The CPA Advisory Show

In this episode of the podcast, Jeremy and Chris discuss the what and how of offering business budgeting services to customers. The key takeaways from the episode are: The timing and process of putting together a budget for customers The tools you can use to build budgets for your customers The difference between budgeting and forecasting and how they apply to CAS What does coherence mean within t...

As accountants, we want to make sure our firms run efficiently and profitably, but are those the right goals? Jeremy and Chris make a case for pivoting to effectiveness rather than efficiency and discuss how to measure effectiveness in your firm. Follow the show on Twitter @CPAAdvisoryShow Jeremy Wells on Twitter @JWellsCFO Chris Hervochon on Twitter @ChrisHervochon

In this episode of the podcast, Jeremy and Chris welcome knowledge economy extraordinaire Ed Kless (@edkless on Twitter) to the podcast. Ed, along with his co-host Ron Baker, hosts The Soul of Enterprise podcast every Friday. Ed is a staple at accounting conferences as an engaging presenter and has been a pioneer in notable areas such as timesheets and value pricing. The key takeaways from the epi...

In this episode of the podcast, Jeremy and Chris talk about their different approaches to workflow management, capacity management and engagement management. The key takeaways from the episode are: · How ticketing software can be used to manage the workflow of a firm. · What is practice management software? · What’s the difference between practice management software and project management softwar...

In this episode of the podcast, Jeremy and Chris talk about their different approaches to closing the books for clients within their CAS services. The key takeaways from the episode are: What is the purpose of the month-end close? What processes are included in the month-end close? What tools do we use during the close process? What does the timing of the close look like? Use cases for bots in the...

In this episode of the podcast, Jeremy and Chris talk about how to decide when to offer a new service in your firm and how to price it. The key takeaways from the episode are: What services should you, or shouldn’t you offer and why? What’s the first question you should yourself before offering a service to the marketplace? How to price a new service offering when you don’t have any experience del...

In this episode, for the first time ever, we have a guest with their own #1 podcast (in Nmibia!). Shannon Weinstein, CPA is the owner of Fitnancial Solutions, a virtual CPA firm providing CFO and tax strategy services to entrepreneurs. There are a ton of takeaways in this episode, among them: Can subscription models work with any industry niche? How to build trust with clients How Shannon sold $20...

Alyson Caffrey of Operations Agency , is the founder of Operations Agency and co-creator of the Operations Simplified™ Framework. As a fractional COO for many high-growth businesses, Alyson fell in love with the results that clear ops bring to a service business. She and the team at Operations Agency are determined to help businesses thrive profitably, serve more clients and create high-perfo...

In this episode of the CPA Advisory Show Jeremy and Chris talk again with Michael Meihaus, CPA for another interesting discussion: What was it like to build out an office overseas? What are the common pitfalls of managing an offshore staff? How is managing an offshore staff different than managing a U.S.-based staff? What should we be thinking about with data security when we offshore? Tips for in...

In this episode of the CPA Advisory Show Jeremy and Chris will discuss: What is a subscription model in an accounting firm? Can tax work be done on a subscription basis? Should subscription services have limits? What are some ideas to mitigate sources of friction in subscription services? Can you do subscriptions without having a niche? Some ideas to manage capacity within a subscription type mode...

Full disclosure: Yes, this title is clickbait but we all agreed it was a funny moment from the podcast. Michael Meihaus is the owner and founder of Meihaus CPA, PC . Michael's firm is relatively new and specializes in employee benefit plan (EBP) audits. In this wide-ranging conversation we covered: · What nudged Michael to start his own firm? · What are employee benefit plan (EBPs) audits, for tho...

In this episode, both Jeremy and Chris provide their respective "top 5" lists to learn and deliver advisory services. There is a good mix of books that cover both technical and soft skills, but it may surprise you just how much these books fall into the latter category. Both Jeremy and Chris provide their top takeaways from each book and engage in meaningful back and forth. Regardless of whether y...

In this episode of the CPA Advisory Show Jeremy Wells ( @JWellsCFO ) and Chris Hervochon ( @ChrisHervochon ) welcome special guest Andrew Lynch ( @AndrewGLynch ). This episode unpacks what it's like to work in a corporate FP&A environment and how that translates into delivering CAS services.  Some key takeaways from the episode: How to get good at bridging technical gaps between technical...

We're at CAS 2.0 now? What happened to 1.0?  In this episode we will explore exactly what CAS 2.0 is with our special guest Gary Wood, CPA and how we went from CAS 1.0 to CAS 2.0, seemingly overnight.  Gary is a firm owner from Ozark, Missouri (home of the Langmores!) that bought a legacy tax shop and turned it into a modern firm. Gary leveraged the existing client base and his firm is n...

In this episode of the CPA Advisory Show (CAS) we talk about dashboards and how to implement them into your advisory toolbox. We’ll cover the advisor’s common questions, such as:  How do I choose an analytics or visualization tool?  What metrics should I include on the dashboard?  Do clients even like dashboards?  And so much more. Tune in and find out. If you like this episode...

Our first guest! In this very special episode of the CPA Advisory Show (CAS) we met up with Logan Graf of The Graf Tax Co. PLLC at AICPA ENGAGE 2022 to talk about Logan's experience starting his tax-first firm and his move into offering Client Accounting Services (CAS). We also talk about Logan's TikTok skills and dancing prowess. Seriously. Logan is a must follow on Twitter @LoganGrafTax.

Jeremy and Chris review what CAS means: C: Client/Cloud A: Accounting/Advisory S: Services They discuss who should lead the relationship between advisor and client and how they decide whether to work with a prospect or not.

Jeremy Wells, CPA, EA, and Chris Hervochon, CPA, CVA, sit down to discuss what CA(A)S means to them in this inaugural episode of The CPA Advisory Show. Chris and Jeremy each run their own small accounting and advisory firms. They settle on a simple call to action for current and future advisors: “Just be helpful.” This episode’s actionable steps to increase your firm’s advisory value: From Chris:...

Hi, I'm Jeremy Wells, CPA, cohost of the CPA Advisory Show. Along with my co-host Chris Hervochon, CPA, we'll be talking about advisory services, building and running an advisory firm, and how we use advisory services to help our clients. We look forward to sharing many great episodes with you. Thanks for listening.