Common Misconceptions About Outsourcing
A common misconception about outsourcing is that you outsource all the low-end work – but more and more our clients are outsourcing their special projects to us. “While we were busy in the fall of 2020 prepping for tax season, the MoneyPenny team was converting 60+ of our audit clients from FirmFlow to AdvanceFlow. In […]
Old School Fireproof Filing cabinet and OTA, MFA, 2FA
Many years ago, in a galaxy far, far away a story was told of a devastating fire and the silver lining that appeared from it. This was a story told over and over to accountants. They would often ask me if it was true. Unlike many of the stories told during that time from the […]
Not Everyone on The Team Needs to Know Accounting
When I was a kid in school, I remember a story that was told by our teacher after an event at recess. You know the kind, an allegory. It was very short story and it related to an incident that occurred when a group of kids ignored someone in a game under the assumption, they […]
Light at The End of The Tunnel—A Grateful Remoter
This has been a difficult year for everyone, all over the world. In mid-January 2020 I flew back from India via Hong Kong only to arrive home to an email notice from one of my siblings that worked at a major east coast medical facility in the virology lab. Get ready this is going to […]
What the Change Could Bring and How It Could Be Accomplished
Recently David Brooks had an article posted in the Baltimore Sun digital edition. Brooks was talking about how to make America great. It was a very well written and thoughtful article. The idea, however, was universal about all things to make great. When one finds stagnation, broken structures, and a lessening of positive outcomes, change […]
Why Reconciling Accounts Every Month is Good Due Diligence
Over the years we have worked on more accounting files than we can count. Working directly with business owners and working with Accounting offices. This all started because a large nationwide firm asked us, many more years ago than I care to admit, to develop a standard policy on allocations so they could systematize their […]
Converting to the Cloud During a Pandemic
Technology changes. It’s one of the few constants as accounting technology continues to advance at a rapid rate. Sometimes you can delay the change, even resist it, and sometimes you have no choice. We work with accounting firms that use a myriad of applications, both cloud-based and desktop software hosted on servers. We have the first-hand […]
So Back to the Office with Caveats
I have, for the last 21 years worked from anywhere I could get a connection. Whether on top of Casper Mountain, at the beach in San Diego, or in another country while on a surf trip, the internet allowed me to work. I told people that often asked about my commute here in Southern California, […]
How accountants are making a difference
A couple of weeks ago AccountingWEB.com with Andy and Seth, had a webinar on charging clients during COVID-19. The range of the panelist was well done and the discussion thoughtful and informative. Frankly, after so many promo webinars that end up as sales pitches, this particular webinar was a welcome respite from people trying to […]
Remoting in days of COVID19
I have been remoting for many more years than I care to admit. The idea of shelter in and work from home would seem easy right? Yeah, not so much the requirement of keeping to others time was helpful in me keeping scheduled. What happens when everyone around you loosens their schedule? The first week […]
