On behalf of the Accounting Influencers Broadcast Network, this is the "Insights in Accounting" show, going live every Tuesday. This show is about filling in the knowledge gaps in your busy lives as accountants and leaders in practice, plus bookkeepers, finance leaders and the software/fintech industry that serves them. It's what you missed and you didn't know you missed, and why it's important.
Episode 3. In today's interview, "Potential Upside to the Accounting Great Resignation."
Key takeaways from this episode include:
☛ why the talent crunch could be a blessing in disguise for the accounting profession
☛ whether the 'great resignation' in accountancy is actually a fact or a myth
☛ the number one thing that stops accountants and practices from being more proactive with their clients
☛ what accounting practices can do to make the work more meaningful for their staff
☛ the need to challenge a SALY mentality in accountancy - same as last year
☛ what holding clients accountable does for accounting professionals and their engagement in the work
☛ what firing the lower end clients does for accounting portfolios and why it's so difficult to do in practice
☛ shout out to Susan Bryant (previous interviews) on clients making their accountants better and accountants doing the same for clients
☛ the need to leverage technology faster and better in accounting firms (using what you've got) for greater efficiencies
Action - holding onto and attracting good staff is 'doable' if accounting firm leaders do the right things, set the right culture and put a positive spin on the great resignation.
Mentioned in the show:
Accountants - Make Good Clients Great: Susan Bryant
https://bit.ly/38F7rdn
https://youtu.be/-OmLCgBnkFc
How Clients Can Educate Accountants: Susan Bryant
https://bit.ly/3to4yF1
https://youtu.be/e6dyUR9WOgc
Original source: https://www.accountingtoday.com/list/is-there-a-silver-lining-to-the-great-resignation-for-auditors
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A reminder of 5 great shows in the Accounting Influencers Broadcast Network:
❶ Success in Accounting - MONDAYS. Our flagship main show featuring panels, highlights, combinations, panels, topics, live interviews and best ofs.
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❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.
❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.
❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.
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Mentioned in this episode:
Dead Show / Youtube