CPA Practice Advisor

NOV 2011

Today's Technology for Tomorrow's Firm.

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an example, she was commended by the construction fi rm for creating new templates for revenue projections that reduced the time required to process them from nearly a week to one day. She has also been involved with web development, and recently authored an article about the diff erence between tax-focused CPAs and what her fi rm does. Since she doesn't do income taxes, she doesn't "I REALLY HATED TRACKING MY HOURS AT OTHER FIRMS, AND FIXED PRICING PROVIDES MORE CONSISTENT CASH FLOW PLANNING FOR BOTH OUR CLIENTS AND OUR PRACTICE." WHERE DOES YOUR FIRM STAND? have a busy season … but does have higher workloads with mid-month write-ups, reconciliations and sales and use tax preparation. Her remote technologies allow her to work from virtually anywhere, whether at a client's offi ce, from home or from the fi rm's offi ce, where she says she spends less than 40 hours most weeks. Her husband Mike, the COO of a transcription company, also enjoys a somewhat fl exible schedule, which allows them both to spend time with their three year-old daughter, Isabell. A graduate of Oglethorpe University (www.oglethorpe.edu), Cathy has lived in Atlanta most of her life and is active with the Georgia Society of CPAs (www.gscpa.org) College Outreach Taskforce, which encourages area accounting students to become involved in the profession. She also served as the chair of the group's College2Career conference and as a member of the GSCPA's Southeastern Accounting Show Task Force. Take the productivity survey today at www.CPAPracticeAdvisor.com/productivity-survey PRODUCTIVITY. The Productivity Survey.v2 includes a series of updated questions to measure your  PK³Q NPMBSARGTGRW ?LB adoption of technology. What We've Learned (an interesting stat) PRODUCTIVITY SCORE AVERAGES The "paperless revolution" is pretty much complete, with more than 92% of firms responding that they create digital copies of client tax returns. Likewise, 96% of firms note that clients provide some or all of their tax documents in electronic format. PERFORMANCE. $?AF  PK AMKNJCRGLE RFC Productivity Survey.v2 receives its own individualized report with correlations between overall productivity ?LB ?AACNR?LAC MD CÄ AGCLR processes and technology solutions. PROFITABILITY. Each individual report includes suggestions for improving the NPMBSARGTGRW GL WMSP  PK 6GRF increased productivity, your  PK A?L KCCR RMB?W³Q BCK?LBQ of producing more with less.

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