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Taking Dead Aim at Billable Hours

Is the ‘billable hour’ falling out of fashion? The results from a new research poll from City University London indicates that the ‘tyranny of billable hours‘ in professional service practices leads to over-charging clients, overworking junior team members, and neglect of important client strategic issues.  The study was carried out jointly by Professor Andre Spicer,…

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Cloud Accounting and Accounting Clouds are Here to Stay

The AICPA recently published a guidebook for implementing an accounting cloud web-driven practice, covering everything from hardware and Web bandwidth to scanning and transferring software to cloud accounting.   And at Cloud9 CEO Robert Chandler wrote “THE Book” on CPA practice cloud accounting and the private accounting cloud for professional practice and small businesses in general –…

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Accounting Data Online: Who Owns What Where?

Accountants and Clients Online: Who Owns What Data? Joanie Mann Accounting Technologist Joanie Mann is an acknowledged expert in the areas of private cloud enablement and ASP SaaS accounting technologies.  She blogs at Cooper-Mann Group and Bookkeeping in Bunny Slippers While mobile smart device support and remote access to applications and data is becoming a…

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Welcome to the New Era of SMALL CPA Practices

Is it a new golden age of  ‘small’ CPA firms? Everyone is taking note of the consolidation of the CPA profession into megafirms as we see major mergers of equals (e.g. Reznick-Cohn, Clifton-Larson). The AICPA showed a decrease in the number CPA firms over the past five years from 47,000 to 43,000. See also – 21st…

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Cloud9 Real Time CEO Wins Small Business Influencer

#1 Small Business Expert Influencer Honoree Community Vote Goes to Robert J. Chandler! Cloud9’s own Robert J. Chandler has won the vote for category EXPERT for the 2012 Small Business Influencer Awards produced by Small Business Trends and BlackBerry.  The Small Business Influencer Awards honor those who are influential to small businesses in North America,…

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TAKING YOUR PRACTICE TO THE CLOUD

While cloud accounting and reliable accounting hosting platforms are in hot discussion throughout the industry, some real life examples may be apropos. Brian Austin and Kim Hogan at CPA Practice Advisor magazine weigh in on the most pertinent areas to examine towards moving an accounting practice to a private accounting cloud. An important  and potentially urgent matter…

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Different Clouds for Different Data*

Stories and rumors about cloud service providers experiencing outages rightfully give organizations pause about which provider to choose to put them on a path to the cloud. But by organizations taking time to learn about the differences between “consumer” and “enterprise” class cloud service providers, they will do more than put their fears at ease.…

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Latest Cloud Computing Trends Cited In Studies

Recent assessments of the cloud computing market size are all over the map, though by all estimates the cloud computing services industry is expanding fast.* We found these statistics while reading Market Research Media, cited in a recent Bloomberg report, saying that the cloud computing market will reach $270 billion by 2020, while Forrester is…

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Gartner Says Half of All Data Will Soon Be on the Cloud

Tech analysis agency Gartner just issued a notice predicting that roughly a third of the world’s digital content will be kept on the cloud by 2016. This is based on users’ desire to share and access content on multiple devices, without the need to manually transfer and synchronize data. In 2011 alone, Gartner states that…

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Top Practice Trend Initiatives to Watch and Embrace

Not your father’s CPA firm! Accounting Today just published its Top Ten Practice Initiatives that accounting firms are increasingly pursuing.   (Powers Samas Accounting Machine 1948, click to enlarge) What about YOUR practice? Are you evolving at a sufficient pace for the times? 1. Strategic Management and Corporatization CPAs want to move away from a…

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