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Overcoming Failure to Implement in Accounting Firms

It’s the “Best Practice 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, “Overcoming Failure to Implement in Accounting Firms” with special guest Will Farnell, founder of innovative UK accountancy firm Farnell Clark and author of The Digital Firm. https://www.linkedin.com/in/willfarnell

You can also watch this on youtube here: [link from spreadsheet]

Key takeaways from this episode include:

☞ examples of the kind of changes many accounting firms want to implement but don’t or can’t

☞ how VUCA (volatility, uncertainty, complexity and ambiguity) and the pandemic have been catalysts for change in accountancy

☞ the role of appetite for change in accounting firms and what makes some projects successful and others not

☞ what stops accountants from changing and what leads to a failure to implement for accounting firms

☞ how to overcome the ‘time’ excuse for accountants struggling to implement change

☞ how the fear of change is a big obstacle for many accountants

☞ the one deciding factor that should frame any change project in an accounting firm

☞ how accounting firms make bad decisions about investing in technology

☞ key takeaways and strategies for accountants to be more effective in implementing change

☞ shout out to ProNation, a new and groundbreaking community for accounting professionals where three heads are better than one

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