How Client Accounting Services Are Redefining the Role of Accountants in Business Growth

In this episode, the hosts, Tom Wadelton and Adam Hale, introduce a discussion on the evolution of Client Accounting Services (CAS) and advisory services within accounting firms. Tom and Adam explore the differences between traditional accounting practices and the more corporate-like structure of mature CAS practices. They emphasize the importance of leveraging resources, delegating tasks, and focusing on advisory roles rather than traditional compliance work. The episode also highlights the benefits of a subscription-based model for advisory services and the need for regular client meetings to manage expectations and prevent scope creep.

Om Podcasten

Are you the owner of an accounting firm? Do you want to make your firm more profitable? Are you interested in providing Virtual CFO services to clients? Dedicated to perfecting Virtual CFO Services since our inception in 2002, Summit CPA Group, now Summit Virtual CFO Services by Anders, serves as Virtual CFOs for over 100 clients throughout North America. While most accounting firms focus on the past, our Virtual CFO team focuses on the future. This podcast seeks to help accounting firm owners like you learn how to provide successful Virtual CFO Services and become profitable. Tune in bi-weekly as our hosts Tom Wadelton, Virtual CFO, and Adam Hale, Partner at Anders CPAs + Advisors, interview industry-leading experts to share knowledge, as well as Adam’s experience acquired from more than 20 years as the lead provider of Virtual CFO services in North America. We'll answer some of the most common questions like how do I provide accounting services virtually? What's it like running a distributed team? And much, much more.