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How the UK Economy Is Affecting Accounting Firms

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)

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