Don't make this mistake with ChatGPT
A lawyer used ChatGPT to write a 10-page brief that he submitted to a federal court. Just one problem — the cases cited were fake!
Join me for "Why Virtual Accounting Firms Fail & How to Build One That Lasts"
Nayo Carter-Gray is joining me in this next episode of Grow & Scale, a series by Financial Cents — I'll be asking for her take on why virtual accounting firms fail and how to build one that lasts.
Use Relay to Auto-Transfer Income to Your Operating Checking Account Every Day
This new Relay feature is my favorite yet! Now you can set up auto-transfer rules to automatically transfer money from one account to another (or multiple). I'm using it to sweep money from my income accounts into my operating account on a nightly basis. Watch the video to learn how to set it up.
Sharing the Wealth: Is Asking Partners to Increase Salaries the Answer to the Accounting Talent Shortage?
Gary Bolinger writes in Accounting Today that "the 150-hour rule is not the problem" and recommends that a solution to the talent shortage is "partners need to share the wealth" by increasing starting salaries.
Distorted Images: How Accounting Rules Allow Banks to Hide the True State of Their Finances
The accounting treatment of mortgage-backed securities (MBS) on bank balance sheets can distort the true financial health of banks and mislead investors. The current practice of classifying MBS as "hold-to-maturity" investments enables banks to manage earnings and hide their financial position. Therefore, the Financial Accounting Standards Board (FASB) should prioritize transparency and accountability by reevaluating this practice, which can promote a more stable financial system.
A CPA's Perspective on the SVB Collapse: Rethinking Financial Protection and Reporting for Investors
Get a CPA's perspective on how to prevent another startup bank run, as we dive into the complexities of FDIC protection, financial statements, and investor risk assessment in the world of startups. Learn why increased regulation may not be the answer and how a transformed financial reporting system could empower investors. Let's reimagine investor protection and the future of accounting.
Build A Focused Firm Finale: "Let’s Talk Practice Management"
Hector Garcia, CPA, will summarize the key takeaways from all seven episode of this series. Discover the most important things accounting firm owners need to know about positioning, the business model, technology, sales process & onboarding, value pricing & offering guarantees, attracting & retaining talent, and innovation. Join us live to ask your questions and get answers from Hector.
Smarter ways to buy an accounting firm
There are more good accounting firms than ever looking to sell. But you may have to go on many dates before you find the perfect match.
Silicon Valley Bank Collapse: Understanding The Impact On Your Firm & Clients
Get a comprehensive rundown of the accounting apps affected by the closure, find out what this means for SVB depositors, and get valuable tips on how you can best communicate these changes to your clients. Don't miss this opportunity to make sure you're prepared during this time of uncertainty.
Top Marketing Strategies That Actually Work For Accounting Firms
Blake Oliver, CPA and Amanda C. Watts discuss top marketing strategies that actually work for accounting firms. You'll learn what marketing strategies to invest in to get the best ROI.