Embrace change by stopping these five practices for a stronger, more successful firm.
At the AICPA & CIMA ENGAGE 2023 event, leaders in the accounting industry advised practitioners to focus on what they should stop doing to strengthen their firms, including putting clients first, prioritizing revenue, overemphasizing best practices, creating silos within the business, and thinking solely in terms of expenses. Instead, they suggested prioritizing the well-being of the team, making decisions that support the firm's foundation, exploring new approaches, fostering collaboration and purpose within the team, and considering the value of investments that can streamline processes and enhance productivity. By embracing these shifts in mindset and approach, firms can achieve sustainable growth and success. For more information click the link!
https://www.journalofaccountancy.com/news/2023/jun/5-things-stop-doing-in-your-firm.html