How the UK Economy Is Affecting Accounting Firms

UK Matters in Accounting

It's the "UK Matters in Accounting" show, every Thursday to 150 countries and 30,000 accounting practitioners, fintech specialists and influencers in the accountancy, CPA and bookkeeping space.

In today's episode 19, "How the UK Economy Is Affecting Accounting Firms" with special guest Carl Reader, founder of d&t accountants and bestselling author of BOSS IT. https://www.linkedin.com/in/carlreader

You can also watch this on youtube here: https://youtu.be/uihawIvAmq8

Key takeaways from this episode include:

✓ the exciting launch of the ProNation accounting community with Carl Reader, Lucy Cohen and Will Farnell

✓ why 99% of accounting firms are learning as they go and the one thing that separate the break out firms from the rest

✓ the problem with a 'my way or the highway' one guru, one approach way of doing things in accountancy practices

✓ why a coach or mentor or trainer for accountants and accounting firms doesn't always have to be a qualified accountant

✓ trying to describe the shambles that the UK economy finds itself in and the awful display of political leadership

✓ the important role accountants play in serving their clients while interpreting the economic climate

✓ the mistake some accounting firms are making in thinking they are implementing value pricing when they are really not

✓ how a scenario may arise where business owners will question whether they actually need an accountant

✓ why accountants cannot rely on technology to solve the economic problems arising in tough times

✓ the role empathy and resilience will play for accountants who can properly serve their clients in challenging economic times

✓ what many accountants forget when they are busy serving their clients (spoiler - it's looking after your own business)

◣━━━━━━━━━━━━━━━━━━━━◢

Subscribe to all 5 great shows in the Accounting Influencers Podcast Network:

❶ Success in Accounting - MONDAYS. Our flagship main show features panels, live interviews and replays of our most popular shows.

❷ Insights in Accounting - TUESDAYS. The best news, analysis, commercial awareness, news under microscope, podcast mentions and recommendations.

❸ Influencers in Accounting - WEDNESDAYS. Deep dive 1-1 interviews with leaders, experts, influencers from around the world.

❹ Best Practice in Accounting - THURSDAYS. Practice development, growth, management, consulting, examples, stories and practical here's what works stuff for accountants, bookkeepers and the fintech/software people who serve them.

❺ UK Matters in Accounting - FRIDAYS. A UK focused show featuring UK related topics, news items, events and interviews.

All on your preferred podcast app, platform or channel. Thanks for subscribing, sharing and listening!

Main show website. For access to every single show with full shownotes: https://accountinginfluencers.com/podcast

For announcements of published shows, tagging guest so you can build your network and offer feedback on the show: https://www.linkedin.com/company/accountinginfluencers

For videos of all podcast interviews and bonus video content: https://bit.ly/AI-youtube

https://www.instagram.com/accinfluencers

https://twitter.com/accinfluencers

https://www.facebook.com/accountinginfluencer

Mentioned in this episode:

Dead Show / YouTube