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Deeper Weekend 2014

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    Adrian Simmons
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    Greg Kyte
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    Jason Blumer
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    Jennifer Blumer
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    Scott Kregel

Greg Kyte 2I want to trust the AICPA.

 

But there was their obsessive push to get everybody to get the CGMA designation. When they launched the designation in 2012, all you needed was a check for $150 payable to the AICPA to prove your expertise in global management accounting. They wanted member buy-in, literally.

 

And it didn’t help the legitimacy of the AICPA’s push for the CGMA designation when the AICPA sent out emails reminding members to hurry and get the designation to prove that they are awesome at managerial accounting before they had to take a test to prove that they are awesome at managerial accounting. Read more

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Other Thoughts
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Greg Kyte 2Dress codes are simultaneously infuriating and amusing, like presidential candidates.

 

They were the topic for Jason, Caleb, and me on our last #WhatsNext in the Accounting Profession Blab. I thought it would be a fun, light topic, easy to make fun of, but not too deep. Turns out, dress codes are a quick path to the seventh circle of HR.

 

This week, I asked some friends who work at two different mid-size CPA firms to send me their company’s dress codes. And it turns out they are awesome.

 

For one company, under “Examples of Not Acceptable Attire” they listed “stirrup pants,” “bolo ties,” and “bathing suits.” Bathing Suits?! How the hell do bathing suits get explicitly banned on the dress code?

 

Audit Manager: “Hey, Rebecca, are you ready to head to the client’s office for … what the f**k?! Are you wearing a swimsuit?” Read more

REFM - Adrian Photo Square - CATOBI wonder if you’ll allow me a few moments for some experimental thinking — to explore with you an idea: what is the price of profit? (it may not be in the way you’re thinking.)

 

In a previous post, I ruminated on a different way to view what CPA firms do: we sell access to emotional, intellectual, and creative capacity. What this means to me is that we have care, smarts, and the ability to imagine, and that’s truly what our customers want from us. This is how we help them. These are not unlimited resources, however. We have only so much emotional capacity. You know what I mean if you’ve ever had that morning customer situation that completely zaps your energy for the rest of the day. We have only so much intellectual capacity. Has anyone out there been able to keep up with changes in all the dimensions of accounting, much less the other things we have to know to run a business? And we have only so much creativity capacity. The juice it takes to rollout new products, or help customers imagine solutions to their situations, can only run so long before it needs to be replenished.

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Laboratory, Other Thoughts, Pricing
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REFM - Adrian Photo Square - CATOB“The pathway to your greatest potential is through your greatest fear.” -Craig Groeschel

This is where it gets real. The blog posts are one thing. The conferences. An inspiring TED talk or coffee exchange with a peer. But eventually it all comes down to you, and the action. And the fear that’s present in that moment.

I’m convinced that facing fear is perhaps the biggest skill we can develop as business owners. Heck, as human persons. To me, here’s an example of human business, and how developing this skill in business, can actually feed back into our life outside of business. And vice versa. I know it has for me.

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Other Thoughts, Personal Growth
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REFM - Adrian Photo Square - CATOBCommerce. Hubbub. The noisy marketplace. The tens, hundreds, and thousands of small exchanges. In the store, online, over the phone, from an airplane. It’s like an ecology, the ecology of the economy. The creation and shifting of resources from one area of the ecology to another. All voluntarily. All based on what we value, on what we think is worth the expending and spending of resources. The values, where do they come from?

As entrepreneurs, we design “the value exchanges:” those interactions that bring together buyers, workers, suppliers, owners, and indirectly, their surrounding environments. If we’ve done our job well, each party leaves the exchange with greater value than they brought to it. In a very real sense, they are affirmed in that value through their interactions with the others. The whole process is a way of cooperating to make the imaginary real, the potential actual, the unseen seen. It also transcends the laws of matter: while the physical matter doesn’t increase, paradoxically the whole enchilada just grew, because it grew in a non-material dimension: in the minds and souls of the participating parties. Read more

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Other Thoughts
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