When it comes to smaller CPA firms, most people are not expecting them to invest hefty amounts into creating new tools and resources within the industry. However, just because smaller businesses cannot contribute high funds into innovation, this doesn’t mean that everything should be left up to larger corporations. Smaller businesses can still contribute through other means such as setting aside time when they can brainstorm about the future of their firm. They can also educate themselves by reading relevant material and regularly attending conferences.
Key Takeaways:
- Reserve an hour slot each week on your calendar for reading, thinking or talking about what the future of your firm will look like.
- There are a number of books published on relevant issues such as AI, the subscription economy, and how to build an app.
- Consider attending a conference about the future of accounting, such as an Accountex or AICPA gathering.
“No matter what size your practice is, you can and must put something into building your own future within the profession of the future.”
Read more: https://www.accountingtoday.com/opinion/down-payments-on-the-future-of-accounting
