NZ profession going backwards

The New Zealand accounting profession is one of the world leaders in the adoption of cloud accounting technology. They have been active in the space since 2008 and approximately (at the time of writing) over 45% of New Zealand small businesses use a cloud accounting product. As a result of technology and market forces, the…

$1M profit per partner

Most CPA’s make nothing close to $1M profit per partner. Most are in the $200K – $400K range. I personally think that is waaayyyy to low. For the risk you take, for how smart you are and the value you add I think you’re worth >$1M profit per partner. But you have to believe it…

Increase profits by working less

Increase profits by working less! There is not an Accounting firm on the planet that I have met in 22 years coaching firms that does not want to increase profits by working less.. Many of the firms we have worked with over the years are achieving more than $1M profit per partner whilst delivering 500…

Pricing Accounting Services

The problem with pricing by the hour is that the assumption is that the price per hour is correct (often calculated by a salary multiple) and the time to do the task was correct. The assumption is that time multiplied by the rate equals the correct price. In my view, nothing could be further from…