Why is Busy Season Busy?
A Workflow Solution Course for Tax Professionals
Course Summary: Learn the fundamental issue behind busy-season for CPAs and how this can be corrected so CPAs can take the busy out of busy-season in this entertaining and enlightening presentation (qualifies for 1 hour of CPE in Texas)
Description: CPAs will give you a wide variety of reasons why busy season is busy. Ford Baker, a practicing CPA with 33 years of experience, certainly could. Over the course of Ford's career in public accounting, he has asked himself the same question, insisting that the same clients, forms, and deadlines should CPAs the opportunity to have a workflow that automated the process or, at a minimum, was more efficient. Over the past 6 years, Ford has worked on a workflow that helped him uncover the single element that makes busy season busy.
Over the past couple of months, Ford and his team have asked CPAs from newly hired staff to seniors, managers, partners, and even workflow solution providers the same question, “why is busy season busy,” asking them to describe the central reason they felt caused the business. That resulted in a long list of culprits with very little consistency from one CPA to the next. CPAs described everything from client issues to redundancy, time compression, and no centralized data source or format.
The actual list of reasons CPAs gave would consume the entire hour however not one CPA gave us the problem. Every excuse, every reason, every problem a CPA gave us was actually a symptom of that one problem. Even the AICPA only offered ways to deal with busy season, but never gave an answer as to why it's busy. It's as if busy season is like flu season without the flu vaccine, just deal with the symptoms because catching it is inevitable.
By focusing on one central problem, the idea there could be a single workflow solution that could address every reason CPAs might describe was plausible. Once he could name and identify both the problem and solution he was surprised it is was so easy to implement. In fact, most CPAs use the idea behind the solution in their firm today and it's so simple and routine it is typically assigned to interns and inexperienced staff members.
So why haven’t they fixed it? CPAs don’t actually think the problem is a problem, they believe they can't work without it and if you were to give them the choice of working with the solution or the problem, they would all choose the problem even though it causes every problem they described.
This enlightening and entertaining course will demonstrate to attendees
- the history of how the problem was identified and how it's applicable as it was designed by a practitioner in public accounting
- the history of accounting platforms and the impact they have had on every CPA firms' workflow.
- the central problem in every CPA firms' workflow
- how it adversely impacts every CPA firm, creating every problem a CPA might provide
- the single solution for that problem
- how it positively impacts the CPA firm, addressing if not eliminating every problem
- how the solution can be harnessed to create efficient workflows but provide clients the actual things they want from their CPA (hint: It's not putting last year's numbers on a form)
- a comparison of the current CPA workflow with this new methodology
- how it can create a central access point for CPAs and actual opportunities to automate workflow and create efficiencies around reporting
- what tools can be used to gather this information and what might be done to take advantage of it
- how BaCo Tech has harvested those items and how its patented technology could come at no additional cost to a CPA firm or their clients
To request additional information or inquire about scheduling, please complete the form at the bottom of this page.
The managing partner at a mid-sized CPA firm had this comment on the Workflow Solution
They found a solution to the age-old problem of workflow compression by bringing this new concept to light! We are looking forward to utilizing this revolutionary concept to greatly enhance our productivity and client service
A Senior Manager had this to say on why he left a 150 man firm, sold his home and relocated to Dallas to work in a local boutique-style firm
After I saw what BaCo Group is doing with BaCo Tech around this new take on workflow, I knew I had to be part of it. This game-changing, industry-disrupting, innovative technology will help CPAs take the "busy" out of "busy season" and allow us to spend more time advising clients on their current year tax situation, as opposed to being "busy" trying to reconcile your prior year numbers.
2 Managing Partners with different large local firms had this to say after seeing the method for communicating with clients, delivering financial statements and preparing updated tax projections
I want it for how efficient you make sharing financial statements and information with clients.
It's like Mint.com has been discovered for accounting firms.
Other Service Providers for Public Accounting have described the workflow capabilities and potential as follows:
Wow, this delivers a living trial balance for all of your clients
I've been working with dozens of CPA firms for many years now. Until this presentation, I have never had one firm that can define what differentiates their services from any other services. This changes that answer, every client for every CPA firm will demand this product.
There is no other CPA that has described the problem and provided a solution like this
It was really interesting to find out more about your solution and technology. It’s clearly a great product.
Request Information and Follow Up
We offer the following formats for our in-person events and webinar
- 1-hour (eligible for CPE)
- 30-minute (no CPE available)
If you are interested in obtaining more information about attending this course and the options available, please complete the following information and we will follow up with you shortly.