September 5, 2019
You’ve got your finger on the red button.
It’s the red button to the broadcast your voice across the loudspeakers at a ballpark that is filled with your friends and colleagues in the accounting profession.
So what do you say as you press that red button?
Would you sing out your rendition of “Take Me Out to the Ball Game”?
Or, would you take this unique opportunity to share what’s on your mind. Your small firm challenges, exciting opportunities, or maybe even a call for collaboration?
Sometimes in order to be heard you have shout it from the loudspeakers, especially if the issues you are encountering or a cause is particularly meaningful to you. Because one thing is certain, if you are encountering these issues, it’s almost guaranteed someone else is too.
Although members of the Kansas Society of CPAs didn’t find themselves in a stadium with loudspeakers, they were given the special opportunity to shout their ideas, recent firm ‘wins’, challenges and frustrations from a megaphone at the Small Firm Forum hosted by AICPA and KSCPA, held at Kansas State University on Thursday, August 29.
Pictured above (left to right): Allen Joy, John Albrecht, Erin Dunlap, Michelle Crow, Arne Reinert, Sheila Coomes, Cheryl Goheen, Amber Goering, Pam Gudenkauf, Carl Peterson, Bonnie Sanderson, Jim Malone, and Daniel Busenbark
I enjoyed facilitating a vibrant discussion with this great group of Kansas small firm CPAs. As the Vice President of Small Firm Interests – Public Accounting at the AICPA, I hear feedback from national, state and local accounting professionals at town halls and forums just like this one, and the survey results are in.
VOICES FROM THE NATIONAL LOUDSPEAKER
The AICPA’s Private Company Practice Section recently published findings from its 2019 CPA Firm Top Issues Survey. Concerns that are top-of-mind include finding qualified staff, keeping up with tax law changes and managing privacy and security risks. The key issues identified in the survey are very much in-line with the top challenges and opportunities voiced at the Kansas forum.
VOICES FROM THE KANSAS LOUDSPEAKER
The conversation on challenges centered around:
The conversation on opportunities centered around:
TEAMING UP AT STADIUM TOURS, THE BENEFITS OF COLLABORATION
As I metaphorically ‘sit in the stadiums’ and hear practitioners from across the country participate in meaningful discussions (I’ll be facilitating around 300 roundtable discussions), it’s always a great reminder of how powerful these small firm forums and roundtables can be.
Some of the greatest benefits of being engaged in events such as these are:
IT’S AN EXCITING TIME TO BE ON TEAM-CPA
There’s ALWAYS going to be the unknown of ‘what is going to happen over the next five years’, but that’s the exciting part. With the advances in technology, we’re able to focus on particular niches in accounting, which should shine the light on opportunities to provide workload compression relief during busy season and revitalize work-life balance.
As a small firm or sole practitioner, how do you ensure that you are future-ready and that your voice and ideas are being heard? Here are some winning resources for success that were discussed at the Small Firm Forum:
QUESTIONS FOR YOUR FUTURE-READY PLAYBOOK
Can you relate to any of the issues listed above for small firm or sole practitioners?
What best practices has your organization implemented lately to conquer emerging issues?
The Ignite blog is an official publication of the Kansas Society of CPAs. Copyright 2019.
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