Leeds, a LinkedIn coach, who shares valuable insights and tips for leveraging LinkedIn effectively. The episode covers various aspects of LinkedIn, including audience targeting, engagement strategies, real-life networking, and the benefits of using the platform. Ashley recalls his journey to LinkedIn when traditional training options were unavailable. They go over the reasons why LinkedIn is a valuable platform for professionals. They discuss the importance of narrowing down your audience on LinkedIn They talk about strategies for increasing engagement on LinkedIn and building meaningful connections. They discuss the role of in-person meetings and real-life networking in complementing online LinkedIn interactions. They look at the statistics of content creation on LinkedIn. They explore engagement statistics and the impact of active participation on LinkedIn. Ashley shares his insights on personal branding and the use of colors to create a memorable presence on the platform. Ashley gives tips for optimizing your LinkedIn profile Ashley talks about being a LinkedIn trainer Ashley and Scott discuss strategies for scheduling LinkedIn activities, tracking habits, and creating positive dopamine hits. Ashley shares a LinkedIn habit for the audience to start today Shout Outs: Linkedin, Quickbooks