In Episode 74 of the Big 4 Transparency Podcast, Michael Ly, founder of Reconciled, shares his journey from being an introverted individual to becoming a prominent figure in the accounting industry. He discusses the importance of social connections, mentorship, and personal growth, as well as the challenges he faced in establishing his firm. Michael elaborates on the growth of Reconciled through acquisitions, fueled by retaining capital in the business and not shying away from debt financing. We also discuss the integration of technology, particularly AI, to enhance efficiency in accounting practices.

Check out Forwardly for a streamlined solution to invoicing and bill payments:

https://www.forwardly.com/

Connect with Michael:

LinkedIn: https://www.linkedin.com/in/michaelly/

Reconciled: https://www.reconciled.com/

Combinely: https://combinely.ai/

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 73 of the Big 4 Transparency Podcast, Mike Pinkus shares the journey of building a cloud accounting firm from the ground up. We discuss the challenges faced in the early days, the importance of customer experience, the transition to a remote work culture, and the role of data in driving business decisions. Mike shares insights on navigating growth, building a strong company culture, and the impact of their podcast, Growth Tales, which highlights the stories of entrepreneurs and their unique paths to success.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Connect with Mike:

LinkedIn: https://www.linkedin.com/in/mikepinkus/

Growth Tales Podcast: https://www.connectcpa.ca/podcasts

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 72 of the Big 4 Transparency Podcast, Cody Daniels, founder of Builders Tax Group, shares his journey from public accounting to entrepreneurship, emphasizing the influence of podcasts on his career decisions. He discusses the unique challenges of tax in the construction industry, the importance of niche specialization, and the strategies he employs for client acquisition and business development. Cody also highlights the significance of community support and setting personal goals to guide his business growth, ultimately aiming to create a sustainable practice that aligns with his values.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Connect with Cody:

LinkedIn: https://www.linkedin.com/in/cody-daniels-btg/

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 71 of the Big 4 Transparency Podcast, I discuss the concept of the loyalty tax in the accounting industry, highlighting the disparity in salaries between externally hired and internally promoted employees, and explore the implications of this trend, including the incentives for job hopping and the associated costs for firms. The conversation emphasizes the need for better employee retention strategies and effective salary benchmarking to create a more sustainable workforce environment.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Check out this episode on the YouTube channel: https://www.youtube.com/@Big4Transparency

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 70 of the Big 4 Transparency Podcast, Noah Beery shares his journey with Platform Accounting Group, a rapidly growing group of Accounting Firms funded entirely by family office investors. We talk about what makes family office investors different than private equity, why a longer time horizon is crucial in the accounting industry, and how providing head-office level support is supercharging growth and performance at firms Platform Accounting Group is acquiring.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Connect with Noah:

LinkedIn: https://www.linkedin.com/in/noah-beery/

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 69 of the Big 4 Transparency Podcast, Tailor Hartman and I rehash the recent Firm Growth Forum, and how he started Celerity Accounting. Tailor actually got his firm started with contracts from upwork, and reached $10k / month within his first few months, quickly replacing his full-time income.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Connect with Tailor:

LinkedIn: https://www.linkedin.com/in/tailorhartmancpa/

Twitter: https://x.com/tailor_hartman

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 68 of the Big 4 Transparency Podcast with Frank Longobardi, we discuss the evolving landscape of accounting firms, particularly the impact of private equity on governance, talent attraction, and career progression. We explore the challenges faced by the accounting profession in retaining young talent, the importance of a unified culture post-merger, and the strategic decision-making processes in large firms. Frank also shares insights on the role of external talent in leadership positions and the diligence required in private equity deals, emphasizing the need for firms to adapt to future trends and global staffing strategies.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Check out Sapro: https://www.sapro.com/home

Connect with Frank:

LinkedIn: https://www.linkedin.com/in/frankplongobardi/

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 67 of the Big 4 Transparency Podcast I’m doing a solo podcast talking about how I recommend leveraging Big 4 Transparency to lead to better discussions around pay and performance. A major benefit of having access to data that both the employee and employer can view is that it can lead to very objective discussions which will be far more productive and beneficial and aligning expectations and evaluating your performance relative to your compensation.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Find your next job with the Big 4 Transparency Talent Pool: big4transparency.com/recruit

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

If you’re a firm looking for help with salary benchmarking, let’s get in touch: https://calendly.com/dom-zgw/big-4-transparency-demo-referral

In Episode 66 of the Big 4 Transparency Podcast I’m doing a solo podcast talking about layoffs and how to layoff proof yourself through networking. The number one piece of advice in this episode is that you can’t let yourself become siloed within your firm. You should be engaged in company culture, but maintaining a network outside of your firm at all times, and this will help you be far more resilient should you ever need to find that next opportunity.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Find your next job with the Big 4 Transparency Talent Pool: big4transparency.com/recruit

Link to newsletter about layoffs: https://big4transparency.beehiiv.com/p/layoffs-survival-guide

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/

In Episode 65 of the Big 4 Transparency Podcast I’m joined by Nick Sinclair, founder of TOA Global, an outsourcing firm with over 4,000 employees. In this episode, we talk about how Nick started in the accounting industry, growing an acquired accounting practice 5x in 2 years, how he started TOA Global unintentionally, and why he initially picked the Philippines as a good market for accounting talent. We also cover how outsourcing and a future with AI is requiring us to change how we view junior roles in firms, as well as how to get the most out of your offshore talent by learning about their culture and making them a part of the team.

Check out Canopy for your firm’s practice management needs!

https://www.getcanopy.com/

Find your next job with the Big 4 Transparency Talent Pool: big4transparency.com/recruit

Connect with Nick:

LinkedIn: https://www.linkedin.com/in/nicksinclair/

Nick’s podcast: https://the-7-figure-accountant.captivate.fm/

Get in touch with me:

Website: https://www.big4transparency.com/

Newsletter: https://big4transparency.beehiiv.com/

Email: [email protected]

Twitter: https://twitter.com/B4Transparency

LinkedIn: https://www.linkedin.com/in/dopiscopo/