{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fc1f84d2b-3a83-43c2-bfe1-95927c9cd0f3","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"Moving from Big to Small Accounting Firm - Practitioner Interview (Uncut)","description":"Episode XX. In today's news episode, [SEO description & SEO Title from AIP spreadsheet - Promotion].\n\nOn today's bonus UNCUT episode, Rob Brown of the Accountants Influencers Podcast interviews Corey Talone on the advantages and challenges of smaller CPA accounting firms over bigger ones.\n\nCorey Talone (CPA, CGMA) moved from the large firm Maillie LLP after 10 years to be a partner with the public accounting firm Henry Frank & Company in Philadelphia, USA. The firm provides a variety of business and individuals with tax, accounting, consulting and attestation services. Corey is the co-founder and treasurer of The Elpis Foundation, which raises money and awareness for various local and national non-profit organizations through event based fund raising. \n\nKey takeaways from the full uncut interview include:\n\n\u2713 What constitutes a good size for an accounting firm and what being small allows you to do\n\n\u2713 The two critical things that can be achieved in a 10 person firm that are difficult in a 100 or 1000 person firm\n\n\u2713 How the Covid pandemic has changed the game with recruiting to smaller accountancy firms\n\n\u2713 The three main ways accountancy has changed as a profession over recent years. \n\n\u2713 What helps an accounting firm recruit good talent (clue - it's not chaining employees to a desk until they make partner)\n\n\u2713 Why not every fee is a good fee when it comes to taking on new accountancy clients\n\n\u2713 The big mistake accountants in practice make constantly which makes them too busy\n\n\u2713 Thoughts on niching or specialising for accountants based not on sector but on personality and circumstance\n\n\u2713 What leads to accountants working with the wrong kind of clients, and the challenges that brings\n\n\u2713 Why most accountants should take the winning of new work seriously to better serve their firm\n\n\u2713 The number one marketing strategy for accounting firms without big budgets\n\n\u2713 The warning signs that a client might not happy with their current accounting advisors\n\n\u2713 Whether accounting clients are more or less inclined to switch accountants these days\n\n\u2713 What client proactivity looks like for accounting firms and the professionals who work in them\n\n\u2713 How many accountants have developed empathy as advisors as they deal with emotional as well as commercial decisions for their clients\n\n\u2713 The number one thing that stops many accountants from getting rid of clients they shouldn't be working with\n\n\u2713 Why the billable hour fails to capture much of the value that accountants and CPAs generate for their clients\n\n\u2713 Comments on the Jeff Bezos backed Pilot initiative to take CPAs and accountants out of the game and commoditizing accounting services\n\n\u2713 The two best pieces of advice given by accounting firm partners to incoming new hires like Corey\n\n\u2713 The joys of charitable endeavours and pro-bono work for accounting professionals\n\n\u2713 Planning growth and career paths years in advance for accountants and CPAs\n\n\u2713 Why accountancy is an excellent profession for young people to be coming into\n\n\u2713 Advice for ambitious accountants seeking a better life and more career opportunities\n\n\u2713 What mostly stops accountants from breaking away and starting up their own practice\n\nWhen not working, Corey is a big family man who likes travel, concerts, American football and trying new restaurants/foods. \n\nLinkedIn - https://www.linkedin.com/in/corey-talone-cpa-cgma-aa580584\n\nWebsite: www.henryfrank.com\n\nNOTE TO LISTENERS:\n\nThis is a full-length interview (usually 20-30 mins long) from which the highlights show earlier in the week was taken. You can listen to this on a previous episode.\n\nMartin and Rob love to hear from the show's 7000+ listeners in 144 countries around the world. If you like the show, leave a review wherever you listen, and please recommend the show to your friends and colleagues.","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/0e39cf77-35c6-4b6b-8f9c-ff1353f8c2bd/6k72XXhMEvGtpDr1CY4ItE41.jpg"}