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Accounting High
Accounting High episodes
- 102 Profitability with Scott & Nikole | #VarsityEpisode 102 | Recorded February 7, 2023VarsityTips is brought to you by https://www.liveflow.io/https://www.liveflow.io/partnerships/accounting-highGet 20% off for 3 months with promo code HIGHAnd another special thank you to our Booster Partner https://www.growthlabfinancial.com/nocode-CPAIn this episode, https://www.linkedin.com/in/scottscarano/ and https://www.linkedin.com/in/nikolemackenzie/ explore the concept of profitability in their respective firms, drawing on their own experiences and anecdotes. They delve into various topics, such as outsourcing, hourly billing, and employee percentages, and discuss ways to improve your profitability, such as upselling, fixed pricing, and consulting. Along the way, they share fun stories, including encounters with a shady shirt vendor. They also share practical tips for increasing profitability, including investing in marketing, automation, and niching, as well as the importance of building relationships with other companies and providing excellent customer service. This podcast is a must-listen for anyone looking to improve their firm's bottom line.• What to expect from this episode• Your firm is your firm• Simple Tasks! interrupts• Start of the review• Scott has learned nothing• Working at home and outsourcing• Stats on what people are doing in the office• Revisiting hourly billing• Scott’s outsourcing update• When you aren’t being profitable• The Ps• Niks Profits• Jedi Mindset Shift to abundance• Goals• Makeup of client profitability• The cost of profitability• Percentages for employees• Sharing the owner’s salary• Raising prices and clients• What’s the key to profitability?• Working hard or hardly working?• Ways to increase profitability• Pricing• Rushing into new clients• Making cuts and Price increases• Jasper’s answer to profitability• Upselling• Caring about the customer and fixed pricing• Making big changes for the clients by consulting• Scott’s epiphany to help accountants• Getting and giving referrals• Investing in marketing?• Automation• Offer competitive pricing• Niching• Take on contracting work• Bracket Challenge• Expand relationships with other companies for leads• Animals and MascotsAll the Shoutouts:https://www.linkedin.com/in/ashleykcarroll/, https://www.linkedin.com/in/rezahooda/, https://www.linkedin.com/company/the-abundant-accountant/, https://www.linkedin.com/in/michelleweinstein/, https://www.linkedin.com/in/dcb/, https://www.linkedin.com/company/karbonhq/, https://www.linkedin.com/company/heyjasperai/, https://www.linkedin.com/in/ronbaker1/1 hr 9 min
- ABC04 Communicating Clearly to Leverage AI Tools | #AHTimes Vol. 4
Accounting High Times Vol. 4 | February 17, 2023
Nominate your TOP 5 Accounting Platforms today! text "ABC" to 33339 or go to bracket.accountinghigh.com
Greetings Accounting High! Welcome to your weekly installment of AH Times, Every Friday, Scotty and Byron will be bringing you the latest news and updates from accounting high, as well as a few highlights from our blog The AH Guide. First up is our coverage of the ABC March Appness event, enroll today at bracket.accountinghigh.com. We've also got the latest scoop on the AH weekly roundup, as well as a lesson from Accounting High’s AP AI Class. And as always, sit back, relax, and open your mind, it’s time for Accounting High Times.
This week's Agenda
ABC March Appness Update
- 200 different accounting things nominated!
AH Weekly Roundup
- Firm Hard Numbers
- Guiding Transformations from the Principals Office
- VarsityTips Vol 4
AH Ai Agenda
- Importance of clear communication
- Can scan code for errors, improved efficiency & security vulenrabilities
- Bing integration is nice
AH Attention Detention
- Energy and Sleep
AH Accounting Article of the Week
- How Can We Make Accounting Cool? - WSJ
- https://www.wsj.com/articles/how-can-we-make-accounting-cool-11675973909?st=tilzyzg90gk6k9m
AH Coming Soon
- How to RAAP
- VT5 Profitability 102
- Ideas having S3X
- FBPM PDX Tori McKee & Sarah Prevost
- Chet Buchman
49 min - 101 Firm Hard Numbers: The Sons of CPAs Going Deep (feat. Jason Ackerman, CPA)
Episode 101 | Recorded January 9, 2023
Thank you to our AH Boosters!
Tallyfor - Book to tax in minutes, not hours - check em out at tallyfor.com
Greetings Accounting High! The Sons of CPAs are back! Scott Scarano and Jason Ackerman are here to share their Firm’s hard numbers and go deep, as they discuss their accomplishments and concerns about sustainability and the future of their firms. We also touch on professional passions and purpose, and Scott's interest in turning this rap thing into a legit business and they reveal the show’s Hard Numbers and growth. Of course, this ain’t complete without a little therapy, so be sure to stick around until the end as Ackerman shares his OnlyFans story. As always, sit back, relax, and open your mind, because this is Firm Hard Numbers with the Sons of CPAs at Accounting High.
- Ackerman’s firm is zagging
- Getting Ackerman’s dad and Ron on the podcast
- Growth of the podcast
- AH faculty
- Compliments from Ackerman
- The listeners
- Time spent last year
- Getting out of the firm
- The future of the firm
- What Scott does at the firm
- Scott’s concerns with the firm
- Addressing the concern
- Last year’s numbers
- Staffing
- What clients does the firm take?
- I'm bored - making a rapping business
- Living the dream - how to run Scott’s firm
- Accomplished goals
- Is it sustainable?
- Scott’s savings
- Podcast numbers
- Passion
- Pivoting to more hard numbers
- Ackerman’s last year
- Ackerman’s hard numbers
- Old clients and raising prices
- If you have to ask, you can’t afford it
- Ron Baker’s subscription model
- More of Ackerman’s numbers
- Ackerman’s story about OnlyFans
All the Shoutouts:
Ron Baker, The Back Room Outsourced Professionals, Netflix, OnlyFans
1 hr 4 min - 100 Guiding Transformations from the Principal's Office (feat. Ron Baker)
Episode 100 | Recorded December 30, 2022
Thank you to our Booster Partners!
AppStream powered by the GrowthLab Automate your firm. Save time. Add value. https://www.growthlabfinancial.com/automations-for-accountants
Greetings Accounting High! Scotty’s in the principal’s office, and while he was in there he had an epic 3-hour conversation with Mr. Ron Baker. This conversation was broken up into two episodes for your listening enjoyment. During our first session, after putting on his Tweed jacket and formally accepting the role of Principal at Accounting High, Scott and Ron discuss the evolution of accounting, fitness goals, accounting communities, infinite games, storytelling, comedy, and the future of the profession. And a delightful performance from our rapping custodian to break up the conversation, we go deeper into the mind of Principal Baker. And as always, sit back, relax, and open your mind, because we’re in the principal's office with Ron Baker.
- Making changes in the industry
- After action reviews
- What is the future of Accounting?
- Professionals shouldn’t be too busy
- Amazon and Apple
- Subscription Model and Customer relationships
- Scope of service
- Focus and Niche
- Finite and infinite games versus Ron
- Disney stories
- Rebranding Sons of CPAs and finding faculty for Accounting High
- Value Billing
- Pancakes of waffles? Pizza or calzone?
- Accounting communities
- Blake’s stories
- Competition, niche, and generations
- Leaders and dreams
- Standing on the shoulder of giants
- Defending Ron’s ideas
- Change is coming
- A big change in Scott’s firm
- Big leap
- Time and rapping flow
- Ron’s dream for a film
- Podcast and comedy
- Applications
- Audience and delivery
- Writing
- Greg Kyte's story and parodies
- Simple Tasks!
All the Shoutouts:
Ron Baker’s Times Up, Amazon, Simon Sinek, Twyla Verhelst, CPA, Jason Ackerman, CPA, CFP®, CGMA, Edward Mendlowitz, Lorilyn Wilson, CPA, Barry Melancon, CPA, CGMA, Hulu, Netflix, Blake Oliver, CPA, James Ashford, Jason Staats, CPA, MBA, Jason M. Blumer, CPA, Paul Dunn, Richard Payne, Ryan Lazanis, CPA, Ed Kless, Tim Williams, Greg Kyte, CPA,
1 hr 34 min - 099 GPT your SOPs & Real Life Resiliency Running a Firm | #Varsity
Episode 099 | Recorded February 1, 2023
VarsityTips is brought to you by LiveFlow
Don't be tardy to the Coach Mackenzie party with Scott and Nikole, where they sit down and discuss a hot topic to get Niks’ hot takes and tips. So lace up your sneaks and stretch out because of VarsityTips is now in session.
- Hitting the Charts
- OKR and The Tax Accountant's Anthem
- Tax Organizers and Typeforms and Tax Returns
- Asynchronicity
- ABC March Appness Update, Sponsers, and Raffle Prizes
- LiveFlow
- Accounting Salon
- AH Gazette
- Hubspot
- Chat GPT, write an SOP
- FinDaily
- Terrell Turner and YouTube
- Niks' YouTube Idea
- Spreading Your Wings
- If Scott had unlimited money…
- Managing Ambitious Employees
- More Chat GPT to get out of things
- Linkedin & GoProposal
- Podcast Therapy
- What's Next for Niks' Business
- Scott's Consulting
- CEO Value
- To Show up or to not show up
- Back to Liveflow
- Wrapping Up with RZA and Pushin P
All the shoutouts:
Nicholas Pasquarosa, Adam Markowitz, Logan Graf, Paul Glantz, CPA, Jason Ackerman, Calendly, Shane Sullivan, Twyla Verhelst, CPA, Ignition, Tallyfor, Spencer Christeck, David Barrett, Anita Koimur, Terrell Turner, LiveFlow, Keila Hill-Trawick, Drip, MailChimp, Karbon, ServiceHub, Hiver, Blake Oliver, CPA, Earmark, GoogleSheets, AppStream powered by GrowthLab Finance-as-a-Service, Jason Staats, Luke Templin, FinDaily, Xero, QuickBooks, Ashley Carroll, Expensify, Dan Gertrudes, Byron Patrick, GoProposal, Reza Hooda, Gusto
1 hr 9 min - ABC03 Attention Detention: Personal Attention Management Class | #AHTimes Vol. 3
Nominate your TOP 5 Accounting Platforms today! text "ABC" to 33339 or go to bracket.accountinghigh.com
Greetings Accounting High! Welcome to your weekly installment of AH Times, Every Friday, Scotty and Byron will be bringing you the latest news and updates from accounting high, as well as a few highlights from our blog The AH Guide. First up is our coverage of the ABC March Appness event, enroll today! We've also got the latest scoop on the AH weekly roundup, as well as a lesson from Accounting High’s AP AI Class. And as always, sit back, relax, and open your mind, it’s time for Accounting High Times.
This week's Agenda
ABC March Appness Update
- Over 5200 raffle tickets
- Ignition & Relay sponsors, we will confirm the prizes soon!
- CAP still tied with Gusto at 20 nods
- Strong showing from Plooto & Unique CPA
- New Rule, you can’t vote for the same thing multiple times
AH Weekly Roundup
- VarsityTips | Storytellers Guide Through a Time Capsule of Travel
- TaxTwitter “Founder” @StephanieSoong started using it regularly in 2016
- TaxTwitter First Usage Ever; Martha @marfarfarquhar Feb 2, 2010
- you see what is happening here? Twitter and wine are not helping me do my work #taxtwitter
AH AI Agenda
- Google Bard and New Bing
- Notes from Mom: ChatGPT is currently free to use. It’s a great tool for gathering ideas and writing almost anything using simple prompts. The prompts are the key. The more specific, the better the output. Jasper uses a different approach. It includes tools like templates, recipes and a chat prompt. This may be better for someone who needs more guidance in formulating content. Personally, I feel like I’m cheating by using these tools. It rehashes what’s already written. On the plus side, it produces content instantly and eliminates writer’s block.
AH Attention Detention
- Access Economy/Information Economy → Attention Economy
- How are we “spending” our attention? How do we make active attention choices?
- Personal Attention Management Class: Attention Detention
AH Accounting Article of the Week
- Accountants are among the most sought after workers in 2023
- https://www.cpapracticeadvisor.com/2023/02/09/accountants-are-in-the-hiring-plans-of-many-u-s-companies-in-early-2023/76677/
AH Coming Soon
- Guiding Transformations from the Principal’s Office
- Firm Hard Numbers Vol. 3 | Going Deep (feat. The Sons of CPAs)
- Ideas having S3X in the Principal’s Office
- VarsityTips | GPT your SOPs
- AH Guide
- AH Gazette
- AH TV
38 min - 098 Storytellers Guide through a Time Capsule of Travel | #Varsity
Episode 98 | Recorded January 24, 2023
Sponsored by AppStream powered by The GrowthLab
Don't be tardy to the Coach Mackenzie party. That's right. You're listening to VarsityTips formerly known as NiksTips with Scott and Nikole, where they sit down and discuss a hot topic to get Nik's hot takes and tips. So lace up your sneaks and stretch out because of VarsityTips is now in session.
- ABC Appness
- Storytelling
- Colonoscopy and Spicy Foods
- Escapades and being away from the office
- GPAC, Park City, Denver, Being with friends
- Business people in Accounting
- Snowmobiles and sledding and music video
- Simple. Tasks. Rule. Everything. Around. Me.
- The CAS Angels
- Don’t expect me to help
- Ambivert Scott
- Accepting help from others and Ops people
- Partnership in Scott’s business
- Getting woke up by Niks
- Ideal partners and packing
- Improv class
- GPAC
- Amenities at Gusto
- Small businesses
- The Philippines
- Back to the Gusto Office
- Telling stories
- Grading the trips
- AppS.T.R.E.A.M. Rap
All the shoutouts:
Blake Oliver, CPA, Zachary Call, CPA, Ashley Carroll, Gusto, Roman Villard, CPA, Chris Williams, Marissa Jones, Marie Greene, CPA, Earmark, Kenji Kuramoto, Dan Luthi, Jacob Schroeder, CPA, Nicholas Pasquarosa, GrowthLab Finance-as-a-Service, Karbon, Matthew May, Twyla Verhelst, CPA, Greg Kyte, CPA, Paul Glantz, CPA, Christopher Leon, Byron Patrick, CPA.CITP I CGMA, Alex Miles, Ignition, The Back Room Outsourced Professionals, Leah Brite, Nayo Carter-Gray, EA MBA, Zapier, Amy Vetter, Michael Ly
1 hr 11 min - ABC02 Accountant Bracket Challenge "ABC March Appness" | #AHTimes Vol. 2
Accounting High Times Vol. 2 | recorded on February 2, 2023
Nominate your TOP 5 Accounting Platforms today! text "ABC" to 33339 or go to bracket.accountinghigh.com
Greetings Accounting High! Welcome to your weekly installment of AH Times, Every Friday, Scotty and Byron will be bringing you the latest news and updates from accounting high, as well as a few highlights from our blog The AH Guide. First up is our coverage of the ABC March Appness event, enroll today at bracket.accountinghigh.com. We've also got the latest scoop on the AH weekly roundup, as well as a lesson from Accounting High’s AP AI Class. And as always, sit back, relax, and open your mind, it’s time for Accounting High Times.
This week's Agenda
ABC March Appness
- Over 100 Students Enrolled
- Over 125 different Accounting Channels nominated
- Lots of wonderful testimonials
- Word Cloud of nominations for those that have submitted their 5
- As we get closer to selection Sunday we will post the unofficial rankings
- Upcoming ABC Sponsors
AH Weekly Roundup
- Byron’s got some news to share
- Rock the Books like a Rockstar (feat. Sherrell Martin)
- Stop the Scroll (feat. Reza Hoda)
AH Accounting Article of the Week
- Going concern Friday Footnotes
- Armanino Announces record Partner Class - 26 New Partners!!
- Competition for talent is leading to higher salaries
AH Ai Agenda
- A ChatGPT chat
AH Coming Soon
- AH Guide - Blog
- AH TV - YT
- “Simple Tasks!” Music Video
- Episodes On Deck - Ron Baker, FirmHardNumbers, VarsityTips, FBPM Tori & Sarah
- Recordings - Amy Vetter, Keila Hill-Trawick, ChatTeleGraf,
- Raps on the way - Tax Acct Anthem, LiveFlow
42 min - 097 Stop the Scroll (feat. Reza Hooda, FCA)
Episode 97 | Recorded July 4, 2022
Thank you to our AH Boosters!
Tallyfor - Book to tax in minutes, not hours
check em out at tallyfor.com
AppStream powered by the GrowthLab Automate your firm. Save time. Add value.
check em out at - https://www.growthlabfinancial.com/automations-for-accountants
Go on a journey filled with self-discovery, ambition, and entrepreneurial spirit, Reza Hooda FCA CTA has charted a path that takes us from the halls of high school to the accounting world. Join Scott and Reza as they go from learning French to delving into the world of numbers, taking on new challenges, including starting his own accounting, coaching and mentoring businesses, and working with like-minded individuals.
- Stop the Scroll
- Independence day
- High school
- College and first job
- French and other languages
- Back to the Numbers
- Mindset shifts
- Reading books
- Rapping
- Starting Accounting
- Trying to and starting a business
- And another business
- Growing the business
- The numbers
- Working geniuses
- Working on Scott’s business
- The accounting coaching and mentoring business
- Time, Money, and Freedom
- The four pillars
- Marketing and sales
- Niche-ing
- LinkedIn and more marketing
- Storytelling
- Writing the book
- Things to stay organized and productivity
- Getting connected to Reza
- More on the book and rap coaches
All the Shoutouts:
Jay Shetty, Mark Wickersham, Patrick Lencioni, James Clear
1 hr 7 min - 096 Rock the Books like a Rockstar (feat. Sherrell Martin, CEO)
Episode 96 | Recorded November 3, 2022
The Accountant Bracket Challenge aka ABC March Appness - nominate your top 5 accounting platforms today - text “ABC” to 33339 or enroll at bracket.accountinghigh.com
Shoutout to, FreshBooks
Greetings Accounting High! FreshBooks recently hit the road to meet up with some amazing people in the accounting industry at 4 awesome locations. At each location, Accounting High's rapping custodian got to sit down and chat a little with some really cool people. First up in Atlanta, Georgia, our host does a live recording with Sherrell T. Martin, Founder & CEO of Nitram Financial Solutions. In this episode, they discuss colors, branding, social media, running a firm, and all the software apps they play with in our space and how some of these appbs have been game-changing factors in the future of accounting. Sherrell also shares how she got into accounting and what drove her to start her own practice. So sit back, relax and open your mind because class is in session… on the road.
2 - Sherrell and Scott at the FreshBooks Partner Meetup in Atlanta
4 - Getting into accounting, the language of business
9 - They say people know all the languages when they're born
12 - Pros of starting out from a small firm
14 - Colors
Shoutout to Michael Ly, Madeline Reeves, Fearless Foundry
19 - It wasn't enough and I got tired of working like that
Shoutout to David Barrett
23 - 10 lessons in 10 years
Shoutout to Xero, Intuit QuickBooks, FreshBooks
28 - What color kool-aid are you drinking?
31 - What app drew you in first?
37 - Introverts & Extroverts
Shoutout to Nicole Davis, CPA, Kenji Kuramoto
43 - Apps & more Colors
Shoutout to Twyla Verhelst, CPA, Hubdoc, Gusto, LastPass, Teamwork, Airtable
48 - Sherrell’s hard numbers
50 - Rock the Books Online
56 - Rapping it up
61 - Bloopers
1 hr 1 min
About Accounting High
From the publisher's feed
Accounting High is the premier practice management podcast for tax and accounting firm owners. Join us for conversations about running a modern accounting practice in the cloud. We are the next…
generation of accounting professionals questioning the state of the accounting profession.